regulators
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Solar
Iberdrola Terminates $8 Billion Deal to Acquire New Mexico Utility
Avangrid, the U.S.-based unit of Spanish energy giant Iberdrola, said it has terminated its planned acquisition of New Mexico utility PNM Resources after failing to receive final approval for the $8.3 billion deal from state regulators. Avangrid officials in a statement on Jan. 2 said the group needed to receive approval for the deal from […]
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History
History of Power: Duke Energy’s Century-Old Legacy
Duke Energy, one of the largest energy companies in the world, grew out of a system of lakes and dams along the Catawba River to generate power for the Piedmont Carolinas. While the company has sustained a
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Press Releases
Regulators Approve Entergy Louisiana’s Plan to Buy Proposed Power Plant
BATON ROUGE, La. (May 16, 2018) – State regulators endorsed another element of Entergy Louisiana’s plan to modernize its generation fleet with today’s vote to approve an agreement for the company to buy a 361-megawatt plant to be built in Washington Parish. The agreement unanimously approved by the Louisiana Public Service Commission calls for Entergy […]
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Commentary
Regulators’ Roles Increase in Scope and Complexity
Public utility commissioners matter. A lot. Now more than ever, these state regulators are charged with looking out for the best interests of utility customers in states that have regulated electric and other utilities. As we’ve seen from countless recent news stories, public utility commissions (PUCs) play a significant role in determining what power system […]
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Commentary
Utility Regulation, Old and New
God forbid that you have a job that requires you to read the orders issued by public utility commissions (PUCs). As a regulator, I not only have to read them—I have to write them. And even I marvel at the arcane, trial-like proceedings of PUCs and the orders that emerge from them, which are the […]
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Legal & Regulatory
FirstEnergy Wants Out of Competitive Power Markets
FirstEnergy Corp.—one of the nation’s largest investor-owned electric utilities, serving customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York—has made the strategic decision to exit the competitive power business. “We have made our decision that over the next 12 to 18 months we’re going to exit competitive generation and become a fully […]