Electric utilities
Wisconsin Energy Corporation has filed Form 8-K with the Securities and Exchange Commission on June 22, 2015, related to the Agreement and Plan of Merger between Integrys Energy Group, Inc. ("Integrys") and Wisconsin Energy Corporation ("Wisconsin Energy"). The parties have elected to extend the "End
Electric utilities
The utilities sector is trading up 0.4% against the backdrop of a volatile market, with the Dow Jones Industrial Average experiencing a 0.6% gain as of 12:55 PM ET on Tuesday, June 16, 2015. Within the utilities sector, top gainers include Energy Company of Parana, up 3.
Electric utilities
The Board of Directors of Integrys Energy Group has declared a special pro rata dividend to ensure shareholders receive their dividend at the current rate until the closing of the merger with Wisconsin Energy Corporation. The dividend of $0.007234 per share per day will accrue from May 30, 2015,
Electric utilities
Eight major electric utilities have joined forces to establish Grid Assurance, a company aimed at providing cost-effective solutions to enhance grid resiliency and protect customers from prolonged transmission outages. The initiative, led by American Electric Power and Berkshire Hathaway Energy, will give transmission-owning entities access to a domestically warehoused inventory
Electric utilities
The Federal Energy Regulatory Commission (FERC) has conditionally accepted the Capacity Performance Filing submitted by PJM, a regional transmission organization that manages the energy grid in the Midwest and Mid-Atlantic regions. The decision, dated June 10, 2015, is subject to PJM submitting a compliance filing within 30 days. This move
Electric utilities
Utilities in Minnesota have met the state's renewable energy standards for 2014, with 14.8 percent of total retail sales coming from renewable energy sources. According to a report by the Minnesota Department of Commerce, Division of Energy Resources (DOC), utilities have complied with the 2014 Renewable Energy
Electric utilities
The Federal Energy Regulatory Commission has approved an Engineering and Procurement Agreement between Public Service Company of Colorado and TriState Generation & Transmission Association, Inc. to expedite the installation of 25 kV facilities for a new 25 kV distribution system point of delivery within the PSCo-owned Blue River Substation. The
Electric utilities
As the state of New York grapples with the future of its energy landscape, a scathing letter from a citizen to the New York State Department of Public Service (NYPSC) has brought attention to the proposed bailout of the Ginna nuclear power reactor. Owned by Exelon, the reactor has been
Electric utilities
The proposed bailout of the Ginna nuclear power reactor, owned by Exelon, has faced strong opposition from a citizen, Martha Cameron. In a letter to the New York State Department of Public Service, she expressed her concerns over the agreement between Exelon and Rochester Gas and Electric, which would subsidize
Electric utilities
Constellation, a subsidiary of Exelon Corporation, and the Community College of Baltimore County (CCBC) have started construction of a 5.1-megawatt (DC) solar power project in Baltimore County. The system, spread across CCBC's three main campuses, is expected to generate enough electricity to meet approximately 27 percent of
Electric utilities
The New York State Department of Public Service is facing opposition to a proposed consumer bailout of the Ginna nuclear power reactor, owned by Exelon. A strongly worded letter from Sherry Landsman expresses concerns that the subsidy will cost Rochester-area consumers an estimated $175 million extra for electricity and impose
Electric utilities
The Upper Peninsula Power Company has submitted a comprehensive report on the safety of its hydroelectric dams, including the Escanaba Hydroelectric Project - Dam No. 4 (Boney Falls), Prickett Hydroelectric Project, Dead River Hydroelectric Project, Hoist & McClure Developments, and New Potential Failure Modes (PFMs) from the 2015 Dam Safety
