Pepco, Exelon to appeal D.C. merger rejection Pepco and Exelon will press an appeal to the D.C. Public Service Commission to reconsider their proposed $6.4 billion merger following last week’s rejection by the three-member regulatory panel. “We remain convinced the decision fails to recognize the substantial immediate and long-term benefits of our merger proposal to … Continue reading #Pepco, #Exelon to appeal D.C. merger rejection
Exelon nuclear plants clear latest auction Exelon Corp. announced Tuesday that all of its Illinois nuclear plants in PJM’s territory, including the Quad-Cities Generating Station, cleared in the power grid operator’s transition capacity auction. The news means the plants, including the economically troubled Cordova plant, can sell supplemental power to the grid in the 2016-2017 … Continue reading Exelon nuclear plants clear latest auction
Spurred by innovators like Tesla, the energy storage business is growing fast Back in May, Tesla turned heads when it announced its plans for a new battery product, which would allow homes and large-scale commercial operations to store energy from solar panels or serve as a backup power source during grid outages. And now, a … Continue reading Spurred by innovators like #Tesla, the energy storage business is growing fast
More Pain For Penn West The news coming out Penn West (NYSE:PWE) is rather grim. The company has just announced a series of actions which are all focused on it surviving the current period of lower commodity prices. From the press release: we will limit our capital expenditures to funds flow from operations by year-end … Continue reading More Pain For #Penn_West
Exelon-Pepco merger decision appealed The Office of People’s Counsel announced Thursday it was appealing a decision by Maryland regulators to approve a $6.9 billion merger between Baltimore Gas and Electric Co. parent Exelon Corp. and Pepco Holdings. The merger, which also needs the approval of regulators in Washington, drew opposition from critics who worried it … Continue reading #Exelon – #Pepco merger decision appealed
Lower natural gas prices mean bill reduction for OG&E customers Lower natural gas prices and the effects of a wholesale regional electricity market will mean lower bills for Oklahoma Gas and Electric Co. customers, the utility said Tuesday. OG&E said the typical residential customer should see a monthly bill reduction of $5, starting this month. … Continue reading Lower natural gas prices mean bill reduction for #OG&E customers
America’s Most Unlikely Energy Project Is Rising From a Louisiana Bayou From a mile away, at the distant end of a flat, two-lane road, the Sabine Pass Liquefied Natural Gas terminal materializes like an alien city from the haze of the Louisiana bayou. Five white cylinders with domed tops, each 140 feet tall and 225 … Continue reading America’s Most Unlikely Energy Project Is Rising From a Louisiana Bayou #Sabine_Pass
AEP investing $5M in energy storage firm American Electric Power Company Inc. is investing $5 million in a fast-rising energy storage firm. The Columbus-based utility (NYSE:AEP) is the marquee investor for a $12.3 million Series C round of funding for Greensmith Energy Management Systems LLC. The deal give AEP access to Greensmith’s expertise and software, … Continue reading #AEP investing $5M in energy storage firm
For more information call 1-855-GET-INNOTAP (1-855-438-4666) or contact us by form or email us today!
