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September 20, 2011
Bangor Hydro-Electric informed the Maine PUC that it is, "exploring alternatives regarding the disposal of the energy," from the Rollins Wind Project, after FERC denied BHE's sought waiver to allow BHE transmission function employees to engage in ministerial actions needed to make sales of the…
September 19, 2011
Late Friday, Monitoring Analytics, LLC, filed with FERC as well as the Maryland PSC an updated market power analysis regarding the proposed merger of Constellation Energy and Exelon, but which does not materially alter the PJM independent market monitor's conclusions regarding the merger.
September 19, 2011
The proposed merger of Exelon and Constellation Energy is, as filed, not consistent with the public interest, Maryland PSC Staff said in testimony to the PSC (9271), with Staff's analysis incomplete due to a later deadline for filing testimony relating to market power issues.
September 9, 2011
Exelon Announces Management for Competitive Business Post-Merger Exelon today announced the senior executives that will be reporting directly to President and CEO Christopher Crane following completion of the proposed Exelon-Constellation merger.
September 7, 2011
A non-unanimous stipulation in AEP Ohio's electric security plan proceeding contemplates that, starting June 1, 2015, AEP Ohio would source power for Standard Service Offer load through competitive auctions (11-346-EL-SSO et. al.)
August 26, 2011
U.S. Gas & Electric Serving Electric Customers in New Jersey
August 10, 2011
PPL Electric Utilities petitioned the Pennsylvania PUC to implement a default service reconciliation rider, or "migration" rider, to charge or refund to customers any default service reconciliations for their past service under default supply, regardless of the customer's current supplier.
August 3, 2011
Constellation's NewEnergy segment reported higher adjusted earnings of $52 million for the second quarter, versus $44 million a year ago.
July 27, 2011
Retail supplier Exelon Energy recorded "significant growth" during the first six months of the year, executives said during an earnings call this morning.
July 25, 2011
The proposal from Constellation Energy and Exelon to divest three generating plants in PJM as part of their proposed merger would not eliminate the competitive issues of the merger, PJM's Independent Market Monitor said in comments at FERC (EC11-83).
July 21, 2011
In a protest at FERC (EC11-83), the Maryland Office of People's Counsel and Pennsylvania Office of Consumer Advocate called the proposed mitigation offered by Exelon and Constellation Energy as part of their merger application inadequate, while also calling the analysis of retail market issues…
July 20, 2011
Constellation Energy has signed an agreement to provide electricity to U.S. Postal Service facilities in New York, Massachusetts and Maine through July 2012, continuing a six-year relationship with USPS. Constellation also currently provides electricity to the USPS in Connecticut, Pennsylvania…
June 22, 2011
The Pennsylvania Office of Small Business Advocate has filed a complaint at the Pennsylvania PUC seeking, among other things, an investigation into the impact of the proposed Exelon-Constellation Energy merger on the state's retail electricity and natural gas markets (P-2011-2247936).
June 6, 2011
The significant customer migration to competitive suppliers at several Pennsylvania electric distribution companies (EDCs) in just a short period since the expiration of rate caps should counsel the PUC against any significant changes to the default service model at this time, several consumer…
June 3, 2011
PSEG Power Terminates Sale of Odessa Facility, Seeks New Buyer
May 27, 2011
StarTex Power formally announced this morning that it has signed a definitive merger agreement to be acquired by Constellation Energy.
May 26, 2011
"[I]f a proposed merger does not adversely affect wholesale market competition, it is unlikely to adversely affect retail market competition," Dr. Joe Pace of Navigant Economics said in testimony supporting the merger application of Exelon and Constellation Energy before the Maryland PSC (Case 9271)…
May 23, 2011
In addition to previously announced divestitures, Constellation Energy and Exelon have committed to sell 500 MW of baseload energy under contracts that will extend through the end of 2014 as part of seeking approval of their merger at FERC.
May 23, 2011
Constellation Energy is said to be in talks to acquire StarTex Power, according to a source with knowledge of the discussions.
May 19, 2011
The Illinois Commerce Commission has posted results from the recent procurement of default service energy products at Commonwealth Edison.
May 16, 2011
The Illinois Commerce Commission has posted results from the May RFP for both energy and capacity for default service customers at Ameren.
May 12, 2011
Exelon Corporation has inked an agreement to acquire Wolf Hollow, a combined-cycle natural gas-fired power plant in north Texas, from Sequent Wolf Hollow, LLC, for $305 million, as adjusted for working capital.
May 12, 2011
Constellation Energy announced this morning a definitive agreement to acquire 100 percent of MXenergy, which serves more than half a million customers in 15 states and two Canadian provinces.
May 11, 2011
Several Ohio retail gas suppliers have requested that PUCO require Columbia Gas to allow the use of financial instruments for the required "cross collateral" which winning suppliers must post under Columbia's proposed Standard Choice Offer (08-1344-GA-EXM).
May 6, 2011
Ongoing earnings at PPL's Supply segment were lower at $205 million, versus $244 million a year ago, on lower energy margins as higher priced hedges continue to roll off.
