ITC Holdings Corp. (NYSE: ITC) issued the following statement in response to today's order by the Mississippi Public Service Commission denying ITC and Entergy Corporation's proposed transaction to spin off Entergy Mississippi's electric transmission business and merge it into a subsidiary of ITC.
Reaction to an announcement that New England's six governors have agreed to take a regional approach to planning energy projects and committing money from ratepayers to those projects has generally been favorable.
| ATLANTA, GA - December 10, 2013 (News Release)
ScottMadden, Inc., one of North America's leading energy consulting firms, recently assisted TVA Nuclear to execute its Security Upgrade Project to comply with the Code of Federal Regulations 10 CFR 73.55 and meet its NRC commitment dates.
Entergy Corporation issued the following statement on today's decision by the Mississippi Public Service Commission to reject the proposed spinoff and merger of Entergy's transmission system to ITC Holdings, Inc.:
Fitch Ratings has affirmed the rating on South Texas Electric Cooperative's (STEC, or the cooperative) implied senior secured obligations at 'A-'. The rating is on implied senior secured obligations because none of STEC's currently $974 million of outstanding debt is publicly held.
| SAN DIEGO & NEW YORK, Dec 10, 2013 -- BUSINESS WIRE
EDF Renewable Energy and UBS International Infrastructure Fund announced today that they have signed a definitive agreement under which UBS International Infrastructure Fund will acquire a 50 percent equity interest from EDF Renewable Energy in the 161 megawatt (MW) Spinning Spur II wind farm project, subject to completion of construction and customary conditions precedent.
The future of the Texas electric market will very likely include substantial amounts of renewable energy and gas-fired power, economists with The Brattle Group find in a new report prepared for the Texas Clean Energy Coalition (TCEC).
| Dec 10 - Alan Yonan Jr. The Honolulu Star-Advertiser
Installations of solar photovoltaic systems in Hawaii dropped for the third consecutive quarter, according to a report from the Solar Energy Industry Associated that attributed the decline to new utility guidelines for connecting to the grid and stricter rules for claiming renewable energy tax credits.
FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, today announced a significant operating milestone with the generation of two billion kilowatt hours (kWh) of ultra-clean and renewable electricity produced by Direct FuelCell (DFC) power plants since the first commercial installation in 2003.