WASHINGTON, April 23 -- The U.S. Department of Energy's Federal Energy Regulatory Commission issued the following dissent by Commissioner Mark C. Christie on a decision (Docket No. ER24-1313-000) involving award of incentives to Exelon Corp.: * * * In today's order, the majority grants the Abandoned Plant Incentive - a transfer of wealth from consumers to transmission developers and risk from developers to consumers (one may ask whether this is exactly a fair exchange) - even though Exelon has  more

TALLAHASSEE, Florida, April 23 -- The Florida Public Service Commission issued the following weekly summary of orders in the electric industry division docket: * * * DOCKET NO. 20230019-EI DATE FILED: 04/23/2024 ORDER NO. AND DESCRIPTION: PSC-2024-0119-CFO-EI Order PSC-2024-0119-CFO-EI granting TECO's request for confidential classification (of DN 01320-2024) for a period of 18 months from the date of this order. DOCKET TITLE: Petition for recovery of costs associated with named tropical s  more

SPRING, Texas, April 27 (TNSres) -- ExxonMobil, an energy provider and chemical manufacturer, issued the following news release on April 26, 2024: Exxon Mobil Corporation today announced first-quarter 2024 earnings of $8.2 billion, or $2.06 per share assuming dilution. Capital and exploration expenditures were $5.8 billion, consistent with the company's full-year guidance of $23 billion to $25 billion. * Generated strong first-quarter earnings of $8.2 billion and $14.7 billion of cash flow fro  more

WASHINGTON, April 27 -- The U.S. Army issued the following high-value contract information through the Pentagon on April 16, 2024. FESCO ENERGY LLC, Frederick, Maryland, was awarded a $14,746,746 firm-fixed-price contract (W50S9G-24-C-0001) for a microgrid with battery backup storage. Work will be performed in Milwaukee, Wisconsin. Fiscal 2022 Energy Resilience and Conservation Investment funds in the amount of $14,746,746 were obligated at the time of the award. The U.S. Army National Guard Bur  more

AKRON, Ohio, April 27 (TNSres) -- FirstEnergy issued the following news release on April 25, 2024: FirstEnergy Corp. (NYSE: FE) today reported first quarter 2024 GAAP earnings of $253 million, or $0.44 per basic and diluted share, on revenue of $3.3 billion. This compares to first quarter 2023 GAAP earnings of $292 million, or $0.51 per basic and diluted share, on revenue of $3.2 billion. GAAP results include the impact of special items listed below. Operating (non-GAAP) earnings for the first  more

WASHINGTON, April 27 -- The Food and Water Watch issued the following news release on April 26, 2024: On Thursday, environmental advocates and organizations held a rally in support of on-site storage of the radioactive wastewater currently held at the decommissioning Indian Point nuclear facility. The push for on-site storage comes as Holtec, the company in charge of the plant decommissioning, announced a lawsuit against New York State for passage of the 2023 of the Save the Hudson Bill (S6893/  more

LONDON, England, April 27 -- Mayer Brown, a law firm, issued the following news on April 26, 2024: Mayer Brown has acted on the "Europe Commodity Finance Deal of the Year" at the TXF Commodity Finance Deals of the Year awards 2023 advising the mandated lead arrangers on the Euros1.23 billion multicurrency revolving borrowing base facilities for MET Group. Proceeds helped the company in their sustainability and energy transition initiatives and became a cornerstone for further developing the en  more

WASHINGTON, April 27 -- Pepco issued the following news release on April 26, 2024: Pepco today issued a Request for Proposal (RFP), for long-term renewable energy and associated environmental attributes, including Renewable Energy Credits (RECs), from photovoltaic solar and/or onshore wind utility-scale power generating facilities located within the PJM. This RFP is being issued following direction and approval by the Public Service Commission of the District of Columbia. Pepco is seeking ener  more

COVENTRY, England, April 22 (TNSres) -- The University of Warwick Business School issued the following news: By Michael Bradshaw If a picture paints a thousand words, the graph below provides a concise summary of the impact of the Russian invasion of Ukraine on European gas security. The blue line shows the flow of Russian pipeline gas to Europe. This was falling well before Russia invaded the Ukraine in February 2022. Gazprom withdrew from European spot markets and declined to fill the stor  more

CHARLOTTETOWN, Prince Edward Island, April 27 -- The University of Prince Edward Island issued the following news release: The University of Prince Edward Island launched a $15-million fundraising campaign to revitalize the Robertson Library on Friday, April 26, as part of "Good News Week at UPEI." Private sector donors have already contributed $600,000 to the campaign, including two $100,000 leadership gifts, one from Grant Thornton and the other from the UPEI Alumni Association. "The revita  more