Wednesday, April 18, 2012

FERC may be working toward June ruling on Duke Energy-Progress Energy deal - Charlotte Business Journal

John Downey
"The companies filed their latest proposal on March 26 — after the Federal Energy Regulatory Commission    rejected two earlier plans. Last week, FERC responded with a few dozen highly specific, and generally technical, questions about the proposal. Some observers saw that as a sign that the federal proceedings could be slowed further as Duke and Progress press to beat a July 8 expiration date on their merger agreement."

'via Blog this'

Monday, April 16, 2012

Santee Cooper, Mississippi power agency sign letter of intent

Santee Cooper and South Mississippi Electric Power Association signed a letter of intent, which begins negotiations for South Mississippi Electric to secure 2-7% of the capacity and energy output from two new nuclear units being built at V.C. Summer.

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