Energy Harbor to Pay OVEC $32.5M in Settlement – RTO Insider

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By Rich Heidorn Jr.

Energy Harbor has agreed to pay OVEC $32.5 million and drop its attempt to abrogate a 30-year power purchase agreement.

Additional news on this topic:

  • Xcel Energy reported year-end earnings of $1.372 billion ($2.64/share), up from 2018’s performance of $1.261 billion ($2.47/share). | SPS

  • CMS Energy

    CMS Energy executives said they will stick to planned long-term investments and complete decarbonization plans despite uncertainties wrought by the ongoing COVID-19 pandemic. | Whirlpool

  • The U.S. Senate voted 70-15 to confirm Dan Brouillette as secretary of energy, a day after Rick Perry resigned.

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