NEW YORK, July 21, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Exelon Corporation (NYSE: EXC), NRG Energy Inc. (NYSE: NRG), Duke Energy Corp. (NYSE: DUK), Public Service Enterprise Group Inc. (NYSE: PEG) and American Electric Power Company Inc. (NYSE: AEP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4928-100free.
Exelon Corporation Analyst Notes
On July 11, 2014, Exelon Corporation (Exelon) announced the filing of a petition by the Exelon Corp./ Constellation Energy Nuclear Group (CENG) with the New York State Public Service Commission (NYPSC) that, if the petition is approved by the NYPSC, is designed to facilitate the continued safe and reliable operation of the Ginna Nuclear Power Plant in Ontario, NY. According to the Company, this is the next step to ensure that Ginna continues to operate. If the petition is approved by the NYPSC, CENG management would be ordered to negotiate with Rochester Gas and Electric (RG&E) on the terms of an agreement to support continued operation. Exelon further stated that the terms of the agreement are expected to be filed with the NYPSC by the end of 2014 for approval, at which time all stakeholders will have opportunity to file comments with the PSC pursuant to the established process. The full analyst notes on Exelon are available to download free of charge at:
NRG Energy Inc. Analyst Notes
On July 15, 2014, NRG Energy Inc. (NRG Energy) announced that it has formed a 50/50 joint venture with JX Nippon Oil Exploration (EOR) Limited, a subsidiary of JX Nippon Oil & Gas Exploration Corporation (JX Nippon), via its wholly owned subsidiary Petra Nova Holdings LLC (Petra Nova) to build and operate the Petra Nova Carbon Capture Project (the Project). The Project was selected by the United States Department of Energy (DOE) to receive a grant of up to $167 million as part of the Clean Coal Power Initiative Program (CCPI), a cost-shared collaboration between the federal government and private industry. The Project will be a commercial-scale carbon capture system that captures 90% of the carbon dioxide (CO2) in the processed flue gas from an existing unit at the WA Parish power plant in Fort Bend County, southwest of Houston. David Crane, President and CEO of NRG Energy said, "This project is an enormous step in that direction, plus it continues the trend of enhancing domestic oil production; thus further reducing our national dependence on foreign sources of oil." The full analyst notes on NRG Energy are available to download free of charge at:
Duke Energy Corp. Analyst Notes
On July 16, 2014, Duke Energy Corp. (Duke Energy) announced that the cleanup work along the Dan River has been completed. Completion of the work was reviewed and approved by the U.S. Environmental Protection Agency (EPA). The Company has successfully removed nearly 2500 tons of coal ash and river sediment in the area, and has even conducted more than 2,000 surface and drinking water samples in the Dan River. Drinking water quality has remained safe since the event on February 2, 2014, while surface water quality returned to normal conditions within days of the event. The EPA has concluded that enhanced drinking and river water quality sampling is no longer necessary along the river. Duke Energy is continuously working with the city of Danville to identify future opportunities for additional enhancements at the park such as improved river and fishing access areas. The full analyst notes on Duke Energy are available to download free of charge at:
Public Service Enterprise Group Inc. Analyst Notes
On July 15, 2014, Public Service Enterprise Group Inc. (PSEG) reported that its Board of Directors has declared a $0.37 per share dividend on the Company's outstanding common stock for Q3 2014. Shareholders of record as of September 6, 2014 will be paid dividends on or before September 30, 2014. The full analyst notes on PSEG are available to download free of charge at:
American Electric Power Company Inc. Analyst Notes
On July 8, 2014, Indiana Michigan Power (I&M), a unit of American Electric Power Company Inc. (AEP), announced its plans to build and operate five solar generation facilities, adding another emission-free source of power to the Company's generation portfolio, which already includes nuclear, wind and hydro. The Clean Energy Solar Pilot Project, if approved by the Indiana Utility Regulatory Commission, will have a combined generation capacity of about 16 megawatts, producing energy equivalent to powering more than 2,500 homes for a year. Further, I&M also informed that it is seeking approval from state regulators to give customers the option of showing further support for solar power by subscribing to receive 50 kilowatt hour blocks of Solar Renewable Energy Credits through the new Green Power Program. Construction of the project has been set for early 2016 with completion expected in late 2016. The full analyst notes on AEP are available to download free of charge at:
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