Oct. 30, 2017 Vistra Energy to acquire Dynegy in $1.7B all-stock deal; PREPA, Gov. Rosselló reject appointment of 'chief transformation officer' for grid rebuild; Technology, markets and contracts — oh my! The keys to profiting from California's duck curve; SCANA will likely cover $210M in expected costs from abandoned Summer nuclear project
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Controversy over the public utility's contracting process comes as critics in Puerto Rico and Washington push for far-reaching reforms, including potential privatization.
The federal control board that oversees Puerto Rico's finances wants to appoint a retired Air Force Colonel with “all the powers of a chief executive officer” to direct grid rebuilding efforts.
The utility assumes it will not be allowed to charge its customers the accrued costs since state regulators last reviewed the status of the nuclear project about 18 months ago.
Roughly 10 million state residents may be breathing air with high levels of smog partly due to pollution from upwind sources, says Attorney General Eric Schneiderman.
While the utility sector has been upping its security measures surrounding power plants, last week's attack targeted regulators' information technology systems.
A similar measure failed to advance in 2015. The new version, House Bill 592, initially would have ended the state's involvement in the regional cap-and-trade system.
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