Kallanish Energy News reported, PJM, a Regional Transmission Organization (RTO), authorized funding for projects designed to offer better power supply for approximately 65 million customers, in a 13-state area including Washington, D.C. Get the whole story here.

Quanta Services, Inc. (NYSE: PWR) today announced results for the three and twelve months ended December 31, 2016.  Revenues in the fourth quarter of 2016 were $2.10 billion, compared to revenues of $1.90 billion in the fourth quarter of 2015, and net income from continuing operations attributable to common stock was $88.5 million, or $0.57 per diluted share, compared to net loss from continuing operations attributable to common stock of $2.6 million, or a loss of $0.02 per diluted share, in the fourth quarter of 2015.  As described further in the complete release, certain items favorably impacted diluted earnings per share from continuing operations for the fourth quarter of 2016 by $0.06 per share. Read all the details and register to receive alerts at Quanta’s investors page. 

The Federal Energy Regulatory Commission (FERC) rejected recommendations made in 2005 to make repairs to the dam that has now failed in California according to an article posted to Townhall.com. The story reports FERC has responded similarly to warnings about the electric grid. Read more here. 

The Lone Star state, with 20,321 megawatts of installed wind power capacity, is easily the nation’s leader according to a fourth-quarter market report compiled by the American Wind Energy Association. Tom Kiernan, chief executive officer of the Association said, while visiting a GM plant in Arlington, he believes wind power is a “good fit” with the President’s goals. Learn more by reading the full story from the Fort Worth Star-Telegram.

According to the report released last month, the solar and wind industries employ 476,000 workers, while fossil fuel companies employ 187,117 people. Read more on the story from oilprice.com.