FERC clears Duke Energy deal with Dynegy

Duke Energy recently said the Federal Energy Regulatory Commission has approved the sale of its nonregulated Midwest commercial generation business to Dynegy.  After the closing of the deal, Duke netted $2.8 billion, which it plans to use to improve its services to consumers and to facilitate the repurchasing of common shares. This will help the company generate capital for shareholders. Read More »

Measure aims to boost federal funding of scientific research

U.S. Rep. Lamar Smith (R-TX), the Science, Space and Technology Committee chairman, introduced a bill on Wednesday that aims to keep the U.S. scientifically competitive. The bill, the America Creating Opportunities to Meaningfully Promote Excellence in Technology, Education and Science (COMPETES) Reauthorization Act of 2015, re-establishes the federal government as the catalyst for basic research by increasing funding by 5 percent for agencies that conduct fundamental discovery science. Read More »