Company News
GE Vernova
The U.S. Department of Energy awarded $800 million to the Tennessee Valley Authority and Holtec Government Services to support construction of what may be the country’s first advanced small modular reactors.
El Paso Electric
El Paso Electric again is seeking regulatory approval for its New Mexico renewable energy plan after resolving tariff-related cost uncertainty of a solar-plus-storage procurement proposed in the plan.
Dominion Energy
The Virginia SCC approved a smaller rate request than Dominion Energy asked for, but it also approved its plan to set up a new rate class for large customers and new natural gas units to meet rising demand.
© RTO Insider
In a rare split decision, the California Public Utilities Commission approved $51.2 million in additional funds for electrification projects for San Diego Gas & Electric customers.
Ørsted
Ørsted reported a net loss for the third quarter, attributed to the continuing financial challenges for its U.S. offshore wind portfolio, but it also said those projects are progressing well toward completion.
SEIA
With the start of production at an ingot and wafer factory in Michigan, all components of a photovoltaic solar module can now be sourced from U.S. manufacturers.
Georgia Power
The U.S. has entered a strategic partnership to pursue construction of at least $80 billion worth of Westinghouse nuclear reactors nationwide.
NextEra Energy
NextEra Energy plans to restart the 50-year-old Iowa nuclear power plant it shut down in 2020 and sell some of its output to Google for data center operations.
Xignux
GE Vernova is moving to expand the reach of its fastest-growing business segment, Electrification, by acquiring full ownership of grid equipment supplier Prolec GE.
Revolution Wind
The infrastructure that supports our ability to generate and move critically needed electrons relies heavily on a regulatory environment that offers some consistent level of predictability, says columnist Peter Kelly-Detwiler.
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