September 28, 2024

Company News

Revolution Wind
Offshore Wind Power Boosts Revenue for Ørsted
Ørsted, the largest OSW developer in the world, reported that earnings from its offshore wind business hit an all-time high in the first quarter of 2023.
Ken Lund, CC BY-SA 2.0, via Wikimedia Commons
Jury Finds Former ComEd CEO, 3 Others Guilty in Bribery Trial
Four were charged with 9 counts of conspiracy to bribe former Ill. House Speaker Michael Madigan in exchange for his help in passing bills favorable to ComEd.
Dominion Energy
Enviros Pan Dominion Integrated Resource Plan
Dominion Virginia’s new Integrated Resource Plan anticipates continued development of solar, wind and storage — and 970 MW of new natural gas capacity.
Lordstown Motors
Lordstown Motors Warns of Bankruptcy in Contract Funding Feud
Can Lordstown Motors survive? The electric truck maker warned investors this week that it may seek federal bankruptcy protection.
PSEG
PSEG Sees Fortunes Stoked by NJ OSW, EV Advances
PGEG's CEO said the company should get a boost from New Jersey’s second solicitation for offshore wind transmission upgrades and a deepening embrace of EVs.
WEC Energy Group
WEC Energy Group’s Earnings Droop on Mild Winter
WEC Energy Group’s first-quarter earnings dipped year-over-year, owing to one of the mildest winters in its service territory in more than a century.
© RTO Insider LLC
FERC OKs Duke Energy Rate Changes to Reflect Tax Cuts
FERC approved Duke Energy’s rate settlement with two co-ops to reflect lower corporate taxes enacted during the Trump administration.
CenterPoint Energy
CenterPoint’s $43B Capex Plan on Track
CenterPoint Energy navigated high interest rates and mild winter weather for a "tremendous start" to 2023 and is on its way to deploying $43 billion in capital.
Xcel Energy
Xcel: Nuclear Water Leaks’ Costs ‘not Material’
Xcel Energy says repair costs for two radioactive water leaks since last November at its Monticello nuclear plant “were not significant.”
PacifiCorp
FERC Tells PacifiCorp to Fix its Tx Rate Protocols
PacifiCorp’s transmission formula rate protocols lack transparency and may limit the ability of interested parties to review and challenge rates, FERC decided.

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