September 30, 2024

Company News

Duke Energy
Duke Considering Sale of 3.5-GW Renewable Portfolio
Duke Energy put a “for sale” sign on its 3.5-GW commercial renewable business, saying it wants to focus its capital on regulated spending.
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Exelon, PPL Differ on Impact of 15% Corporate Minimum Tax
Exelon said the proposed 15% minimum corporate income tax in the Democrats’ energy and climate bill could impinge its cash flow, slow infrastructure investment.
Shutterstock
Entergy Beats Expectations with Q2 Earnings
Entergy easily beat analysts’ expectations with its second-quarter results, thanks to better-than-expected retail sales during the early-summer heat.
CenterPoint Energy
CenterPoint Takes the Heat, Raises Earning Guidance
Texas’ record-breaking heat through June boosted CenterPoint Energy’s second-quarter earnings and led its management to again raise its earning guidance.
Public Service Enterprise Group
PSEG Eyes Democrats’ Climate Bill for Nuclear Plant Support
PSEG is hoping the Democrats’ proposed climate bill will provide long-term support for the utility’s three nuclear plants, now subsidized by N.J. ratepayers.
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California Sees First V2G Reliability Project
San Diego Gas & Electric and its partners launched the first interconnected vehicle-to-grid project to offer support during energy emergencies.
Xcel Energy
Xcel Sees Benefits in $3.2B Transmission Opportunities
Xcel Energy praised both the MISO long-range transmission plan and the late-breaking agreement over the $670 billion Inflation Reduction Act.
FirstEnergy
FirstEnergy Spending $1.5B on Transmission Projects this Year
FirstEnergy's "Energizing the Future" spending plan to update its 24,000 miles of transmission lines and substations is paying off with higher profits.
AEP
Load Growth Boosts AEP Earnings
Boosted by load growth that has returned to pre-pandemic levels, American Electric Power told financial analysts that the company is building on the momentum.
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NextEra Continues to Shine Brightly
NextEra Energy announced strong second-quarter earnings, boosted by another stellar quarter of renewable energy development.

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