Company News
PG&E announced an ambitious pilot project to test whether it can transport hydrogen in natural gas lines and burn the fuel for electric generation.
WhisperToMe, Public domain, via Wikimedia Commons
CenterPoint executives celebrated their company’s status as a "pure play regulated utility” during a first-quarter earnings call with financial analysts.
AEP told financial analysts it is continuing to de-risk and simplify itself, reporting increased first-quarter earnings the same day as Xcel Energy did.
Entergy says it is on course to shut down its Palisades nuclear plant, despite DOE's $6 billion program to prevent the early closure of nuclear plants.
DangApricot, CC BY-SA-3.0, via Wikimedia
FirstEnergy reported first-quarter adjusted earnings of $288 million ($0.51/share) on revenue of $3 billion, down 18% from the first quarter of 2021.
FERC ordered six more entities to refund the premiums they earned from sales into CAISO during the severe heat wave of August 2020.
NextEra Energy lost almost 10% of its market value after telling the financial community that issues from Asian suppliers could delay some projects.
FERC ordered PacifiCorp to refund premiums it received for sales above WECC's soft price cap of $1,000/MWh during the severe Western heat wave of August 2020.
FERC renewed BlackRock's blanket authorization of utility stock purchases, but two commissioners expressed concern about it exerting undue influence.
PG&E announced that its 182.5-MW Elkhorn Battery project, comprising 256 Tesla Megapack units, had commenced operation in CAISO.
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