September 30, 2024

Company News

Shutterstock
SEC Seeks Standard Disclosures for Climate-related Business Risks
The SEC has issued a proposed rule that would require public companies to file GHG emissions data and information related to impacts of climate risks.
U.S. Forest Service
FERC Rejects PG&E Bid to Raise Profits
FERC rebuffed a request by PG&E for a 13% return on equity based on its financial risks from wildfires and the state's aggressive decarbonization efforts.
Invenergy
AEP Completes 1.5-GW Wind Energy Development
American Electric Power's Traverse Wind Energy Center, the last of three Oklahoma projects with total capacity of 1.5 GW, is now generating electricity.
Vistra
Burke to Succeed Morgan as Vistra’s CEO
Vistra said that its board of directors has named current CFO Jim Burke as its next CEO effective Aug. 1, replacing Curt Morgan after a transition period.
NRC
NRC Cites Ohio’s Davis-Besse Nuclear Power Plant
The Nuclear Regulatory Commission cited the Davis-Besse nuclear plant in Ohio for improper maintenance of its very large emergency diesel generators.
Shutterstock
Report: Microsoft, PepsiCo Earn Top Marks on Net-zero Progress
Microsoft and PepsiCo took the No. 1 and 2 spots in a new ranking of 55 large U.S. companies for their work on net-zero-emission targets.
NorthWestern Energy
Nonprofits: NorthWestern’s Net-zero Goal Not Enough
Dozens of Montana organizations are demanding that NorthWestern Energy decarbonize by 2035, years ahead of its new midcentury target for net-zero emissions.
Electricities of North Carolina
FERC Orders Negotiations in Duke-Muni Contract Dispute
FERC conditionally approved changes to Duke's contract with municipal utilities in N.C. but ordered negotiations over how demand charges are calculated.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
AEP to Sell Unregulated Renewables Portfolio
AEP said it intends to sell some or all of its unregulated contracted renewable resources and redirect the proceeds to its transmission assets.
U.S. Bureau of Ocean Energy Management
Avangrid CEO: Benefits of OSW Restructuring Not Reflected in Stock
Avangrid’s CEO said during an earnings call that the lease areas that the company now directly controls are “undervalued based on current market prices.”

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