October 1, 2024

Company News

Dominion’s OSW Project to Cost $9.8B, up from $8B
Dominion Energy said the cost of its Coastal Virginia Offshore Wind project has increased by more than 20% to $9.8 billion.
OG&E
Vistra Recovering from Winter Storm’s Costs
Vistra continued its recovery from Winter Storm Uri with a solid third quarter, and it already has begun to look toward future investments.
Con Edison
Con Edison Q3 Earnings up on Clean Energy Growth
Con Ed reported third-quarter net income of $538 million ($1.52/share), up 9.1% compared with $493 million ($1.47/share) in the same period a year ago.
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Eversource Warns of Higher Winter Bills as Gas Prices Bounce Back
Eversource warned that customers will likely see a spike in their bills this winter compared to last year’s, as natural gas prices surge nationwide.
Entergy
Despite Ida, Entergy Reports Strong Quarter
Entergy said it had a "strong" third quarter, despite Hurricane Ida’s landfall in August along Louisiana’s Gulf Coast and its ensuing destruction.
Shutterstock
Maine, NY Voters Prioritize Conservation on Election Day
After Maine voters approved a measure to halt construction of the NECEC transmission line, the line's developer filed a lawsuit challenging the referendum.
DangApricot, CC BY-SA-3.0, via Wikimedia
FirstEnergy Close to Selling Minority Interest in its Transmission Co.
FirstEnergy could announce within weeks the sale of a minority interest — as much as 20% — in its 24,000 mile transmission system.
Public Service Enterprise Group
PSEG Eyes Federal Tax Credits for Nuclear Plants
PSEG CEO Ralph Izzo says company is "hopeful" Congress will pass $15/MWh tax credit for nuclear.
Southern Star
Southern Star Gas Pipeline Joins SPP
SPP has added Southern Star Gas Pipeline to its membership in a strategic alignment with fuel suppliers and to improve coordination with the gas industry.
National Forest Service
PG&E Expects $1B in Costs from Dixie Fire
PG&E said in its Q3 report that it expects a $1.15 billion loss from the massive Dixie Fire this summer and has been subpoenaed by federal prosecutors.

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