Company News
Eversource Energy earned $1.2 billion ($3.55/share) in 2020, a nearly 33% increase over 2019’s earnings of $909.1 million ($2.81/share).
A group of companies has formed the Net Zero Business Alliance to combat climate change and work with policymakers to achieve net-zero emissions.
Energy Transfer said it has entered into an agreement to acquire Enable Midstream Partners in a $7.2 billion all-equity transaction.
The market for bonds that address climate change is flourishing, with issuances that now exceed $1 trillion, but that still falls short of what is needed.
Utilities and co-ops in 11 Southeastern states asked FERC for permission to expand bilateral trading in the region and allow 15-minute energy transactions.
Duke Energy executives said they have put the challenges of 2020 behind them, predicting a 5 to 7% annualized increase in earnings per share through 2025.
The Edison Electric Institute is skeptical about its ability to meet the Biden administration’s goal of carbon-free electricity by 2035.
Utilities need to offer electric vehicle rate designs that will encourage customers to use EVs most efficiently, said Rachel Gold, director at ACEEE.
Pacific Gas & Electric submitted its latest wildfire prevention plan to the California Public Utilities Commission as it faces threats of intense scrutiny.
FERC rejected GridLiance High Plains’ proposal to conduct local transmission planning for nonpublic SPP utilities outside of the company’s service territory
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