Company News
Empire Wind
Equinor and bp have terminated the offtake agreement with New York for the Empire Wind 2 project.
Shutterstock
As U.S. automakers pull back on plans to invest heavily in electric vehicles, claiming sales are not growing as fast as expected, the Treasury Department and Internal Revenue Service issued new guidelines on the federal tax credits for EVs that could further slow sales.
WKRC
Former PUCO Chair Sam Randazzo pleaded not guilty to charges that FirstEnergy paid him $4 million in bribes before his appointment to aid the utility.
Senate ENR Committee
The Senate Energy and Natural Resources Committee on Thursday looked into the state of advanced nuclear reactors just weeks after NuScale Power and Utah Associated Municipal Power Systems terminated a once promising pilot project.
Dominion Energy
A report funded by Chesapeake Climate Action Network questioned Dominion's plans for new natural gas in its pending IRP.
South Fork Wind
Eversource reported it's moving closer to the sale of its share of an offshore wind joint venture, and has substantially completed negotiations with a potential buyer.
Dominion Energy
Dominion Energy reported third quarter earnings and CEO Robert Blue discussed the firm's so-far successful development of an offshore wind project as others in the country face headwinds.
Delmarva Power & Light
"The energy transformation will last decades, not years, which is why we are confident that investment opportunities will continue to strengthen and lengthen our rate base growth,” CEO Calvin Butler said.
Duke Energy
Duke Energy saw quarterly earnings slip due to low demand, but a growing economy and the transition to cleaner energy had its executives highlighting future growth opportunities on its earnings call Thursday.
South Fork Wind
The world’s leading offshore wind developer has canceled two major U.S. projects and suspended work on a third but committed to building a fourth and trying to salvage a fifth.
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