Company News

Idaho Power
FERC Challenges Market-based Rates for Idaho Power’s Home Territory

FERC threatened to revoke Idaho Power’s market-based rate authority in its home territory, citing the utility’s failure of a key market power test.

AEP
Interim CEO Fowke Explains AEP Leadership Change
One day after removing Julie Sloat as its CEO and installing former Xcel Energy CEO Bob Fowke on an interim basis, AEP used its quarterly earnings call to add further color to the board's decision.
Constellation Energy
Constellation Reports Strong Financials, Bright Nuclear Future
Constellation reported strong 2023 earnings and projected strong growth in large part due to its nuclear fleet.
Entergy
Entergy Highlights Data Center and Industrial Load Growth in Q4 Earnings
Executives focused on Entergy’s booming industrial load growth during a year-end earnings call Feb. 22.
Edison International
SCE Sees Wildfire Risk Decline as Load Outlook Improves
Independent measures show Southern California Edison has sharply reduced its financial risk from catastrophic wildfires compared with pre-2018 levels, Edison International CEO Pedro Pizarro said.
Pacific Gas and Electric
PG&E Foresees Strong Growth from Electrification, Data Centers
California’s “leadership in electrification” will be a key driver of Pacific Gas and Electric’s expected customer growth over the next five years, CEO Patti Poppe said during an earnings call.
Dominion Energy
Dominion Sells 50% of Coastal Virginia Offshore Wind to Stonepeak
Dominion Energy reported earnings of $2 billion in 2023 and announced that it has closed on an equity partner for its Coastal Virginia Offshore Wind project. 
Worldview Films
Avangrid Avoids Major Offshore Wind Losses
Avangrid reported a year-over-year decrease in income but said a timely pause in its offshore wind projects saved it from write-offs that could have run into the billions.
EEI
EEI Briefs Wall Street on Business and Policy Goals for 2024 and Beyond
The Edison Electric Institute’s senior executives briefed Wall Street on the state of the utility industry and some of the policies it supports. 
PPL
PPL CEO Talks Energy Transition on Q4 Earnings Call
PPL plans to invest $14.3 billion in capital spending from 2024 to 2027, which would strengthen reliability and resiliency while enabling more clean energy and keeping a lid on costs for customers.

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