September 28, 2024

Company News

South Fork Wind
Eversource Closer to Exiting OSW Venture with Ørsted
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.
FirstEnergy
Vistra Teases ‘Re-segmenting’ Businesses in 2024
Vistra says its acquisition of Energy Harbor and its nuclear plants will accelerate the company’s transformation and lead to a “re-segmentation” of its businesses when the deal closes.
Arizona Public Service
APS IRP Envisions Increased Renewables, Natural Gas

Arizona Public Service has filed a 15-year resource plan that lays out a strategy for meeting increasing demand and replacing capacity lost from its coal plant exit.

Dominion Energy
Dominion Highlights Successful Offshore Wind Development on Q3 Call
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.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
AEP Discloses SEC Subpoenas, Investigation
American Electric Power says it's been issued two SEC subpoenas in an investigation into the company’s involvement in controversial Ohio legislation.
Delmarva Power & Light
Exelon Q3 Earnings Call Links Transmission Expansion to Rate Cases
"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 Earnings Slip on Low Demand, but Long-term Growth Expected
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.
Shutterstock
Summer Heat Drives Strong Entergy Earnings
The New Orleans-based utility said the summer’s record-setting temperatures led to ”very strong” third-quarter results, providing an opportunity for the company to flex its investment plans.
PSEG
PSEG Reports Q3 Earnings, Infrastructure Investment Plans
PSEG reported an uptick in earnings from last summer and detailed its plans to spend more stable income going forward on improving its infrastructure in a call with analysts.
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Form Energy Wants to Bring Long-duration Storage to New England
Form Energy hopes to use its long-duration iron-air batteries to firm up renewable energy generation across extended stretches in New England.

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