Company News

Georgia Power
Southern Credits Strong Southeast Economy for Earnings Growth
Economic growth in the Southeast fueled first-quarter earnings of more than $1.1 billion, Southern Co. executives said.
Exelon
Exelon Focuses on ComEd, Other Rate Cases in Q1 Earnings Call
Exelon prioritized improving "our regulatory outlook in Illinois," CEO Calvin Butler said, after the state's Commerce Commission rejected ComEd's integrated grid plan for failing to meet core provisions of the Climate and Equitable Jobs Act.
Dominion Energy
OSW, Data Centers Loom Large in Dominion’s Outlook
Dominion expects to start installing monopiles for the Coastal Virginia Offshore Wind project between May 6 and 8, CEO Robert Blue told analysts during the company’s first-quarter earnings call.
Peretz Partensky, CC BY 2.0, via Wikimedia Commons
PSEG Sees New Market for Nuclear in AI, Data Centers
PSEG is looking to use excess capacity at its three South Jersey nuclear generators to provide clean energy for data centers and AI development projects, CEO Ralph LaRossa said in the company’s first-quarter earnings call.
PPL
Data Center Load Growth Driving PPL’s Plans
Rising demand from data centers will lead to increased investment in transmission in PPL’s utility territories, executives said during a first-quarter earnings call.
DOE/NREL
DOE: AI Critical to US Clean Energy, Grid Modernization Goals
Streamlining and accelerating permitting is just one of the potential uses DOE envisions for AI to accelerate the U.S. power system’s transition to 100% clean energy and the modern, efficient, secure grid needed to reach that goal by 2035.
Texas A&M Forest Service
Wildfire Litigation Poses Threat to Xcel Energy
Xcel Energy says it expects to incur a financial loss from Texas wildfires that could have a “material adverse effect” on the company’s bottom line.
NextEra Energy
NextEra: Solar and Storage Best Bet to Meet Load Growth
Projected load growth nationwide from data centers, electrification and increased domestic manufacturing will drive increasing demand for renewables, NextEra Energy CEO John Ketchum said during a first-quarter earnings call.
Louisiana Public Service Commission
Louisiana PSC Adopts Nearly $2B Entergy Resilience Plan
The Louisiana PSC voted 3-2 to approve Entergy Louisiana’s hotly debated, $1.9 billion grid hardening proposal to be funded by ratepayers, four days after the utility submitted it.
WECC
26 Western Entities Signal Continued Support for Markets+
More than two dozen Western electricity sector entities sent a letter to SPP expressing support for the continued development of the RTO’s Markets+, which is competing for participants with CAISO’s Extended Day-Ahead Market. 

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