November 24, 2024

Company News

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.
Xcel Energy
Xcel Energy Touts Steel for Fuel 2.0 Plan
Xcel Energy says its “significant progress” on what it calls “industry-leading clean energy transition plans" will required $34-44 billion in investments through 2028.
CenterPoint Energy
CenterPoint Names New CEO to Replace Lesar
CenterPoint Energy CFO Jason Wells, named to replace the retiring David Lesar as CEO in January, will "hit the ground running" in 2024.
SunZia
FERC Approves Tariff for SunZia Transmission
FERC approved an open access transmission tariff for the SunZia HVDC line in the Southwest, which will govern how the merchant project can sell any additional capacity it has going forward.

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