Company News
Eversource
Eversource announced an after-tax impairment charge of $331 million related to the sale of its offshore wind assets in its quarterly earnings call.
PSEG
PSEG has marked a number of “wins” that align with New Jersey’s energy policies, CEO Ralph LaRossa said during the company’s second-quarter earnings call.
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Xcel Energy, AEP and CenterPoint energy reported lower second-quarter earnings during a down day for utilities and other sectors on Wall Street.
DTE Energy
DTE Energy touted the recently approved settlement on its 20-year resource plan in its second-quarter earnings call.
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DTE Energy reached an agreement with Michigan officials and environmental groups to add more renewable power and phase out coal use by 2032.
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FERC approved an $11 million fine for BP America that closes an investigation into natural gas price manipulation dating back to Hurricane Ike in 2008.
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Two of the world’s richest men drew crowds when they discussed energy future at Edison Electric Institute’s annual conference last month.
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Duke Energy announced a $364 million deal to sell its distributed renewable business to ArcLight Capital.
Ohio General Assembly
Former Ohio House Speaker Larry Householder (R) was sentenced to 20 years in prison Thursday for taking bribes from FirstEnergy to pass legislation subsidizing the company’s nuclear plants.
PacifiCorp
PacifiCorp will be able to meet Oregon’s ambitious greenhouse gas emissions reduction targets for electric utilities but “it will not be without challenges,” a company official said.
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