September 28, 2024

Company News

Duke Energy
Duke Energy Executives Discuss Demand Growth on Q2 Earnings Call
Duke Energy executives highlighted how the return to load growth is impacting its utilities during its second-quarter earnings call with analysts. 
Duke Energy
4th Circuit Remands Duke Energy Market Power Lawsuit Filed by NTE
A lower court found Duke was just competing for business, but the appeals panel of three judges has open questions on whether market power was abused.
Constellation Energy
Constellation Raises Earnings Guidance amid Rising Demand
Constellation Energy turned in another solid quarterly report Aug. 6, boosting its earnings guidance for the year and offering a rosy picture for the future of its nuclear power fleet. 
Xcel Energy
Xcel Energy Beefs up Wildfire Mitigation Plans
Xcel Energy says it relies on industry best practices and its own experience in beefing up wildfire mitigation plans.
Entergy
Entergy Touts Louisiana Settlements, Beryl Response in Q2 Earnings
Entergy promoted its Hurricane Beryl response alongside a pair of pending settlements with Louisiana regulators over rates and the Grand Gulf Nuclear Station during a second quarter earnings call.
Dominion Energy
Dominion Highlights Demand Growth, OSW Progress
Dominion earned $572 million in the second quarter of 2024 and logged six new peak demand records in July on the back of Virginia’s continued electricity consumption growth.
Bechtel
WEC Energy Group Concentrates on Natural Gas, Solar to Meet Data Center Growth
WEC Energy Group’s second-quarter earnings call zeroed in on the new natural gas and solar generation the company plans to bolster Wisconsin’s economic resurgence.
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Maryland PSC Approves Grid Upgrades for New Data Center
Maryland has been promoting itself as a nearby, attractive alternative to Northern Virginia, and data center developers are starting to take a closer look.
Shutterstock
PSEG Planning for EV, Data Center Growth
New Jersey last year put an additional 62,426 new EVs on the road, a 68% increase over 2022, which has prompted some advocates to suggest the state is in reach of its goal of having 330,000 EVs in the state by 2025.
AEP
AEP Planning for 15 GW of Data Center Load
AEP executives say they're embracing large loads and have firm commitments for more than 15 GW of load coming from just data centers by 2030.

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