September 28, 2024

Company News

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. 
© RTO Insider LLC
NY Won’t Meet Renewable Target, Industry Says at Summit
Industry speakers at the 2024 New York Energy Summit told attendees the state has already missed its goal of 70% renewable energy by 2030 even as state officials maintained their optimism. 
PNM
Regulators Approve PNM IRP Despite Staff Criticism
New Mexico commissioners voted to accept PNM's 2023 integrated resource plan despite concerns about an escalation in costs and resources since the 2020 IRP.

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