February 25, 2025

earnings

PSEG
PSEG to Sell Fossil Units to ArcLight Capital
PSEG will sell its 6.7-GW fossil fuel fleet to ArcLight Capital Partners for $1.92 billion as it transforms into a primarily regulated electric and gas utility.
Duke Energy
Duke Highlights Renewable Efforts in Q2 Call
Duke Energy touted its ongoing “clean energy transformation” through its five-year, $59 billion growth capital plan during the company’s second-quarter earnings call.
OGE
Utilities Still Dealing with Feb. Storm Aftermath
Vistra's CEO said the company's gas resources will find a home when ERCOT redesigns its market in response to the February winter storm.
PPL
PPL Announces Net-zero Goal by 2050 in Q2 Call
PPL announced a new goal to reach net-zero carbon emissions by 2050, bumping up its original timeline by a decade.
NRC
Exelon CEO: Looming Nuclear Plant Closures will be ‘Irreversible’
Exelon said its Byron and Dresden nuclear plants are likely to close because of slow progress on federal and state legislation that would rescue them.
ETI
Entergy Takes Q2 Loss with Indian Point Sale
Entergy took a $340 million hit to its earnings during the second quarter when it closed its sale of Indian Point Energy Center to Holtec International.
Shutterstock
PSEG Close to Fossil Asset Sale
PSEG said it expects to be out of the fossil fuel business by the first quarter of next year and is considering investing in another offshore wind project.
© RTO Insider LLC
Eversource Focuses on Connecticut amid Appeal of Penalties
Eversource says improving its relationship with Connecticut policymakers and ratepayers is a “top priority” even as it appeals a state-imposed penalty.
Xcel Energy
Xcel Increasing Pace of Decarbonization Effort
Xcel is accelerating its transition away from fossil-fueled resources by proposing to add about 10 GW of renewables in Minnesota and Colorado.
DTE Energy
DTE CEO Hints at Accelerating Coal Plant Closures
DTE Energy's CEO indicated that the utility is looking at how to accelerate coal plant closures during a second quarter earnings call.

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