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 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.
Vistra CEO Jim Burke said Luminant’s generating fleet has performed well amid Texas’ ongoing heat wave, which has led to multiple demand records this summer.
Duke Energy saw earnings slip on mild weather and focused on its organic growth plans as a fully regulated firm engaged in the energy transition.
Dominion Energy reported profits despite headwinds from mild weather and outages at the Millstone nuclear plant it owns in Connecticut.
Constellation CEO Joseph Dominguez said the company's nuclear fleet is positioned to lead the way on matching clean energy needs with carbon-free power during its earnings call.
Exelon utilities will work on transmission upgrades as the Brandon Shores coal-fired power plant prepares for deactivation.
WEC Energy Group executives were optimistic over a new large industrial customer and new capacity additions during a second-quarter earnings call.
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 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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