The Latest
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Data center power sales drive $220M increase in TVA’s net income
The federal utility’s total operating revenue was $10 billion over the first nine months of the fiscal year, up 3% year over year, with a net income of $965 million.
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Courtesy of ConnectDER
OpinionThe utility billing system is preventing rate and program innovation
Utilities are spending billions to modernize the grid, but the system responsible for billing customers is not keeping up, writes GridX Chief Commercial Officer Scott Engstrom.
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Video gamers give 110-MW Texas solar project a financing boost
“Fractionalized” virtual power purchase agreements and renewable energy certificate transactions can help underwrite clean energy projects, particularly in volatile energy markets, an executive involved in the transaction told Utility Dive.
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Courtesy of Duke Energy
Duke Energy to issue $10B in equity to capture gas generation growth opportunity
President and CEO Harry Sideris said the company is deploying more than $1 billion per month to meet “record demand.” Advocates in North Carolina say the utility has exaggerated growth projections to justify its spending plan.
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Permission granted by Rosendin
Texas data center pause puts 20% of US pipeline at risk of delay: BNEF
The longer the moratorium stays in place, the greater the risk to Texas’ data center boom, analysts at Bloomberg NEF said.
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Joel Angel Juarez/Getty Images via Getty Images
Facing an estimated 474 GW of interconnection requests, Texas hits pause on data centers
Texas Gov. Greg Abbott has called for an audit of all data centers in the Electric Reliability Council of Texas interconnection queue, leading the grid operator to delay its Batch Zero review process.
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NRG nears 1.2-GW hyperscaler deal amid Texas data center pause
President and CEO Robert Gaudette said NRG’s approach to delivering customer-backed capacity would thrive in a more restrictive environment for data center development.
Updated Aug. 6, 2026 -
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California DER wholesale market participation could grow 2+ GW from CAISO ‘accounting change’: advocate
Behind-the-meter batteries and other aggregated DERs could get another lift from a related rulemaking at the California Public Utilities Commission, but a final ruling is unlikely before next year, a regulatory expert told Utility Dive.
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Diana DiGangi/Utility Dive
PSEG offers large load supply proposals in PJM’s bilateral contracting process
Also, Public Service Enterprise Group is “encouraged” by potential changes to the utility business model in New Jersey, CEO Ralph LaRossa said.
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$20B in federal climate grants unblocked by appeals court
A divided court rejected the U.S. Environmental Protection Agency’s attempt to reclaim Greenhouse Gas Reduction Fund grants “based solely on a policy disagreement” with the Inflation Reduction Act.
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Photo by Eduardo Munoz Alvarez/Getty Images via Getty Images
Battery-eligible New Jersey VPP program begins to take shape
Utility-owned storage could help mitigate grid congestion, a utility manager said at a July stakeholder meeting. Another said customer-centric program design is crucial to reducing attrition.
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Chip Somodevilla/Getty Images via Getty Images
$700M microgrid bill has state energy office, electrical manufacturer support
The bill would make microgrids and distributed energy resources eligible for state energy program grants and establish state-run grid resilience programs.
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Tasos Katopodis via Getty Images
Southern Co. contracted large load rises to 17 GW
Recently announced projects include a 3.2-GW OpenAI data center near Savannah, Georgia. The contract includes 1 GW of “flexible demand response” for peak shaving — the first such flexibility provision the company has codified with a data center customer.
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Eversource Q2 income plunges on transmission ROE, offshore wind charges
Jefferies analysts cast doubt on Connecticut Light and Power’s $1 billion advanced metering infrastructure proposal, which has a negative benefit-to-cost ratio.
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Permission granted by Base Power
OpinionAmerica’s permitting crisis lives at City Hall
Every month a city spends re-reviewing a battery it has already certified safe is time wasted when that resource could be adding capacity to the grid or lowering a family's bill, writes Base Power COO Justin Lopas.
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AEP secures 13 GW of gas turbines as generation ‘central’ to growth plans
Turbines are “a scarce resource and will become increasingly more valuable,” AEP’s Bill Fehrman said. “We're going to continue to be aggressive in our positions on this.”
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Permission granted by Dominion Energy
Dominion offshore wind project cost rises nearly $300M
The increase is due to revised network upgrade costs assigned by the PJM Interconnection, tariffs imposed by the Trump administration in April and updated turbine installation projections, executives said.
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DTE ties rate stability to data center projects as large-load pipeline remains steady
The company’s $30 billion electric utility capital investment plan was unchanged from the first quarter, officials said during the second-quarter earnings call.
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PJM files backstop auction plan at FERC to meet capacity shortfall
The proposal aims to fill a capacity shortfall driven by surging data center demand, which could grow by 70 GW by 2038, according to the PJM Interconnection. The success of the plan depends on states taking steps to protect their retail customers from cost shifts, it said.
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Courtesy of Meta
Exelon ‘high probability’ data center load falls 40%
The drop to 11 GW reflects Exelon’s ability to weed out speculative projects through “transmission security agreements,” said CFO Jeanne Jones.
Updated July 31, 2026 -
Retrieved from Xcel Energy.
Xcel Energy on track for 3% retail sales growth this year, executives say
The company has a 2026-2030 base capital investment plan of $60 billion and line of sight to an additional $10 billion that includes transmission and generation for data center load.
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Justin Sullivan via Getty Images
Edison CEO: California utilities face credit downgrades without wildfire reforms
With four weeks left in the legislative session, CEO Pedro Pizarro acknowledged the possibility California lawmakers will not pass wildfire liability reforms this year.
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Texas approves AI data center co-location next to wind farm, with curtailment caveats
A final order in the case could offer an early template for other large behind-the-meter loads, requiring rapid curtailment during grid emergencies while limiting participation in demand response programs.
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Under pressure, Entergy looks to mitigate cost of $1.8B Texas gas plant purchase
“We know that Cottonwood isn't the shiniest new plant out there,” Entergy CEO Drew Marsh told analysts. The deal is “increasingly in doubt,” one says.
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Justin Sullivan/Getty Images via Getty Images
DOE mulls changes to Biden-era transformer rule, raising utility concerns
Utility associations supported the 2024 efficiency requirements for distribution transformers and oppose their repeal. The rule may threaten national security, DOE says.
