Corporate News
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Evergy’s capital spending plan jumps 24%, to $21.6B, driven by generation
Evergy this month signed electric service contracts totaling 1.9 GW with Google, Meta and Beale Infrastructure, with at least one more contract expected this year, company officials said.
By Ethan Howland • Feb. 20, 2026 -
Southern California Edison expects ‘muted’ 2026 growth as wildfire costs roll in
Chief Financial Officer Maria Rigatti told investors the company sees mounting wildfire costs as a one-time setback that won't impact future growth.
By Emma Penrod • Feb. 20, 2026 -
As load grows, Southern raises spending plan to $81B
The utility company’s large load pipeline now sits at 75 GW, with 10 GW fully contracted.
By Diana DiGangi • Feb. 20, 2026 -
FirstEnergy 5-year spending plan jumps 30%, to $36B, driven by transmission
FirstEnergy is seeking a U.S. Department of Energy loan to pay half of a $2.5 billion gas-fired power plant planned for West Virginia.
By Ethan Howland • Feb. 19, 2026 -
CenterPoint peak load to jump 50% by 2029 — 2 years earlier than previously expected
Demand is growing faster than previously anticipated and is on pace to double CenterPoint’s peak load by the middle of next decade, CEO Jason Wells said.
By Robert Walton • Feb. 19, 2026 -
The image by Pacific Power is licensed under CC BY-ND 2.0
PGE in $1.9B deal to buy PacifiCorp’s Washington utility operations
The deal could yield system resilience, transmission and clean energy investment opportunities as well as new large load customers, Portland General Electric officials said.
By Ethan Howland • Feb. 18, 2026 -
Entergy sees traditional and high-tech industrials driving sales growth
The New Orleans-based company’s five regional utilities expect 8% annual sales growth through 2029 as data centers and new heavy industrial projects come online.
By Brian Martucci • Feb. 17, 2026 -
Data center growth has helped PG&E cut rates 11% since 2024, CEO says
But California's “regressive” wildfire policies have become a burden for ratepayers, CEO Patti Poppe said.
By Emma Penrod • Feb. 17, 2026 -
DTE Energy’s 5-year spending plan jumps 20% on data center, reliability investments
The company's 2026-2030 investment plan clocks in at $36.5 billion, up from $30 billion it identified in its 2025-2029 outlook.
By Robert Walton • Feb. 17, 2026 -
Transmission drives Exelon’s capital spending plan to $41.3B
Exelon has a “line of sight” on $12 billion to $17 billion of transmission buildout over the next 10 years that isn’t included in its current capital plan, a company official said.
By Ethan Howland • Feb. 13, 2026 -
AEP contracted large load pipeline doubles to 56 GW
American Electric Power’s data center pipeline in Texas surged to 36 GW by the end of December, from 13 GW in the third quarter.
By Ethan Howland • Feb. 13, 2026 -
At $103B, Duke claims largest spending plan of any regulated US utility
The company is already deploying more than $1 billion in capital every month, CEO Harry Sideris said. Its North Carolina utility has a rate case pending.
By Emma Penrod • Feb. 12, 2026 -
Sponsored by IEEE Power & Energy Society
Top 2026 events for engineers
Stay ahead of the curve and don't miss out on the leading 2026 events for power and electrical engineers and professionals.
Feb. 9, 2026 -
Consumers Energy plans over $17B in capital spending in next 5 years
Executives did not provide a substantive update on the DOE’s “emergency” orders to continue running a 1.6-GW coal plant the company had planned to retire, but they hinted that they would eventually shut it down to “drive cost savings.”
By Brian Martucci • Feb. 6, 2026 -
Xcel Energy pursuing large load tariffs in 4 states amid data center growth
The company expects to sign contracts on 6 GW of data centers by the end of 2027, CEO Bob Frenzel said. Xcel is partnering with NextEra Energy and GE Vernova to speed its development of new generation.
By Emma Penrod • Feb. 6, 2026 -
AI, ICE protests and karaoke: DistribuTECH comes to San Diego
“As an industry, we’ve gone from ‘Keep the lights on and stay out of the news,’ to now being the lead story for energy independence, national security and AI development,” said Del Misenheimer, GE Vernova’s VP and CEO of grid automation and software.
By Robert Walton • Feb. 4, 2026 -
TVA pursues 6.2 GW of new generation, citing data centers, population growth
Data center demand “climbed to 18% of our industrial load in 2025, and we are projecting data center growth to double in our region by 2030,” said CEO Don Moul.
By Diana DiGangi • Feb. 4, 2026 -
Tesla sets battery storage deployment record in Q4 as EV sales slump
Tesla CEO Elon Musk said “energy will have very high growth for as far into the future as we can imagine.”
By Brian Martucci • Feb. 3, 2026 -
2026 US power sector outlook
Read Utility Dive's road map to the year ahead for FERC, affordability, renewable energy, distributed energy resources and more.
By Meris Lutz • Jan. 30, 2026 -
GE Vernova Q4 gas turbine orders surge 74%
Wind turbine orders increased 8% in 2025 — mainly outside the U.S. — despite the Trump administration’s efforts to stifle offshore wind development.
By Brian Martucci • Jan. 30, 2026 -
NextEra bets on gas as data center pipeline remains steady at about 15 GW
The company touted gas supply and pipeline acquisitions. “We expect more gas-fired generation ... so having the ability to move molecules around the country is a critical skill set,” said CEO John Ketchum.
By Emma Penrod • Jan. 29, 2026 -
Sponsored by 1898 & Co.
Horizontal vs vertical AI solutions: ROI requires going deep, not wide
The transformative value and measurable ROI of AI come from the implementation of vertical AI.
Jan. 20, 2026 -
Talen in deal to buy 2.6 GW of gas plants in PJM for $3.5B
The announcement comes amid a surge in power sector consolidation, as generators jockey to meet growing demand from data centers and electrification efforts.
By Ethan Howland • Jan. 16, 2026 -
Judge grants (another) injunction to offshore developer amid Trump’s war on wind
Some analysts predicted a similar outcome on Jan. 16 in a separate case that would allow Dominion to continue construction on its 2.6-GW Coastal Virginia Offshore Wind project.
By Meris Lutz • Jan. 13, 2026 -
MISO selects AEP-Berkshire JV to build $1.2B, 765-kV transmission project
The Midcontinent Independent System Operator also tapped Viridon to build a $350 million project in Wisconsin on the strength of the developer’s cost containment commitments.
By Ethan Howland • Jan. 8, 2026