Corporate News


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    Courtesy of Panasonic Corp.
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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 Feb. 20, 2026
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    Justin Sullivan via Getty Images
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    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
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    Diana DiGangi/Utility Dive
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    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 Feb. 20, 2026
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    Courtesy of FirstEnergy
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    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 Feb. 19, 2026
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    Brandon Bell/Getty Images via Getty Images
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    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 Feb. 19, 2026
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    The image by Pacific Power is licensed under CC BY-ND 2.0
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    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 Feb. 18, 2026
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    Mario Tama via Getty Images
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    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
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    Gerville via Getty Images
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    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
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    Getty Images
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    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 Feb. 17, 2026
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    Getty Images
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    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 Feb. 13, 2026
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    Ron Jenkins via Getty Images
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    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 Feb. 13, 2026
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    Sean Rayford via Getty Images
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    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
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    Caught in the Moment Photography

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    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
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    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
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    Tasos Katopodis via Getty Images
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    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
  • Protestors at DistribuTECH in San Diego. They were protesting utility contracts with Palantir.
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    Robert Walton/Utility Dive
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    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 Feb. 4, 2026
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    Brett Carlsen via Getty Images
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    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 Feb. 4, 2026
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    Courtesy of Tesla, Inc.
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    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
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    Brandon Bell via Getty Images
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    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 Jan. 30, 2026
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    Courtesy of GE Vernova
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    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
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    Permission granted by 1898 & Co.
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    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
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    The image by Acroterion is licensed under CC BY-SA 4.0
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    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 Jan. 16, 2026
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    Courtesy of Mott MacDonald
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    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 Jan. 13, 2026
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    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 Jan. 8, 2026