Corporate News


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    Win McNamee via Getty Images
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    Virginia governor seeks 6-year rate freeze if Dominion-NextEra merger is approved

    Gov. Abigail Spanberger, D, also wants regulators to increase the debt share of Dominion’s capital structure from 48% to 60% to lower its rate of return. Separately, regulatory staff and the attorney general have proposed their own conditions for the deal.

    By Charles Paullin • Oct. 20, 2026
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    Courtesy of LS Power
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    Q&A

    LS Power COO sees sweeping power sector investing needs: gas, renewables, transmission and more

    “The demand growth we're experiencing today is real,” LS Power’s Darpan Kapadia said. “The supply side is going to take time to catch up, and the markets are screaming that.”

    By • Oct. 20, 2026
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    Joe Raedle via Getty Images
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    Trendline

    Top 5 Stories from Utility Dive

    Power demand is rising amid dramatic shifts in federal energy policy, but technology and markets continue to push the grid toward cleaner, more distributed resources. 

    By Utility Dive staff
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    The image by FirstEnergy is licensed under CC BY-ND 2.0
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    Grid equipment manufacturer ABB sees US orders rise 82%

    “Utilities continue to invest in refurbishment and build-out of the electrical grid to secure power availability and efficiency,” the company said Tuesday.

    By • Oct. 20, 2026
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    Courtesy of Schneider Electric
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    Schneider Electric sees record-high Q3 revenue on global data center boom

    North America continues to be the largest source of revenue for the company’s energy management segment, but China and East Asia saw a higher organic growth rate this quarter and year to date.

    By • Oct. 19, 2026
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    Eric Lee/Getty Images via Getty Images
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    NextEra’s $4M Trump ballroom donation muddies Dominion merger debate, watchdogs say

    The donation, which advocates called “problematic” and “convenient” for the company, comes to light as federal regulators chosen by President Donald Trump consider whether to allow NextEra to merge with Dominion Energy.

    By , • Oct. 16, 2026
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    Courtesy of Mainspring Energy
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    AEP in deal to buy up to 1.6 GW of Mainspring linear generators

    Separately, American Electric Power expects to spend about $4 billion on a 702-MW Bloom Energy fuel cell project in Wyoming that is under contract to Google.

    By • Oct. 15, 2026
  • FirstEnergy's 1,100-MW coal-fired Fort Martin power plant in Maidsville, West Virginia, along the Monongahela River.
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    Getty Images
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    US electric, gas utility rate requests spike to $4.5B in Q3: PowerLines

    The cumulative value of third quarter rate requests more than doubled from the third quarter of 2025, according to a report from the advocacy group.  

    By • Oct. 9, 2026
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    Courtesy of Dominion Energy
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    Virginia regulators approve Dominion’s fuel cost recovery, securitization

    The Virginia State Corporation Commission approved fuel cost securitization for the second time since 2023, adding additional interest costs for customers.

    By Charles Paullin • Oct. 7, 2026
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    Alamy
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    Smart thermostat aggregator rebrands, launches ‘whole-home’ virtual power plant

    Renew Home is now Everyday Electric. CEO Ben Brown told Utility Dive its flagship Everyday VPP can reduce the need for new centralized generation and mitigate costs for all ratepayers.

    By Brian Martucci • Oct. 7, 2026
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    Melissa Sue Gerrits via Getty Images
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    Top electric power sector and utility conferences in 2027

    Utility Dive’s curated list of notable events where energy professionals will gather to exchange ideas, demonstrate novel approaches and network for a new era of grid modernization.

    By • Oct. 6, 2026
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    Zach Gibson / Stringer via Getty Images
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    Virginia hearing examiner tells Dominion to release memo on FPL investigation

    Dominion said the memo wasn’t relevant to its merger with NextEra Energy, but Clean Virginia, a customer advocacy group, said it speaks to the governance “fitness” of the potential combined company.

    By Charles Paullin • Oct. 5, 2026
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    Rick Loomis via Getty Images
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    Climavision offers expanded weather forecasting to data centers

    The company says it can help large loads better respond to changing weather conditions as data centers are asked to play a more active role in grid management.

    By Charles Paullin • Sept. 16, 2026
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    Mario Tama via Getty Images
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    Investment tax credit glut gives corporate buyers more leverage, report says

    More clean energy tax credits are hitting the market. Credits tied to electricity production are holding their value, while investment tax credits based on the cost of building face price pressure as buyers weigh uncertainty over new federal rules.

    By Marlene Wilden • Sept. 16, 2026
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    John Moore via Getty Images
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    Blackstone-TXNM deal faces fresh questions from New Mexico DOJ

    TXNM unwound a Blackstone stock sale ruled illegal, but the state Department of Justice is seeking more information related to potential indirect costs to PNM ratepayers.

    By Marlene Wilden • Sept. 14, 2026
  • A photo from above showing construction of Fervo Energy's Cape Station geothermal project in Beaver County, Utah.
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    Courtesy of Fervo Energy
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    Fervo-Google geothermal deal underscores baseload power scarcity, analysts say

    Key risks remain, however, including “first-of-a-kind execution,” interconnection bottlenecks, capital intensity and competing technology paths, according to a research note from financial services company William Blair.

    By • Sept. 2, 2026
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    Courtesy of Harbert Management Corporation
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    Harbert acquires cogenerating heat, power plant in Georgia

    In addition to acting as a peaker plant for Georgia Power under a long-term power purchase agreement, Mid-Georgia Cogen also supplies thermal output to an adjacent Frito-Lay manufacturing facility for frying and cooking food.

    By • Aug. 26, 2026
  • Commonwealth Fusion Systems is building a fusion reactor in Devon, Mass.
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    Permission granted by Commonwealth Fusion Systems
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    Commonwealth Fusion Systems aims to complete demonstration reactor with $1B funding round

    CEO Bob Mumgaard said the reactor, SPARC, is now “about 80% complete.” Experts remain divided over how soon they believe fusion technology could be commercialized.

    By • Aug. 24, 2026
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    iStock.com/ArtistGNDphotography and Photoshop

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    Sponsored by SEW.AI

    People + Vertical AI: The new operating model for energy and utilities

    People + Vertical AI is redefining how utilities scale human expertise, intelligence and impact.

    Aug. 24, 2026
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    Courtesy of Hyundai Motor Group
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    Hyundai unifies vehicle V2X capabilities with AllDayEnergy entity

    The global service signals a consistent energy management experience across Hyundai, Kia and Genesis EVs, and better use of bidirectional charging functionality. 

    By Bengt Halvorson • Aug. 18, 2026
  • US President Donald Trump stands on stage while people around him applaud. The word "protection" can be seen behind him.
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    Kevin Dietsch via Getty Images
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    2026 Q2 roundup: Utilities emphasize project execution and ratepayer protections

    Executives tried to show they can secure the equipment needed to meet rising demand without shifting costs to existing customers as politicians take aim at data centers ahead of the midterm elections.

    By • Aug. 17, 2026
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    Brandon Bell via Getty Images
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    WSP capitalizes on surging US power infrastructure construction

    Power now accounts for as much as 40% of the company’s revenue, CEO Alexandre L’Heureux said during a second-quarter earnings call.

    By Keith Loria • Aug. 14, 2026
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    Permission granted by Esme Howland
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    FERC approves TransAlta, PowerTransitions gas-fired power plant deals

    PowerTransitions aims to buy a 1.2-GW power plant in New York for an “energy campus.” TransAlta intends to buy two power plants in Colorado totaling about 319 MW.

    By • Aug. 14, 2026
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    Courtesy of Mitsubishi Heavy Industries
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    Mitsubishi’s large-frame gas turbine backlog reaches 35 GW

    The company plans to double its manufacturing capacity as it continues to see a “strong supply-demand environment” for gas turbines in the U.S., CFO Hiroshi Nishio said.

    By Emma Penrod • Aug. 13, 2026
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    Spencer Platt via Getty Images
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    ConEd plans 28 new substations by 2035

    The New York-based utility company is pursuing growth through electrification, in alignment with city and state climate policies, it said last week.

    By Brian Martucci • Aug. 12, 2026
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    Brandon Bell/Getty Images via Getty Images
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    Opinion

    The US infrastructure buildout needs more than capital

    The country is not short on infrastructure ambition; what it risks running short on is orchestration, writes Daryl Walcroft, PwC's capital projects and infrastructure leader.

    By Daryl Walcroft • Aug. 11, 2026