Corporate News
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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 -
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 -
Opinion
The next-gen retail energy mix: Aligning supply portfolios with customer expectations
Retail energy providers must move beyond managing kilowatt-hours and toward orchestrating portfolios that reflect both the realities of modern supply and the values of modern customers, writes Tamara Grose of VertexOne.
By Tamara Grose • Jan. 7, 2026 -
US manufacturing activity in December was the lowest in 2025: PMI
Weak demand and tariff effects are weighing on companies as the U.S.’ recent military operation in Venezuela adds more uncertainty to the mix.
By Nathan Owens • Jan. 7, 2026 -
Dominion seeks higher ROE, rate hike in South Carolina starting in July
Dominion Energy has proposed raising residential customer bills in South Carolina by about 12.7%. The utility is expecting electric demand to grow 1.2% annually for the next two decades.
By Robert Walton • Jan. 7, 2026 -
Vistra to buy Cogentrix Energy’s 5.5 GW of gas plants in $4B deal
Cogentrix is indirectly owned by Quantum Capital Group, which purchased it from Carlyle for $3 billion in 2024.
By Diana DiGangi • Jan. 6, 2026 -
Alphabet acquires clean energy developer Intersect for $4.75B
The acquisition follows a prior partnership between Google and Intersect and represents a new tactic the tech giant’s parent company is adopting in its decarbonization strategy.
By Lamar Johnson • Jan. 6, 2026 -
Energy industry dealmaking soared in 2025 on large utility, IPP mergers
The dollar value of energy industry mergers and acquisitions increased fivefold since 2024, driven by several large mergers that reshaped the utility and energy industries, according to PwC.
By Emma Penrod • Dec. 23, 2025 -
Texas sues Xcel over Panhandle fires
The state is asking for monetary compensation, as well as court orders preventing Xcel from recovering fire costs from customers and from marketing its equipment as safe.
By Emma Penrod • Updated Dec. 22, 2025 -
Manufacturers prefer price hikes over reshoring to combat tariff effects
A survey revealed 86% of manufacturers plan to pass on at least some of their cost increases. Raw material price increases averaged 5.4% for 2025 but are projected to see an overall increase of 4.4% in 2026.
By Shefali Kapadia • Dec. 18, 2025 -
SBTi opens pilot for power sector net-zero standard
The Science Based Targets initiative is looking for companies in the energy industry to test the practicality and usefulness of the draft framework.
By Lamar Johnson • Dec. 17, 2025 -
The week in 5 numbers: DOJ ramps up antitrust action, Texas’ grid growth may slow
Plus, the turbine backlog that isn’t going away.
By Meris Lutz • Dec. 12, 2025 -
GE Vernova expects to end 2025 with an 80-GW gas turbine backlog that stretches into 2029
CEO Scott Strazik said he expects gas turbine reservations to be sold out through 2030 by the end of 2026. Wind remains the weakest of the company’s three business lines.
By Brian Martucci • Dec. 11, 2025 -
Batteries to provide grid support in transmission-constrained Pacific Northwest: BrightNight
The 200-MW/800-MWh Greenwater Energy Storage Project near Tacoma, Washington, will help integrate renewables and alleviate grid congestion along the Interstate 5 corridor, its developer says.
By Brian Martucci • Dec. 9, 2025 -
NextEra aims to build up to 30 GW in data center power supply hubs by 2035
As part of that effort, NextEra Energy Resources and Basin Electric Power Cooperative are working on a 1.5-GW gas-fired project to serve data centers in North Dakota.
By Ethan Howland • Dec. 9, 2025 -
Corporate buyers have contracted for 20.4 GW of ‘clean’ energy so far this year: CEBA
Clean Energy Buyers Association members are willing to pay their “fair share” to get connected to the grid and have, in many cases, embraced a new class of large load tariffs, CEO Rich Powell said.
By Meris Lutz • Dec. 9, 2025 -
With antitrust settlement, Constellation set to become largest US wholesale power provider
The agreement is the first settlement consent decree the DOJ’s antitrust division has filed in an electricity merger in 14 years. It came days after the U.S. solicitor general urged the U.S. Supreme Court to allow a separate antitrust case against Duke Energy to proceed.
By Ethan Howland • Dec. 8, 2025 -
California issues enforcement advisory on climate disclosure law
The California Air Resources Board issued guidance on SB 261, which requires large companies to submit climate-related financial risk disclosures, after its implementation was halted by the Ninth Circuit last month.
By Zoya Mirza • Dec. 4, 2025 -
Opinion
Data centers are breaking the old grid. Let AI build the new one.
Utilities that embrace artificial intelligence will set reliability and affordability standards for decades to come, writes Hari Vasudevan, founder and CEO of KYRO AI.
By Hari Vasudevan • Nov. 26, 2025 -
Opinion
States must advance technology-neutral permitting to support clean energy
A competitive environment is necessary for rapid innovation and cost reduction as federal support evaporates, say Leila Banijamali and Zachary Millimet of Symbium.
By Leila Banijamali and Zachary Millimet • Nov. 25, 2025 -
NIPSCO to supply 3 GW to Amazon data centers in northern Indiana
Northern Indiana Public Service Co. and an affiliate expect to spend about $7 billion on 2.6 GW of gas, 400 MW of storage and transmission — to be paid for by Amazon.
By Ethan Howland • Nov. 25, 2025 -
Retrieved from US Nuclear Regulatory Commission.
Ohio PUC orders FirstEnergy utilities to pay $250.7M over HB 6 bribery scandal
The decision “closes a chapter tied to activities that do not represent the company we are today,” according to FirstEnergy, which has paid $390 million in other fines related to the scandal.
By Ethan Howland • Nov. 20, 2025 -
DOE loans Constellation $1B to restart Three Mile Island nuclear unit
The Baltimore-based company expects to spend about $1.6 billion — about $1,916 per kW — to restart the unit, possibly as soon as in 2027.
By Ethan Howland • Nov. 19, 2025