Corporate News
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Exelon data center pipeline jumps to 17 GW as load forecast turns positive
CEO Calvin Butler called for new approaches to ensuring the PJM Interconnection has adequate power supplies. “A variety of solutions across regulated and merchant participants is necessary,” he said.
By Ethan Howland • Feb. 13, 2025 -
Deep Dive
Transformer supply bottleneck threatens power system stability as load grows
Electric transformers are critical to managing power system reliability. Solutions to the bottleneck are emerging, but long wait times remain.
By Herman K. Trabish • Feb. 12, 2025 -
Explore the Trendline➔
Kevork Djansezian via Getty ImagesTrendlineSustainability
Companies are pursuing increasingly ambitous sustainability goals around clean energy, but integrating rising amounts of renewables, minimizing environmental impacts, and achieving carbon reduction targets can be challenging.
By Utility Dive staff -
Eaton invests $340M in US transformer production
The company said it aims to help address the ongoing transformer shortage and meet record demand from utility, large commercial, industrial and data center customers.
By Diana DiGangi • Feb. 12, 2025 -
Southern California Edison investigates ties to California’s Eaton, Hurst wildfires
While the cause of the Eaton fire remains unclear, the company says its equipment may have been associated with the ignition of the smaller Hurst fire.
By Emma Penrod • Feb. 10, 2025 -
Xcel execs say Chinese tariffs, Trump uncertainty unlikely to affect renewables plans
The company missed fourth quarter earnings projections but said it remains optimistic for 2025.
By Emma Penrod • Feb. 7, 2025 -
Where Trump officials stand on renewable natural gas
Newly confirmed agency heads have committed to working with Congress on biofuels, though some supportive federal programs may be at risk. Meanwhile, companies like Waga Energy and BerQ RNG are growing their portfolios.
By Jacob Wallace • Feb. 4, 2025 -
Community solar agreement aims to cut electricity costs, emissions across 31 Illinois fast food outlets
The Perch Energy subscriptions will give All Star Management’s Wendy’s and McDonald’s franchise locations a 10% discount on their electricity bills, the companies said.
By Brian Martucci • Feb. 4, 2025 -
China responds to Trump with added tariffs, including on coal, LNG
The new duties are set to take effect Feb. 10 and cover some car, equipment and energy imports.
By Max Garland • Feb. 4, 2025 -
Sponsored by PowerPlan
WGL prepares for future corporate tax rate changes
“We expect tax rate changes in the next 12 months, and with TFA, we’re more than prepared to handle that challenge.”
Feb. 3, 2025 -
2025 US power sector outlook
The second Trump administration has ramped up energy transition uncertainty. Meanwhile, electricity demand from data centers and electrification continues to grow, and the resource mix is changing.
By Utility Dive staff • Jan. 31, 2025 -
Tesla storage deployments more than double to 31.4 GWh in 2024
Tesla expects its battery storage installations will jump at least 50% this year.
By Ethan Howland • Jan. 30, 2025 -
Generator, advanced nuclear stocks reel as low-cost DeepSeek chills AI load growth outlook
Among the hardest hit were companies with large existing gas and nuclear fleets, along with advanced nuclear technology providers expected to benefit from rising demand for firm power.
By Brian Martucci • Jan. 28, 2025 -
Calpine to sell 3.5 GW in PJM to avoid market power concerns from Constellation merger
Calpine plans to sell four “valuable” power plants in the PJM Interconnection’s eastern region through a solicitation process, the company told FERC.
By Ethan Howland • Jan. 28, 2025 -
NextEra partners with GE Vernova to build ‘gigawatts’ of gas generation
Behind-the-meter gas generation remains a novel concept, but NextEra sees potential for “large load customers,” company executives say.
By Emma Penrod • Jan. 27, 2025 -
BlackRock leaves net zero alliance as Wall Street runs from climate groups
The nation’s largest investment manager is leaving the Net Zero Asset Managers initiative, joining a broader financial institution exodus from high-profile climate alliances.
By Lamar Johnson • Jan. 13, 2025 -
AEP to sell stake in transmission companies to KKR-PSP consortium for $2.8B
American Electric Power plans to use proceeds from the sale of 19.9% of AEP Ohio Transmission and AEP Indiana Michigan Transmission for its five-year, $54 billion capital spending plan.
By Ethan Howland • Jan. 10, 2025 -
Fervo Energy nabs $255M to deploy carbon-free geothermal power
The Houston-headquartered energy company said the new funding would help it deploy geothermal energy to meet the “skyrocketing demand for clean, firm power.”
By Zoya Mirza • Jan. 9, 2025 -
Toyota Motor North America lands $4.5M DOE grant for EV battery recycling
As end-of-life and battery scrap volumes increase from rising global EV adoption, a new approach is needed to extend the useful life of many standard battery pack components, researchers said.
By Larry Avila • Jan. 7, 2025 -
BMW shores up EV rare earth materials source
The automaker’s private equity firm invested in mining startup Phoenix Tailings, which is building a New Hampshire plant expected to begin production in June.
By Larry Avila • Jan. 7, 2025 -
Virginia to get world’s first commercial fusion power plant
Commonwealth Fusion Systems announced it will build the multibillion-dollar project in Chesterfield County.
By Zachary Phillips • Jan. 7, 2025 -
Retrieved from Idaho National Laboratory.
Texas, Utah, Last Energy challenge NRC’s ‘overburdensome’ microreactor regulations
The Nuclear Regulatory Commission’s “incredibly costly” licensing process hinders the U.S. nuclear industry, the two states and nuclear developer said in a federal lawsuit filed Dec. 30 in Texas.
By Brian Martucci • Jan. 6, 2025 -
Constellation NewEnergy, GSA ink $840M deal for emissions-free power to federal facilities
The procurement agreement will involve supplying over 1 million MWh of electricity each year over the course of a 10-year contract, Constellation said.
By Nish Amarnath • Jan. 3, 2025 -
Con Edison, O&R issue 310-MW energy storage RFP with eye to longer-duration batteries
The solicitation follows a state order for Con Edison to procure at least 300 MW of energy storage and Orange & Rockland Utilities to procure at least 10 MW.
By Brian Martucci • Jan. 2, 2025 -
Qcells finalizes $1.5B DOE loan guarantee for Georgia solar plant
The plant began some production last spring, with plans to start full operations in 2025.
By Joelle Anselmo • Jan. 2, 2025 -
GM, ChargePoint partner to deploy 500 ultra-fast EV chargers
The chargers will support electric vehicles equipped with either CCS or NACS charging ports without the need for an adapter.
By Eric Walz • Dec. 19, 2024