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 Feb. 13, 2025
  • Transformers and power transmission lines at a power distribution yard August 18, 2003 in Des Plaines, Illinois.
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    (Photo by Tim Boyle/Getty Images) via Getty Images
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    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 Feb. 12, 2025
  • A picture of wind turbines in front of solar panels in Palm Springs, California. Explore the Trendline
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    Kevork Djansezian via Getty Images
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    Trendline

    Sustainability

    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
  • Three electrical transformers sitting on an elevated platform with electric wires crossing in a blue sky overhead.
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    Permission granted by Ethan Howland
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    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 Feb. 12, 2025
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    Mario Tama via Getty Images
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    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
  • A structure is set on Xcel Energy's Rush Creek transmission project in Colorado.
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    Courtesy of Xcel Energy
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    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
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    Kayla Bartkowski via Getty Images
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    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
  • Solar panel with the logos of Wendy's and McDonald's above.
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    Courtesy of Perch Energy
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    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
  • Symbolic of Sino-American relations, the flag of the United States of America and the flag of the Republic of China fly together on flag poles next to each other on a sunny, windy day.
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    Stock via Getty Images
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    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
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    Busa Photography via Getty Images
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    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
  • Transmission towers in fog at dawn.
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    Andrei Ksenzhuk via Getty Images
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    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
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    Courtesy of Tesla
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    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 Jan. 30, 2025
  • DeepSeek logo in front of China's flag.
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    Anthony Kwan/Getty Images via Getty Images
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    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
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    dlewis33 via Getty Images
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    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 Jan. 28, 2025
  • In an aerial view, the IAD71 Amazon Web Services data center is shown on July 17, 2024 in Ashburn, Virginia.
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    Nathan Howard/Getty Images via Getty Images
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    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
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    Andrew Burton via Getty Images
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    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
  • High-voltage electric power lines run across a snowy field.
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    The image by Patrick Finnegan is licensed under CC BY 2.0
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    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 Jan. 10, 2025
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    David McNew via Getty Images
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    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
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    adventtr via Getty Images
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    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
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    Provided by BMW Group 

     

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    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
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    Courtesy of Commonwealth Fusion Systems
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    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
  • 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
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    Douglas Rissing via Getty Images
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    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
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    Adeline Kon/Utility Dive
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    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
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    Courtesy of Hanwha Group
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    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
  • A rendering of public EV charging station that General Motors and Chargepoint plan to build.
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    Courtesy of General Motors
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    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