Corporate News
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Xcel Energy looks to limit wildfire liability, tariff impacts
Company leaders are calling for a federal solution to wildfire litigation as new theories emerge in cases against Xcel Energy in Colorado.
By Emma Penrod • April 28, 2025 -
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PG&E foresees ‘bright future’ with lower prices, higher demand
CEO Patti Poppe said the company expects new legislation to shore up California's wildfire insurance program this year.
By Emma Penrod • April 25, 2025 -
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TrendlineSustainability
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 -
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FirstEnergy faces minimal direct tariff impact, but ‘uncertainty’ weighs on customers: CEO
PJM states will play a key role in meeting resource needs, per FirstEnergy’s Brian Tierney. “It’s leadership by the governors in the states that are going to address this problem most directly," he said.
By Ethan Howland • April 25, 2025 -
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NextEra Energy CEO urges ‘energy pragmatism’ amid rising costs, demand
Plans for new natural gas generation could be harder hit by tariffs than solar or storage projects, CEO John Ketchum said.
By Emma Penrod • April 24, 2025 -
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DOE makes $46.7M loan disbursement to support Palisades nuclear restart
The 800-MW Palisades plant will be the United States’ first restart of a commercial nuclear reactor that ceased operations, the Department of Energy said.
By Robert Walton • April 23, 2025 -
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PacifiCorp aims to add 4.7 GW renewables, 1.7 GW storage by 2031
Given changing federal policies, the utility company may keep several coal-fired units operating longer than expected, according to its latest resource plan.
By Ethan Howland • April 2, 2025 -
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CenterPoint Energy completes $1.2B sale of Louisiana, Mississippi gas systems
The purchaser, private equity-backed Delta Utilities, says it also is “in the final stages” of acquiring Entergy's two regulated gas distribution companies in Louisiana.
By Robert Walton • April 2, 2025 -
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Moody’s upgrades PG&E on reduced credit risks from wildfires
“In the backdrop of the recent LA wildfires, we expect any legislative and regulatory actions resulting from the state's continued wildfire risk will remain supportive for utilities,” Moody's said.
By Ethan Howland • March 28, 2025 -
Courtesy of Span
Span unveils at-the-meter load control device for utilities
The SPAN Edge device will be used in a Pacific Gas & Electric residential customer virtual power plant this year.
By Ethan Howland • March 26, 2025 -
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Oklo reveals 75-MW reactor design, eyes late 2027 commercial deployment
A partnership with gas-fired “prime power” provider RPower will support “urgent” short-term needs for the advanced nuclear company’s data center customers, Oklo said Monday.
By Brian Martucci • March 26, 2025 -
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Ratepayer advocates urge FERC to reject proposed Constellation-Calpine deal
The Federal Energy Regulatory Commission should require measures to prevent Constellation from exercising market power if the deal goes forward, PJM's market monitor said.
By Ethan Howland • March 26, 2025 -
Courtesy of Renew Home
Renew Home to roll out new VPP features this summer
Renew Home will work with energy providers to incorporate up-to-date tariffs and grid or capacity constraints into an aggregated resource that can dispatch within five minutes, the company said.
By Brian Martucci • March 25, 2025 -
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Deep DiveSantee Cooper wants to sell its unfinished reactors. What happens next?
Completing V.C. Summer Units 2 and 3 could spark a “nuclear renaissance,” South Carolina Gov. Henry McMaster says, but questions remain on the project’s scope, timeline and cost.
By Brian Martucci • March 17, 2025 -
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Sponsored by OpenTextUnlocking efficiency across the utility asset lifecycle
Boost project and operational excellence with asset information management and an intelligent content assistant.
By Phil Schwarz • March 17, 2025 -
Courtesy of DSD Renewables
Perch Energy, Arcadia unit merge to form community solar joint venture
The combined venture will manage more than 3 GW of capacity across 16 states and is poised for additional organic and acquisition-driven growth, the companies said.
By Brian Martucci • March 11, 2025 -
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LA County sues Southern California Edison for Eaton Fire damages
Court documents allege “clear evidence” that the fire was caused by SCE, which LA County says failed to de-energize all of its equipment despite warnings of extreme wind.
By Emma Penrod • March 6, 2025 -
Courtesy of Golden Pass LNG
DOE approves LNG export permit extension for Golden Pass
The extension, for a project owned by QatarEnergy and ExxonMobil, is the third LNG-related decision DOE has issued since President Trump took office.
By Robert Walton • March 6, 2025 -
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US SMR deals remain elusive for NuScale
On a Monday earnings call, executives reported continued progress on NuScale’s Romania power project and U.S. regulatory engagement for its modified reactor design.
By Brian Martucci • March 5, 2025 -
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PPL’s Kentucky utilities propose 1.3 GW of gas, 400 MW of storage to meet data center load
The $3.7 billion plan comes as Kentucky Utilities and Louisville Gas and Electric expect their annual electric sales to jump nearly 50% by 2032.
By Ethan Howland • March 3, 2025 -
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Determining cause of Eaton fire could take 12-18 months, Edison International says
As the utility company continues its investigation into whether its equipment triggered the California blaze, executives say mounting litigation won’t impact the company’s balance sheet.
By Emma Penrod • March 3, 2025 -
Courtesy of Last Energy
Last Energy plans to deploy 600 MW of microreactors to power Texas data centers
The company is exploring front-of-the-meter and behind-the-meter options for a phased deployment that would eventually add 600 MW of nuclear capacity to the ERCOT grid.
By Brian Martucci • Feb. 28, 2025 -
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FirstEnergy’s 5-year data center pipeline doubles to 3 GW
FirstEnergy shares fell nearly 10.5% in trading on Thursday after the company effectively lowered its earnings outlook, according to Jefferies analysts.
By Ethan Howland • Feb. 28, 2025 -
PSE&G large load pipeline jumps to 4.7 GW as nuclear offtake talks continue: CEO LaRossa
At the same time, Ralph LaRossa said the future of PJM’s capacity market is unclear. “I don't know if there is a PJM market anymore,” he said Tuesday.
By Ethan Howland • Feb. 26, 2025 -
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Sempra announces $56B capital plan amid rapid Texas growth
The company plans to open an early rate case for Texas subsidiary Oncor to finance the five-year capital plan.
By Emma Penrod • Feb. 26, 2025 -
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EDF Renewables books $980M impairment from Atlantic Shores Offshore Wind
EDF’s partner Shell exited the Atlantic Shores joint venture earlier this month, booking a $1 billion impairment associated with the investment.
By Diana DiGangi • Feb. 25, 2025
