Corporate News: Page 2


  • A wind farm near a parched field.
    Image attribution tooltip
    The image by Pacific Power is licensed under CC BY-ND 2.0
    Image attribution tooltip

    PGE in $1.9B deal to buy PacifiCorp’s Washington utility operations

    The deal could yield system resilience, transmission and clean energy investment opportunities as well as new large load customers, Portland General Electric officials said.

    By Feb. 18, 2026
  • An aerial view of a city.
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    Entergy sees traditional and high-tech industrials driving sales growth

    The New Orleans-based company’s five regional utilities expect 8% annual sales growth through 2029 as data centers and new heavy industrial projects come online.

    By Brian Martucci • Feb. 17, 2026
  • Service technicians work to install transmission towers. Explore the Trendline
    Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip
    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
  • Karman Industries, HPU, carbon-dioxide data center cooling
    Image attribution tooltip
    Gerville via Getty Images
    Image attribution tooltip

    Data center growth has helped PG&E cut rates 11% since 2024, CEO says

    But California's “regressive” wildfire policies have become a burden for ratepayers, CEO Patti Poppe said.

    By Emma Penrod • Feb. 17, 2026
  • Detroit, Michigan, USA downtown skyline from above at dusk.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    DTE Energy’s 5-year spending plan jumps 20% on data center, reliability investments

    The company's 2026-2030 investment plan clocks in at $36.5 billion, up from $30 billion it identified in its 2025-2029 outlook.

    By Feb. 17, 2026
  • Rows of electric power lines run through a wooded area.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Transmission drives Exelon’s capital spending plan to $41.3B

    Exelon has a “line of sight” on $12 billion to $17 billion of transmission buildout over the next 10 years that isn’t included in its current capital plan, a company official said.

    By Feb. 13, 2026
  • People sit around in front storage tanks with a Google logo.
    Image attribution tooltip
    Ron Jenkins via Getty Images
    Image attribution tooltip

    AEP contracted large load pipeline doubles to 56 GW

    American Electric Power’s data center pipeline in Texas surged to 36 GW by the end of December, from 13 GW in the third quarter.

    By Feb. 13, 2026
  • A person surveys storm damage in front of a utility truck.
    Image attribution tooltip
    Sean Rayford via Getty Images
    Image attribution tooltip

    At $103B, Duke claims largest spending plan of any regulated US utility

    The company is already deploying more than $1 billion in capital every month, CEO Harry Sideris said. Its North Carolina utility has a rate case pending.

    By Emma Penrod • Feb. 12, 2026
  • Attendees of an event posing for a picture.
    Image attribution tooltip

    Caught in the Moment Photography

    Image attribution tooltip
    Sponsored by IEEE Power & Energy Society

    Top 2026 events for engineers

    Stay ahead of the curve and don't miss out on the leading 2026 events for power and electrical engineers and professionals.

    Feb. 9, 2026
  • A power plant sites next to a river.
    Image attribution tooltip
    Permission granted by Consumers Energy
    Image attribution tooltip

    Consumers Energy plans over $17B in capital spending in next 5 years

    Executives did not provide a substantive update on the DOE’s “emergency” orders to continue running a 1.6-GW coal plant the company had planned to retire, but they hinted that they would eventually shut it down to “drive cost savings.”

    By Brian Martucci • Feb. 6, 2026
  • Tim McDonnell of Semafor, left, and Bob Frenzel, chairman, president and CEO of Xcel Energy, right, speak on stage
    Image attribution tooltip
    Tasos Katopodis via Getty Images
    Image attribution tooltip

    Xcel Energy pursuing large load tariffs in 4 states amid data center growth

    The company expects to sign contracts on 6 GW of data centers by the end of 2027, CEO Bob Frenzel said. Xcel is partnering with NextEra Energy and GE Vernova to speed its development of new generation.

    By Emma Penrod • Feb. 6, 2026
  • Protestors at DistribuTECH in San Diego. They were protesting utility contracts with Palantir.
    Image attribution tooltip
    Robert Walton/Utility Dive
    Image attribution tooltip

    AI, ICE protests and karaoke: DistribuTECH comes to San Diego

    “As an industry, we’ve gone from ‘Keep the lights on and stay out of the news,’ to now being the lead story for energy independence, national security and AI development,” said Del Misenheimer, GE Vernova’s VP and CEO of grid automation and software.

    By Feb. 4, 2026
  • Fallen branches and trees lay across roadways and utility lines during a winter storm.
    Image attribution tooltip
    Brett Carlsen via Getty Images
    Image attribution tooltip

    TVA pursues 6.2 GW of new generation, citing data centers, population growth

    Data center demand “climbed to 18% of our industrial load in 2025, and we are projecting data center growth to double in our region by 2030,” said CEO Don Moul.

    By Feb. 4, 2026
  • aerial shot of Tesla's gigafactory in Texas
    Image attribution tooltip
    Courtesy of Tesla, Inc.
    Image attribution tooltip

    Tesla sets battery storage deployment record in Q4 as EV sales slump

    Tesla CEO Elon Musk said “energy will have very high growth for as far into the future as we can imagine.”

    By Brian Martucci • Feb. 3, 2026
  • Transmission towers
    Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip

    2026 US power sector outlook

    Read Utility Dive's road map to the year ahead for FERC, affordability, renewable energy, distributed energy resources and more. 

    By Jan. 30, 2026
  • A gas-fired power plant.
    Image attribution tooltip
    Courtesy of GE Vernova
    Image attribution tooltip

    GE Vernova Q4 gas turbine orders surge 74%

    Wind turbine orders increased 8% in 2025 — mainly outside the U.S. — despite the Trump administration’s efforts to stifle offshore wind development.

    By Brian Martucci • Jan. 30, 2026
  • NextEra bets on gas as data center pipeline remains steady at about 15 GW

    The company touted gas supply and pipeline acquisitions. “We expect more gas-fired generation ... so having the ability to move molecules around the country is a critical skill set,” said CEO John Ketchum.

    By Emma Penrod • Jan. 29, 2026
  • A construction working standing with folding hands
    Image attribution tooltip
    Permission granted by 1898 & Co.
    Image attribution tooltip
    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
  • A power plant with smoke stacks at the edge of a river.
    Image attribution tooltip
    The image by Acroterion is licensed under CC BY-SA 4.0
    Image attribution tooltip

    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 Jan. 16, 2026
  • WInd turbines stand in dark blue water.
    Image attribution tooltip
    Courtesy of Mott MacDonald
    Image attribution tooltip

    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 Jan. 13, 2026
  • Transmission lines run through a field.
    Image attribution tooltip Image attribution tooltip

    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 Jan. 8, 2026
  • A young woman looks at the electricity bill
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    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
  • An outdoor petroleum facility.
    Image attribution tooltip
    Courtesy of ExxonMobil
    Image attribution tooltip

    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
  • Image attribution tooltip
    Sean Rayford via Getty Images
    Image attribution tooltip

    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 Jan. 7, 2026
  • A natural gas plant is seen lit up and emitting steam at sunset.
    Image attribution tooltip
    Diana DiGangi/Utility Dive
    Image attribution tooltip

    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 Jan. 6, 2026
  • A round building with a large G and more buildings behind a U.S. and a Texas flag.
    Image attribution tooltip
    Ron Jenkins via Getty Images
    Image attribution tooltip

    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