Corporate News

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    Sempra to sell Mexican natural gas business to fund transmission expansion in Texas

    The sale of gas assets and a minority interest in Sempra Infrastructure would reduce the company's need to issue new common stock to fund its $56 billion capital plan, CEO Jeff Martin said.

    By Emma Penrod • May 9, 2025
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    yangphoto via Getty Images
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    Sponsored by Madison Energy Infrastructure

    From risk to resilience: Energy as a competitive edge

    Changes in global energy create risks for businesses, but also a chance to secure a competitive edge

    By Alistair Berven • May 5, 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
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    Mario Tama via Getty Images
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    Southern California Edison likely faces ‘material losses’ from Eaton Fire, CEO says

    The utility plans to tap California's wildfire insurance fund to pay off most of the potential damages, company leaders said.

    By Emma Penrod • May 2, 2025
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    Exelon data center pipeline doubles to 36 GW since year-end

    However, Exelon faces economic uncertainty “as we all navigate updated tariff policies, federal budget reprioritization and increased energy supply costs,” CEO Calvin Butler said.

    By • May 2, 2025
  • Steam billows from a massive cement smokestack at a nuclear power plant at the edge of the water.
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    The image by Peretzp is licensed under CC BY-SA 3.0
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    PSE&G open to utility-owned generation to tackle supply needs: CEO LaRossa

    In the near term, New Jersey’s largest utility is eyeing options to help customers afford their electricity bills, which are poised to jump 17%, Ralph LaRossa said.

    By • May 1, 2025
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    David Parsons via Getty Images
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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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    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 • April 25, 2025
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    Creative via Getty Images
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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 • April 23, 2025
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    David Crane via Getty Images
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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 • 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 • April 2, 2025
  • A forest fire burns under a high voltage transmission line in California.
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    My Photo Buddy via Getty Images
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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 • March 28, 2025
  • A SPAN Edge device attached to an electricity meter on the side of a house.
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    Courtesy of Span
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    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 • 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
  • Two cooling towers at Constellation Energy's 2,300-MW Limerick nuclear power plant in Pottstown, Pennsylvania.
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    aimintang via Getty Images
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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 • March 26, 2025
  • A map of the U.S. showing Renew Home's managed load.
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    Courtesy of Renew Home
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    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
  • Unit 1 reactor containment and a steam turbine building at the V.C. Summer Nuclear Generating Station in Jenkinsville, South Carolina.
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    The image by DJSlawSlaw is licensed under CC BY-SA 3.0
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    Deep Dive

    Santee 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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    Permission granted by Grok
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    Sponsored by OpenText

    Unlocking 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
  • A New York solar project managed by Perch Energy.
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    Courtesy of DSD Renewables
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    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
  • An aerial view of a burned-out neighborhood with mountains in the background.
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    Mario Tama via Getty Images
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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
  • The Golden Pass LNG project under construction near Sabine Pass, Texas.
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    Courtesy of Golden Pass LNG
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    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 • 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
  • A man looks at data center wiring in a large warehouse.
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    halbergman via Getty Images
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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 • March 3, 2025
  • An aerial view of a burned-out neighborhood with mountains in the background.
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    Mario Tama via Getty Images
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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