Corporate News


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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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    wolv via Getty Images
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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 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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    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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    Permission granted by Oklo
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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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    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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    Permission granted by NuScale Power, LLC
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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
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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
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    Courtesy of Last Energy
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    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
  • Construction of Microsoft Azure data center campus progresses in Leesburg, Virginia, on Aug. 16, 2024.
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    Gerville via Getty Images
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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 Feb. 28, 2025
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    The image by Peretz Partensky is licensed under CC BY 2.0
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    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 Feb. 26, 2025
  • Industrial background group silhouette of transmission towers (or power tower, electricity pylon, steel lattice tower) at suburb area in Texas, USA.
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    Trong Nguyen via Getty Images
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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
  • Two offshore wind turbines on the sea with a sunrise on the horizon.
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    Ian Dyball via Getty Images
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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 Feb. 25, 2025
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    JulPo via Getty Images
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    Schneider Electric books strong 2024 revenue, earnings growth amid data center boom

    DeepSeek’s more computing-efficient AI models have not affected hyperscalers’ expansion plans, but U.S. trade policy bears watching, company executives say. 

    By Brian Martucci • Feb. 24, 2025
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    alacatr via Getty Images
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    Torus, Rocky Mountain Power sign MOU for 70-MW C&I demand response capability

    The agreement could add a major commercial and industrial component to RMP’s Wattsmart Battery program, hailed by the Energy Department as one of the country’s most sophisticated virtual power plants.

    By Brian Martucci • Feb. 21, 2025
  • Two technicians wearing yellow vests walking past racks of electronic equipment in a data center for cryptocurrency mining.
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    halbergman via Getty Images
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    AEP expects electric sales to jump 8.6% annually over 3 years

    American Electric Power is in the early permitting phase for small modular reactors in Indiana and Virginia as data centers and industrial facilities drive demand for power.

    By Feb. 18, 2025
  • A man watches the flames from the Palisades Fire burning homes on the Pacific Coast Highway amid a powerful windstorm on Jan. 8, 2025 in Los Angeles, California.
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    Apu Gomes/Getty Images via Getty Images
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    PG&E tries to reassure investors amid growing wildfire concerns

    Significant improvement in the company's credit rating may not be possible in the near term, company officials said Thursday. The utility wants California to expand its public wildfire insurance fund.

    By Emma Penrod • Feb. 18, 2025
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    Gerville via Getty Images
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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