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September 3, 2024

Company News

Hawaiian Electric
HECO Pilot to Fund EV Chargers at Commercial Buildings
HECO said last week that it is accepting applications for a three-year pilot program aimed at reducing upfront installation costs for EV charging stations.
DTE Energy
DTE Energy Pledges Fast-tracked Energy Transition
DTE Energy executives promised a more aggressive clean energy transition during a third quarter earnings call.
FirstEnergy
FirstEnergy Q3 Adjusted Earnings at Top of Guidance
FirstEnergy reported that power deliveries for Q3 were flat, with an uptick in industrial demand offsetting a decline in residential and commercial demand.
U.S. Forest Service
PG&E Faces $255M in New Wildfire Fines, Costs
PG&E said in a Q3 earnings call it faces $100 million in costs from this year's Mosquito Fire, plus a $155 million fine for the deadly Zogg Fire in 2020.
TransAlta
FERC Clarifies When Board Appointees Make Companies Affiliates
FERC ruled that it will deem companies it regulates as affiliates if one nominates its own members, investors or employees to another’s board of directors.
Plug Power
Plug Power: Would-be ‘Category King’ of $10T Global Hydrogen Market
The emerging producer of fuel cells, electrolyzers and green hydrogen may have a Wall Street credibility problem.
Sunrun
Sunrun’s Virtual Plant Sees Success in ISO-NE Capacity Market
Sunrun is calling its first year in the ISO-NE capacity market a success after sending more than 1.8 GWh of energy back to the New England grid.
Cal Fire/Butte County District Attorney
PG&E Slow to Replace Old Equipment, Monitor Says
The independent monitor hired by the state to keep tabs on PG&E's safety efforts said aged infrastructure and supply chain delays are impeding fire prevention.
Air Products
Air Products Plans $500M Hydrogen Plant in NY
Air Products plans to spend about $500 million to build a plant in New York that would produce 35 metric tons of liquid hydrogen a day for use as vehicle fuel.
Duke Energy
Duke Energy Estimates Net-zero Push at $145B in Next Decade
Duke Energy estimated the cost of its clean energy transition plans at $145 billion over the next decade, $10 billion more than its previous 10-year plan.

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