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September 5, 2024

Company News

Duke Energy
Duke Highlights Renewable Efforts in Q2 Call
Duke Energy touted its ongoing “clean energy transformation” through its five-year, $59 billion growth capital plan during the company’s second-quarter earnings call.
U.S. Forest Service/Lassen Natio
California PUC Orders Independent Safety Monitor for PG&E
California regulators ordered PG&E to hire an independent safety monitor for five years, rejecting the utility’s request for a shorter period of oversight.
Tri-State G&T
FERC Approves Tri-State’s 1st Major Rate Case
FERC has approved Tri-State's first major rate case since it became commission-jurisdictional, but member exit fees are still an issue.
OGE
Utilities Still Dealing with Feb. Storm Aftermath
Vistra's CEO said the company's gas resources will find a home when ERCOT redesigns its market in response to the February winter storm.
U.S. Forest Service/Lassen Natio
Dixie Fire Explodes, Burns Historic Town
A massive wildfire that Pacific Gas and Electric equipment is suspected of causing exploded overnight and destroyed the historic gold rush town of Greenville.
PPL
PPL Announces Net-zero Goal by 2050 in Q2 Call
PPL announced a new goal to reach net-zero carbon emissions by 2050, bumping up its original timeline by a decade.
NRC
Exelon CEO: Looming Nuclear Plant Closures will be ‘Irreversible’
Exelon said its Byron and Dresden nuclear plants are likely to close because of slow progress on federal and state legislation that would rescue them.
ETI
Entergy Takes Q2 Loss with Indian Point Sale
Entergy took a $340 million hit to its earnings during the second quarter when it closed its sale of Indian Point Energy Center to Holtec International.
Shutterstock
PSEG Close to Fossil Asset Sale
PSEG said it expects to be out of the fossil fuel business by the first quarter of next year and is considering investing in another offshore wind project.
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Eversource Focuses on Connecticut amid Appeal of Penalties
Eversource says improving its relationship with Connecticut policymakers and ratepayers is a “top priority” even as it appeals a state-imposed penalty.

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