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September 5, 2024

Company News

Xcel Energy
Xcel Increasing Pace of Decarbonization Effort
Xcel is accelerating its transition away from fossil-fueled resources by proposing to add about 10 GW of renewables in Minnesota and Colorado.
U.S. Forest Service/Lassen Natio
PG&E Faces New Criminal Charges, Wildfire Liability
PG&E said the Dixie Fire burning in Northern California could hurt its finances but denied it committed crimes in starting last year’s deadly Zogg Fire.
DTE Energy
DTE CEO Hints at Accelerating Coal Plant Closures
DTE Energy's CEO indicated that the utility is looking at how to accelerate coal plant closures during a second quarter earnings call.
SEPA
Collaboration, Cultural Shift Key to Utility Transformation
Decarbonizing the U.S. grid will also mean overcoming communities’ aesthetic objections to large projects, Seattle City Light CEO Debra Smith told SEPA.
FirstEnergy
FirstEnergy to Sell Shares of Assets to Boost Equity
FirstEnergy expects to sell interests in its distribution or transmission assets to raise capital following the Ohio House Bill 6 scandal.
© RTO Insider LLC
NextEra Energy Bullish on Future Tx Investments
NextEra Energy stressed importance of new transmission and support of RTOs during its second-quarter earnings call with financial analysts.
WKYC Channel 3
DOJ Orders $230 Million Fine for FirstEnergy
FirstEnergy has agreed to pay a fine for its role in the H.B. 6 scandal, which federal prosecutors described as the largest bribery scandal in Ohio history.
Avangrid
Avangrid CEO Says Park City Wind Pushed Back to 2026
Avangrid said it expects the Park City offshore wind project to begin commercial operations in 2026 instead of the 2025 date it previously announced.
PG&E
PG&E Proposes Undergrounding 10K Miles of Distribution
PG&E proposed burying 10,000 miles of distribution lines underground in high-threat fire areas of California.
National Weather Service/PG&E
PG&E Says Its Line May Have Started Dixie Fire
PG&E said one of its lines may have ignited the 30,000-acre Dixie Fire burning northeast of Paradise, a town destroyed by a PG&E-caused fire three years ago.

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