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September 1, 2024

Company News

Dominion Energy
Dominion Highlights Successful Offshore Wind Development on Q3 Call
Dominion Energy reported third quarter earnings and CEO Robert Blue discussed the firm's so-far successful development of an offshore wind project as others in the country face headwinds.
Delmarva Power & Light
Exelon Q3 Earnings Call Links Transmission Expansion to Rate Cases
"The energy transformation will last decades, not years, which is why we are confident that investment opportunities will continue to strengthen and lengthen our rate base growth,” CEO Calvin Butler said.
Duke Energy
Duke Earnings Slip on Low Demand, but Long-term Growth Expected
Duke Energy saw quarterly earnings slip due to low demand, but a growing economy and the transition to cleaner energy had its executives highlighting future growth opportunities on its earnings call Thursday.
South Fork Wind
UPDATED: Ørsted Cancels Ocean Wind, Suspends Skipjack

The world’s leading offshore wind developer has canceled two major U.S. projects and suspended work on a third but committed to building a fourth and trying to salvage a fifth.

PSEG
PSEG Reports Q3 Earnings, Infrastructure Investment Plans
PSEG reported an uptick in earnings from last summer and detailed its plans to spend more stable income going forward on improving its infrastructure in a call with analysts.
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Form Energy Wants to Bring Long-duration Storage to New England
Form Energy hopes to use its long-duration iron-air batteries to firm up renewable energy generation across extended stretches in New England.
Vineyard Wind
Vineyard Wind 1 on Track to Produce Power by Year’s End

The 806-MW project’s construction is about 60% complete, with the offshore substation, 15 array cables, 25 monopiles and two turbines already installed.

Idaho Power
FERC OKs Transmission Swap Between Idaho Power, PacifiCorp

FERC approved a transmission asset swap between Idaho Power and PacificCorp as part of the companies’ plans to develop a 300-mile-long, 500-kV line.

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DOE: Public-private Partnerships Key for Deploying Clean Tech at Scale
DOE gets business friendly. “The private sector has heard that DOE wants to hear their opinions and is willing to be responsive to what they have to say," said LPO Director Jigar Shah.
General Electric
GE Sues Wind Turbine Blade Recycling Company

GE alleges it paid Global Fiberglass Solutions of Texas LLC $16.9 million to recycle about 5,000 blades, but GFS instead stockpiled them with other companies’ used blades.


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