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July 31, 2024

NetZero Insider

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Duke Energy
Duke Energy Sees Earnings Fall on Warm Winter Weather
Warm weather in its service territories led to lower earnings for Duke in Q1, but CEO Lynn Good told investors that the firm should make up for it this summer.
NOAA
Illinois Regulators Hear from RTOs on Summer Readiness
The Illinois Commerce Commission questioned MISO and PJM officials on their respective RTOs’ preparations for summer, with some concerned about reliability.
Lordstown Motors
Former Lordstown Motors CEO Sells Shares Before Dismal Q1 Earns
Lordstown Motors reported a first-quarter loss of nearly $172 million and warned investors of doubts about continuing as a "going concern."
CAISO
California Faces Challenges Connecting 156 GW to Grid
A California Energy Commission workshop examined the difficulties of connecting vast quantities of clean energy resources to the bulk electric system by 2045.
Constellation Energy
Constellation CEO: Nuclear PTC Could Extend Reactors’ Life to 80 Years
Constellation says the IRA's tax credits for nuclear could boost its profits by $100 million per year and help extend the life of its reactors to 80 years.
New England – Maritimes Offshore Energy Corridor (NEMOEC)
Coalition Promotes US-Canadian Offshore Transmission Link
An industry coalition is promoting the concept of underwater transmission linking New England and Nova Scotia via wind farms off their respective coasts.
Enel
Wash. Allocates Millions from Cap-and-Trade Fund
A pumped storage site, solar farms and agrivoltaic ventures are among the projects receiving funding from the state's cap-and-trade fund.
Revolution Wind
Eversource CEO Gives Update on Offshore Wind Sale
Eversource expects to reach a deal this quarter to sell off its offshore wind interests, CEO Joe Nolan said during the company's earnings call.
Gov. Jay Inslee
Inslee Signs Raft of Washington Climate, Energy Bills
The governor signed climate bills related to sustainable aviation fuel, local land-use planning, transmission planning, pumped storage and more.
National Grid
National Grid Proposes Quebec-New England Transmission
National Grid proposed a 1.2-GW transmission project to carry power from Quebec hydroelectric plants to southern New England through Vermont and New Hampshire.

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