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November 25, 2024

State & Regional

California Senate
California Labor Groups Affirm Support for Pathways Proposal
Labor groups that blocked past California legislative efforts to “regionalize” CAISO told state lawmakers they “look forward” to working with the legislature next year to pass a bill to implement the governance changes being developed by Pathways.
Constellation Energy
DC Circuit Vacates FERC Approval of Two LNG Facilities in Texas
The D.C. Circuit Court of Appeals vacated FERC’s approval of two LNG export facilities in Texas and remanded the cases back to the commission.
Exelon
Exelon Prepping for Major Load Growth in Utility Service Territories
Exelon is focused on meeting rising demand from data centers and manufacturing, company officials said during its second-quarter earnings call.
Duke Energy
Duke Energy Executives Discuss Demand Growth on Q2 Earnings Call
Duke Energy executives highlighted how the return to load growth is impacting its utilities during its second-quarter earnings call with analysts. 
Duke Energy
4th Circuit Remands Duke Energy Market Power Lawsuit Filed by NTE
A lower court found Duke was just competing for business, but the appeals panel of three judges has open questions on whether market power was abused.
RMI
RMI Report Urges States to Adopt Performance-based Regulation

Performance-based regulation is a way to align utility incentives with the interests of customers and society, according to a new RMI report.

Xcel Energy
Xcel Energy Beefs up Wildfire Mitigation Plans
Xcel Energy says it relies on industry best practices and its own experience in beefing up wildfire mitigation plans.
Casey Monaghan, CC-BY-SA-2.0, via Wikimedia Commons
PPL Backs Utility-owned Generation in Pa. After PJM Capacity Price Spike
PPL reported GAAP earnings of $190 million for the second quarter and executives focused on changing market dynamics in PJM during a teleconference with analysts. 
Entergy
Entergy Touts Louisiana Settlements, Beryl Response in Q2 Earnings
Entergy promoted its Hurricane Beryl response alongside a pair of pending settlements with Louisiana regulators over rates and the Grand Gulf Nuclear Station during a second quarter earnings call.
Dominion Energy
Dominion Highlights Demand Growth, OSW Progress
Dominion earned $572 million in the second quarter of 2024 and logged six new peak demand records in July on the back of Virginia’s continued electricity consumption growth.

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