Duke Energy reported third-quarter earnings of $1.226 billion ($1.60/share), a dip of about 15% from the same period in 2023, as its utility territories were hit by three hurricanes.

Newly minted American Electric Power CEO Bill Fehrman is promising to “embrace large load opportunities,” leverage its expertise in 765-kV transmission and deliver more positive regulatory outcomes.

Eversource Energy’s exit from the offshore wind business drove a $118 million loss in the third quarter of 2024, offsetting increased revenue from its electric and gas distribution business relative to 2023, the company told investors.

On top of its 350 MW of current data center load, PSEG has received formal applications for nearly 400 MW of new data center load and inquiries on over 1,200 MW in data center feasibility studies in new business.

Dominion Energy reported net income of $953 million in the third quarter this year, as it continued to see load growth from data centers, progress on its offshore wind project, and infrastructure damage from Hurricane Helene.

Entergy said it can tackle industrial load growth with new solar, carbon capture technology at new and existing gas plants and by possibly bringing new nuclear capacity into the mix.

Exelon CEO Calvin Butler told investors the utility's data center forecast has increased about 80% during an earnings call.

Xcel Energy is welcoming the coming wave of data centers despite the increased demand they will place on the grid, saying it will accelerate transmission and generation build.