Company News
Duke Energy
Duke Energy described plans to invest up to $200 billion in the next decade to meet demand growth across its multiple utilities during an earnings call for the first quarter of 2025.
NYSERDA
Ørsted is pushing ahead with two U.S. offshore wind projects amid potential policy threats but halting development of a much larger U.K. proposal due to rising costs.
Constellation Energy
Constellation Energy said it is closing in on new power purchase agreements and is in a good position to help meet projected data center load demand — whether in front of the meter or behind.
Dominion Energy
Dominion Energy reported that Coastal Virginia Offshore Wind has already seen slight cost impacts from President Trump's tariffs, which could grow as the project is still on track for completion in 2026.
© RTO Insider
Conference attendees are optimistic that the rapidly rising demand for energy will mean the federal government eventually will have to harness wind power.
Duke Energy
Duke Energy is considering nuclear for its long-term plans, but it may take decades before the resource is being installed at scales similar to gas plants, solar or wind today.
RWE
RWE, which put a two-year pause on its U.S. offshore wind development efforts days after President Trump was re-elected, now is setting a higher bar for other renewables in the U.S. market.
GE Vernova
GE Vernova’s gas turbine sales pipeline grew 39% and its onshore wind orders dropped 42% in the first quarter of 2025 amid sweeping changes in the U.S. energy landscape.
NextEra Energy Resources
NextEra Energy posted solid first-quarter financials and said its renewables portfolio continued to grow even as President Trump began implementing pro-fossil fuel policies.
Dominion Energy
Dominion Energy Virginia asked for its first base rate increase since 1992 in the face of inflation and load growth in its territory.
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