Company News
CenterPoint and OGE executives spent their respective earnings conference calls with analysts discussing their limited partnership, Enable Midstream.
NiSource lost $44.3 million ($0.14/share) in the second quarter, with company officials pinning the sagging earnings on an expensive debt-related charge.
Con Ed reported its second-quarter net income dropped almost one-third from a year ago, mainly reflecting changes in rate plans and regulatory charges.
Berkshire Hathaway Energy reported a $38 million increase in earnings for the second quarter because of improved performance of BHE Renewables.
NRG Energy CEO Mauricio Gutierrez said he is optimistic that courts will find that the zero-emission credits being issued to nuclear generators are harmful.
Data centers and residential customer growth are driving increased electric demand for Dominion Energy in Virginia.
Entergy reported second-quarter profits of $409.9 million ($2.27/share), compared to $567.3 million ($3.11/share) a year ago.
Exelon said they will press PJM to enact changes boosting off-peak prices and are confident nuclear plants in New York and Illinois will survive challenges.
PSEG CEO Ralph Izzo said that the company has received “just about universal support for the continued operation” of its nuclear plants.
American Electric Power (AEP) plans to build a 2,000-MW wind farm and accompanying high-voltage, interstate transmission line.
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