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February 15, 2026

Company News

PG&E
PG&E Vows to Reach Net Zero by 2040
PG&E said it plans to achieve carbon neutrality by 2040 and to withdraw more carbon from the air than it produces by 2050 using carbon capture and other means.
Sierra Club
PUC OKs NV Energy Battery Project on Old Coal Plant Site
Nevada regulators approved a permit for NV Energy to build a 220-MW battery storage system at the former site of the Reid Gardner coal-fired plant.
Sierra Club
Solar Supply Chain Issues Dog PNM Coal Plant Replacement Plan
PNM exhausted every alternative before postponing the retirement of the coal-fired San Juan plant until the end of this summer, a utility executive said.
Shutterstock
Duke and NC Solar Installers Reach Compromise on Net Metering Cuts
Solar installers in North Carolina agreed to a phased reduction in net metering rates under a compromise with Duke Energy that is now before state regulators.
National Grid
PPL Reaches Settlement with Rhode Island AG for Acquisition of Narragansett
The Rhode Island AG’s Office withdrew its opposition to PPL’s acquisition of Narragansett Electric after reaching a settlement agreement with the company.
PPL
PPL Completes Acquisition of Narragansett
PPL officially completed the acquisition of Narragansett Electric from National Grid, immediately rebranding the utility as Rhode Island Energy.
ISO-NE
ISO-NE Network Briefly Knocked Down by Hardware Malfunction
A hardware malfunction took down a number of ISO-NE systems for six hours but the grid operator said there were no effects on power reliability.
DangApricot, CC BY-SA-3.0, via Wikimedia
FirstEnergy Shareholders Approve Smaller Board of Directors
Shareholders at FirstEnergy’s virtual annual meeting approved a smaller board of directors and rejected two proposals by activists.
Murr Rhame, CC BY-SA 3.0, via Wikimedia Commons
Duke Files Carbon-reduction Plan for North Carolina Utilities
Duke Energy filed a proposal with the North Carolina Utilities Commission that presents four broad paths to reducing carbon emissions by 70% by 2030.
Erichwtl, CC BY-SA 3.0, via Wikimedia Commons
Australian Company Eyes Wash. Coal Mine as Green Hydrogen Site
Fortescue Future Industries is exploring the potential of converting a disused coal mine in Washington state into a facility for producing green hydrogen.

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