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May 18, 2025

Company News

Bonneville Power Administration
BPA Exempted from Federal Staffing Cuts, Hairston Says
BPA will not see further staffing cuts, CEO John Hairston said during the agency’s quarterly business review, adding that he hopes to strengthen the workforce when the government lifts federal hiring freezes.
Shutterstock
Puget Sound Energy Inks Agreement to Join Markets+
Puget Sound Energy said it is joining Markets+, marking another win for SPP shortly after the Bonneville Power Administration issued its final market policy in favor of the day-ahead market.
NRG Energy
NRG to Buy 13 GW of Generation Capacity from LS Power
NRG Energy will acquire 13 GW of gas-fired power plants and virtual power plant operator CPower from LS Power.
Calpine
DOJ Seeks PJM Market Data for Review of Constellation-Calpine Merger
As part of its review for the Constellation-Calpine merger, DOJ asked PJM for a major trove of market data as it looks into the region where the two firms' operations overlap the most.
Duke Energy
Duke Earnings Report Highlights Huge Investments to Meet Load Growth
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.
AEP
AEP to Meet Load Growth with More Infrastructure
AEP tells financial analysts that load growth, driven by commercial customers in its service territory, presents opportunities to invest in “critically needed” infrastructure.
Constellation Energy
As it Pursues Deals, Constellation Says Data Center Load Growth Overstated
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
Coastal Virginia Offshore Wind Sees Costs Increase from Trump Tariffs
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.
Duke Energy
Demand Growth and Carbon Targets Prompt New Interest in Nuclear
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.
Shutterstock
Oxbow Incident: FERC Denies Solar Farm’s Waiver
FERC has denied a solar developer's waiver request for a 24-month extension of its commercial operation deadline for a planned facility in northwestern Louisiana.

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