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February 1, 2026

Company News

Duke Energy
Duke Highlights Legislative Wins in Q2 Earnings Call
Duke Energy reported earnings of $1.25/share for the second quarter, and its CEO told analysts the company also came out ahead with state and federal legislation.
Google
Google Strikes Demand Response Deals with I&M, TVA
Google reached demand response agreements with Indiana Michigan Power and the Tennessee Valley Authority to reduce power use by its data centers during critical periods.
PSEG
PSEG Sees Data Centers Surge amid Rising Demand Forecasts
The Public Service Enterprise Group is waiting for New Jersey to address the region’s predicted energy shortage as the utility continues to see a dramatic rise in potential demand from data centers.
Exelon
Exelon Continues to Explore Getting Back into Generation
Exelon's CEO said on an earnings call that the company remains interested in the possibility of utility-owned generation.
Dominion Energy
Dominion Reports Continued Demand Growth, CVOW 60% Complete
Dominion Energy reported demand growth from data centers in its territory and that its CVOW offshore wind project was more than halfway complete on its second quarter earnings call.
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Demand Growth Accelerating in the Northeast, Eversource Says
The pace of load growth has picked up across Eversource Energy’s service territories in the Northeast, the company said during its second-quarter earnings call.
Southern Co.
Southern Expects Large Load Growth to Continue
Southern Co.'s second-quarter earnings were down slightly from the prior year, but executives said they expect healthy growth from the continued addition of large loads such as data centers.
Google
PG&E Data Center Proposals Nearly Double in 2025 to 10 GW

Data center applications are piling up in Pacific Gas and Electric’s territory, with some of the new load projected to come online in 2027.

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AEP, Xcel ‘Navigate Rapidly Evolving Energy Policy’
American Electric Power and Xcel Energy say clean energy projects are still a part of their plans, despite the hurdles placed in front of them by the federal government’s budget reconciliation bill.
PPL
PPL Briefs Analysts on Efforts to Serve Data Centers in Pa., Ky.
PPL expects the current surplus of generation in its Pennsylvania territory will be lost to demand growth from data centers in the next five years and said it has plans to help meet that growing demand with new generation. 

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