Company News
Casey Monaghan, CC-BY-SA 2.0, via Wikimedia
Spiking capacity prices in PJM have PPL and Exelon pushing for a potential return to utility-owned generation in Pennsylvania, which three former PUC chairs warned would be harmful to consumers.
Tacoma Public Utilities
Tacoma Power has signed an agreement to join SPP’s Markets+, making the Washington utility the second Pacific Northwest entity to commit to participating in the market in the past month.
BPA
BPA CEO John Hairston said the agency is committed to President Donald Trump’s goal to “unleash American energy dominance,” while also revealing that about 200 staff have accepted the president’s deferred resignation offer.
Barton Malow
DTE Energy’s five-year capital expenditure plan now calls for $30 billion in investment, up $5 billion.
Duke Energy
Duke Energy’s leadership changed the guard during its first-quarter earnings call as retiring CEO Lynn Good and her replacement, Harry Sideris, split the presentation.
Google
American Electric Power told financial analysts that it is evaluating $10 billion of potential incremental investment because of increasing interest from data centers and other large loads.
Dominion Energy
Dominion Energy CEO Bob Blue discussed continued growth in data center demand, offshore wind and the firm's Connecticut nuclear plant during the company's Q4 earnings call.
Eversource Energy
Eversource Energy executives announced during the company’s year-end earnings call its plan to increase investments in its “core electric and natural gas operations” by $1.9 billion in 2025-2028.
Tenaska
FERC took the rare step of formally noticing potential discussions with DOJ anti-trust officials over Alabama Power's proposed purchase of a Tenaska power plant.
Shutterstock
BPA has temporarily paused certain transmission planning processes to consider new reforms in light of “exponential growth” of transmission service requests, staff told stakeholders during a workshop.
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