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February 2, 2026

Company News

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Con Edison Planning Significant Infrastructure Investment
Consolidated Edison claimed solid progress and reported solid results as it released its 2024 financials Feb. 20.
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BPA Close to Issuing New Long-term Power Contract
The Bonneville Power Administration kicked off the last public contract development workshop series under its "Provider of Choice" initiative, allowing stakeholders to provide input on the agency’s long-term power contracts that it will issue later this year.
ERCOT
2 Companies Withdraw Texas Energy Fund Projects from Consideration
Two energy companies have withdrawn projects from the Texas Energy Fund, citing equipment procurement constraints that will keep them from meeting a December 2025 deadline.
Constellation Energy
Constellation Reports Solid 2024 Financials, Expects Better in 2025
Constellation Energy turned in better than projected financials for 2024 as it continued to meet the demand for emissions-free energy with the nation’s largest nuclear fleet.
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Ore. Senators Ask Trump to Justify ‘Reckless’ Job Cuts at BPA
Oregon Sens. Jeff Merkley and Ron Wyden have demanded the Trump administration explain and justify recent actions that could drastically cut staff at the Bonneville Power Administration.
Casey Monaghan, CC-BY-SA 2.0, via Wikimedia
Utilities Pushing for Return to Owning Generation in Pennsylvania
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 to Join SPP’s Markets+
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 Committed to Trump’s Energy Goals, Hairston Says
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 Ups 5-Year Plan to $30B
DTE Energy’s five-year capital expenditure plan now calls for $30 billion in investment, up $5 billion.
Duke Energy
Duke Spending Big to Meet Increasing Load Growth in the Late 2020s
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. 

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