Company News
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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 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
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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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 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.
CAISO
FERC affirmed the ability of an independent transmission developer to include an RTO adder in its CAISO formula rate, rebuffing a request by the California Public Utilities Commission to reject the company’s use of the incentive.
DTE
DTE Energy reported it is in various stages of discussion to supply as much as 7 GW to new data centers and is on track to reach agreement on the first project by the end of 2025.
EEI
U.S. investor-owned electric companies invested $178 billion in 2024 and are projected to invest more than $1.1 trillion through 2029, their trade organization reported.
NextEra Energy
NextEra Energy continues to present renewables as a bridge to the grid of future and fashions itself as an "all-of-the-above company" in an optimal position to build that bridge.
Constellation Energy
FERC approved Constellation's purchase of Calpine, which will create an even bigger IPP with nearly 60 GW around the country, with the biggest share of that in PJM.
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