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May 9, 2024

NetZero Insider

Eversource
Eversource Announces $500M Cut in Connecticut Investments
Eversource announced plans to reduce its investments in Connecticut by about $500 million over the next five years because of the “negative regulatory environment” at the Public Utilities Regulatory Authority.
Exelon
Exelon Focuses on ComEd, Other Rate Cases in Q1 Earnings Call
Exelon prioritized improving "our regulatory outlook in Illinois," CEO Calvin Butler said, after the state's Commerce Commission rejected ComEd's integrated grid plan for failing to meet core provisions of the Climate and Equitable Jobs Act.
Dominion Energy
OSW, Data Centers Loom Large in Dominion’s Outlook
Dominion expects to start installing monopiles for the Coastal Virginia Offshore Wind project between May 6 and 8, CEO Robert Blue told analysts during the company’s first-quarter earnings call.
Ørsted
Ørsted Reports Steadier Course as US Market Stabilizes
Ørsted charted a path forward from the industry’s recent turmoil as it released its first-quarter financial results.
Duke Energy
NC Residents Criticize Duke’s Pace of Coal Retirements, Reliance on Gas in Carbon Plan
North Carolina residents called upon the Utilities Commission to address Duke Energy’s preferred carbon plan, criticizing its slow pace of coal plant retirements and increase in gas plants compared to other options.
Peretz Partensky, CC BY 2.0, via Wikimedia Commons
PSEG Sees New Market for Nuclear in AI, Data Centers
PSEG is looking to use excess capacity at its three South Jersey nuclear generators to provide clean energy for data centers and AI development projects, CEO Ralph LaRossa said in the company’s first-quarter earnings call.
© RTO Insider LLC
Audit Faults NY Renewables Office on Speed of Reviews
The New York state office created to expedite permitting of large-scale renewable energy development should offer a better accounting of how long permitting takes, an audit concludes. 
Dogger Bank Wind Farm
2023 Flat for Wind Turbine Makers in West, Huge in China
Wood Mackenzie reports Western wind turbine manufacturers saw demand for their products ease in 2023 amid a stalled market while Chinese companies saw surging demand.
Western Area Power Administration
White House CEQ Finalizes NEPA Changes, Rolls Back Trump Rule
The White House Council on Environmental Quality finalized a rule meant to modernize the federal environmental review process under the National Environmental Policy Act.
DOE/NREL
DOE: AI Critical to US Clean Energy, Grid Modernization Goals
Streamlining and accelerating permitting is just one of the potential uses DOE envisions for AI to accelerate the U.S. power system’s transition to 100% clean energy and the modern, efficient, secure grid needed to reach that goal by 2035.

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