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December 6, 2025

earnings

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. 
DTE
DTE Expects to Need Gigawatts of Capacity for Data Centers
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.
GE Vernova
GE Vernova’s Gas Power Equipment Surge Continues
GE Vernova’s gas power and electrification businesses continue to surge amid growing power demand.
Bonneville Power Administration
BPA Exempted from Federal Staffing Cuts, Hairston Says
BPA will not see further staffing cuts, CEO John Hairston said during the agency’s quarterly business review, adding that he hopes to strengthen the workforce when the government lifts federal hiring freezes.

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