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December 6, 2025

earnings

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.
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. 
Google
AEP to Increase Investment in Face of Data Center Growth
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 Sees Sharp Rise in Forecast for New Data Center Load
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 to Boost Grid Investments by $1.9B After Exiting Wind, Water
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.
Xcel Energy
Xcel Sees Little Effect from Executive Orders on Energy
Xcel Energy CEO Bob Frenzel said the Trump administration’s energy-related executive orders will have little effect on the company’s operations.
Ørsted
Ørsted Replaces CEO Mads Nipper
Ørsted CEO Mads Nipper has been replaced by Deputy CEO Rasmus Errboe.
Shutterstock
Shell Quits Atlantic Shores Offshore Wind Project in NJ
Atlantic Shores said its offshore wind project in New Jersey will continue despite Shell's exit, which caused the oil supermajor a $1 billion impairment.

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