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Industrial loads boost Consumers Energy's sales as coal plant emergency order costs rise
12+ hour, 26+ min ago (898+ words) At least one analyst on Tuesday's earnings call raised concerns about Consumers' regulatory strategy. Industrial customers provided much of the lift for Consumers Energy's electric business as weather-normalized electricity sales in the segment rose 5. 9% year over year, according to the…...
2 more offshore wind projects scrapped under Trump administration pressure
14+ hour, 51+ min ago (516+ words) DOI said the projects had "agreed to voluntarily end their offshore wind leases." EDP, a Portoguese company with stakes in both projects, said it had "agreed to settle imminent claims." Secretary of the Interior Doug Burgum said in a statement…...
Major critical infrastructure supplier reports cyberattack
14+ hour, 52+ min ago (224+ words) Itron, which claims to have contracts with more than 7, 700 utility providers in 100 countries, said it "has not observed any subsequent unauthorized activity within its corporate systems." Hackers broke into the computer networks of major critical infrastructure equipment vendor Itron, the…...
Americans deserve facts, not fearmongering, about their electric bills
12+ hour, 7+ min ago (421+ words) Policymakers must remove barriers to new infrastructure and allow competitive power markets to function properly, writes Todd Snitchler, CEO of the Electric Power Supply Association. Todd Snitchler is president and CEO of the Electric Power Supply Association, which represents competitive…...
Extended heat wave could cripple New York's grid this summer: NYISO
15+ hour, 29+ min ago (479+ words) Coordination with generation owners, utility companies, neighboring grid operators, and government officials will be essential as we work to maintain grid reliability this summer, Aaron Markham, ISO vice president of operations, said in a statement. The ISO's annual summer reliability…...
Next Era contracted 4 GW of new generation projects in Q1
1+ day, 12+ hour ago (725+ words) The company's'quarterly report also revealed some details of a proposed $150 million settlement to end a lawsuit tied to financial and political activities of its subsidiary, Florida Power & Light. Next Era Energy Resources signed contracts for a record 4 GW of new…...
PJM market monitor opposes 1. 3-GW gas plant deal between Hull Street, Rockland Capital
1+ day, 16+ hour ago (62+ words) Utility Dive Don't miss tomorrow's electric utility industry news PJM market monitor opposes 1. 3-GW gas plant deal between Hull Street, Rockland Capital The Federal Energy Regulatory Commission should consider how power plant deals could draw capacity out of the PJM…...
DTE proposes $474 M Michigan electric rate hike
4+ day, 16+ hour ago (675+ words) The utility also made a conditional promise to freeze rate hikes for two years. State legislators are weighing a proposal to increase the minimum time between rate cases from one to three years. Scripps called the bill "a great starting…...
AI data centers are upending utility load planning
4+ day, 13+ hour ago (622+ words) Utilities need planning frameworks to account for uncertain load profiles, while developers must be clear about how their facilities perform, writes'Mark Knipfer at Integrated Environmental Solutions. Utilities are being asked to plan for a new class of electricity demand, one…...
GE Vernova gas turbine backlog hits 100 GW as prices rise
5+ day, 12+ hour ago (863+ words) The dollar-per-kilowatt growth is going to be very healthy in the second quarter of this year," CEO Scott Strazik said of turbine sales. GE Vernova reported strong order growth across all three of its business segments in the first quarter…...