This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. Dive Brief: Electric utilities are on pace to spend nearly $208 billion on grid upgrades and expansions this year, the highest amount ever, the Edison Electric Institute said Tuesday. The group represents investor-owned utilities. And more growth in capital expenditures is on the way, as the sector rushes to meet growing demand, according to EEI’s 2024 financial ...

Welcome back. With 2025 shaping up to be the second hottest year on record, which utility companies might stand to benefit. Our Pipa Stevens has that for us this morning.Morning, Pippa. Good morning, Carl. Well, as Americans are cranking their air conditioners, it could be a boon for utility companies since more power sold increases earnings.But not all utility models are the same. The independent power producers could be the biggest winners from record heat. Since companies like Vistra, Constellation, NRG, ...