Open to Government, Educational, Nonprofit Organizations; Deadline to Apply is July 18OAKLAND, Calif., May 21, 2025 /PRNewswire/ -- The PG&E Corporation Foundation (PG&E Foundation) is accepting applications for its Better Together Nature Positive Innovation Grant program. The program will provide $500,000 in grants for initiatives dedicated to environmental stewardship.Five $100,000 regional grants — $500,000 in total — will be awarded. The grants are for projects focused on air quality, land and water ste ...

Core Points - FirstEnergy Corp. is making significant progress towards becoming a premier electric company, as highlighted by CEO Brian X. Tierney during the 2025 Annual Meeting of Shareholders [1][6] - The company has redesigned its operating model to enhance accountability and decision-making closer to customers and regulators [2][3] - FirstEnergy's Energize365 capital investment program aims to improve the electric grid's performance, with a $4.5 billion investment in 2024, marking a 20% increase from 2023 [4] - The company has expanded its five-year investment target to $28 billion through 2029, including $5 billion planned for 2025 [5] - FirstEnergy emphasizes its commitment to delivering electricity that strengthens society and powers the economy [6] Preliminary Voting Results - Shareholders reelected 10 directors and ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025 [7] - An advisory vote on named executive officer compensation was approved by shareholders [7] - A proposal for a report on lobbying activities was not approved by shareholders, although FirstEnergy discloses such activities on its website [8] Company Overview - FirstEnergy serves over 6 million customers across six states and operates approximately 24,000 miles of transmission lines [9]

As companies invest heavily in artificial intelligence (AI) and their energy needs rise, a company such as NRG is in a great position to benefit. Through the first three months of the year, the company's revenue totaled $8.6 billion and rose by 16% year over year. Net income of $750 million also jumped by 47%. Concerns about a potential bear market appear to be greatly eased, at least for now. The S&P 500 (^GSPC -0.39%) is no longer in the midst of a crash, and instead, it's actually been rallying in recent ...

COLUMBUS, Ohio, May 20, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Douglas A. Cannon president of AEP Transmission, effective June 11. Cannon will report to Bill Fehrman, AEP president and chief executive officer.In this role, he will lead all aspects of AEP's transmission business, including planning, projects, engineering, operations and growth. Cannon currently serves as the president and chief executive officer of NV Energy and is responsible for all aspects of service to its 1 ...

The Southern Company (SO) , via one of its affiliates, Georgia Power Company, recently announced a proposed settlement with the Georgia Public Service Commission (PSC) Public Interest Advocacy Staff. The agreement recommends extending the current alternate rate plan through Dec. 31, 2028, maintaining rate stability for Georgia Power customers for three additional years.This settlement is still pending approval from the Georgia PSC, with a final decision expected by July 1, 2025. If rejected, Georgia Power m ...

Core Insights - Entergy Corporation and Ameren are experiencing a surge in demand for the first time in years, driven by factors such as reshoring, AI-driven data center plans, and supportive legislation [1] Company Analysis - Entergy Corporation (NYSE: ETR) and Ameren (NYSE: AEE) are both regulated electric utilities [1] - Both companies are accelerating their investments in response to the increased demand [1] Market Trends - The surge in demand is attributed to reshoring initiatives and advancements in AI technology, particularly in data centers [1] - Legislative support is also contributing to the favorable market conditions for these utilities [1]

Sometimes short-term adversity can create opportunities for the long-term investor. 2. NextEra Energy Technology is creating substantial electricity demand; some estimates project U.S. electricity consumption will rise by 50% by 2050. That positions NextEra Energy (NEE -1.60%) as a potential winner over the coming decades. The energy company operates the largest electric utility, Florida Power & Light, in America, and its subsidiary, NextEra Energy Resources, is the world's largest producer of wind and sola ...

Core Viewpoint - FirstEnergy Corp. is taking proactive measures to enhance road safety by temporarily suspending streetlight service in certain areas to deter mayflies, which pose a significant safety concern during their hatching season [1][5]. Group 1: Company Actions - Ohio Edison will suspend streetlight service along several roads in Port Clinton, Marblehead, and Erie Township for several weeks in preparation for the annual emergence of mayflies, which typically occurs from late June to September [2][3][4]. - The company plans to resume streetlight service once the hatching season ends, demonstrating a commitment to community safety [2][6]. Group 2: Safety Concerns - Mayflies leave an oily residue that can make road surfaces extremely slick, particularly during rain, creating hazardous driving conditions [5]. - The President of FirstEnergy Ohio emphasized the importance of this initiative in enhancing road safety for all users, including pedestrians and bikers [5][6]. Group 3: Community Engagement - Ohio Edison encourages customers to report any unintentional outages of streetlights or outdoor area lights through their online platform or customer service hotline [7]. - The company serves over 1 million customers across 34 Ohio counties, highlighting its significant presence in the region [7]. Group 4: Company Overview - FirstEnergy operates one of the nation's largest investor-owned electric systems, serving more than six million customers across multiple states, including Ohio, Pennsylvania, and New York [8]. - The company's transmission subsidiaries manage over 24,000 miles of transmission lines, connecting the Midwest and Mid-Atlantic regions [8].

Group 1 - The core point of the announcement is the adjustment of the time-of-use electricity pricing mechanism in Sichuan Province, effective from May 1, 2025, which will impact the company's operating performance [1][2] - The adjusted peak, flat, and valley time durations for summer are 10, 8, and 6 hours respectively, while for spring and autumn, they are 7 hours each. The peak pricing duration has been increased from 2 hours to 3 hours, and a flexible peak pricing mechanism has been established [1] - The adjustment is expected to reduce the company's electricity business revenue by approximately 8.5 million yuan in 2025 due to an increase in valley hours and a decrease in flat hours, along with a shift of high peak hours to a lower pricing season [1][2] Group 2 - Industrial and commercial users will have the option to voluntarily choose to implement the time-of-use pricing [1] - The final impact on the company's financials will be determined by the audited annual financial report for 2025 [2]

Core Viewpoint - The growth of the electric vehicle (EV) market, initiated by Tesla, is expected to significantly increase electricity demand, transforming the utility sector into a more attractive investment opportunity with notable dividend components [1][5][13]. Group 1: Electricity Demand Growth - From 2000 to 2020, electricity demand grew by only 9%, primarily due to energy efficiency efforts [2]. - The shift towards cleaner technologies, particularly the replacement of internal combustion engine (ICE) vehicles with electric vehicles, is expected to drive substantial increases in electricity demand [4]. - Electricity demand is projected to rise by 55% from 2020 to 2040, with AI contributing to a 300% increase in demand over the next decade [5]. Group 2: Investment Opportunities in Utilities - The anticipated increase in electricity demand will require significant capital investments in the utility sector, leading to growth in what has been a traditionally stable industry [6]. - Regulators are likely to approve necessary capital investments and rate requests from regulated electric utilities, benefiting conservative income investors [7]. Group 3: Specific Utility Stocks - NextEra Energy (NEE) offers a 3.2% dividend yield with a history of 31 annual dividend increases and an expected annual growth rate of approximately 10% [8]. - Black Hills (BKH) has a higher dividend yield of 4.6% and has achieved Dividend King status with 55 annual dividend increases, although its growth rate is expected to be more modest at 4% to 6% [9][10]. - Dominion Energy (D) presents a turnaround story with a current dividend yield of 4.9%, focusing on strengthening its balance sheet and reducing its payout ratio before resuming dividend growth [11][12].