Core Points - Ameren Missouri has received approval from the Missouri Public Service Commission for a new large load user rate structure aimed at ensuring high-usage customers contribute fairly to grid enhancements and energy costs [1][3] - The Powering Missouri Growth Plan is designed to attract new industries and create jobs while ensuring reliable service and reasonable rates for all customers [2][4] Summary by Sections Rate Structure and Consumer Protections - The new rate structure requires large load businesses to pay 100% of direct interconnection costs upfront and provide financial security equivalent to two years of minimum monthly bills [3] - The plan includes strict consumer protection measures to ensure fair cost allocation among all customers, with no discounts or incentives for large load customers [6] Economic Development Goals - The plan aims to create significant job growth and enhance community services through new revenue sources [6] - Ameren Missouri emphasizes the importance of energy availability, reliability, and affordability for businesses considering relocation to the state [4] Energy Strategy and Infrastructure - The company is accelerating investments in energy generation, storage, and infrastructure to support economic expansion while maintaining reliability for all customers [5] - The revised Preferred Resource Plan aims to accommodate up to 2 gigawatts of new energy demand by 2032, ensuring a balanced mix of generation resources [7] Commitment to Clean Energy - The plan offers options for industrial customers to meet their clean energy targets through Ameren Missouri's Clean Energy Advancement programs [4] - The initiative positions Missouri as an attractive state for economic development, reinforcing the commitment to sustainable energy practices [2][5]

Core Viewpoint - The Ontario government has designated Hydro One to develop a new priority transmission line between Bowmanville and the Greater Toronto Area (GTA) to meet growing energy demand and support economic growth in the region [1][2][3]. Group 1: Project Details - The new project involves constructing a double-circuit 500-kilovolt (kV) transmission line from the Bowmanville Switching Station to one of three potential transformer stations, with expected service in the early 2030s [1]. - Hydro One will collaborate with nearby First Nations, allowing them to invest in a 50% equity stake in the transmission line component through a partnership model [2]. - The project is part of a broader initiative to expand Ontario's transmission system, which is critical for ensuring a reliable electricity supply as demand is projected to grow significantly over the next 25 years [3]. Group 2: Economic Impact - The new transmission line is expected to create thousands of jobs across Ontario and secure the province's energy supply for decades, delivering reliable electricity from small modular reactors (SMRs) [4]. - The project will support key industrial sectors, including agriculture and manufacturing, and is aimed at strengthening Ontario's economy amid global instability [3]. Group 3: Company Overview - Hydro One Limited is Ontario's largest electricity transmission and distribution provider, serving 1.5 million customers and holding $36.7 billion in assets as of December 31, 2024, with annual revenues of $8.5 billion in 2024 [5]. - In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks and supported the economy by purchasing $2.9 billion in goods and services [7].

Core Viewpoint - OGE Energy Corp. has announced a public offering of 8,023,256 shares of common stock at a price of $43.00 per share, aiming to raise approximately $345 million to fund capital expenditures and other corporate purposes [1][10]. Offering Details - The offering consists of 8,023,256 shares, with 4,011,628 shares being sold directly by OGE Energy Corp. and the remaining shares sold by forward sellers [1]. - Underwriters, including Morgan Stanley and J.P. Morgan, have been appointed to manage the offering, with an option to purchase an additional 1,203,488 shares [2]. - The expected closing date for the offering is around November 24, 2025, subject to customary conditions [2]. Forward Sale Agreements - OGE Energy Corp. has entered into forward sale agreements with Morgan Stanley and J.P. Morgan, agreeing to sell the same number of shares borrowed from third parties at an initial forward sale price of $41.71 per share [3]. - Settlement of these forward sale agreements is anticipated to occur within 18 months following the offering's completion [3]. Use of Proceeds - The net proceeds from the direct sale of shares will be allocated to general funds, capital expenditures, and debt repayment or refinancing [4]. - OGE Energy Corp. will not receive initial proceeds from shares sold by forward sellers but intends to utilize proceeds from the settlement of forward sale agreements for similar purposes [4]. Company Overview - OGE Energy Corp. is the parent company of OG&E, serving approximately 910,000 customers in Oklahoma and western Arkansas, focusing on the generation, transmission, distribution, and sale of electric energy [6].

Core Viewpoint - OGE Energy Corp. has initiated a public offering of $345 million in common stock, with plans to use the proceeds for capital expenditures and general corporate purposes [1][4]. Offering Details - The company expects to sell approximately $172.5 million of shares directly to underwriters and an additional $172.5 million through forward sale agreements [1]. - An option to purchase up to $51.75 million of additional shares will be granted to the underwriters [1]. - Morgan Stanley and J.P. Morgan are acting as joint lead bookrunners for the offering [2]. Forward Sale Agreements - OGE Energy Corp. will enter into forward sale agreements with Morgan Stanley and J.P. Morgan, agreeing to sell the same number of shares borrowed from third parties [3]. - The initial forward sale price per share will match the price at which underwriters purchase shares in the offering, with settlement expected within 18 months [3]. Use of Proceeds - The net proceeds from the offering will be allocated to fund capital projects, including the Horseshoe Lake generating units and the Ft. Smith to Muskogee Transmission line, as well as for debt repayment [4]. - The company will not initially receive proceeds from shares sold by forward sellers to underwriters [4]. Company Overview - OGE Energy Corp. is the parent company of OG&E, serving approximately 910,000 customers in Oklahoma and western Arkansas [6].

Core Viewpoint - Duke Energy has filed requests with the North Carolina Utilities Commission for revised rates, seeking an annual revenue increase of $1 billion for Duke Energy Carolinas and $729 million for Duke Energy Progress, both representing approximately a 15% increase over current revenues [2][15]. Rate Increase Details - The proposed rate increase for Duke Energy Carolinas includes $727 million in 2027 and $275 million in 2028, while Duke Energy Progress requests $528 million in 2027 and $200 million in 2028 [2]. - If approved, typical residential customers using 1,000 kilowatt-hours per month would see their bills increase by $17.22 for Duke Energy Carolinas and $23.11 for Duke Energy Progress starting January 1, 2027 [7]. Cost-Saving Measures - Duke Energy has implemented various cost-saving measures, including reducing operation and maintenance expenses and enhancing grid reliability through self-healing technology, which has reduced outages significantly [3][4]. - The company has also trimmed 43,500 miles of vegetation and replaced over 116,000 distribution poles to improve service reliability [5]. Economic Growth and Customer Base - Duke Energy serves 3.6 million retail customers in North Carolina and has added approximately 150,000 customers over the last two years, driven by economic growth and rising electricity demand [9]. - The company is investing in infrastructure to support this growth, including $1.7 billion in battery storage projects and nearly $400 million in solar projects [13]. Customer Assistance Programs - Duke Energy offers various programs to help customers manage their energy costs, including energy efficiency programs that deliver savings significantly better than the national average [11][10]. - Specific programs include free home energy assessments and financial incentives for energy efficiency upgrades [14]. Future Outlook - The North Carolina Utilities Commission is expected to hold public hearings in spring 2026, with a final order on new rates anticipated in late 2026 [16]. - If the request to combine Duke Energy Carolinas and Duke Energy Progress is approved, it would mark the final base rate review for these utilities as separate entities [15].

Core Insights - The article discusses the innovative use of sheep for vegetation management at a solar facility in West Virginia, highlighting the blend of agriculture and renewable energy [1][4]. Group 1: Solar Grazing Initiative - Hundreds of sheep were utilized to maintain vegetation around 50,000 solar panels at the Fort Martin Power Station, promoting an eco-friendly approach [1][3]. - This method, known as "solar grazing," is currently implemented at 506 solar sites across 30 states, according to the American Solar Grazing Association [2]. - Approximately 350 sheep grazed at the site, with temporary fencing used to manage their movement every four to six days [5]. Group 2: Benefits and Impact - The initiative supports local farmers while reducing the environmental footprint of the solar facility, as stated by Dan Rossero, Vice President of FirstEnergy's West Virginia Generation [4]. - The Fort Martin solar site, operational since early 2024, is part of a broader solar program that includes two additional sites, totaling 30 megawatts of solar capacity [6]. - Customers in West Virginia can purchase solar renewable energy credits (SRECs) to support renewable energy initiatives [7]. Group 3: Operational Details - The sheep are effective in grazing under solar panels, where traditional mowing equipment may struggle, and they benefit from shelter provided by the panels [9]. - The sheep will return to the solar site in spring after spending winter at their farm [5].

Accessibility StatementSkip Navigation JUNO BEACH, Fla., Nov. 20, 2025 /PRNewswire/ -- The Florida Public Service Commission (PSC) today approved a four-year rate agreement that enables Florida Power & Light Company to continue to make the smart, necessary investments in the grid to power Florida's growth—while keeping customer bills well below the national average. The agreement, developed in collaboration with a broad coalition of customer groups, sets rates for 2026 through 2029. SOURCE Florida Power & L ...

Core Insights - Indiana Michigan Power (I&M) is acquiring the Oregon Clean Energy Center, an 870 MW natural gas plant, to enhance its energy generation capabilities and meet future customer demands [1][2][3][4]. Group 1: Acquisition Details - The acquisition of the Oregon Clean Energy Center is part of I&M's Future Ready plan, aimed at providing reliable and cost-effective energy as demand increases [2]. - I&M has received necessary regulatory approvals from the Indiana Utility Regulatory Commission (IURC) and the Federal Energy Regulatory Commission (FERC) to proceed with the acquisition, expected to be completed by March 2026 [3]. Group 2: Demand and Growth Strategy - I&M anticipates a significant increase in power demand, projecting growth from approximately 2,800 MW in 2024 to over 7,000 MW by 2030, necessitating a proactive approach to energy generation and infrastructure [5][7]. - The Oregon facility will contribute to a stable power supply for both existing and new customers, complementing I&M's diverse generation portfolio, which includes solar, wind, nuclear, coal, and hydroelectric resources [6]. Group 3: Company Overview - I&M serves over 600,000 customers and has a generation portfolio that includes 2,278 MW of nuclear, 450 MW of wind, and 1,497 MW of coal generation, with more than 85% of its energy delivered in 2024 being emission-free [7]. - American Electric Power (AEP), I&M's parent company, plans to invest $72 billion from 2026 to 2030 to enhance service and support growing energy needs across its service territories [8].

Core Points - Duke Energy announces the retirement of Dwight Jacobs after 23 years of service, with Katie Aittola set to succeed him as senior vice president, supply chain and real estate, and chief procurement officer effective January 1, 2026 [1][3][4] Group 1: Leadership Transition - Katie Aittola will lead sourcing and supply chain functions, overseeing real estate, strategic planning, transactions, and facilities management [2][3] - Aittola has a strong background in strategic planning, operational transformation, and enterprise leadership, positioning her well for the role [3][5] - Jacobs' tenure has been marked by industry-leading supply chain operations, successfully navigating a dynamic operating environment [3][4] Group 2: Aittola's Background - Aittola has been with Duke Energy since 2009, holding various roles in finance, corporate development, and financial planning [5][6] - She has previously led risk, governance, and business support functions within the supply chain [6] Group 3: Company Overview - Duke Energy is a Fortune 150 company serving 8.6 million customers across multiple states and owning 55,100 megawatts of energy capacity [8] - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner generation sources [9]

Core Insights - FirstEnergy Corp. has been recognized by Forbes as one of America's Most Trusted Companies and America's Best Companies for 2026, reflecting its commitment to operational excellence, customer service, and positive workplace culture [1][2] Recognition and Evaluation - Forbes' America's Most Trusted Companies list is based on an independent survey evaluating companies on transparency, ethical practices, and reliability, with FirstEnergy being among the top 300 out of 2,000 eligible businesses [3] - The America's Best Companies list highlights organizations excelling in employee satisfaction, customer experience, and financial strength, with FirstEnergy being selected as one of the top 500 companies based on over 60 measures across 11 categories [4] Investment and Community Engagement - In 2025, FirstEnergy plans to invest $5.5 million to modernize its power grid as part of its $28 billion Energize365 investment program aimed at enhancing reliability and reducing outages [5] - The FirstEnergy Foundation contributed over $5.5 million to local programs across its service area, and employees have volunteered more than 40,000 hours to support community initiatives [6] Company Overview - FirstEnergy Corp. serves over six million customers across six states and operates approximately 24,000 miles of transmission lines, emphasizing integrity, safety, reliability, and operational excellence [7]