Accessible version Investment Grade Utilities Utilities and Power Weekly Last week's best and worst performers IG Utilities performed in line with the market last week returning 0.3%. Last week's best performing HoldCo credits were Dominion Energy Inc 4.60% Sr Unsecured notes due 2049 (+1.2%) & American Water Capital Corp 4.30% Sr Unsecured notes due 2042 (+1.2%) and the worst performing HoldCo credits were Southern Co. 6.375% Jr Subordinated notes due 2055 (-0.7%) & NextEra Energy Capital Holdings Inc 6.75 ...

PG&E Corporation (NYSE:PCG) is included among the 15 Dividend Stocks with Low Payout Ratios and Strong Upside. PG&E (PCG) Positioned for Data Center-Driven Utility Growth in 2026, Says Morgan Stanley On December 16, Morgan Stanley lowered the firm’s price target on PG&E Corporation (NYSE:PCG) to $20 from $21 and kept an Equal Weight rating on the shares. Utility performance will be heavily driven by data centers and growth upside in 2026, the analyst told investors in a year-ahead note. Around the same ...

转自：四川在线 高珩瑞 四川在线记者 李欣忆 12月28日，随着盐源500千伏变电站扩建工程顺利带电运行，四川电网2025年迎峰度冬8项重点工程全部建成投运，为全省冬季电力可靠供应和经济社会高质 量发展注入强劲动能。 据预测，今年迎峰度冬期间，四川电网最大用电负荷约5700万千瓦，同比增长11.6%。为应对用电高峰，国网四川电力提前谋划、科学部署，配强施工力 量，高效推进8项重点工程建设。这批工程累计新建输电线路约747公里，新增变电容量638万千伏安，提升清洁能源汇集能力约166万千瓦，增强各级电网供 电能力227万千瓦。 宜宾丘陵220千伏输变电工程俯拍图。（国网宜宾供电公司供图） 其中，成都东1000千伏特高压变电站500千伏配套工程、盐源500千伏变电站扩建工程等4项500千伏工程，优化了主干电网结构，增强了清洁能源外送能力。 巴中曾口、内江迎祥等4项220千伏工程则进一步提升了区域电网供电可靠性，精准满足不同地区的冬季用电需求。 "盐源500千伏变电站扩建工程作业繁忙期恰逢雨季，我们紧盯气象信息，抢抓停雨窗口期完成施工关键环节，保障工程如期投运。"工程业主项目经理陈天 才介绍，"工程新增变电容量20 ...

Core Viewpoint - Entergy Corporation (ETR) is transitioning from being perceived as a stable but unexciting regulated utility to a company with growth potential, attracting a new type of investor focused on long-term income generation and growth [1]. Summary by Relevant Categories Company Overview - Entergy Corporation has historically been viewed as a steady utility, appealing to investors primarily for its stability rather than growth [1]. Investment Strategy - The company is now attracting investors who are building resilient, income-generating portfolios with a long-term growth mindset, indicating a shift in investor interest [1]. Market Position - The changing perception of Entergy suggests that it may be entering a phase where growth opportunities are becoming more prominent, potentially enhancing its attractiveness to a broader range of investors [1].

Core Insights - CMS Energy Corporation (CMS) is enhancing operations through strategic investments while expanding its renewable energy portfolio [1] - The company is exposed to risks such as a weak solvency position and costs related to coal ash disposal [1] Group 1: Growth Drivers - CMS Energy benefits from stable, regulated utility operations in Michigan, with over 95% of earnings generated from regulated electric and gas utilities, providing a low-risk revenue base [2][8] - The company has a strong capital investment plan focused on infrastructure modernization and clean energy transition, with planned capital expenditures of $20 billion from 2025 to 2029 [3][8] - CMS Energy aims to significantly expand its renewable generation portfolio by adding 9 gigawatts (GW) of solar and 4 GW of wind capacity, along with over 850 megawatts (MW) of battery storage by 2030 [4][8] Group 2: Financial Position - As of September 30, 2025, CMS Energy had $362 million in cash and equivalents, $16.77 billion in long-term debt, and $1.16 billion in current debt, indicating a weak solvency position due to higher debt than cash reserves [6] Group 3: Regulatory and Environmental Concerns - Rising stringency in carbon-emission regulations for electricity generation poses a concern, with coal still representing nearly 20% of the company's total generation as of December 31, 2024 [5] - CMS Energy is expected to spend $240 million between 2025 and 2029 to comply with regulations related to coal-ash solid waste disposal facilities [5] Group 4: Stock Performance - In the past year, CMS shares have risen 4.5%, compared to the industry's growth of 20.2% [7]

Group 1 - The years 2024 and 2025 are expected to be favorable for utilities, driven by short-term factors like lower interest rates and long-term factors such as increased electricity demand, particularly from data centers [1] Group 2 - The investment strategy combines fundamental analysis with options trading, focusing on various approaches including income-oriented investments in Business Development Companies (BDCs) and utilities, growth at a reasonable price in technology, deep value based on discounted cash flow, and dividend aristocrats [2]

本报讯 （记者 方俊 通讯员 卢奇正 叶子豪） "这项技术的应用，为复杂地形下的特高压线路应急检修提 供了新的高效解决方案。"12月23日，在谈到"直升机绞车吊椅法"完成山区大档距特高压线路带电修补 地线作业时，国网衢州供电公司相关负责人说。 （来源：衢州日报） 转自：衢州日报 12月11日下午，在衢江区大洲镇，一架红色直升机悬停在300米高空，机舱下方的绞车缓缓放出长长的 绝缘绳索，绳索的末端绑着一张吊椅，上面坐着一位身着带电作业服的电力工人。"接近缺陷点，准备 就位。"通过对讲机向地面指挥中心汇报后，他被稳稳放置到±800千伏宾金线上并开展工作。从人员送 达、缺陷修复到安全撤离，整个核心带电作业过程用时约40分钟。 ±800千伏宾金线是"西电东送"的核心动脉，需要检修的宾金线3223-3224号塔档，地处大山深处，地形 复杂，传统的徒步加攀爬检修方式，有着时间与安全的双重挑战。"我们决定采用直升机搭载绞车系 统，将作业人员直接吊运至高空作业点，这样一来，原本至少需要3个小时的工作，缩短至1小时以内完 成，也降低了人员的安全风险。"国网衢州供电公司运检部工作人员叶卓儒介绍，"未来，随着技术的不 断成熟与推广 ...

Retirement is complicated, and you only get one chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.PG&E Corp. ( PCG ) is a $35 billion utility unit that has been consistently punished by PG&E's history of mismanagement and wildfires. Despite that, the c ...

Company Overview - PG&E Corp. is a $35 billion utility unit that has faced challenges due to a history of mismanagement and wildfires [2] - The company is actively working to reorient itself, which positions it well for consistent earnings per share (EPS) growth [2] Investment Strategy - The Value Portfolio focuses on building retirement portfolios using a fact-based research strategy that includes extensive readings of 10Ks, analyst commentary, market reports, and investor presentations [2] - The Retirement Forum offers features such as model portfolios, macroeconomic overviews, in-depth company analysis, and retirement planning information [2]

Key Takeaways Energy prices are expected to be a mixed bag in 2026, with gasoline prices falling and those for electricity and natural gas increasing.The production of oil has increased, while demand has fallen, which is putting downward pressure on gasoline prices.The reverse is true for electricity: demand is surging because of data center construction. You'll likely pay less at the pump next year, but higher electric bills may offset those savings.Energy prices will be a mixed bag next year, according ...