There is very strong evidence that a confluence of three trends—reshoring of industry, AI-driven database expansion, and broad-based electrification—will drive a sustained period of electric demand ...
Vistra trades at a lower TTM EV/EBITDA than peers due to volatile earnings, high debt, and capital-intensive operations in deregulated markets. Its high debt-to-equity ratio and BB+ credit rating ...
According to NOAA, 2024 was the hottest year on record. If that sentence gives you déjà vu, that’s only natural: the record has been broken seven times since 2014. The global upward trend in ...
Electricity usage has been flat since 2008. A spate of articles have proclaimed that demand for electricity will surge, perhaps faster than our capability to bring on more generating capacity.
Artificial intelligence (AI)–fueled electric demand growth, combined with industrial reshoring and economy-wide reshoring require the U.S. power sector to grow by upwards of 20 percent in the coming ...
HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $248 million, or $0.38 per diluted share on a GAAP basis for ...
Earnings Call Insights: Portland General Electric (NYSE:POR) Q4 2024 Maria Pope, President and CEO, highlighted strong financial results for 2024, with GAAP net income of $313 million and non-GAAP net ...
WEC reaffirmed 2025 earnings guidance at $5.17 to $5.27 per share, including October weather and assuming normal weather for the rest of the year. The updated capital plan projects annual electric ...
The collaboration with Volvo Trucks North America and Volvo Financial Services will use 25 Class 8 Volvo VNR Electric trucks. The Aurora Driver has been trained and tested in Aurora’s virtual suite ...
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