EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

DTE Energy Invests in 1.5 GW of Michigan-made Battery Energy Storage Systems for Eight Projects

LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.

Read more

Microsoft and Avangrid Sign PPA for Bluebird Solar Project in Washington State

LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.

Read more

Industry News

Nuclear Unit Powers Entergy Earnings

LCG, July 31, 2001Entergy Corp., which today announced higher-than-expected earnings, said the increase was due in large part to improved results in its nuclear generation operations and energy trading business.

The company, which earlier this months told Wall Street to expect earnings of about 96 cents per share, a two-cent drop from the same period last year, reported $1.06 cents a share, on $239 million earnings for the second quarter against $224 million for the second quarter a year earlier.

Entergy is the second-largest nuclear power company in the U.S., behind Exelon Corp. The company purchased four reactors from other utilities during the past 12 months, and has indicated it is looking for more.

Entergy's earnings, a record for the 13th consecutive quarter, prove that the company is on the right track, according to Chief Executive Wayne Leonard. "We've yet to realize all the upside potential in these businesses and we will capture every available opportunity to create tangible value for our shareholders," he said.

The gain came despite a $10 million downturn in profits from the company's regulated utility business, attributed to mild weather. That dip was more than compensated for when nuclear operations posted a gain of $33 million, three times the previous year's figure.

John Wilder, chief financial officer, said "We enter the second half of the year highly confident of our opportunities for the remainder of 2001 and beyond. We are reaffirming our current guidance for 2001 at $3.00 to $3.20 per share and $3.30 to $3.50 for the year 2002."

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service