Utilities news covering electricity, power grids, energy providers, utility regulations, and power infrastructure developments.
Southern California Edison is evaluating pre-emptive power shutoffs for thousands of customers in Los Angeles and Ventura counties due to extreme fire danger from Santa Ana winds. Red flag warnings are active through Sunday, with gusts up to 55 mph creating conditions for rapid fire spread. Approximately 4,900 residents face potential outages as a safety precaution.
The article argues that Puerto Rico’s electricity crisis has worsened under private operator LUMA, with rates rising significantly while service reliability remains poor. It contends that despite promises of improvement following Hurricane Maria, households and businesses face escalating costs without corresponding benefits, highlighting systemic failures in the territory’s energy infrastructure.
The article argues that the UK's emergency preparedness for widespread infrastructure failure, termed a 'Black Sky' event, requires rigorous planning based on past incidents. It cites Professor Roger Kemp’s analysis of the 2015 Lancaster flood, which disabled modern digital systems and highlighted the critical resilience of copper landlines and FM radio during prolonged outages.
Southern California Edison is urging Eaton Fire victims to submit compensation claims before the November 30 deadline, having already processed over $1.1 billion in offers. With more than 17,600 individuals represented in submitted claims, the utility company is hosting community meetings to explain the streamlined recovery process versus traditional litigation.
Sempra raised its 2026 adjusted EPS guidance to the high end of $4.80-$5.30, citing strong third-quarter performance and double-digit year-to-date growth. The utility operator also signaled a 20% increase in Texas subsidiary Oncor's capital plan to $47.5 billion to address grid reliability amid rapid AI-driven electricity demand.
Duke Energy anticipates continued expansion of data centers within its service territories, defying a national trend of opposition to AI infrastructure. Chief Financial Officer Brian Savoy confirmed that local facilities have avoided the significant negative public reaction seen in other parts of the country.
Seeking Alpha previews Constellation Energy's Q3 2026 earnings, noting consensus estimates of $3.88 EPS and $9.35B revenue, representing significant year-over-year growth. The article highlights the upcoming November 9th announcement as a key financial milestone for the US energy company.
The Supreme Court ordered Punjab and Haryana to provide Himachal Pradesh with 11,973 million units of electricity over two decades, directing 598 million units annually from October to March. Chief Justice Surya Kant emphasized that previous court directions are binding and must be acted upon without reservation to secure revenue for infrastructure.
Northwest Natural Holding Company upgraded its full-year 2026 earnings per share guidance to $3.10-$3.20, driven by strong third-quarter performance and a SiEnergy rate settlement. The company also increased its annual dividend by $0.03 to $2 per share, marking its 71st consecutive year of growth.
Duke Energy increased its 2026 adjusted earnings per share lower bound to $6.70 following a third-quarter net income of $1.56 billion, beating analyst estimates. Revenue rose 6.6% to $9.1 billion, driven by strong electricity and natural gas demand in the Southeast and Midwest.