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After its $2.65 billion gas asset acquisition, DTE Energy tells Wall Street there is nothing to worry about as Fitch downgrades the company

[…] gas-fired power plants will be more expensive than a combination of clean energy sources by 2035, resulting in a stranded asset risk for investors: “Just as the falling price...

/ April 28, 2020

Strings Attached: How utilities use charitable giving to influence politics and increase investor profits

Download full report NextEra Energy NextEra Energy is an international utility company based in Florida. It serves approximately 4.9 million customer accounts in Florida via its retail utility, Florida Power...

/ December 10, 2019
Hedge fund Acme Equities ("Enchant Energy") is attempting to install CCS on the San Juan Generating Station.

Enchant Energy spent more on lobbying than planning its coal carbon capture project

[…] quarterly reports to the Department of Energy mention the company’s struggles to attract investors, though without providing details.  The report for the first quarter of 2021 mentioned that “Several...

/ August 18, 2021

FERC Commissioners received free travel to secretive beach conference, organized by FirstEnergy board member

[…] then there needs to be rules. An event that lacks public interest advocates and is without the press is troubling.” Of the 102 attendees listed on agenda and biography...

/ December 8, 2017

PR Firm behind American Gas Association front group also member and consultant for Edison Electric Institute

[…] largely owned by Dominion Energy, with ownership stakes also held by Duke Energy and Southern Company. DeSmog further reported on June 14 that DDC Advocacy, short for “Democracy, Data & Communications”...

/ June 20, 2017
Duke Energy's Sutton Gas Plant

Duke Energy’s zero-carbon goal undermined by massive gas rush

[…] advocates have already presented models showing that Duke’s proposed gas plants in the Carolinas, even without CCS, will be more expensive than a portfolio of renewable energy, energy efficiency...

/ September 17, 2019

FOIA Documents Reveal Tennessee Valley Authority’s Role in the Utility Air Regulatory Group

[…] but that the organizations cannot “lobby on behalf of TVA or represent TVA in litigation without specific authorization to do so.” Documents further describe that TVA’s Don Houston, a...

/ April 6, 2021
Southern Co. CEO Tom Fanning dismissed conflicting comments from Georgia subsidiary about Southern's "low- to no-carbon" goals.

Southern Company’s Big Bets Lead to Loss of Gulf Power

[…] – an awkward admission, given its tacit acknowledgement that Gulf Power’s customers are better off without Southern –  Southern’s financials tell a very different, troubling story. Big Bets and...

/ May 31, 2018
Dalton Utilities Vogtle Nuclear Plant

Southern Company, Regulated Entity-Connected Contributions Continue for Pridemore, Eaton

District 3 Incumbent Commissioner Chuck Eaton Photo Source: Georgia Public Service Commission Earlier this year the Energy and Policy Institute released an analysis of major campaign contributions for Georgia Public...

/ September 5, 2018

While Wisconsin residents object to the $700 million Nemadji Trail Energy Center gas plant, their public officials submit supportive comments ghostwritten by industry

As the public comment period for a new natural gas power plant drew to a close last month, several state lawmakers filed comments urging the Wisconsin Public Service Commission to...

/ November 20, 2019