May 2, 2025
| Today’s news and insights for utility leaders
However, Exelon faces economic uncertainty “as we all navigate updated tariff policies, federal budget reprioritization and increased energy supply costs,” CEO Calvin Butler said.
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Dominion Energy estimates that by the end of Q2, the cost of its 2.6 GW Coastal Virginia Offshore Wind project will increase by at least $120 million due to new tariffs.
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The utility plans to tap California's wildfire insurance fund to pay off most of the potential damages, company leaders said.
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Without effective planning, the expected surge in AI power demand could curtail the industry’s growth, hamper other sectors’ electrification efforts and possibly precipitate an energy crisis, a new report says.
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Discover how energy storage owners and operators can defend their assets against emerging threats and maximize their value with a robust cybersecurity strategy in this webinar.
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