Electric Utilities
Case studies in electric utilities.
Alliant Energy: Building Ahead or Waiting for the Next Load?
On August 21, 2026, Alliant Energy's leadership faced a planning question that was growing harder to defer: how much should its operating utilities commit to serve the next wave of large electricity customers, and what evidence should be required before each new commitment? Read case
AEP: Planning for a Texas load surge
On July 30, 2026, American Electric Power reported that contracted load growth through 2030 had reached 69 gigawatts (GW), after six GW of new signed agreements in the second quarter. Read case
Constellation Energy: Governing the Next Wave of Large Loads
Assume you advise Constellation’s board in a hypothetical autumn 2026 policy discussion. Recommend how the company should evaluate future, not-yet-committed large-load proposals near its generation assets. Set approval gates for system reliability, cost allocation, customer flexibility and credit, contract risk, accountable decision-makers, exceptions, and ongoing monitoring. Read case
Duke Energy — What Evidence Should Accompany a Resource Plan?
Duke Energy Carolinas (DEC) and Duke Energy Progress (DEP) filed a new Carolinas resource plan on October 1, 2025. Assume you are advising a hypothetical joint DEC/DEP strategy team preparing to present the filing to regulators and customers. Read case
Edison International — SCE’s Next Wildfire-Mitigation Priorities
On March 1, 2024, a hypothetical planning group at Southern California Edison (SCE) is asked to prepare a recommendation for the next cycle of wildfire-risk mitigation. SCE already has an approved 2023–25 Wildfire Mitigation Plan (WMP), and it reported that it exceeded its 2023 covered-conductor target. Read case
Entergy Louisiana: Power for growth, or flexibility for the future?
In fall 2026, Entergy Louisiana, LLC (ELL) is seeking Louisiana Public Service Commission (LPSC) approval to build two large gas-fired power stations and recover eligible costs from customers. The plants would take years to complete. The utility argues that its system needs more dispatchable capacity as demand grows and older resources retire. Read case
Evergy: How Much Capacity Should the Utility Build Ahead of Demand?
On September 16, Evergy Kansas Central, Inc. issued $350 million of 5.600% first-mortgage bonds due 2034. The filing was made jointly under Evergy, Inc.’s SEC reporting umbrella, but Kansas Central—not the holding company—was the bond issuer and secured obligor. Read case
Eversource Energy: Where Should Offshore Wind Sit in the Portfolio?
On 24 May 2023, Eversource's strategic review of its offshore-wind investments was still underway. The company had said the review could result in a sale of all or part of its 50% interest in a joint venture with Ørsted. Assume you are an outside strategy adviser preparing a recommendation for a hypothetical Eversource board discussion. Read case
BGE Case 9888: Defending Reliability While Addressing Affordability
On July 30, 2026, Exelon’s second-quarter filing listed a major Maryland proceeding for its subsidiary Baltimore Gas and Electric. BGE had submitted an application to adjust its electric base rates on July 2. It asked the Maryland Public Service Commission (PSC) to approve a $156.1 million electric revenue deficiency, based on the 12 months ended March 31, 2026. Read case
FirstEnergy — Governing the Grid Investment Plan
FirstEnergy's leadership had presented Energize365 as a five-year plan for approximately $26 billion of transmission and distribution investment from 2024 through 2028. The company said the program would improve reliability and resilience, modernize the grid, support changing energy needs and provide customer value. Read case
NextEra Energy: Making the Virginia Promise Measurable
On October 2, NextEra Energy and Dominion Energy faced the next stage of review for their proposed combination. Shareholders of both companies had approved the transaction proposals on September 3. The approvals cleared an important step, but the merger remained subject to regulatory clearances and other closing conditions. Read case
NRG Energy: Who Pays for the Next Megawatt?
In August 2026, NRG Energy said it had aligned with a large cloud and AI customer on principal commercial terms for a proposed 1.2-gigawatt (GW) combined-cycle gas plant in Texas. The company called the arrangement “Bring Your Own Power” (BYOP): a customer-backed approach to adding generation alongside a large new load. Read case
PG&E: Choosing the Next Wildfire-Risk Mitigation Tranche
Assume you advise a hypothetical PG&E strategy team planning its next tranche of distribution wildfire-risk mitigation. Recommend how the team should prioritize work among (1) undergrounding selected high-risk circuit segments, (2) overhead hardening such as covered conductor and stronger poles, and (3) operational measures such as EPSS, PSPS, detection and monitoring. Read case
Pinnacle West — Buying Time, Capacity, and Flexibility
On 26 February 2025, Pinnacle West Capital Corporation (PNW) had just filed its FY2024 Form 10-K. Its Arizona Public Service subsidiary (APS) had received proposals in a new all-source resource solicitation. APS sought at least 2,000 MW for summer peaks, reserves, and the needs of extra-high-load-factor customers. The proposal deadline had passed on February 5. Read case
PPL: Growth Under the Regulated-Utility Compact
PPL Corporation expected annual earnings-per-share growth of 6%–8% through at least 2029. Its plan rested on regulated investment in three U.S. territories, while new data centers and other large energy users could create additional opportunities. Read case
The Southern Company: How Much Credit for Flexible Demand?
Georgia Power serves a fast-growing state while planning resources years ahead of when they can operate. A newly announced, very large customer brings a second question: how much should a utility count a customer’s promise to reduce electricity use when it plans for peak demand? Read case
Xcel Energy — Funding the Next Generation of Power
On the morning of January 25, 2024, Xcel Energy presented a five-year capital plan totaling $39 billion for 2024–2028. The plan covered transmission, distribution, generation, natural gas and other investment. Separately, the company identified approximately $5 billion of potential renewable-generation additions across three utility systems. Read case