Energy, Utilities & Environment

Cherry Valley – November 06, 2026 -- The 7.4-megawatt (MWdc) Rockford Community Energy Initiative in Cherry Valley, Illinois, is now delivering power. It is one of the largest community solar projects in ComEd's service territory, and subscribers can cut their electricity bills by up to 10%.

Project covers 33.9 acres and supplies more than 1,100 ComEd customers

The solar array in Winnebago County generates enough electricity to power more than 1,100 ComEd customers. Households, renters and small businesses across ComEd's territory can subscribe through the community solar program without installing rooftop panels.

ECA Power, a 100% employee-owned solar and energy storage developer, built the project. Luminace is the project owner and operator, and Miller Bros. was the construction partner.

Warren – November 06, 2026 -- Avalon Holdings Corporation (NYSE Amex: AWX) lifted third-quarter 2026 net income attributable to common shareholders to $2.7 million from $1.9 million a year earlier, even as net operating revenues fell to $24.3 million from $25.7 million.

Basic earnings per share rose to $0.69 from $0.49. Operating income increased to $3.2 million from $2.3 million, while net income reached $2.6 million versus $1.8 million in the third quarter of 2025.

Waste management revenue falls $1.8 million but costs fall faster

Waste management services revenue dropped to $11.1 million from $12.9 million in the quarter. Operating costs for the segment fell to $8.4 million from $10.3 million, leaving the gap between segment revenue and operating costs at roughly $2.65 million, in line with $2.66 million a year earlier.

BOSTON – November 06, 2026 -- Removing policy barriers to distributed energy resources (DERs) would avoid an estimated $614 billion in US power system costs through 2050, according to a Brattle Group report prepared for The Pew Charitable Trusts. The savings would offset roughly half of projected household electricity bill increases, excluding inflation-related rises.

DER capacity would more than quadruple to over 400 GW by 2050

The report covers distributed solar, battery storage and demand flexibility such as managed EV charging across residential, commercial and industrial customers. Brattle estimates the policy changes would add more than 400 gigawatts (GW) of DER capacity, nearly one-third of the current US generation fleet. The added capacity would lower the risk and cost of overbuilding conventional infrastructure against uncertain demand.

European Union – November 06, 2026 -- The EU Agency for the Cooperation of Energy Regulators (ACER) has published a preliminary version of EU-Flex, an open-source electricity market model built to assess flexibility needs across the bloc, ahead of its first formal assessment in July 2027.

ACER must estimate EU flexibility gaps under the 2024 market reform

The 2024 Electricity Market Design reform tasks ACER with estimating flexibility needs across the EU and identifying gaps between those needs and available flexibility. The agency must also recommend actions on cross-border issues. Flexibility is defined as the power system's ability to respond to changes in supply and demand. Growing renewable generation and electrification across sectors raise the requirement for it, in order to secure supply, integrate new renewables and keep electricity affordable.

BOSTON – November 06, 2026 -- Project InnerSpace, a geothermal-focused non-profit, has made Giving Green's Top Climate Nonprofits list for 2026-2027, its fourth consecutive year among the five organizations the evaluator ranks as most effective at driving long-term systemic change.

Giving Green cites financial de-risking plan for new geothermal projects

Project InnerSpace describes itself as a focused research organization (FRO). It aims to remove the major barriers to scaled global geothermal development by the end of this decade. In its report, Giving Green said it was impressed by the number of wins and connections the group has built in a short history. The evaluator also credited a plan to reduce financial risk for new geothermal projects.

Giving Green said the group's technical expertise lets it "influence capital well beyond its own budget."

NEW YORK – November 05, 2026 -- Consolidated Edison (NYSE: ED) reported third-quarter 2026 net income of $766 million, or $2.07 a share, up from $688 million, or $1.91 a share, a year earlier, and narrowed its full-year adjusted earnings forecast to $6.05-$6.15 a share.

Adjusted quarterly earnings climb 12% year on year

Third-quarter adjusted earnings (non-GAAP) were $766 million, or $2.07 a share, against $686 million, or $1.90 a share, in the 2025 quarter. That is roughly 12% growth in adjusted earnings and 9% in adjusted earnings per share. The 2025 figures exclude accretion of the basis difference of Con Edison's equity interest in Mountain Valley Pipeline, LLC (MVP).

Houston – November 05, 2026 -- Vaalco Energy (NYSE: EGY, LSE: EGY) lifted third-quarter 2026 Adjusted EBITDAX 30% to $71.1 million, from $54.8 million in Q2 and $23.7 million in Q3 2025, on higher realized prices and sales volumes. Non-cash hedging losses still pushed the company to a net loss of $39.8 million ($0.38 per diluted share).

Production climbs 21% across Gabon, Côte d'Ivoire and Egypt

Vaalco produced 25,284 working-interest BOPD, or 20,145 net-revenue-interest BOPD, about 21% more than in Q2 2026. Sales reached 18,454 NRI BOPD, up 4% from Q2 and toward the high end of guidance. Production rose in all three producing areas.

Capital expenditure totaled $86.9 million. The spending covered the end of the Gabon Phase Three drilling program, the restart of the Baobab field and the start of Phase Five drilling in Côte d'Ivoire, and continued drilling in Egypt.

Valley Forge, Pa. – November 05, 2026 -- PJM Interconnection expects 182,426 MW of operational capacity this winter against a forecast peak demand of about 147,500 MW, a level that would set a new winter record, while reserve margins continue to tighten as demand outpaces new supply.

The grid operator for 13 states and the District of Columbia also expects to export an average of about 3,200 MW to neighboring systems. Its all-time winter peak stands at 143,700 MW, set on Jan. 22, 2025.

Data center load lifts forecast winter peak by 7,500 MW since 2022

New load growth, especially from data centers and other Large Load customers, is driving steady annual demand increases. Forecast winter peak demand has risen by about 7,500 MW, or 5%, since 2022.

HOUSTON – November 05, 2026 -- Vaalco Energy declared a quarterly cash dividend of $0.0625 per share for the fourth quarter of 2026, equal to $0.25 annualized, marking its 20th consecutive quarterly payout.

Vaalco sets December 22 payment date for the fourth-quarter dividend

The dividend is payable on December 22, 2026, to stockholders of record at the close of business on November 20, 2026. The company is listed on the NYSE and on the Main Market of the London Stock Exchange under the symbol EGY.

CEO ties the payout to cash-generating assets in four African countries

CEO George Maxwell said the company's diversified portfolio of cash-flow-generating assets supports its strategic growth initiatives while allowing a "sustainable, meaningful dividend." Vaalco holds production, development and exploration assets in Gabon, Egypt, Côte d'Ivoire and Equatorial Guinea.

Salt Lake City – November 05, 2026 -- POWERGEN has named executives from PacifiCorp, FirstEnergy, AEP, ERCOT, NERC and Dominion Energy among the speakers for three keynote sessions at POWERGEN 2027, set for January 18-21, 2027, at the Salt Palace Convention Center. Organizer Clarion Events built the program around load growth, grid cybersecurity and reliability performance.

Utility chiefs open the program on the next build cycle

The Opening Keynote, "Supply, Demand and the Next Build Cycle," takes place Tuesday, January 19. It covers accelerating load growth, infrastructure investment, reliability expectations and new power development.