UPDATE 1-CERAWEEK-US must speed permits to spur renewable energy growth, execs say [Yahoo! Finance]
The AES Corporation (AES)
Last the aes corporation earnings: 2/28 06:00 am
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Source: Yahoo! Finance
The U.S. government needs to streamline permitting for renewable energy projects, including development of power transmission infrastructure and grid connectivity, to support needed growth, executives said on Thursday at a conference in Houston. "It's a tremendous issue," said NRG interim CEO Larry Coben, pointing to difficulties around interconnection, the rules that new electricity generators must follow to connect to the grid. It can take up to four years to move a project through the interconnection process, according to the American Clean Power Association. Coben lamented that it is much harder to move through permitting processes in places like California than Texas. States with fewer regulatory restrictions are going to be the big winners in attracting renewable investment and growth, said Andrés Gluski, CEO of utility firm AES Corporation. Hurdles around permitting have been discussed frequently among executives attending the annual CERAWeek energy conference in Hou
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News
- The AES Co. (NYSE: AES) is now covered by analysts at Mizuho. They set a "buy" rating and a $21.00 price target on the stock.MarketBeat
- United States Power Ancillary Service Markets, 2018-2023 and 2024-2028: Increasing Role of AI and Advanced Analytics, Decentralization and Distributed Energy Resources Integration [Yahoo! Finance]Yahoo! Finance
- AES: A Value Play With An Upside [Seeking Alpha]Seeking Alpha
- The AES Co. (NYSE: AES) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $22.00 price target on the stock.MarketBeat
- Buy-rated and sell-rated stocks within the Utilities sector - Citi [Seeking Alpha]Seeking Alpha
AES
Earnings
- 2/26/24 - Beat
AES
Sec Filings
- 4/26/24 - Form 8-K
- 4/15/24 - Form 4
- 4/10/24 - Form SC
- AES's page on the SEC website