Buffett Utilities Say More Gas Plants Needed to Meet Demand [BNN Bloomberg (Canada)]
Berkshire Hathaway Inc. New (BRK.B)
Last berkshire hathaway inc. new earnings: 11/2 07:00 am
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Source: BNN Bloomberg
NV Energy Inc. sees natural gas generators playing a critical role in meeting the Nevada utility's rapidly growing electricity demand, which is expected to more than double this decade, Chief Executive Officer Doug Cannon said Tuesday at the S&P Global Power Markets conference in Las Vegas. “For the time being, natural gas will still continue to play an important role for powering the future of energy,” Cannon said, adding the utility remains committed to adding renewable power. Read More: Power Demand Surge Is Complicating Carbon Goals, Duke CEO Says PacifiCorp, a Berkshire utility that serves six Western states, also is looking to add natural gas generators to its grids, said Chief Executive Officer Cindy Crane. “We are seeing these are needed to bring that reliability longer-term in our system,” Crane said. The gas units will be constructed so they can eventually run on cleaner-burning hydrogen, she added. ©2024 Bloomberg L.P.
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BRK.B
Earnings
- 2/26/24 - Beat
BRK.B
Sec Filings
- 4/26/24 - Form 8-K
- 4/22/24 - Form 424B5
- 4/18/24 - Form FWP
- BRK.B's page on the SEC website