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Stock impact report

Hurricane Ida power grid failure forces a reckoning over Entergy's monopoly in the South [MSNBC.com]

Entergy Corporation (ETR) 
Last entergy corporation earnings: 2/19 06:30 am Check Earnings Report
US:NYSE Investor Relations: entergy.com/investor_relations
Company Research Source: MSNBC.com
Like many ravaging storms that came before it,Hurricane Idaknocking out electricityThe company, Entergy Corp., has told regulators and shareholders that it is committed to protecting the grid against extreme weather, having spent billions of dollars to upgrade towers, poles and lines.But Entergy also has a history of resisting changes that would have made the electric grid more resilient, from developing new transmission lines to expanding solar power, according to an examination of regulatory filings and other public documents and interviews with industry researchers and clean-power proponents.These actions show that while Entergy isn’t opposed to renewable power, it fights projects it doesn’t control and doesn’t want competition from other companies or homeowners trying to generate their own power from the sun. That has angered local elected officials and environmental advocates, who say Entergy is blocking needed change to maintain its dominance of the local energy market.The New O Show less Read more
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