Latest news with #ConsolidatedEdison
Yahoo
20 hours ago
- Business
- Yahoo
Earnings Preview: What to Expect From Consolidated Edison's Report
New York-based Consolidated Edison, Inc. (ED) engages in the regulated electric, gas, and steam delivery businesses in the United States. With a market cap of $36.4 billion, the company operates the largest steam distribution system in the country, and provides electricity and gas in New York, New Jersey, and Pennsylvania. ED is set to deliver its second-quarter results on Thursday, August 7, after the market closes. Ahead of the event, analysts expect the utility giant to report an adjusted EPS of $0.62, up 5.1% from $0.59 reported in the year-ago quarter. It has exceeded analysts' earnings estimates in three of the past four quarters, while missing on one occasion. More News from Barchart Opendoor Stock Is Surging Higher in a Frenzied Retail Rally. How Should You Play OPEN Shares Here? This Penny Stock Wants to Become the MicroStrategy of Dogecoin Robinhood Stock Stumbles as S&P 500 Inclusion Is Once Again Off the Table for HOOD Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the current year, analysts expect ED to report an EPS of $5.63, up 4.3% from $5.40 in fiscal 2024. ED shares have soared 8.5% over the past 52 weeks, underperforming the S&P 500 Index's ($SPX) 14.5% returns and the Utility Select Sector SPDR Fund's (XLU) 19.8% gains during the same time frame. ED stock closed down marginally following the release of its Q1 earnings on May 1. The utility company reported revenue of $4.8 billion for the period, surpassing Street forecasts. Additionally, the company's adjusted EPS for the quarter amounted to $2.25, which failed to touch the consensus estimates by 2.2%. Looking ahead, ED expects full-year earnings in the range of $5.50 to $5.70 per share. The consensus view on ED stock remains skeptical, with a 'Hold' rating overall. Of the 17 analysts covering the stock, opinions include four 'Strong Buys,' eight 'Holds,' and five 'Strong Sells.' ED's mean price target of $104.81 indicates a 2.7% upswing from the current market prices. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Microgrid Market Set To Attain Valuation of US$ 191.01 Billion by 2033
CHICAGO, June 26, 2025 /PRNewswire/ -- The global microgrid market is projected to hit the market valuation of US$ 191.01 billion by 2033 from nearly US$ 40.9 billion in 2024 at a CAGR of 19.28% during the forecast period 2025–2033. Download PDF Brochure: The microgrid market is witnessing an unmistakable inflection in 2024 as utilities, city planners, and campus operators move pilot projects into full-scale, revenue-generating assets. Across New York, California, Singapore, and Dubai, newly commissioned urban microgrids already aggregate more than 1.2 GW of distributed capacity—double the total recorded in 2021—thanks to falling inverter costs, streamlined interconnection rules, and heightened outage risks tied to extreme weather. Resilience has shifted from a nice-to-have to a board-level metric, persuading municipal councils to fast-track behind-the-meter storage clusters and helping commercial estates secure green-bond financing once payback periods drop below seven years. In parallel, the microgrid market is benefiting from utility-led aggregation programs that reward flexible load shedding and frequency response. Consolidated Edison's Brooklyn-Queens Demand Management project, for instance, sidestepped a new substation by issuing US$ 200 million in performance-based contracts with local microgrid operators, thereby illustrating how resilience dovetails with grid deferral. Similar capacity-as-a-service agreements in Tokyo and Melbourne feature multi-year payments indexed to avoided diesel burn, cementing predictable cash flows. Researchers at Lawrence Berkeley National Laboratory estimate that every 100 MW of firm microgrid capacity can avert 450 kilotons of CO₂ annually when displacing backup generators, adding a quantifiable emissions dividend that strengthens investment narratives. Competitive Landscape Shifts As Utilities Embrace Distributed Energy Control The microgrid market continues to diversify its roster of influential players, yet competitive alignment is moving from vendor-centric EPC deals to vertically integrated utility platforms. Schneider Electric, Siemens AG, and Eaton still dominate controller shipments, but they now face vigorous competition from utility subsidiaries such as Duke Energy's REC and EDF's PowerFlex, which supply turnkey project financing, installation, and managed services. Recent bid data from Ontario's local distribution companies show that utility-backed proposals triumphed in eight of ten procurement rounds, chiefly because utilities can monetize grid services within regulated rate cases. Moreover, the microgrid market is attracting hyperscale cloud providers like Amazon Web Services, which embed real-time optimization algorithms directly inside SCADA gateways. These cross-industry alliances prioritize cybersecurity in line with IEC 62443 and already appeal to industrial off-takers such as BASF, which signed a decade-long OPEX contract covering 65 MW of renewable-centric microgrids across three chemical sites. Competitive tension has sparked an acquisition streak: Hitachi Energy purchased PES Power in March 2024 for its containerized hydrogen modules, while Wärtsilä divested its engine service arm to double down on energy-storage controls. Collectively, these moves reveal that scale, software intellectual property, and regulatory fluency now dictate market share. Evolving Business Models Monetize Flexibility, Resilience, And Energy Services The microgrid market is rapidly pivoting toward service-centric revenue streams that lock in predictable cash flows while slashing customer CapEx. Energy-as-a-Service (EaaS) agreements, pioneered by ENGIE North America at a Texas medical campus, now cover more than 480 MW across colleges, data centers, and ports. Under these structures, the integrator retains asset ownership, pools tax incentives, and guarantees performance metrics ranging from outage minutes to emissions intensity. Crucially, EaaS stacks incremental value by bidding surplus energy and ancillary services into wholesale markets through automated APIs, often earning up to US$ 30 per MWh for fast-frequency response in ERCOT and PJM. Complementing EaaS, the microgrid market is experimenting with transactive energy platforms that settle peer-to-peer power trades in intervals as short as five seconds. Australia's Project EDGE now routes excess rooftop solar from 1,200 households to neighboring businesses, delivering cost savings that outperformed static feed-in tariffs during almost every test day. Similar pilots in Denmark and Colorado add carbon-aware pricing so that electrons produced during low-emission hours secure premium remuneration. These granular, real-time settlement layers unlock a future in which electric delivery fleets act as dispatchable storage swarms, underpinning campus resilience while enabling lucrative grid-service stacking. Connectivity Standards Mature, Enabling Interoperable And Secure Microgrid Architectures The microgrid market is reaping dividends from a wave of open communication standards that mitigate vendor lock-in and simplify scaling. IEEE 2030.7/8 now delineates functions for hierarchical control, while the Open Field Message Bus improves timestamp accuracy for decentralized state estimation. By mid-2024, more than 65 manufacturers had certified equipment against SunSpec Modbus profiles, enabling field engineers to plug-and-play photovoltaic inverters and battery racks without bespoke mapping. Interoperability yields direct savings; the Electric Power Research Institute reports that data-layer standardization can shave dozens of engineering hours from complex builds. Security advances proceed in tandem, and the microgrid market is adopting zero-trust frameworks after a spate of ransomware attacks on operational technology in 2022. Los Angeles County's new critical-facility microgrids embed hardware root-of-trust modules, secure boot, and encrypted MQTT telemetry, all policed by cloud SIEM dashboards that flag anomalous frequency set-points within thirty seconds. Vendors now store firmware bill-of-materials on immutable ledgers to accelerate vulnerability remediation. These measures align with the U.S. Cybersecurity and Infrastructure Security Agency's 2024 guidance, which recommends micro-segmentation down to individual devices, effectively insulating critical control loops from lateral-movement attacks. Diverse Power Sources Redefine Generation Mix Within Modern Microgrids The microgrid market now features an increasingly heterogeneous generation palette, moving beyond diesel-solar hybrids to embrace green hydrogen, renewable natural gas, and modular nuclear batteries. In March 2024, Rolls-Royce's mtu division shipped its first 2 MW methanol-ready genset suitable for both islanded and grid-tied microgrids. Bloom Energy's solid-oxide fuel cells surpassed 100,000 operating hours in Korea, supplying baseload with sub-100-millisecond ramp rates. Solar remains the primary addition; the Fraunhofer Institute recorded 35 GW of photovoltaic modules ordered for microgrid applications over the past eighteen months, underscoring demand for zero-marginal-cost power. Storage chemistries are diversifying as well, and the microgrid market is testing zinc-hybrid cathodes, sodium-ion packs, and second-life EV batteries to reduce dependence on critical minerals. Frontier Energy's California demonstration achieved 6,000 cycles on a zinc-air prototype without appreciable degradation, a milestone expected to reduce lifecycle costs markedly when compared with lithium-iron-phosphate. On the renewably sourced-fuel front, California's Redwood Coast Airport Microgrid began piping surplus green hydrogen to a nearby bus depot, exemplifying sector coupling. These innovations allow operators to fine-tune portfolios according to local resource availability and evolving cost curves, thereby future-proofing asset returns. Global Capacity Surges Fueled By Industrial, Military, And Community Projects The microgrid market added roughly 9 GW of operational capacity between January 2023 and April 2024, lifting worldwide installations to nearly 46 GW, according to the international research consortium EMPower. Industrial off-takers led the expansion, commissioning 3.4 GW to shield production lines from grid volatility. Noteworthy is Rio Tinto's Gudai-Darri iron-ore mine in Western Australia; its 34 MW solar-battery hybrid offsets nine million liters of diesel annually. Military bases also accelerated adoption: the U.S. Department of Defense activated five new energy-resilience microgrids totaling 145 MW, each meeting stringent islanding criteria under MIL-STD-3001. Community initiatives remain equally dynamic, and the microgrid market in sub-Saharan Africa now exceeds 6,500 village installations, bringing first-time electricity to more than 17 million residents. Of these, 580 systems rolled out by Husk Power in Nigeria and Tanzania demonstrate payback periods under six years through productive-use appliances financed via pay-as-you-go models. Peru's rural program added satellite backhaul using Starlink links, slashing on-site maintenance visits by a significant margin. These data points confirm that capacity growth is not solely a developed-nation phenomenon; rather, it is global and inclusive, aligning decarbonization goals with tangible social progress. Regulatory Momentum And Incentives Rebalance Economics In Emerging Regions The microgrid market gained long-awaited regulatory clarity in multiple jurisdictions during 2024, eliminating barriers that previously hampered capital inflows. India's Electricity (Amendment) Bill now classifies microgrids as 'regulated public utilities', granting banking rights and must-run status. This designation allows power-purchase agreements to extend beyond fifteen years, a prerequisite for infrastructure debt. In the United States, new IRS guidance lets storage-only microgrids qualify for the investment tax credit when co-located with renewables, unlocking billions in deferred projects. Brazil followed suit by exempting community systems below 5 MW from transmission tariffs, materially improving project economics. Policy support alone cannot guarantee success, and the microgrid market still grapples with permitting delays, land-acquisition hurdles, and currency risks in frontier economies. Multilateral lenders are countering these challenges through blended-finance structures that pair concessional capital with technical assistance, thereby de-risking early-stage development. The World Bank's Distributed Access and Resilience Facility, launched in February 2024 with an initial US$ 500 million pool, earmarks a substantial tranche—well above US$ 190 million—for gender-inclusive energy entrepreneurship, reflecting research that diverse operator teams experience lower non-technical losses and stronger customer retention. Converging Digital Twins And Predictive Maintenance Secure Future Growth Path The microgrid market is embedding real-time digital twins, machine learning, and condition-based predictive maintenance to curb downtime and extend asset life. By ingesting phasor data, weather feeds, and inverter telemetry, these platforms create asset-health indices that dispatch technicians before minor anomalies escalate. Spanish utility Iberdrola reports that, within the market, coupling predictive maintenance with physics-based twins reduced unplanned outages at its Bilbao port installation from fifteen per year to just five over twelve months. Enel X employs reinforcement learning to optimize battery cycling, boosting round-trip efficiency and freeing an extra 450 MWh annually for market participation. The outcomes demonstrate that software intelligence is now indispensable rather than optional. Looking forward, the microgrid market will weave predictive maintenance together with carbon-aware dispatch, enabling operators to hit reliability and sustainability targets simultaneously. Cloud-native platforms already marry satellite-derived irradiance forecasts with Locational Marginal Emission signals to prioritize low-carbon generation whenever equipment health permits. Additional value emerges as warranty analytics flow back to OEMs, shortening design cycles for next-generation power electronics. Consequently, stakeholders should treat predictive maintenance as a cornerstone strategy that trims levelized electricity costs, maximizes ancillary revenue, and strengthens ESG performance. As regulatory, technological, and financial threads converge, the microgrid market is poised to evolve from niche innovation to indispensable grid infrastructure. Inquire Before Buying: Global Microgrid Market Major Players: Manufacturers ABB ABM Ameresco Eaton General Electric Hitachi Energy Ltd. Honeywell International Inc . Saft Siemens Scale Microgrid Solutions LLC Other Prominent Players Microgrid Developers and Power Companies BoxPower, Inc. Enernet Global PowerSecure, Inc . Schneider Electric ENGIE Distributed Energy Powerhive Okra Solar Briggs & Stratton Other Prominent Players Key Segmentation: By Connectivity Grid Connected Off-grid Connected or Island-Mode By Type AC Microgrid DC Microgrid Hybrid Microgrid By Business Model Subsidy-Supported Private PPA Utility-Owned / Joint Venture Others By Power Source Generators Batteries Renewable Wind Solar Energy Resources Natural Gas or Biogas Generators Combined Heat and Power Others By Energy Storage Batteries Compressed Air Energy Storage Pumped Hydro Storage Heat Storage Technology Flywheel Others By End User Commercial/ Industrial Healthcare Campus/Institutions Utility Military Remote Areas Others By Region North America Europe Asia Pacific Middle East & Africa (MEA) South America Related Reports: Electrification Market: By Component (Systems, Software); Source (Power Grid, Renewable Energy, Solar, Wind, Biomass, Others); Application (Automotive & Transportation, Industrial Sector, Residential & Commercial Buildings, Power Generation & Grid Infrastructure); Regions—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2025–2033 Quantum Dots Market: By Material (Cadmium-Based and Cadmium-Free (Indium Arsenide, Silicon, Graphene, Perovskite, Lead Sulfide, Lead Selenide, Others); Production Technique (Colloidal Synthesis, Bulk Manufacturing, Plasma Synthesis, Fabrication, Bio-Molecular Self-Assembly); Product (Quantum Optics (Quantum Dot Laser, Quantum Dot Photodetectors/Sensors), Biological Imaging (Quantum Dot Medical Devices), QR-Based Security and Surveillance (Quantum Dot Ink, Quantum Dot Photodetectors/Sensors), Optoelectronics (Quantum Dot Display, Quantum Dot Photodetectors/Sensors, Quantum Dot Led Products, Quantum Dot Laser), Renewable Energy (Quantum Dot Solar Cells /Modules, Photovoltaics, Others); Industry (Consumer Electronics, Healthcare & Medical Devices, Defense & Security, Telecommunications, Energy (Solar & PV), Others); Region—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2025–2033 Broadband Services Market: By Connection (Fiber Optic, Cable, Satellite, Wireless, Digital Subscriber Line); End User (Business, Household, Others); Region–Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2025–2033 System Infrastructure Software Market: By Type (Storage, Network and System Management, Security); Application (Building Management, Integrated Communications, Data Center Infrastructure, Cloud Integrations); End-use (Manufacturing, IT & Telecom, BFSI, Transportation & Logistics, Retail, Healthcare, Others (Food & Beverages, Hospitality, Aerospace & Defense, and Government, among others)); Region—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2025–2033 Industrial Hose Market: By Material Type (Rubber, PVC, Silicone, Teflon, Other Materials); Application (Automotive, Construction and Infrastructure, Oil and Gas, Pharmaceuticals, Food and Beverages, Water and Wastewater Treatment, Mining, Other Applications); Region—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2025–2033 Containerized Data Center Market: By Container Type (20 Feet Container, 40 Feet Container, Customized Container); Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)); End-use (IT and Telecommunications, BFSI, Healthcare, Retail and E-commerce, Aerospace & Defense, Energy & Utilities, Others); Region—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2025–2033 About Astute Analytica Astute Analytica is a globally recognized market research and advisory firm, delivering data-driven insights and strategic intelligence to organizations worldwide. We offer comprehensive research solutions across a wide range of industries, including technology, healthcare, chemicals, semiconductors, FMCG, and more. Our reports provide in-depth analysis of market trends, competitive landscapes, emerging opportunities, and technological advancements, empowering businesses to make informed decisions in an evolving global environment. Supported by a team of seasoned analysts, economists, and industry experts, we are committed to delivering accurate, timely, and actionable insights. At Astute Analytica, client success is our priority. We offer customized research solutions that are both cost-effective and tailored to meet the unique needs of our clients. Contact:Mr. Vipin SinghAstute Analytica500 N Michigan Ave, Suite 600Chicago, Illinois, United StatesUSA: +1-888 429 6757Email: sales@ Visit our website: Website: Network Platform: Logo: View original content: SOURCE Astute Analytica
Yahoo
01-06-2025
- Business
- Yahoo
Consolidated Edison's (NYSE:ED) investors will be pleased with their respectable 66% return over the last five years
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to see it rise more than the market average. But Consolidated Edison, Inc. (NYSE:ED) has fallen short of that second goal, with a share price rise of 39% over five years, which is below the market return. Over the last twelve months the stock price has risen a very respectable 11%. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, Consolidated Edison achieved compound earnings per share (EPS) growth of 6.1% per year. This EPS growth is reasonably close to the 7% average annual increase in the share price. This indicates that investor sentiment towards the company has not changed a great deal. In fact, the share price seems to largely reflect the EPS growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). It might be well worthwhile taking a look at our free report on Consolidated Edison's earnings, revenue and cash flow. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Consolidated Edison's TSR for the last 5 years was 66%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. Consolidated Edison shareholders have received returns of 14% over twelve months (even including dividends), which isn't far from the general market return. Most would be happy with a gain, and it helps that the year's return is actually better than the average return over five years, which was 11%. It is possible that management foresight will bring growth well into the future, even if the share price slows down. It's always interesting to track share price performance over the longer term. But to understand Consolidated Edison better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Consolidated Edison (at least 1 which shouldn't be ignored) , and understanding them should be part of your investment process. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-06-2025
- Business
- Yahoo
Consolidated Edison's (NYSE:ED) investors will be pleased with their respectable 66% return over the last five years
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to see it rise more than the market average. But Consolidated Edison, Inc. (NYSE:ED) has fallen short of that second goal, with a share price rise of 39% over five years, which is below the market return. Over the last twelve months the stock price has risen a very respectable 11%. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, Consolidated Edison achieved compound earnings per share (EPS) growth of 6.1% per year. This EPS growth is reasonably close to the 7% average annual increase in the share price. This indicates that investor sentiment towards the company has not changed a great deal. In fact, the share price seems to largely reflect the EPS growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). It might be well worthwhile taking a look at our free report on Consolidated Edison's earnings, revenue and cash flow. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Consolidated Edison's TSR for the last 5 years was 66%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. Consolidated Edison shareholders have received returns of 14% over twelve months (even including dividends), which isn't far from the general market return. Most would be happy with a gain, and it helps that the year's return is actually better than the average return over five years, which was 11%. It is possible that management foresight will bring growth well into the future, even if the share price slows down. It's always interesting to track share price performance over the longer term. But to understand Consolidated Edison better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Consolidated Edison (at least 1 which shouldn't be ignored) , and understanding them should be part of your investment process. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
30-05-2025
- Business
- Bloomberg
NY Proposes 9.3% Con Edison Return as Higher Power Bills Loom
The staff of New York's utility regulator recommended Consolidated Edison Inc. collect a 9.3% return on its equity, lower than the amount sought by the power company. The utility had requested a return on equity of 10.1%. Analysts at Citigroup Inc. had predicted that staff would recommend a 9.2% return.
