PPL Rises 0.98% as Arizona Scraps REST Rules Traded 346th in 0.3 Billion Daily Volume

Generado por agente de IAAinvest Market Brief
miércoles, 20 de agosto de 2025, 7:35 pm ET1 min de lectura
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On August 20, 2025, PPL CorporationPPL-- (PPL) saw a 0.98% rise in its stock price, with a trading volume of $0.30 billion, ranking 346th in daily trading activity. The movement reflects broader regulatory shifts in the energy sector impacting utility operations.

Arizona regulators initiated the repeal of the Renewable Energy Standard and Tariff (REST) rules, which mandated 15% renewable energy by 2025. The Arizona Corporation Commission cited rising costs and outdated targets, as major utilities like Arizona Public ServicePEG-- (APS) already exceeded the requirement. Pinnacle WestPNW--, APS’s parent company, revised its carbon neutrality goals from “zero-carbon” to “carbon-neutral” by 2050, emphasizing cost-effective resource integration. The decision aligns with APS’s recent investments in solar, wind, and battery storage, aiming for 10.7 GW of clean energy capacity by 2028. Critics argue the repeal could deter renewable investments, but regulators stress flexibility in energy mix choices to meet Arizona’s growing demand.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 yielded moderate returns. As of the latest data, the total profit reached $2,385.14, showing steady growth with occasional fluctuations over the past year.

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