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Denault said that Entergy continues to invest in new power plants, more distribution lines and better technology while simultaneously divesting in its low-margin wholesale operations, where margins continue to get squeezed from falling natural gas prices.
When asked about the demand for power in their service area, Denault said that residential continues to see slowing as trends like energy efficient homes and light bulbs put a damper on growth. Similar trends are occurring in the commercial power market.
Finally, when asked about Trump's decision to withdraw from the Paris climate accord, Denault said that the decision is unlikely to change any of Entergy's plans over the short or long term.
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