Corporate News: Page 100
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Updated: Exelon, DC mayor reach settlement on Pepco merger
The deal would still need to be approved by the D.C. Public Service Commission, which rejected the initial merger proposal in August.
By Gavin Bade • Oct. 2, 2015 -
NextEra indicates it won't go through HECO merger process twice
After already throwing “significant funds” and “many thousands of employee hours” into the merger with Hawaiian Electric, NextEra says it wouldn't go through a competitive bidding process if regulators block its acquisition.
By Herman K. Trabish • Oct. 2, 2015 -
Explore the Trendline➔
Kevork Djansezian via Getty ImagesTrendlineSustainability
Companies are pursuing increasingly ambitous sustainability goals around clean energy, but integrating rising amounts of renewables, minimizing environmental impacts, and achieving carbon reduction targets can be challenging.
By Utility Dive staff -
SolarCity touts its new rooftop solar panels as most efficient in the world
SolarCity will manufacture the 22.04% efficient silicon thin film hybrid PV module in New York and California, showing the fruits of vertical integration.
By Herman K. Trabish • Oct. 2, 2015 -
Georgia Power opens 11 EV charging stations, with more planned
The utility has plans for 61 public stations to be operating by the end of next year, in part thanks to Georgia's push to incentivize EV markets.
By Robert Walton • Oct. 2, 2015 -
Deep Dive
What's at stake in the FirstEnergy and AEP Ohio power plant subsidy hearings
The marathon regulatory sessions could have far-reaching consequences for the region's fuel mix and electricity market structure.
By Gavin Bade • Oct. 1, 2015 -
GE unveils Digital Power Plant software to make generation more efficient, responsive
Cloud-based capabilities can add $230 million in value to new gas plants and $100 million to wind projects, the company says.
By Herman K. Trabish • Oct. 1, 2015 -
SolarCity maintains 34% residential solar market share in 1H 2015
Four of the top five U.S. solar installers are vertically integrated, and the one that isn't is losing market share.
By Herman K. Trabish • Oct. 1, 2015 -
Large utility mergers dramatically slower than others at 316 days
A Bloomberg analysis said deals valued at more than $3 billion take an average of 316 days to reach completion, making such deals the slowest-moving in the sector.
By Robert Walton • Oct. 1, 2015 -
Hunt files $18B bid with Texas regulators to buy Oncor
Hunt's proposal seeks to convert Oncor into a real estate investment trust, a structure that's already raised eyebrows in the power sector.
By Gavin Bade • Sept. 30, 2015 -
SoCalEdison unveils new storage buys and RFO for distributed energy
The utility's request for offers officially names storage as an "eligible preferred resource."
By Herman K. Trabish • Sept. 30, 2015 -
Duke settles North Carolina coal ash case for $7M
Environmentalists say regulators capitulated to the utility's demands, and Duke says the penalty doesn't amount to a fine.
By Herman K. Trabish • Sept. 29, 2015 -
CPUC puts PG&E electric vehicle charging program on hold
The commission will hold more hearings to determine the impact of utility EV charging investments on private charger builders and customers without electric cars.
By Herman K. Trabish • Sept. 29, 2015 -
Exelon in talks with DC mayor on merger settlement
The city, which in August rejected the Pepco-Exelon merger, confirmed it is involved in "substantive discussions" with both companies that could lead to a settlement and new application.
By Robert Walton • Sept. 29, 2015 -
Deep Dive
CPS Energy tackles the cost shift by building solar on its own terms
San Antonio muni CPS Energy has designed a utility solar program it believes is a winner for the customer, the installer and the utility – and will work for IOUs, too.
By Herman K. Trabish • Sept. 29, 2015 -
Deep Dive
How storage will shape the future of concentrated solar power
CSP may not be the hottest topic in the solar or storage sectors, but its backers point out that it offers large scale renewable generation that is in many cases fully dispatchable.
By Herman K. Trabish • Sept. 29, 2015 -
Newly-opened NJ offshore wind tract could yield 3,400 MW of capacity
The federal government has opened nearly 350,000 acres of ocean off the coast of New Jersey to wind development in a bid to meet President Obama's clean energy goals.
By Herman K. Trabish • Sept. 28, 2015 -
Entergy brings Mississippi's first utility solar pilot project online
The 500 kW arrays will allow the utility to test solar economics and feasibility.
By Herman K. Trabish • Sept. 25, 2015 -
TECO shareholders file suit over $10.4B sale price
The lawsuit alleges the deal greatly favors Emera and leaves TECO investors with too little return.
By Robert Walton • Sept. 24, 2015 -
As solar cap looms, installers ask CA regulators for interim metering measures
Companies in San Diego Gas & Electric territory say business could soon come to a standstill as the region approaches its net metering cap.
By Herman K. Trabish • Sept. 23, 2015 -
Deep Dive
Negative RECs for community solar: Market failure or utility opportunity?
Bidding has driven prices for Renewable Energy Credits for community solar projects into negative territory in Colorado, and installers say that constrains their ability to serve all customers.
By Herman K. Trabish • Sept. 23, 2015 -
What's TECO's coal business worth? Possibly $0.
TECO Energy has closed on the sale of its coal mining subsidiary, and the sales agreement included no up-front payment.
By Robert Walton • Sept. 23, 2015 -
Lincoln, Neb. muni approves $2.25 fixed charge increase
Lincoln Electric System wants to shift recovery of fixed costs for grid maintenance and upgrades to the fixed charge portion of the residential customer bill over the next eight to ten years.
By Herman K. Trabish • Sept. 22, 2015 -
Portland General Electric could join CAISO Energy Imbalance Market
PGE reportedly turned away from the Northwest Power Pool to take advantage of millions in savings being realized by the imbalance market.
By Herman K. Trabish • Sept. 22, 2015 -
Updated: Tesla Gigafactory will cut battery costs 50%, analyst says
Enhanced economies of scale will drive costs for both battery cells and packs down, a Jefferies analyst said.
By Krysti Shallenberger • Sept. 22, 2015 -
As deadline looms, Exelon supporters, opponents lobby DC mayor over Pepco merger
Regulators in the District of Columbia rejected Exelon's bid to acquire Pepco Holdings in August and now both sides of the case are pushing the mayor to weigh in.
By Robert Walton • Sept. 21, 2015