Corporate News: Page 104
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In new twist, Hunt Consolidated now in the lead to acquire Oncor
It now appears that Hunt Consolidated has momentum amongst a group of companies looking to acquire the largest utility in Texas.
By Robert Walton • July 27, 2015 -
Deep Dive
What's next for the NextEra-Hawaiian Electric deal?
Stakeholders say NextEra 'needs a hearing aid,' not another lobbyist.
By Herman K. Trabish • July 26, 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 -
Puerto Rico's ailing utility PREPA rejects debt restructuring plan
The Puerto Rico Electric Power Authority says a proposal to help it deal with more than $8 billion in debt is unfair and places too much risk on customers.
By Robert Walton • July 24, 2015 -
Hawaii regulators pushed to consider co-op as alternative to HECO merger
The filing marks the first time regulators have formally been asked to consider a co-op as an alternative to the sale of Hawaii's dominant electric provider.
By Herman K. Trabish • July 24, 2015 -
Strong earnings from AEP: Gas drilling industry fueling power sales
The generator saw load growth among all customer segments, though the industrial segment is moderating.
By Robert Walton • July 24, 2015 -
Hewlett-Packard and Amazon Web Services join list of corporate buyers of wind
Big private sector names move to renewables to hedge against fossil fuel price volatility.
By Herman K. Trabish • July 23, 2015 -
Deep Dive
For top utilities, customer satisfaction hinges on empowerment
It's not enough to provide reliable, affordable power anymore. If you want satisfied customers, you've got to provide them with timely, actionable information.
By Robert Walton • July 22, 2015 -
Cost overruns in SPP transmission projects draw ire of RTO's leaders
Over 85% of projects in SPP’s current pipeline have cost estimates that are inaccurate by 30% or more.
By Herman K. Trabish • July 22, 2015 -
Hawaii Gov. Ige opposes NextEra acquisition of Hawaiian Electric
Governor Ige has “serious reservations” about NextEra’s readiness to meet the state's aggressive energy goals.
By Herman K. Trabish • July 22, 2015 -
SC regulators approve final deal between Duke, solar installers
Duke will begin expanding its South Carolina solar portfolio with a 53 MW RFP.
By Herman K. Trabish • July 21, 2015 -
SunEdison moves into rooftop solar with Vivint acquisition
The move aims to make the vertically integrated developer competitive with installers like SolarCity.
By Herman K. Trabish • July 21, 2015 -
PPL spinoff Talen buys 2,500 MW of gas capacity
Talen Energy will pay $1.175 billion for three gas-fired facilities in New York, Massachusetts and Arizona.
By Robert Walton • July 21, 2015 -
TECO Energy confirms it is considering sale, shares spike
Shares of the Florida utility surged last week to their highest values in months.
By Robert Walton • July 20, 2015 -
HECO launches community solar pilot project
Subscribers are expected to cut bills by 45% and HECO guarantees 80% of the savings.
By Herman K. Trabish • July 20, 2015 -
Deep Dive
New software offerings help utilities boost community solar programs
Competition is heating up in the software-as-a-service field for shared solar.
By Herman K. Trabish • July 16, 2015 -
AMS, SunEdison partner on 50 MW of strategic storage for SCE
The batteries will perform peak shaving and load shifting to relieve distribution system stresses.
By Herman K. Trabish • July 16, 2015 -
Alabama Power seeks up to 500 MW of solar power
Over a six-year stretch, the utility wants to pursue a series of projects up to 80 MW each, for a total of up to 500 MW of renewable genration.
By Robert Walton • July 16, 2015 -
FirstEnergy will spin off remaining transmission assets, form new subsidiary
The company says a separate transmission company will be able to finance projects at a lower cost.
By Gavin Bade • July 15, 2015 -
San Diego Gas & Electric proposes unique customer-sited energy storage rate
The utility wants regulators to approve discounts for customers who allow the utility to utilize their home batteries for grid services.
By Herman K. Trabish • July 15, 2015 -
DOE funding suspended for ailing CA carbon capture project
The HECA project failed to meet developmental deadlines, an agency spokesperson said.
By Gavin Bade • July 14, 2015 -
Iberdrola breaks ground on first large wind farm in Southeast US
The 208 MW wind farm shows how new turbine technology is opeining new and unexpeted areas to wind development.
By Herman K. Trabish • July 14, 2015 -
NH governor signs bill allowing Eversource to sell generation fleet
If approved by regulators, Eversource will be the final utility in the state to divest from its plants and buy all its power on the open market.
By Gavin Bade • July 14, 2015 -
IPL breaks ground on 20MW storage facility for MISO ancillary services
AES Energy Storage installation will provide MISO with system balancing ancillary services.
By Herman K. Trabish • July 14, 2015 -
Clean Energy Collective lands deal for CPS Energy's first community solar
CEC is building the first two community solar projects in Texas.
By Herman K. Trabish • July 13, 2015 -
NRC reopens Diablo Canyon nuclear plant license extension case
PG&E says the nuclear facility can endure a 10,000 year earthquake, but critics are concerned about recently-discovered fault lines.
By Herman K. Trabish • July 10, 2015