Corporate News: Page 110
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Weather, operating performace push Duke earnings higher
After missing expectations for the two previous quarters, Duke exceeds analysts' predictions.
By Robert Walton • May 4, 2015 -
PSEG earnings get a boost from weather, settlement of Sandy claims
An insurance settlement related to Superstorm Sandy provided more than $200 million.
By Robert Walton • May 4, 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 -
Wisconsin approves We Energies-Integrys merger
Regulators attached conditions to the merger approval, including returning sharing excessive profits with customers.
By Robert Walton • May 4, 2015 -
Xcel subsidiary Northern States Power tests community solar in Wisconsin
A proposed 3 MW offering comes in response to co-ops’ development of solar.
By Herman K. Trabish • May 1, 2015 -
Deep Dive
All you need to know about Tesla's big battery announcement
Elon Musk revealed two batteries, a possible 250 MW utility project, and his longstanding ambition to "fundamentally change the way the world uses energy."
By Davide Savenije • May 1, 2015 -
Deep Dive
What you missed at CS Week: How the utility-customer relationship is changing
Utilities need to change the way they think about customers or go the route of the landline telephone, Duke's CEO said in the keynote address.
By Gavin Bade • May 1, 2015 -
San Bruno penalty slashes PG&E earnings
The company tallied $584 million in non-recurring costs, the bulk of which related to the San Bruno explosion in 2010.
By Robert Walton • May 1, 2015 -
Southern Co. profits boosted by lower Kemper construction charges
Southern's earnings included a $6 million after-tax charge related to construction of the Kemper power facility.
By Robert Walton • May 1, 2015 -
Entergy eyeing up to $300M investment in natural gas reserves
The utility said the potential to invest in natural gas reserves will largely hinge on a regulatory proceeding ongoing in Louisiana.
By Robert Walton • May 1, 2015 -
NRC approves DTE Energy to construct new nuclear generator
But due to the low cost of gas-fired generation and Michigan's regulatory structure, it is doubtful the facility will ever be built.
By Robert Walton • May 1, 2015 -
Edison earnings rise, but comparisons 'not meaningful' until rate case decision
Southern California Edison's first quarter revenues were largely based around revenue requirements which are expected to change.
By Robert Walton • April 30, 2015 -
Exelon earnings exceed guidance, driven by Pennsylvania utility business
Favorable weather and higher sales in its PECO service territory helped boost first quarter earnings.
By Robert Walton • April 30, 2015 -
Entergy earnings fall, but industrial sales continue to grow
It was a "productive first quarter" for the New Orleans utility, according to Entergy Chairman and CEO Leo Denault.
By Robert Walton • April 30, 2015 -
PJM names new CEO; Terry Boston to step down later this year
Following a transitional period, Andrew Ott will serve as PJM's newest president and CEO.
By Robert Walton • April 30, 2015 -
Hawaii lawmakers agree on 100% renewables by 2045 mandate
The proposed law would give Hawaii the most ambitious U.S. renewables standard—by far.
By Herman K. Trabish • April 29, 2015 -
Xcel Energy to limit size of community solar, slashing project pipeline by 80%
The utility wants to prevent co-located solar gardens totaling over 1 MW.
By Herman K. Trabish • April 29, 2015 -
AES plans ambitious 1,000 MW expansion in battery storage
AES Energy Storage says it will add 1,000 MW of capacity to its world-leading 86 MW.
By Herman K. Trabish • April 28, 2015 -
Utility buy-in fuels a boom in Colorado community solar
Xcel Energy is nurturing growth and Duke Energy likes the idea.
By Herman K. Trabish • April 28, 2015 -
Cold winter boosts DTE Energy's Q1 earnings
The utility reduced natural gas and electricity prices in the first quarter of the year.
By Robert Walton • April 28, 2015 -
Illinois AG will investigate controversial MISO capacity auction
Capacity prices in Illinois have shot up, and the potential for higher rates has officials asking questions.
By Robert Walton • April 27, 2015 -
Tesla's new home battery will have a lease option: report
A $1500 payment, followed by $15 monthly payments for 10 years will get you a battery system to integrate with your rooftop solar array, the Guardian reports.
By Gavin Bade • April 27, 2015 -
Mississippi Power announces 53 MW of new solar generation
The two projects represent the largest solar installations in Mississippi to date.
By Robert Walton • April 27, 2015 -
Michigan regulators approve We Energies-Integrys merger
Regulators in three more states must sign off on the $9 billion merger.
By Robert Walton • April 27, 2015 -
Gas development: Not just for gas companies anymore
Companies that use natural gas are beginning to invest in that sector as a hedge against price volatility.
By Robert Walton • April 24, 2015 -
Kentucky utilities drop fixed charge increase proposal in rate case settlement
There will be no change to customers' monthly fees, which had been the most contentious portion of the case.
By Robert Walton • April 24, 2015