Corporate News: Page 132
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PG&E CEO: Billions in San Bruno explosion fines will not bankrupt us
Large fines could, however, send the utility into capital markets in search of financing.
By Robert Walton • Aug. 21, 2014 -
AES sees lithium ion batteries as future of energy storage business
The company says lithium-ion storage is cheaper than gas peaking plants.
By Robert Walton • Aug. 21, 2014 -
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 -
Deep Dive
The 10 states with the highest electricity prices
The most expensive state's electricity prices are three times the national average.
By Davide Savenije • Aug. 20, 2014 -
Tucson Electric Power proposes new utility-owned rooftop solar program
The move comes shortly after Arizona Public Service proposed its own rooftop solar project.
By Robert Walton • Aug. 20, 2014 -
Solar industry faces looming module supply shortage, possible price spikes
Installations could be up 30% this year, challenging the industry’s module-making capacity.
By Herman K. Trabish • Aug. 19, 2014 -
Pinnacle West forms new company to develop transmission out West
The two companies formed a 50-50 partnership to pursue the recently-approved Delaney-Colorado River 500 kV line.
By Robert Walton • Aug. 19, 2014 -
IPL to convert last Harding Street coal unit to gas
With federal emission and pollution regulations, gas is the “least-cost option.”
By Herman K. Trabish • Aug. 18, 2014 -
Boulder to spend 'significantly more' as municipalization kicks into high gear
With $30 million in annual profits at stake, Xcel’s resistance could make the plan unaffordable.
By Herman K. Trabish • Aug. 18, 2014 -
PJM sees highest power prices since 2008
The 84% increase over the first half of 2013 is not expected to be a trend.
By Herman K. Trabish • Aug. 18, 2014 -
Billionaire-backed group protests Florida governor's relationship with Duke Energy
A protest took place at the utility's state headquarters as a new commercial aired on TV.
By Robert Walton • Aug. 17, 2014 -
Public opinion mixed on Indianapolis Power & Light's electric car-sharing plans
IPL and the city of Indianapolis have partnered with Bollore to provide an electric vehicle sharing program, but there are concerns over who will pay for it.
By Robert Walton • Aug. 15, 2014 -
Emerson wants to sell transmission business for $1B or more
The industrial conglomerate will divest transmission to focus on bigger growth areas.
By Herman K. Trabish • Aug. 14, 2014 -
With utilities fearing outages, BNSF promises to step up Midwest coal deliveries
Xcel, Dairyland Power, other utilities report plants many not be able to meet winter demand peaks.
By Herman K. Trabish • Aug. 14, 2014 -
NRG buys Goal Zero to sell portable solar-plus-storage
The biggest independent U.S. power producer will sell kilowatt solar power packs.
By Herman K. Trabish • Aug. 14, 2014 -
Report: Only 26% of U.S. utilities have mobile apps
Many utilities are lagging behind on digital strategy, according to Booz Allen Hamilton.
By Davide Savenije • Aug. 14, 2014 -
Deep Dive
Is strong electric sales growth ever coming back?
Power sales are up, but is it a trend?
By Robert Walton • Aug. 14, 2014 -
UNS-Fortis merger clears last hurdle
Arizona regulators have given their approval.
By Robert Walton • Aug. 14, 2014 -
LG&E/KU pull plans for new natural gas plant
Nine municipal customers pull 320 megawatts of contracts, changing LG&E/KU plans.
By Herman K. Trabish • Aug. 13, 2014 -
SCANA's 1,117 MW addition to Summer Nuclear Station gets delayed another year
Co-owners SCE&G and Santee Cooper must re-plan to meet increased cost and cash-flow needs.
By Herman K. Trabish • Aug. 13, 2014 -
Deep Dive
Is Puerto Rico the new poster child for the utility death spiral?
The island's main utility faces different challenges than mainland utilities but the death spiral is the same.
By Herman K. Trabish • Aug. 13, 2014 -
Previously put up for sale, NextEra takes Maine's biggest power plant off the market
The 57-year-old plant was a lifeline for New England when gas supplies failed last winter.
By Herman K. Trabish • Aug. 12, 2014 -
Hawaiian Electric earnings up as island recovers from storm
Storm restoration continues as the company tries to show regulators it can overhaul its utilities.
By Robert Walton • Aug. 12, 2014 -
NRG crowdsources search for executive to run new home energy unit
Up to $100,000 goes to the winning referral.
By Davide Savenije • Aug. 12, 2014 -
NRG Energy loses money during mild spring
CEO David Crane said he does not recall "a first half of the year where we were so whipsawed by the weather."
By Robert Walton • Aug. 11, 2014 -
Deep Dive
Has APS invented a rooftop solar business model for utilities?
Regulators must decide if Arizona Public Service's rooftop solar proposal is a breakthrough or a threat.
By Herman K. Trabish • Aug. 11, 2014