Corporate News: Page 133
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OGE breaks even in Q2 as utility eyes $1.1B in emissions costs
The utility wants to clean up its coal and natural gas but it’s going to cost customers.
By Herman K. Trabish • Aug. 9, 2014 -
SolarCity losing money but keeps growing fast
The company got more installs faster and cheaper than ever in Q2 2014 but is still spending faster than it is getting.
By Herman K. Trabish • Aug. 9, 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 -
Minnesota regulators turn away from value-of-solar concept
Community garden rates will be tied to fuel costs instead of solar’s calculated value.
By Herman K. Trabish • Aug. 9, 2014 -
NRG to close, convert or retrofit 4 Illinois coal plants
One plant will be shuttered, another will be switched to natural gas and two more will receive environmental retrofits.
By Herman K. Trabish • Aug. 7, 2014 -
Avista quadruples earnings on sale of Ecova subsidiary
Meanwhile, Washington electric customers ask for a rate cut from the now profitable utility.
By Herman K. Trabish • Aug. 7, 2014 -
El Paso Electric increases profit on decreased sales
A $2.1 billion benefit for efficient Palo Verde nuclear operations kept the utility in the black.
By Herman K. Trabish • Aug. 7, 2014 -
Duke Energy earnings jump 80% on higher rates, warm weather
Weather-normalized electric sales grew 1.6% over the last 12 months.
By Davide Savenije • Aug. 7, 2014 -
CenterPoint earnings up as utilities experience customer growth, mild weather
Per customer electricity consumption has stayed flat, but the number of customers continues to grow.
By Davide Savenije • Aug. 7, 2014 -
U.S. utilities signed up for 3 GW of utility-scale solar in the last year
Utilities and developers who think past the ITC can lock in today’s low prices.
By Herman K. Trabish • Aug. 6, 2014 -
Ameren earnings up 57% on nuclear refueling shift, warmer weather
Ameren kept Q2 income up by keeping its nuclear plant online to meet rising demand cooling.
By Herman K. Trabish • Aug. 6, 2014 -
TVA posts $81M loss on shrinking electric sales
To slash $500 million in costs, the utility plans to cut over 2,000 jobs.
By Davide Savenije • Aug. 6, 2014 -
2nd-biggest U.S. residential solar installer files for IPO, sources say
Vivint Solar is one of the biggest competitors for SolarCity -- and utilities.
By Davide Savenije • Aug. 6, 2014 -
FirstEnergy CEO: Competitive markets 'are clearly in transition'
Operating earnings for the company fall on high expenses at its regulated utilities and lower margins at its competitive arm.
By Davide Savenije • Aug. 6, 2014 -
Mississippi Power to buy renewables, convert coal units
Sierra Club reached a settlement with the Southern Co. subsidiary over the construction of the Kemper IGCC plant.
By Herman K. Trabish • Aug. 5, 2014 -
Will fixed charges on rooftop solar drive consumers off-grid?
With the price of solar-plus-storage dropping, a bill charge could make using the grid too costly.
By Herman K. Trabish • Aug. 5, 2014 -
FirstEnergy wants regulated utilities to subsidize unregulated power fleet
FirstEnergy has filed rate plans for its regulated utilities to buy power from retail electricity seller FirstEnergy Soluitons.
By Herman K. Trabish • Aug. 5, 2014 -
Ameren CEO: EPA emissions rule is 'unworkable'
Ameren says the EPA rule asks for too much too soon and may be illegal.
By Herman K. Trabish • Aug. 5, 2014 -
Warren Buffett has $55B to burn. Will he buy a utility?
Berkshire Hathaway is waiting for a "fat pitch," Bloomberg reports.
By Davide Savenije • Aug. 5, 2014 -
Xcel Energy's electric sales continue to grow
But CEO Ben Fowke is "hesistant to call this a trend."
By Davide Savenije • Aug. 5, 2014 -
Edison CEO: 'We are bullish about our long-term growth opportunities'
Q2 earnings way up for Southern California Edison parent company as the utility positions itself for a distributed energy future.
By Davide Savenije • Aug. 5, 2014 -
Problems with coal deliveries threaten grid reliability in Midwest
Xcel, Dairyland Power, other utilities report plants many not be able to meet demand peaks.
By Herman K. Trabish • Aug. 4, 2014 -
Deep Dive
How should utilities value solar?
Solar is a revenue opportunity utilities can no longer ignore.
By Herman K. Trabish • Aug. 4, 2014 -
SoCal Edison inks deal for 1.3 GW of new solar
The utility looks ahead to 2020 -- when California IOUs are supposed to hit their 33% renewable portfolio standards.
By Davide Savenije • Aug. 4, 2014 -
Canadian utility recalls Sensus smart meters after unexplained fires
SaskPower is the latest utility to replace its meters.
By Davide Savenije • Aug. 4, 2014 -
Xcel creates two new transmission companies
Two new Xcel subsidiaries will compete in the Southwest Power Pool and the Midcontinent Independent System Operator.
By Herman K. Trabish • Aug. 4, 2014