Corporate News: Page 140
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Exelon nuclear plants may retire after failing to secure new contracts
The plants' futures are at risk without new capacity contracts for 2017-18.
By Claire Cameron • May 27, 2014 -
NextEra buys 250 MW solar plant from First Solar
The power will go to Southern California Edison.
By Herman K. Trabish • May 27, 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 -
Power prices double in PJM's capacity auction
Good news for generators.
By Claire Cameron • May 26, 2014 -
Shareholders sue Duke Energy over coal ash fiasco
The utility's challenges stemming from the Dan River coal ash spill continue to grow.
By Claire Cameron • May 26, 2014 -
Southern Co. and Ted Turner buy 50 MW solar farm
El Paso Electric will be the project's offtaker at less than six cents per kilowatt-hour.
By Herman K. Trabish • May 26, 2014 -
Barclays downgrades entire US electric utility sector
Solar-plus-storage could "reconfigure the organization and regulation of the electric power business."
By Herman K. Trabish • May 26, 2014 -
Bipartisan bill would open door to clean energy in IL
Exelon and environmentalists both support the bill.
By Claire Cameron • May 23, 2014 -
Deep Dive
How Georgia Power became a top 10 solar utility
Why did the Southern Co. subsidiary come to love solar and can other utilities do the same?
By Herman K. Trabish • May 22, 2014 -
Homeland Security confirms utility was hacked
The control system for a utility-owned mechanical device was hacked in the first months of this year, according to a new report from the Department of Homeland Security's cybersecurity monitor.
By Claire Cameron • May 21, 2014 -
NJ regulators approve $1B of PSEG's Energy Strong project
$3.9 billion in infrastructure improvements were proposed after Hurricane Sandy.
By Claire Cameron • May 21, 2014 -
Dominion CEO adds civil war movie to portfolio
Making a movie is much like running a utility, said Thomas Farrell II.
By Claire Cameron • May 21, 2014 -
Brookfield buys Exelon's 67% stake in 417 MW hydro facility
The move gives the company full ownership of the Safe Harbor hydroelectric facility in Pennsylvania.
By Claire Cameron • May 20, 2014 -
Southern Co. looks to expand in energy markets
The company wants to enter the organized electricity markets in the U.S. in the hope of new business, while selling its carbon capture technology abroad.
By Claire Cameron • May 20, 2014 -
Exelon CEO earns utility industry's highest 2013 compensation
Christopher Crane was paid the highest compensation in 2013 of any utility company CEO, despite falling stock prices and disagreements with industry analyst predictions over the company's future.
By Claire Cameron • May 19, 2014 -
ConEd CEO outlines T&D, efficiency investments
The utility is investing $2.5 billion annually to upgrade and maintain facilities, CEO John McAvoy told shareholders.
By Claire Cameron • May 19, 2014 -
Integrys expects large rate base growth
Subsidiary Wisconsin Public Service expects rates to rise due to infrastructure investment.
By Claire Cameron • May 18, 2014 -
Duke Energy to build 750 MW natural gas plant in SC
The plant is expected to come online by 2017.
By Claire Cameron • May 18, 2014 -
Georgia Power, US Army partner on 90 MW of solar
The Southern Company subsidiary will build and operate three utility-scale solar arrays.
By Herman K. Trabish • May 17, 2014 -
PNM wary of all-in approach to renewables
The company supports more renewable generation, but insists grid reliability and cost have to be taken into account.
By Claire Cameron • May 16, 2014 -
Deep Dive
How New York is reinventing the electric utility
NY PSC: "Distributed System Platform Providers" are the utility of the future.
By Claire Cameron • May 16, 2014 -
NRG, Calpine try to quash Texas transmission project
The companies filed a complaint with the Texas PUC, saying a new power line has not been properly assessed for need and cost.
By Claire Cameron • May 16, 2014 -
Austin Energy inks 150 MW solar deal
Solar developer Recurrent Energy will build Texas' largest solar installation.
By Claire Cameron • May 16, 2014 -
NY regulators take FERC to court
At issue is FERC's decision to create a capacity zone in the Hudson Valley.
By Claire Cameron • May 14, 2014 -
Exelon CEO: Nuclear isn't going anywhere
Changing market conditions have improved the economics of Exelon's nuclear fleet.
By Claire Cameron • May 14, 2014 -
Deep Dive
Do utilities know what their customers really want?
Deloitte: Energy companies that figure out "behavioral connectivity" will be winners.
By Davide Savenije • May 14, 2014