Corporate News: Page 145
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Opower set to IPO this week
Despite losing money last year, Opower would command a $993 million market value at the midpoint of its price range.
By Davide Savenije • April 1, 2014 -
Report: Florida utilities spend big on lobbying efforts
Millions of dollars equal outsized influence, according to Florida Integrity.
By Kathy Larsen • April 1, 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 -
IOUs hit record $17.5B in transmission spending in 2013
Companies have $60.6 billion in projects on drawing boards.
By Kathy Larsen • March 30, 2014 -
Shareholders grill Duke Energy on coal ash fiasco
Big investment funds demand an independent investigation.
By Kathy Larsen • March 28, 2014 -
NRG buys 8th-largest U.S. solar installer
The company already has an installer network, but NRG wants to become a leader in the rooftop solar business.
By Kathy Larsen • March 27, 2014 -
Deep Dive
EcoFactor bets the house on residential energy management
"People want to save energy," CEO Roy Johnson told Utility Dive. "What they don’t want to do is spend any time doing it.”
By Davide Savenije • March 27, 2014 -
Deep Dive
NRG CEO: Who's going to empower the American energy consumer?
David Crane wants NRG Energy to become the Amazon, Apple, Facebook and Google of the power sector.
By Davide Savenije • March 27, 2014 -
Facing end of tax credit, solar developers may take merchant-seller route
Loss of 30% tax credit spurs different market models.
By Kathy Larsen • March 27, 2014 -
Are severe winter power price spikes the new normal?
It was an exceptionally cold winter this year, but the coincident power price inflation may not be one-shot deals.
By Kathy Larsen • March 26, 2014 -
SolarCity completes largest ever solar aggregation financing
Company increases its leadership of the solar rooftop buildout, and enters Africa market, too.
By Kathy Larsen • March 25, 2014 -
FirstEnergy to pass polar vortex costs on to customers
FirstEnergy Solutions to impose one-time surcharge to cover high wholesale power costs
By Kathy Larsen • March 25, 2014 -
New Jersey seeks to undo ban on Tesla direct sales
Proposal would reverse Christie administration rule forcing the electric vehicle maker to sell through dealers.
By Kathy Larsen • March 25, 2014 -
Public power utilities get risk management relief
The Commodity Futures Trading Commission put government-owned utilities on the same footing as other energy companies for "swaps" hedging deals.
By Kathy Larsen • March 25, 2014 -
ConEd, Sempra team up on five solar projects
The projects total 360 MW.
By Davide Savenije • March 24, 2014 -
FERC rebukes Montana PSC for impeding renewable projects
FERC issued a declaratory ruling that would allow Montana regulators to remove "unreasonable obstacles" to the development of renewable power projects -- or face legal action.
By Davide Savenije • March 23, 2014 -
Ex-DOE chief explains how to solve the utility death spiral
Many utilities are fighting rooftop solar in the regulatory arena, but Steven Chu believes utilities can profit from distributed generation given the right business models.
By Davide Savenije • March 23, 2014 -
Regulators: Duke Energy illegally pumped ash pond water into river
Duke Energy illegally pumped up to 61 million gallons of water from an ash basin into the Cape Fear River, according to state regulators.
By Ethan Howland • March 21, 2014 -
ITC Holdings eyes Texas for power line growth
ITC Holdings wants to build power lines in Texas, despite its bid to buy Entergy's transmission system collapsing last year.
By Ethan Howland • March 20, 2014 -
Deep Dive
Comverge CEO: Demand response is not just for emergencies
The promise of demand response is to perform just like generation, Blake Young told Utility Dive.
By Davide Savenije • March 20, 2014 -
We Energies can't find buyer for coal plant
No bidders have stepped forward to buy the 431-MW Presque Isle power plant on Michigan's Upper Peninsula from We Energies.
By Ethan Howland • March 20, 2014 -
Indiana court ruling clears way for controversial Duke Energy rate hike
An Indiana appeals court upheld a decision by state utility regulators to pass on Duke Energy's costs for building the $3.5 billion Edwardsport coal gasification plant to ratepayers.
By Ethan Howland • March 20, 2014 -
First Solar shifts focus to rooftop solar
First Solar plans to increasingly focus on rooftop solar projects because demand for utility-scale solar farms is dropping.
By Ethan Howland • March 19, 2014 -
Duke Energy may shut down coal plants over ash spills
Duke Energy may shut down 930-MW of coal-fired capacity in addition to long-announced plans.
By Ethan Howland • March 19, 2014 -
Analysts: Tesla becoming big player in energy storage
Goldman Sachs and Morgan Stanley analysts see Tesla Motors becoming a major player in grid storage.
By Ethan Howland • March 19, 2014 -
Fitch: Merchant generators under financial pressure
Merchant generators face pressure from low power and gas prices, coupled with rising environmental costs and tepid sales growth because of energy efficiency and renewable generation, according to Fitch.
By Ethan Howland • March 18, 2014