Corporate News: Page 27
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Corporate carbon reduction targets get boost with new EEI, WRI utility emission rate tool
The database, now containing information from about half of the Edison Electric Institute's members, helps customers calculate more easily the emissions related to their energy use.
By Iulia Gheorghiu • June 22, 2020 -
Xcel to speed up $3B in clean energy spending in response to Minnesota prompt on COVID-19 recovery
The utility plans to aid the state's economic recovery through a variety of programs, including energy efficiency, renewables and storage, that would create an estimated 5,000 jobs.
By Iulia Gheorghiu • June 19, 2020 -
Explore the Trendlineâž”
Kevork Djansezian via Getty Images
TrendlineSustainability
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 -
Getty Images
Rocky Mountain Institute, Emerald Ventures join forces to address funding drought for energy startups
The U.S. nonprofit and the Swiss investment firm hope to transcend competition and encourage innovation in pursuit of sustainable success for all parties through two new initiatives.
By Emma Penrod • June 18, 2020 -
Guilty pleas, victim impact statements could have slew of implications for PG&E, stakeholders say
U.S. Bankruptcy Judge Dennis Montali plans to issue an order Friday confirming the utility's reorganization plan, putting it on track to resolve billions of dollars in liabilities from wildfires it caused and emerge from bankruptcy.
By Kavya Balaraman • June 18, 2020 -
Retrieved from Lyft on June 17, 2020
Lyft pledges all-EV fleet by 2030
The ride-hailing company said it would work with drivers to transition their cars to electric vehicles, a move it called a "radical shift in strategy."
By Chris Teale • June 18, 2020 -
SCE, Sunrun partner on solar+storage virtual power plant pilot to drive down peak demand
The utility hopes to encourage greater buildout of residential solar+storage through the initial 300 customer program.
By Iulia Gheorghiu • June 17, 2020 -
Wikipedia
Cleantech incubator Greentown Labs expands to Houston
The incubator will offer testing space to early stage, climate-focused companies in an effort to make Houston the "energy transition capital of the world."
By Chris Teale • June 17, 2020 -
'A historic moment': PG&E pleads guilty to involuntary manslaughter, as judge plans to greenlight bankruptcy plan
“I make this plea with great sadness and regret, and with eyes wide open to what happened and to what must never happen again,” PG&E Corp. President and CEO BIll Johnson said at a county court hearing.
By Kavya Balaraman • June 17, 2020 -
AdobeStock/Vasyl
Sponsored by West Monroe PartnersSix ways utilities can deliver the "care" in customer care
Set up your organization for long-term success by building loyalty and goodwill with customers.
By Michael Manfredo, Senior Principal, Customer Experience, West Monroe & Mike Patelski, Senior Manager, Energy & Utilities, West Monroe • June 17, 2020 -
PG&E to plead guilty on 84 counts of involuntary manslaughter ahead of bankruptcy court decision
At a hearing this morning, the Butte County, California, District Attorney will show photographs of all the people who died in the 2018 Camp Fire.
By Robert Walton • June 16, 2020 -
Supreme Court lifts major hurdle to $7.5B Atlantic Coast Pipeline
Pipeline opponents say Duke and Dominion have many more barriers to overcome on the long-delayed project. Dominion requested a two-year extension on the project on Tuesday.
By Iulia Gheorghiu • Updated June 18, 2020 -
As US reopens some pandemic responses may become permanent, public power CEOs say
After COVID-19 forced an unexpected experiment in teleworking, CEOs from multiple public utilities say some of their employees will continue to work from home — maybe permanently.
By Emma Penrod • June 11, 2020 -
Alabama regulators greenlight nearly 2 GW of gas for Southern, punt on solar+storage
Regulators said 400 MW in solar and storage facilities should be considered in a separate docket, but did approve 200 MW in demand side management programs.
By Iulia Gheorghiu • June 10, 2020 -
Daimler, Volvo establish subsidiary for fuel-cell electric trucks
The German OEM has a two-pronged strategy on electric trucks, with differing approaches in Europe and the U.S.
By Jim Stinson • June 9, 2020 -
Photo illustration by Brian Tucker/Utility Dive; photograph by tommaso79 via Getty Images
OpinionUtility exec and consumer advocate: Arrearage management programs are a win for customers and utilities
These programs can be particularly useful when current utility shut-off moratoriums expire — it is estimated the residential electric sector alone may see a total increase in past due bills of more than $15 billion by early summer.
By Penni Conner and Charlie Harak • June 8, 2020 -
Victims blast PG&E bankruptcy plan, citing fire risk and payout concerns as approval deadline nears
Not confirming PG&E's reorganization plan could have "draconian" results, an attorney for the company told U.S. Bankruptcy Judge Dennis Montali last week.
By Kavya Balaraman • June 8, 2020 -
Opinion
Renewables' potential depends on transparent and fair policies, not special interest giveaways
FirstEnergy spinoff Energy Harbor is receiving a $1 billion taxpayer bailout while also enriching its shareholders with an $800 million stock buyback. This is crony capitalism at its worst, the author writes.
By Michael K. Dorsey • June 5, 2020 -
Herman K. Trabish
Deep DiveThe 3 key challenges to expanding the West's real-time energy market to day-ahead trading
Driven by new Western state renewables and zero emissions mandates, the 11 active participants and nine new applicants in the Energy Imbalance Market are pushing to expand it to day-ahead trading.
By Herman K. Trabish • June 3, 2020 -
CPUC approves PG&E reorganization plan, paving way for bankruptcy exit
"We have put the guideposts in place, but PG&E needs to own its own transformation," CPUC President Marybel Batjer said.
By Kavya Balaraman • Updated Nov. 25, 2020 -
Southern targets net zero carbon by 2050
CEO Tom Fanning said the company will achieve the new goal by continuing its energy efficiency investments and using carbon negative solutions, like planting trees and direct air carbon capture.
By Iulia Gheorghiu • May 28, 2020 -
PG&E enters last stretch of bankruptcy deadline as plan confirmation hearing begins
The California Public Utilities Commission is scheduled to vote on approving the utility's plan Thursday.
By Kavya Balaraman • May 27, 2020 -
Green Mountain Power expands BYOD and Tesla battery programs as it targets fossil peakers
The utility claims to be the first in the country to offer rate discounts for the use of distributed energy storage to lower peak energy demand across its system.
By Iulia Gheorghiu • May 26, 2020 -
Yujin Kim/Utility Dive
ColumnTaking Charge: Coronavirus has disrupted much of ComEd, but some things don't change, COO Donnelly says
As the utility’s workforce ages, the Exelon subsidiary can’t pause its hiring and worker certifications during the pandemic, says President and Chief Operating Officer Terry Donnelly.
By Iulia Gheorghiu • May 26, 2020 -
Tax equity financing for renewables remains robust, but deal delays likely, Morgan Stanley, others agree
The COVID-19 pandemic and economic downturn have only created a slight headwind against the pressure for renewable energy projects to close financing as soon as possible in order to qualify for tax credits.
By Matthew Bandyk • May 26, 2020 -
Deep Dive
As utilities tackle immediate COVID-19 impacts, analysts stress need to focus beyond the pandemic
Power systems across the country need new approaches for today's shifting loads, but focusing on recovery and tomorrow’s resources can be even better, analysts say.
By Herman K. Trabish • May 20, 2020
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