Corporate News: Page 42
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Puerto Rico proposes largest solar, storage buildout in US with 20-year draft resource plan
Adding over 2,220 MW of solar and 1,080 MW of battery storage over the next two decades, PREPA would also phase out its use of coal and bunker oil, expensive energy fuels the island imports.
By Iulia Gheorghiu • Feb. 6, 2019 -
Deep Dive
As corporate renewable buying surges, innovative PPAs pressure utilities to improve green tariffs
Financial intermediaries are de-risking all-time low-cost renewables purchases, driving record private sector buying and pressuring utilities to match the offerings.
By Herman K. Trabish • Feb. 6, 2019 -
Explore the Trendline➔
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 -
Duke fined $10M for cybersecurity lapses since 2015
A proposed settlement with NERC would increase specified training, oversight, restructuring of roles and addition of management and compliance tools for the utility.
By Iulia Gheorghiu • Feb. 4, 2019 -
Atlantic Coast Pipeline delayed to 2020, Dominion adds $1B to cost estimate
The company has requested a hearing before the full 4th Circuit Court of Appeals on permits a court panel rejected in December and says it has options that could include legislation or a battle in the U.S. Supreme Court.
By Robert Walton • Feb. 4, 2019 -
EPS Ep. 6: The toxic legacy of coal ash in Tennessee
A decade after the worst coal ash spill in U.S. history, Nashville Public Radio reporter Shalina Chatlani talks about its continuing impacts on residents and the Tennessee Valley Authority.
By Gavin Bade • Feb. 4, 2019 -
Opinion
Moving beyond business as usual to a resilient power system for California
PG&E's bankruptcy provides an opportunity for new legislation that would shift our energy system to one that doesn't rely on remote power generation requiring thousands of miles of expensive, inefficient and dangerous transmission lines.
By John Sarter • Feb. 4, 2019 -
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Volkswagen proposes 'paradigm shift' by opening EV platform to competitors
The company's chief strategist said it wants to standardize its Modular Electrification Toolkit platform, and is already in advanced talks with interested parties.
By Chris Teale • Feb. 4, 2019 -
Georgia Power plan targets 1 GW new renewables, 1 GW coal shutdowns
In its latest integrated resource plan, filed on Jan. 31, the company attributed the coal shutdowns to lower gas prices and the falling growth rate of energy demand.
By Iulia Gheorghiu • Feb. 1, 2019 -
Low prices, not legislation, driving Xcel renewables push for now
Bills in Colorado, Texas, Minnesota and other states are not expected to significantly drive capital expenditures in the short term, but will be key to becoming 100% carbon free, analysts say.
By Iulia Gheorghiu • Jan. 31, 2019 -
GE restructures renewables business to include solar, storage
The company will move its hybrid renewables and grid solutions work into its division that develops wind and hydro power.
By Robert Walton • Jan. 31, 2019 -
Consumers urges Michiganders to reduce gas usage after compressor station fire
The gas service disruption came as the Polar Vortex battered the Midwest and White House officials consider emergency action on gas infrastructure.
By Gavin Bade • Jan. 31, 2019 -
Judge says PG&E violated probation, citing 'clear pattern' of fire ignitions
"Does a judge turn a blind eye and let PG&E continue what you're doing, let you keep killing people?" William Alsup asked the company in a court hearing Wednesday, the Mercury News reported.
By Robert Walton • Jan. 31, 2019 -
A PG&E bankruptcy timeline: The road to Chapter 11 and beyond
Based on increasing liabilities for wildfires involving utility equipment, the company filed bankruptcy for a second time in 2019.
By Iulia Gheorghiu • Updated April 21, 2020 -
Deep Dive
As solar-plus-storage surges, can smart devices help overcome deployment barriers?
As utilities move to reap the benefits of solar-plus-storage, manufacturing and interconnection barriers threaten to impede growth.
By Herman K. Trabish • Jan. 29, 2019 -
Vermont regulators advance first of 3 Green Mountain Power solar-plus-storage projects
The utility seeks to use these projects to lower regional system costs and forward capacity market costs in the ISO-New England region.
By Iulia Gheorghiu • Jan. 29, 2019 -
PG&E files for 2nd bankruptcy, ignoring investor pleas
The Chapter 11 filing was widely anticipated, although investors offered $4 billion in funding to help the utility avoid bankruptcy.
By Robert Walton • Jan. 29, 2019 -
Getty Images
Corporate clean energy PPAs doubled to 13 GW in 2018: BNEF
Corporate PPAs are driving wind and solar growth, while energy storage isn't yet cost competitive enough to be paired with renewables for those agreements, according to BNEF.
By Iulia Gheorghiu • Jan. 29, 2019 -
Elizabeth Regan, Industry Dive/Utility Dive
FERC claims 'concurrent jurisdiction' in PG&E-NextEra bankruptcy dispute
The commission's Friday order could give NextEra and other power producers an avenue to preserve contracts with PG&E if the utility invalidates them as part of its Chapter 11 proceeding.
By Robert Walton • Jan. 28, 2019 -
NextEra 'very comfortable' despite PG&E bankruptcy concerns
During its Q4 earnings call, the company said it had several financial vehicles to mitigate for the effects of a potential PG&E bankruptcy proceeding.
By Iulia Gheorghiu • Jan. 28, 2019 -
Edison Electric Institute takes on wildfire challenges with new CEO task force
With the growing threat of wildfires in California, existing regulations block utilities from clearing vegetation around infrastructure, the industry group's president told a Washington audience.
By Iulia Gheorghiu • Jan. 25, 2019 -
Cal Fire concludes PG&E did not cause 2017 Tubbs Fire, sending shares soaring
Officials said a private electrical system caused the deadly fire, but the utility remains in financial jeopardy for its involvement in other blazes and is preparing to file for bankruptcy protection.
By Robert Walton • Jan. 24, 2019 -
Getty Images
PG&E balks at judge's potential $150B probation terms as it faces bankruptcy
The judge overseeing PG&E's probation related to the 2010 San Bruno pipeline explosion is considering new conditions the utility says are infeasible, and a U.S. attorney says could interfere with other state and federal efforts.
By Robert Walton • Jan. 24, 2019 -
FirstEnergy Solutions reaches restructuring agreement, could emerge from bankruptcy in 2019
The agreement leaves open the possibility FirstEnergy Solutions could continue to own and operate its retail and wholesale load-serving business.
By Robert Walton • Jan. 24, 2019 -
Deep Dive
PG&E, SCE, SDG&E pursue subscriptions, time-of-use rates to drive more California EVs
As regulators call for a more formal transportation electrification framework, the state's utilities are stepping up with pilot programs that address peak demand and rate concerns.
By Herman K. Trabish • Jan. 23, 2019 -
PG&E, NextEra face off in bankruptcy-related FERC filings
Pacific Gas & Electric expects the bankruptcy process to stretch two years, or possibly longer, leaving developers worried about getting paid for their existing power purchase agreements.
By Robert Walton • Jan. 23, 2019
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