Corporate News: Page 46
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PG&E revises wildfire mitigation plan to remove hard inspection and improvement deadlines
The utility told regulators it wants to "revise certain targets" because it would likely miss some deadlines due to a range of factors, from the federal government shutdown to weather and access challenges.
By Robert Walton • April 29, 2019 -
Indiana regulators reject Vectren gas plant over stranded asset concerns
The unexpected order in a fossil-friendly state is another ding against the utility megaprojects that used to define the sector.
By Gavin Bade • April 25, 2019 -
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 -
Con Edison announces deal to end Westchester moratorium on gas hookups
The agreement for an extra 110,000 dekatherms of natural gas capacity would let the utility create new connections by November 2023 in a county near New York City, where demand for heating has grown with new construction.
By Iulia Gheorghiu • April 25, 2019 -
Sempra Energy completes renewables exit with closure of 724 MW AEP wind deal
The utility announced its intent to get out of renewables and non-utility gas last year, and has generated about $2.5 billion in the process.
By Robert Walton • April 24, 2019 -
Massachusetts approves state's first offshore wind contracts for 800 MW
Before regulators approved Vineyard Wind's power purchase agreements for its project, the state's three investor-owned utilities issued a second request for proposals for offshore wind power.
By Iulia Gheorghiu • April 24, 2019 -
GE announces first solar+storage projects since renewable business restructuring
The company has partnered with Helios Energy to build the hybrid systems as part of the Lenox Solar/Energy Storage project in upstate New York.
By HJ Mai • April 23, 2019 -
PG&E asks for higher ROE to fund wildfire safety upgrades
The utility says a higher return on equity is essential to attract investors, but its proposal would raise average residential electric rates by 7%.
By Robert Walton • April 23, 2019 -
Duke, Eversource commit to create energy storage safety standards
The corporate social responsibility initiative launched by the Energy Storage Association seeks to establish best practices for potential hazards, end-of-life processes and recycling of storage systems.
By Iulia Gheorghiu • April 23, 2019 -
New Jersey approves up to $300M in annual nuclear plant subsidies, despite profitability claims
The subsidy is intended to keep nuclear power competitive, and comes amid a U.S. Supreme Court decision to not take up a legal challenge against similar nuclear support programs.
By HJ Mai • April 23, 2019 -
Deep Dive
Utilities, charger vendors find interconnection best practices to propel EV growth
Collaboration and transparency pioneered in solar interconnections can fast-start delayed transportation electrification ambitions.
By Herman K. Trabish • April 22, 2019 -
Deep Dive
High-speed hurdle: Designing a fast-charging network for electric buses
Bus manufacturer New Flyer has just the ticket: planning deployment and charging stations by route.
By Iulia Gheorghiu • April 22, 2019 -
Duke-backed ratemaking bill in North Carolina could decrease regulatory oversight
The bill is raising concerns from opponents about a lack of consumer protections as the utility faces large coal ash clean up costs.
By Catherine Morehouse • April 17, 2019 -
Holtec to snap up Indian Point nuclear units for decommissioning
The Nuclear Regulatory Commission is evaluating several other deals where Holtec seeks to buy units for early retirement.
By Iulia Gheorghiu • April 17, 2019 -
Baltimore trash-to-energy incinerator sues county for failure to deliver waste
Waste-to-energy qualifies as a renewable resource under Maryland law, and the facility alleges the county failed to deliver a contractually-mandated minimum of 215,000 annual tons of waste to the incinerator.
By Rina Li • April 16, 2019 -
PG&E shares jump as California report advocates wildfire liability changes
Strict fire liability rules are not working and "under the status quo, all parties lose," according to a new report from California Gov. Gavin Newsom.
By Robert Walton • April 15, 2019 -
Calpine sells 2 gas-fired plants to Starwood Energy
The sale features more than 825 MW of contracted capacity in two wholesale markets, including Wisconsin's largest peaker and the newest plant in Calpine's fleet.
By Robert Walton • April 15, 2019 -
Southern California Edison requests higher ROE, citing wildfire risks
The utility told federal regulators the share price of its parent company has "dropped dramatically since 2017 as a result of this wildfire risk."
By Robert Walton • April 12, 2019 -
Hawaiian Electric targets nearly 1.4 GWh storage, 135 MW solar equivalent in latest solicitation
If approved by Hawaii regulators, the second phase of the utility's procurement plans would compensate for the planned closure of two fossil-fuel power plants and bring the state closer to its 100% renewable energy goal.
By HJ Mai • April 11, 2019 -
Dominion gas explosion kills 1, injures 17 in North Carolina
A rupture to a two-inch gas line caused a leak that led to the explosion late Wednesday morning.
By Catherine Morehouse • April 11, 2019 -
Report: PG&E sanctioned for physical and cybersecurity-related violations
DTE Energy and City Utilities of Springfield, Missouri, have also been penalized for violating critical infrastructure protection rules from 2014 to 2016, coinciding with a Russia-based campaign to infiltrate American utility defenses.
By HJ Mai • April 10, 2019 -
Bankruptcy judge turns back FirstEnergy reorganization plan
The company's deal with creditors would have shielded it from cleanup costs at 8 GW of retiring coal and nuclear plants, but the judge called it "patently unconfirmable."
By Gavin Bade • April 5, 2019 -
Idaho Power claims one of lowest-priced solar deals at 2.2 cents/kWh
Once constructed, the 120-MW facility will help the utility replace coal-fired power it currently gets from the North Valmy plant in Nevada.
By Robert Walton • April 4, 2019 -
PG&E taps new CEO, 10 directors to lead utility through bankruptcy
Former TVA chief Bill Johnson will take over leadership and seven board members will step down as the embattled utility seeks new direction following a bankruptcy filing related to California's deadly wildfires.
By Robert Walton • April 4, 2019 -
Save coal plant and prevent forest fires? APS assesses biomass conversion at Arizona unit
The Arizona Corporation Commission last December adopted a policy to encourage power generation from forest biomass in an effort to address the risk of wildfires while also creating jobs.
By Iulia Gheorghiu • April 4, 2019 -
NiSource report emphasizes safety after Massachusetts gas explosions, accelerates emissions targets
The utility said it has replaced over 430 miles of gas pipeline and plans to invest another $150 million to install shut-off devices on its low pressure systems after a series of deadly explosions in September.
By Catherine Morehouse • April 3, 2019