Corporate News: Page 46
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In a first, PG&E cuts power to 60,000 to prevent wildfires during wind storm
Planned outages during dry, windy conditions are the "last resort" in a wildfire prevention plan rolled out by the utility last year.
By Gavin Bade • Oct. 15, 2018 -
Duke Energy to spend $500M on battery storage in next 15 years
Duke Energy is planning a large battery investment in the Carolinas, and on Monday asked state regulators to approve a solar project as well.
By Robert Walton • Oct. 11, 2018 -
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 -
Northwest utilities return to normal gas service after Enbridge pipeline rupture
The incident in British Columbia reduced natural gas supply to generators operated by Puget Sound Energy and Avista, as well as residential and commercial customers.
By Iulia Gheorghiu • Updated Oct. 12, 2018 -
AEP to shutter 1,590 MW Ohio coal plant two years ahead of schedule
American Electric Power analyzed the results of recent power auctions before coming to the conclusion that it will shutter its Conesville coal plant by the end of May 2020.
By Robert Walton • Oct. 10, 2018 -
Westmoreland Chapter 11 marks 4th major US coal company to declare bankruptcy
Westmoreland Coal will join producers Peabody Energy, Arch Coal and Alpha Natural Resources, who found the sector's headwinds too much to overcome.
By Robert Walton • Oct. 10, 2018 -
Ørsted expands US offshore wind presence with $510M buy
The Danish offshore wind developer plans to close its acquisition of Deepwater Wind by the end of 2018.
By Iulia Gheorghiu • Oct. 9, 2018 -
GE sells $1B portfolio of energy assets
The sale of approximately 20 investments to Apollo Global Management continues GE's efforts to streamline the business.
By Robert Walton • Oct. 9, 2018 -
Federal regulators OK $6B CenterPoint-Vectren merger
Shares of CenterPoint initially fell when the deal was announced in April on concerns it was paying too much, but since then, have risen about 8.5%.
By Robert Walton • Oct. 9, 2018 -
Dominion, SCANA inch closer to merger with North Carolina PSC staff deal
A settlement with regulatory staff puts the merger on firm ground in the state, but the real drama remains in South Carolina, where Dominion wants customers to pay for part of SCANA's failed nuclear project.
By Robert Walton • Oct. 8, 2018 -
Mountain Valley stalled, Atlantic Sunrise cleared for service in busy pipeline week
The diverging fortunes of the two Appalachian projects illustrate the struggle between environmental advocates and natural gas companies over the siting and construction of new pipelines.
By Gavin Bade • Oct. 5, 2018 -
SunPower becomes biggest US solar panel builder with SolarWorld purchase
The company's domestic manufacturing capacity expanded due to its acquisition of SolarWorld, one of the solar panel tariff petitioners, as part of an ongoing shakeout of U.S. production.
By Iulia Gheorghiu • Oct. 4, 2018 -
Senate ENR
Coal lobby pleased as Trump nominates ally McNamee to FERC
The Department of Energy official is expected to align closer with White House priorities than former Commissioner Robert Powelson, who stepped down in August.
By Gavin Bade • Updated Oct. 4, 2018 -
Johnson Controls, ConEd subsidiary partner to grow energy storage
The joint venture makes Consolidated Edison Solutions the exclusive provider of energy storage to Johnson Controls customers.
By Robert Walton • Oct. 2, 2018 -
Fotolia
PJM: 'Significant chunk' of renewables to come from corporate procurement
Direct purchases from corporations are the largest area of renewable energy growth in the RTO, said senior market strategist Andrew Levitt.
By Iulia Gheorghiu • Oct. 1, 2018 -
Generators pan ISO-NE price taker proposal for fuel secure plants
The ISO-NE proposal to prop up plants with onsite fuel supplies would cause "massive suppression of prices" and displace more than a gigawatt of otherwise economic resources, critics wrote in comments.
By Gavin Bade • Sept. 27, 2018 -
Vogtle nuke deadline extended again to 5 p.m.
The owners faced a Tuesday deadline to agree on cost-sharing terms for the plant, but extended their negotiation period three times.
By Gavin Bade , Peter Maloney • Updated Sept. 25, 2018 -
DOE
DOE urges Vogtle nuke owners to complete project ahead of Monday vote
Canceling the plant expansion would have a "profound impact on the U.S. nuclear industry" and trigger the repayment of billions in federal loans, DOE warned.
By Gavin Bade • Sept. 24, 2018 -
Duke shuts down gas plant after Florence flooding breaches coal ash pit
Environmental groups collected samples of what they believe to be coal ash from a nearby river, though the utility maintains there is no discernable harm downstream.
By Catherine Morehouse • Updated Sept. 24, 2018 -
Outage at Exelon's Mystic plant drove tight ISO-NE Labor Day conditions
The unplanned event, caused by a power line fault, highlights the issues at stake in debates over fuel security in New England and grid resilience at FERC.
By Gavin Bade • Updated Sept. 21, 2018 -
Wikimedia
Navajo Generating Station buyer backs out, putting coal plant future in doubt
The largest coal plant west of the Mississippi could close next year unless a new buyer is found.
By Robert Walton • Sept. 21, 2018 -
Sempra to sell $1.54B solar, storage assets to Con Edison
The sale is the first part of a multiphase, portfolio-optimization initiative for Sempra.
By Iulia Gheorghiu • Sept. 21, 2018 -
FERC allows construction to resume on Atlantic Coast Pipeline
The 600-mile pipeline was put on hold after a federal appeals court invalidated permits for where it crosses federal lands in Virginia.
By Gavin Bade • Sept. 18, 2018 -
EV charging providers scale up amid a 'revolution in transportation'
ChargePoint and EVBox plan to expand their charging networks as new numbers show electric vehicle adoption is growing faster than analysts previously thought.
By Robert Walton • Sept. 18, 2018 -
Duke's Brunswick nuclear plant declares low-level emergency as floodwaters block access
Federal rules require a utility to declare an "unusual event" when access to a plant is impeded, but NRC officials say public safety was never at risk.
By Gavin Bade • Sept. 18, 2018 -
Massachusetts governor puts rival utility in charge of Columbia Gas disaster response
Baker handed the restoration efforts for more than 70 fires to Eversource Energy, saying the "follow through" from Columbia Gas "was just not there."
By Gavin Bade • Sept. 17, 2018
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