Corporate News: Page 47
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Watchdog raises concerns over Duke's request to recover $137M for cybersecurity upgrades
After paying a record-breaking $10 million fine in January for cybersecurity violations, the utility asked federal regulators to recover their investments in system upgrades from their rate base.
By HJ Mai • April 3, 2019 -
Federal judge blocks potential path to viability for 2.3 GW Navajo coal plant
Coal producer Peabody Energy, the Hopi Tribe and labor union United Mine Workers of America tried to add legal pressure onto the Central Arizona Project to ensure the coal-fired plant had a large buyer for its output.
By Iulia Gheorghiu • April 3, 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 -
Duke proposes adding nearly 2.5K EV chargers in North Carolina
Depending how quickly state regulators act, the $76 million program could be operational as soon as Q3, according to Duke Energy's director of electrification strategy, Lang Reynolds.
By Iulia Gheorghiu • April 2, 2019 -
Deep Dive
As 100% renewables goals proliferate, what role for utilities?
The momentum behind demand for renewables is growing; utilities lose if they ignore it and there is much to gain in planning ahead.
By Herman K. Trabish • April 2, 2019 -
Controversial $1B Canada-US transmission line gets Maine PUC approval
The key certificate, unanimously granted by the state's three commissioners, advances the 145-mile transmission corridor that would deliver hydropower from Quebec to Massachusetts.
By Iulia Gheorghiu • Updated April 11, 2019 -
PJM files update to energy market price formation rules with FERC
The proposed tariff changes from the grid operator seek to resolve the "unjust and unreasonable" design of its reserve market rules.
By Iulia Gheorghiu • Updated April 1, 2019 -
Exclusive: PG&E's future rests on board picks, CPUC president says
California regulators could reorganize the company or revoke its license to operate if they do not like new selections for its board of directors, California Public Utilities Commission President Michael Picker said in a wide-ranging interview.
By Gavin Bade • March 29, 2019 -
GE sheds 650 MW of renewable assets
Enel Green Power North America purchased the generation for approximately $256 million, less than two months after General Electric said it would restructure and expand its renewables business.
By Robert Walton • March 26, 2019 -
Deep Dive
The biggest numbers game in the power sector: Data analytics and the utility community of the future
Data analytics are helping utilities improve operations and customer engagement, but a decentralized transactive energy network is in the works and will require additional computing advances.
By Herman K. Trabish • March 25, 2019 -
Deep Dive
As first US utility-scale offshore wind project nears approval, supply chain, permitting come into focus
Despite a lack of domestic components and a complex permitting process, Vineyard Wind is confident in its ability to move forward this summer with construction of its 800 MW project off the coast of Massachusetts.
By Iulia Gheorghiu • March 18, 2019 -
Dominion strikes deadline day utility deal to keep Millstone nuke operating
The company warned that New England's sole nuclear generator could retire if a contract for its output was not signed by March 15.
By Gavin Bade • March 15, 2019 -
Market Monitor: 3 GW nukes, 12 GW coal uneconomic in PJM
The only nuclear plants receiving market signals to retire are one-unit generators, Monitoring Analytics said, and the only one to recieve a state subsidy "did not need" it.
By Iulia Gheorghiu • March 15, 2019 -
PG&E cleared of criminal charges in 8 2017 blazes as fire officials say SCE sparked Thomas Fire
As California utilities reckon with the devastating wildfires from 2017, PG&E still faces civil lawsuits regarding the incidents, although most proceedings have been paused by their declaration of Chapter 11 bankruptcy.
By Iulia Gheorghiu • Updated March 14, 2019 -
Independent developer proposes $2.5B underground transmission line, to bring Iowa wind to PJM, MISO
The project seeks to connect two of the largest electricity markets in the country to an Iowa wind farm and achieve greater cost reductions by experimenting with new forms of construction for the first-of-its-kind project.
By Iulia Gheorghiu • March 13, 2019 -
Insurer Munich Re offers 10-year warranty on battery storage performance
The company backed the flow battery developed by ESS with a decade-long performance guarantee, a first in energy storage technologies.
By Iulia Gheorghiu • Updated March 13, 2019 -
Pennsylvania lawmaker: State crafted nuke subsidy bill after DOE said not to wait for bailout
The new bill to provide financial support to the state's nine nuclear plants is part of a trend of states taking the lead on premature retirements in the face of inaction from the federal government.
By Iulia Gheorghiu • March 12, 2019 -
Hungry for green power, tech giants choose between utilities, independent developers
Utilities increasingly supply 100% renewable energy to large customers, raising questions about why they don't purchase more wind and solar for their entire consumer base.
By Iulia Gheorghiu • March 12, 2019 -
Dominion faces March 15 deadline to secure utility contracts for Millstone nuke
The plant owner has been negotiating with Eversource and United Illuminating to secure higher priced power purchase agreements, according to local news reports.
By Iulia Gheorghiu • March 8, 2019 -
ISO-NE forecasts transition to distributed, renewable generation
The grid operator released its 2019 Regional Electricity Outlook last week, listing natural gas plants as the only new conventional generation resource expected online between 2018 and 2020.
By Iulia Gheorghiu • March 7, 2019 -
Judge scales back PG&E wildfire safety plan in new proposed order
PG&E would follow its wildfire mitigation plan under a new order from Judge William Alsup, but would not have to comply with an extensive Jan. 9 proposed order it estimated could cost $150 billion.
By Gavin Bade • March 7, 2019 -
Efficiency leads 2019 energy job growth prospects
Energy efficiency employers project a 7.8% growth rate for jobs this year, more than double the increase last year, in what the latest U.S. Energy and Employment Report deemed the "toughest hiring climate."
By Robert Walton • March 7, 2019 -
ERCOT sees increased chance for emergency capacity with record demand forecast this summer
The grid operator's preliminary summer analysis of extreme scenarios indicates ERCOT may need to issue energy alerts, but does not expect to use rolling brownouts.
By Iulia Gheorghiu • March 6, 2019 -
AEP launches electric utility tech accelerator to identify 'compelling' startups
American Electric Power's initiative with innovation specialist L Marks will be a 10-week bootcamp-style energy summit focused on accelerating the development of grid solutions.
By Robert Walton • March 5, 2019 -
GM, Ford to fully power Michigan facilities with local wind from DTE Energy
Ford was the first to announce involvement with DTE Energy's new tariff, approved by regulators in January, to serve large customers through the utility's renewable energy offerings.
By Iulia Gheorghiu • March 4, 2019 -
PG&E says its equipment probably sparked deadly Camp Fire last year
The company announced a $10.5 billion pre-tax charge Thursday related to third-party claims from the 2018 fire, and said its total potential wildfire liabilities could exceed more than $30 billion.
By Robert Walton • March 1, 2019