Corporate News: Page 47
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Hurricane Florence triggers coal ash spill, cuts power to millions
Hundreds of thousands of customers remain without power in the Carolinas and Virginia after the storm dropped record-breaking rain on the region this weekend.
By Gavin Bade • Sept. 17, 2018 -
FERC, NERC open inquiry into winter load event that stressed Midwest grids
The inquiry could take on special significance given FERC's open grid resilience proceeding and the looming threat of a coal and nuclear bailout from the White House.
By Gavin Bade • Sept. 13, 2018 -
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 -
Outages, coal plant flooding top concerns as utilities brace for Hurricane Florence
Environmental groups are afraid flooding could release toxic coal ash, but utilities say their bigger worry involves cooling ponds at regional power plants.
By Catherine Morehouse • Sept. 12, 2018 -
SCE floats new wildfire grid upgrades after passage of California law
SCE's proposed $582 million hardening package comes in response to Senate Bill 901, which required utilities to update fire mitigation plans.
By Robert Walton • Sept. 12, 2018 -
McIntyre again defends FERC chief of staff amid political influence concerns
The FERC chairman said his chief of staff is "highly qualified" despite his comments that were widely interpreted as a statement that FERC is working with the White House on a bailout for coal and nuclear generators.
By Gavin Bade • Sept. 12, 2018 -
Mortenson Construction
Lyft commits to 100% renewable energy, full carbon neutrality
The company is "doubling down on our climate and clean energy commitments" just in time for the 2018 Global Climate Action Summit in San Francisco.
By Kristin Musulin • Sept. 11, 2018 -
Deep Dive
Developers see value in California offshore wind development
Following market growth and big contract price drops along the East Coast, offshore wind developers are taking on floating foundations and the Navy on the West Coast.
By Herman K. Trabish • Sept. 10, 2018 -
Alevo
OpinionLet's bring back utility preferred stock... Sort of
The former senior director of S&P Global Ratings and founder of Utility Credit Consultancy makes a modest proposal to fundamentally change utility capital structures by adopting hybrid securities.
By Todd Shipman • Sept. 10, 2018 -
Duke 15-year plans lean heavy on gas to replace coal
Two-thirds of Duke's new capacity through 2033 will be from gas-fired power plants if regulators approve two resource plans submitted by the utility last week.
By Robert Walton • Sept. 10, 2018 -
Pepco unveils $15M transportation electrification program for DC
Electric vehicle growth has been uneven in the District of Columbia, where two-thirds of residents are renters and have limited access to charging infrastructure.
By Robert Walton • Sept. 10, 2018 -
NextEra aims to reduce CO2 emissions rate 65% by 2021
Claiming one of the lowest emissions profiles of electric companies in North America, NextEra Energy announced a target to lower its rate of emissions 13% beyond reductions achieved since 2001.
By Iulia Gheorghiu • Sept. 7, 2018 -
Arizona Supreme Court rules 50% renewables initiative will appear on ballot
A utility-backed opposition group says it will now focus on convincing customers to vote against the measure, which would set a 50% renewable portfolio standard.
By Robert Walton • Sept. 4, 2018 -
NRG completes sale of renewables platform to GIP
The deal allows NRG to shed $6.7 billion in debt and refocus on its retail electricity business.
By Robert Walton • Sept. 4, 2018 -
As Kentucky regulators reject smart meter plans, troubling trend continues for AMI
Kentucky Utilities and Louisville Gas & Electric "failed to provide sufficient evidence" that smart meters would benefit customers, regulators ruled last week.
By Robert Walton • Aug. 31, 2018 -
LBNL: Wind prices at record lows but future installations remain uncertain
The Lawrence Berkeley National Laboratory expects installed wind capacity to plateau after 2021, when the resource's federal production tax credit begins to phase out.
By Robert Walton • Aug. 29, 2018 -
Wikimedia Commons
Playing with wildfire: California lawmakers outline utility liabilities in new report
What can state legislators accomplish in the last days of voting regarding the exposure that investor-owned utilities face to wildfire damages?
By Iulia Gheorghiu • Updated Aug. 28, 2018 -
Eversource completes sale of New Hampshire hydro plants
Company officials say the sale is the "final milestone in the deregulation of the electric utility industry in the Granite State."
By Robert Walton • Aug. 27, 2018 -
NASA
HECO warns of extended outages as Hawaii braces for Hurricane Lane
Experts are concerned the slow-moving storm could disrupt fuel deliveries or petroleum refining in the state, which relies on oil for much of its electricity generation.
By Gavin Bade • Aug. 24, 2018 -
Getty Images
Deep DiveAre regulators starting to rethink fixed charges?
Fixed rate reductions in Q2 of this year may indicate regulators are more conscious of low and moderate income customers as well as investments in energy efficiency and distributed energy resources.
By Herman K. Trabish • Aug. 23, 2018 -
OVEC
Duke moves to stop FirstEnergy Solutions from exiting Ohio co-op
Consumer advocates worry that a bankruptcy court decision allowing FES to withdraw from the Ohio Valley Electric Corporation, which operates a pair of coal plants, could raise prices for retail consumers.
By Robert Walton • Aug. 22, 2018 -
Getty Images
Lawmakers unlikely to give California utilities slack in wildfire liability rules, LA Times reports
State legislators are abandoning a proposal to reduce electric utility liability in instances where the company is not found to be negligent, hesitant to do anything that will look like a "bailout."
By Robert Walton • Aug. 21, 2018 -
FirstEnergy takes reluctant step toward 3 nuclear plant closures
Still hoping for state support that would keep the plants running, the utility is planning to shutter two nuclear plants in Ohio and one in Pennsylvania.
By Robert Walton • Aug. 16, 2018 -
PJM prepares new capacity repricing rule in response to FERC order
The RTO is considering a resource specific carve-out, or "ReCO," as an alternative to the minimum offer price rule that FERC rejected.
By Iulia Gheorghiu • Aug. 16, 2018 -
FERC halts Atlantic Coast, clears 3 other pipeline projects in busy Friday
The decisions came hours before Republicans lost their one-vote majority on FERC. Until a replacement is confirmed, Democrats can deadlock agency votes.
By Gavin Bade • Aug. 13, 2018 -
Tesla
Report: Tesla Solar Roof production delayed over product aesthetics, EV prioritization
Despite CEO Elon Musk's boasts about the installment of the undetectable renewable generating structure during Q2 calls, employees at New York's Gigafactory 2 reported production challenges and delays.
By Iulia Gheorghiu • Aug. 10, 2018
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