Corporate News: Page 48
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Deep DiveAn offer utilities can't refuse: The low cost of utility-scale solar
A new report finds even policy uncertainties have not stopped the growing partnership between utilities and solar.
By Herman K. Trabish • Aug. 9, 2018 -
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OpinionFour steps for utilities to improve engagement with small and medium businesses
Small and medium businesses are often underserved as energy customers, and utilities can find it challenging to engage them. However, four research-based steps outline how utilities and their partners can improve that engagement.
By Patty Durand, Austin Whitman • Aug. 9, 2018 -
Explore the Trendlineâž”
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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 -
SC Senate sues McMaster for overstepping in naming Santee Cooper chair
McMaster said the leadership position at Santee Cooper could not go unfilled as a board meeting is coming up this month.
By Iulia Gheorghiu • Aug. 9, 2018 -
Southern increases Vogtle nuke price tag by $1.1 billion
The plant will now cost $27 billion, more than twice the company's original estimate when it was approved in 2008.
By Gavin Bade • Aug. 8, 2018 -
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OpinionEligibility questions for new tax exclusions breed uncertainty for US power sector
Determining whether a particular company qualifies for these exemptions will be a necessity — not just for tax return accuracy, but also in determining the value and viability of pending and future M&A activity.
By Brian Murphy • Aug. 8, 2018 -
Minnesota co-op breaks ground on first major storage projects in state
The 10 MW of solar joined with 30 MWh of batteries will be the largest combined facility owned by a U.S. co-op and is expected to save Connexus Energy $4 million a year through peak shaving.
By Catherine Morehouse • Aug. 7, 2018 -
Split FERC approves Spire pipeline, brushing aside self-dealing concerns
The only entity that signed contracts for the 65-mile pipeline is an affiliate of the project developer, leading critics to question if the project is truly necessary.
By Gavin Bade • Aug. 6, 2018 -
Corporate clean power purchases reach 7.2 GW, surpassing 2017 record
As more companies sign 100% renewables pledges, a Bloomberg report estimates they will need to buy another 197 TWh of clean energy by 2030.
By Catherine Morehouse • Aug. 6, 2018 -
Musk sees 'insane' fast growth for Tesla's energy storage business
Tesla executives predicted growth levels in 2019 of 300% to 400% for its energy storage business.
By Peter Maloney • Aug. 2, 2018 -
Deep Dive
Will lower cost renewables and natural gas accelerate PacifiCorp's generation transition?
A Sierra Club-commissioned study is aimed at moving PacifiCorp’s planning ahead and getting more coal "off the grid."
By Herman K. Trabish • Aug. 2, 2018 -
Report: PG&E considers breaking up company to avoid wildfire liability
The company and its utility subsidiary have been highly critical of California laws that allow for wildfire liability even if standards and regulations are met, warning of the threat of bankruptcy and reorganization.
By Iulia Gheorghiu • Aug. 2, 2018 -
Photo by Alex Wroblewski/Getty Images
Puerto Rico utility's new deal to relieve about $9B of debt
Debt consolidation may help clear the way for privatization of PREPA. News of the deal raised the value of PREPA's bonds by about 40% on Monday.
By Robert Walton • Aug. 1, 2018 -
Holtec to buy three nuclear plants, greatly accelerate decommissioning
Holtec is acquiring Oyster Creek from Exelon Generation as well as the Pilgrim and Palisades plants from Entergy. For the first two, Holtec plans to complete decommissioning in eight years.
By Robert Walton • Aug. 1, 2018 -
Macquarie Infrastructure to sell New Jersey gas plant for $900M
The New York ISO is depending on the 644 MW Bayonne Energy Center to help make up for capacity lost due to the exit of Entergy's Indian Point nuclear plant.
By Robert Walton • Aug. 1, 2018 -
Colorado regulators press forward with Black Hills TOU pilot
The Colorado Public Utilities Commission directed Black Hills Energy to develop a time-of-use rate pilot and file a proposal this fall.
By Robert Walton • July 27, 2018 -
NextEra's renewables backlog grows to 7.4 GW as customers anticipate lower costs
The company's record backlog includes many energy storage and solar projects slated for years in the future, as prices are expected to drop in the 2020s.
By Iulia Gheorghiu • July 27, 2018 -
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OpinionUtilities embrace data-driven, intelligent enterprise approach
As technology options grow, utility companies can use services such as the cloud to optimize efficiency, improve safety and develop new business models, according to SAP utilities director James McClelland.
By James McClelland • July 25, 2018 -
Report: SCANA, Dominion offered $1,500 refunds to escape Summer rate cut
The utilities wanted to increase support for their proposed merger and retain the ability to charge customers for the canceled V.C. Summer nuke, but lawmakers rejected their plan by wide margins.
By Robert Walton • July 24, 2018 -
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Russian hackers infiltrated utility control rooms, DHS says
The hackers breached isolated utility networks thought to be secure and "got to the point where they could have thrown switches," Homeland Security officials said Monday.
By Gavin Bade • July 24, 2018 -
IPL rate deal largely avoids fixed charge hike
The utility had requested a $10 increase to fixed charges that opponents said would reduce distributed solar and harm elderly and low-income ratepayers.
By Iulia Gheorghiu • July 23, 2018 -
Peak Reliability to call it quits in 2019
The reliability coordinator for the majority of the Western Interconnection will begin to wind down after a year of providing services.
By Robert Walton • July 20, 2018 -
Opinion
Borrowing from Europe to reinvent co-ops' business model
Power sector transition is often dominated by 'shiny new objects' like solar + storage, and the chance to serve customers more comprehensively can be overlooked. One way to change this is the European "chauffage" contract.
By Peter Kelly-Detwiler and Ken Colburn • July 19, 2018 -
Report: Dominion aims to sell pair of gas-fired plants for $1.5B
The company wants to improve its balance sheet. With the potential sale of two plants in Rhode Island and Pennsylvania, it could reduce its exposure to power markets along the way.
By Robert Walton • July 17, 2018 -
Duke nixes 500 MW wind buy over transmission cost concerns
A request for proposals for wind projects capable of supplying energy for 20 years has been abandoned, said Duke, after proposals came in at too high a cost.
By Robert Walton • July 17, 2018 -
Duke's Piedmont plans new $250M LNG storage facility
The company announced a new liquefied natural gas facility to serve its customers in times of high natural gas demand.
By Iulia Gheorghiu • July 16, 2018
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