Corporate News: Page 49
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Duke region hits South Carolina net metering cap
As other utilities move toward the 2% limit on distributed energy resources, Duke Energy Carolinas will allow customers to sign up for the net metering program through the end of July.
By Iulia Gheorghiu • July 13, 2018 -
Opinion
Utilities: Time to sharpen your product management skills
As they diversify into distributed energy, blockchain, online marketplaces and other innovative energy solutions, utilities will want to expand their product management competencies, writes Austin Whitman of FirstFuel Software.
By Austin Whitman • July 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 -
Incoming PREPA CEO, majority of board resign over executive pay
Unless a replacement is named, the bankrupt Puerto Rico Electric Power Authority will be without a leader by the end of the week.
By Gavin Bade • July 12, 2018 -
PREPA CEO Higgins steps down after 4 months on the job
Higgins said he's resigning over compensation and family health issues, but a source close to the utility said the CEO failed to gel with senior management and communicate effectively with the Puerto Rican public.
By Gavin Bade • July 12, 2018 -
Deep Dive
In a rush to modernize the grid, utilities are finding new ways to innovate
U.S. utilities are working together to rethink the electric grid — but as competition spreads, how long will this model last?
By Robert Walton • July 11, 2018 -
Dominion threatens Millstone closure if plant shut out of support program
Connecticut passed a law last year to provide financial relief for the nuclear plant, but the state energy agency could bar it from participating for five years.
By Robert Walton • July 10, 2018 -
Deep Dive
As California customer choice expands, are reliability and affordability at risk?
Many say the disruption from multiplying power providers in California could also put the state's decarbonization achievements at risk.
By Herman K. Trabish • July 9, 2018 -
Getty
OpinionEnergy & utility leaders: How to transform with little to no room for error
From repairing and replacing decades-old infrastructure, to innovating new ways of providing clean energy, the utility industry is facing a powerful set of circumstances with high risk, writes David Carder of Kotter.
By David Carder • July 9, 2018 -
Surging heat fuels power demand records in 3 US markets
PJM, NYISO and ERCOT hit July power demand records in the past week, but the real test for the Texas operator will come later in the summer, when demand is forecast to approach its reserve margin.
By Gavin Bade • July 5, 2018 -
FERC rejects ISO-NE Mystic waiver, orders quick fuel security reforms
Regulators said ISO-NE's waiver request was too broad, but directed it to file a short-term cost recovery proposal for the natural gas plant, as well as broader market changes.
By Gavin Bade • July 3, 2018 -
Sempra to sell 2.6 GW renewable portfolio, gas storage assets
The divestitures mark the start of a three-phase effort to "optimize" the company's business portfolio and come amid increasing pressure from activist investors.
By Peter Maloney • June 29, 2018 -
Clean Power Research
Tesla plans to pare back residential solar business, Reuters reports
Internal company documents show plans to shutter more than a dozen solar installation facilities around the country.
By Iulia Gheorghiu • June 25, 2018 -
Wikimedia Commons
Deep DiveUtility bankruptcy concerns rise as bill comes due for 2017 California fires
Some 394 wildfires at the end of 2017 could cost California's IOUs tens of billions, but there are ways to mitigate the financial impact.
By Herman K. Trabish • June 25, 2018 -
Daimler facility stores batteries for EVs while providing storage to grid
Daimler and Mercedes-Benz Energy are providing grid service from an energy storage facility in a former German coal plant.
By Peter Maloney • June 21, 2018 -
Wikimedia Commons
PG&E to record $2.5B charge for California wildfires — and warns it could get worse
The utility told federal regulators that the charge does not include any amounts for potential penalties or fines.
By Robert Walton • June 21, 2018 -
Uber launches EV Champions Initiative in 7 cities
The program aims to increase the use of electric vehicles by offering cash incentives and new app features to drivers.
By Jason Plautz • June 21, 2018 -
Ameren taps Tendril to reduce Illinois consumer energy demand
Customers can access energy usage reports and an energy savings portal, while also receiving high energy usage alerts.
By Robert Walton • June 19, 2018 -
SCE&G fights damaging Bechtel report as it tries to recoup VC Summer costs
The utility wants to collect $3.8 billion from ratepayers in the next 20 years to partially recoup costs for the failed, $9 billion expansion of the Summer nuclear plant, though Bechtel's assessment puts blame on SCE&G.
By Kim Slowey • June 19, 2018 -
Alevo
Moody's goes negative on regulated utilities for first time, citing tax law impacts
Meanwhile, Morgan Stanley upgraded the utilities sector to outperform, and an analyst note remarked that utility stocks are primed for defensive investments.
By Peter Maloney • June 19, 2018 -
Photo from Getty Images
Reports: PG&E claims wildfire liability could force bankruptcy
In an 8-K filed with the SEC, PG&E said that based on current state law, it expects to "record a significant liability for losses" associated with 10 fires.
By Robert Walton • June 19, 2018 -
Is Siemens considering unloading its gas turbine business?
A sale for the troubled unit is reportedly being discussed, but no decisions have been made and, internally, officials say the company remains committed to the business.
By Robert Walton • June 18, 2018 -
SQN Capital to 'revitalize' bankrupt Suniva's solar production
The company has acquired the technology, licenses and manufacturing capacity of ​the solar panel maker and is close to determining a partner to provide the "best path to revitalizing the company."
By Robert Walton • June 18, 2018 -
Getty Images
Oklahoma Gas & Electric secures rate recovery for new gas plant
The utility has invested almost $400 million in the 462 MW Mustang Energy Center, but customers will see an overall decline in monthly bills.
By Robert Walton • June 14, 2018 -
Vistra will shrink its generating portfolio before growing it, CEO says
At a June 12 analyst meeting, Curtis Morgan also said the company is looking at energy storage opportunities and criticized the Trump Administration's plans to support ailing coal and nuclear plants.
By Peter Maloney • June 14, 2018 -
Consumers Energy to file plan for no coal, 43% renewables
The utility seeks to close its Karn coal plant and employ a barrage of grid modernization tools, demand response and efficiency to reduce demand by more than 20%.
By Robert Walton • June 14, 2018
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