Corporate News: Page 50
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Deep Dive
Bailout doubt – PG&E faces bankruptcy amid California's 'first climate change-caused emergency'
Stakeholders say few will benefit from bankruptcy, but alternatives have been dubbed "politically too hot to touch."
By Herman K. Trabish • Jan. 22, 2019 -
Southern CEO: Georgia Power to consider resilience in IRP for first time
"Maybe you take coal plants out of service but you keep them alive in the event that you have a resiliency emergency," Tom Fanning told a Washington audience Thursday.
By Iulia Gheorghiu • Jan. 18, 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 -
San Francisco considering municipal utility as PG&E prepares bankruptcy filing
The city government's retail water and power provider is planning for when PG&E files for Chapter 11 protections, "including possibility of acquiring or building electrical infrastructure assets."
By Gavin Bade • Updated Jan. 15, 2019 -
PG&E to file for bankruptcy protection as California wildfire costs mount
The company that emerges from the Chapter 11 proceeding could look quite different from the large, investor-owned utility holding company that is the biggest player in California.
By Gavin Bade • Updated Jan. 14, 2019 -
California regulators move to outline wildfire cost recovery as PG&E teeters
The CPUC opened a docket to determine how much PG&E can pay for wildfire damages on the same day that Moody's downgraded its credit rating four notches.
By Gavin Bade • Jan. 11, 2019 -
New California governor prioritizes PG&E as CPUC moves to examine wildfire cost recovery
Democrat Gavin Newsom is reportedly having long conversations with PG&E executives as the utility hires several financial advisors to explore its options.
By Larry Pearl • Jan. 10, 2019 -
AEP seeks 1.2 GW of wind proposals, nearly six months after canceling $4.5B Wind Catcher
AEP subsidiary Southwestern Electric Power Company launched the request Tuesday to take advantage of the federal Production Tax Credit by December 2021.
By Catherine Morehouse • Jan. 9, 2019 -
Hawaiian Electric submits 7 projects totaling over 1 GWh storage, 260 MW solar for regulatory review
Six of the seven solar+storage projects offer record-low prices for solar-plus-storage grid-scale developments in the state.
By Iulia Gheorghiu • Jan. 8, 2019 -
Arizona names head regulator critical of APS political influence
New ACC Chairman Bob Burns could have the votes to force campaign spending disclosures from Arizona Public Service and its parent company.
By Iulia Gheorghiu • Updated Jan. 9, 2019 -
Deep Dive
Utilities look to Netflix audience clustering model for customer engagement
As efforts to engage customers grow, utilities are looking to data analytics, online portals and personalized messaging to better understand diverse customer preferences.
By Herman K. Trabish • Jan. 8, 2019 -
Connecticut moves to preserve Millstone nuclear plant with 10-year power deal
Plant operator Dominion has warned that the state's sole nuclear generator could close without a deal, which must now be approved by state regulators.
By Iulia Gheorghiu • Jan. 3, 2019 -
With Hogan 'no' vote, Maryland board rejects Columbia Gas pipeline expansion
Environmental activists hope the governor's vote represents a major shift in energy policy, but company officials remain committed to building the 3.5-mile pipeline.
By Robert Walton • Jan. 3, 2019 -
Deep Dive
10 trends shaping the electric power sector in 2019
From coal bailouts to batteries and wind and solar growth, here are the issues that will define the year to come.
By Gavin Bade • Jan. 2, 2019 -
California AG: PG&E could be prosecuted for murder
Any charges would need to be filed by local officials, but if PG&E's equipment was operated in a reckless manner and is found responsible for sparking wildfires, the utility could face criminal prosecution.
By Robert Walton • Jan. 2, 2019 -
As California considers breaking up PG&E, utility 'open to a range of solutions'
The Friday before Christmas, state regulators said they would evaluate whether to split Pacific Gas & Electric's natural gas and electricity divisions into separate companies.
By Robert Walton • Dec. 28, 2018 -
Our 10 best stories of 2018
Our top stories of the year illustrate the decline of coal-fired generation and the numerous policy surprises that came out of the federal government this year.
By Gavin Bade • Dec. 21, 2018 -
In major restructuring, ABB shifts from heavy electrical manufacturing to distributed energy
ABB is turning to distributed generation in Europe, stepping back from the Asian market for heavy electric equipment through the sale of its power transmission business to Hitachi.
By Peter Maloney • Dec. 20, 2018 -
Merger, they wrote: Avista and Hydro One ask Washington regulators to reconsider rejection
The utilities seek a rehearing, saying the Utilities and Transportation Commission misunderstood the political risks related to their proposed $6.7 billion merger.
By Peter Maloney • Dec. 19, 2018 -
The image by DJSlawSlaw is licensed under CC BY-SA 3.0
South Carolina regulators approve Dominion acquisition of SCANA
The unanimous decision could end the battle over how to pay for the failed V.C. Summer nuclear project, but company officials say they will wait for the final order to close the deal.
By Robert Walton • Dec. 17, 2018 -
Deep Dive
As PacifiCorp and other analyses point to more coal shutdowns, replacement questions rise
A recent PacifiCorp analysis points to a growing trend among utilities, and analysts are watching to see how modeling and reliability issues can best be addressed as retirements continue.
By Herman K. Trabish • Dec. 13, 2018 -
Georgia Power seeks 540 MW of renewables in final REDI solicitation
Through its Renewable Energy Development Initiative, the Southern Company subsidiary is targeting 1,200 MW of renewable energy resources.
By Robert Walton • Dec. 11, 2018 -
JP Morgan enters $200M joint venture to fund solar+storage developer
8minutenergy Renewables received capital commitments from the investment bank and an affiliate of Upper Bay Infrastructure Partners to support its project pipeline of over 10 GW of utility solar and energy storage.
By Iulia Gheorghiu • Dec. 11, 2018 -
In first, Virginia regulators reject Dominion Integrated Resource Plan
Regulators said Dominion's power demand forecasts are unrealistically high, which could raise questions about a number of infrastructure investments, including the Atlantic Coast Pipeline.
By Gavin Bade • Updated Dec. 10, 2018 -
Colorado co-op seeks exit from coal-heavy Tri-State to pursue renewables
The Delta Montrose Electric Association asked regulators to set a fair price for it to exit the Tri-State Generation & Transmission Association.
By Gavin Bade • Dec. 7, 2018 -
Utilities not leveraging 'unique' advantages to address low pension funding: report
Utility pension plan funding levels are low relative to other sectors, SEI Institutional found, with a median funding level of 78%.
By Robert Walton • Dec. 6, 2018