Corporate News: Page 58


  • Image shows a darkened street in Puerto Rico, after Hurricane Maria knocked out the island's power.
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    Photo by Alex Wroblewski/Getty Images
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    FEMA will probe Whitefish-PREPA contract, citing 'significant concerns'

    FEMA issued a statement Friday saying it was not involved in selecting Whitefish, but will work with PREPA's legal team to review the contracting process. 

    By Oct. 27, 2017
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    GE enters deal to make NYPA 'first fully digital utility'

    The agreement aims to digitize New York Power Authority's entire system to boost reliability and decrease its carbon footprint. 

    By Peter Maloney • Oct. 27, 2017
  • A picture of wind turbines in front of solar panels in Palm Springs, California. Explore the Trendlineâž”
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    Kevork Djansezian via Getty Images
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    Trendline

    Sustainability

    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
  • Whitefish-PREPA contract aimed to avoid government oversight

    "In no event," the leaked contract reads, will government agencies "have the right to audit or review the cost and profit elements" of Whitefish's work. 

    By Oct. 27, 2017
  • Vistra close to purchasing Dynegy, WSJ reports

    The Journal first reported in May that the two companies were in talks to combine, and the paper warns discussions could still fall apart before a deal is reached.

    By Oct. 26, 2017
  • Storage, smart grid and energy efficiency companies see jump in VC funding: Mercom Capital

    The technologies are on track to beat the $1.3 billion secured in 2016 after a 35% year-over-year increase in funds raised through the first nine months of 2017.

    By Peter Maloney • Oct. 25, 2017
  • SEC investigating SCANA over abandoned Summer nuke expansion

    Multiple shareholder lawsuits argue SCANA executives misled investors about progress at the now-cancelled nuclear plant, and now the SEC is involved. 

    By Oct. 17, 2017
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    Array Technologies Inc.
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    Deep Dive

    California solar pilot shows how renewables can provide grid services

    A utility-scale solar pilot project demonstrated how solar can compete with natural gas over grid services and cost. 

    By Oct. 16, 2017
  • FERC, Barclays near settlement over $435M fine for US market manipulation

    Federal regulators in 2013 ordered Barclays to pay a $435 million fine and disgorge almost $35 million in profits for manipulating electricity prices in California between 2006 and 2008.

    By Oct. 16, 2017
  • Luminant to close 2 more Texas coal plants despite Trump support

    The utility has announced plans to close three coal plants, despite the Trump administration's moves to bolster the resource and repeal the Clean Power Plan. 

    By Krysti Shallenberger • Oct. 13, 2017
  • North Korea likely targeted US power companies in spear phishing campaign, firm says

    Cybersecurity firm FireEye said it detected and stopped spear phishing emails sent to U.S. electric companies by known cyber actors likely affiliated with the North Korean government. 

    By Krysti Shallenberger • Oct. 12, 2017
  • Opinion

    What do millennials want from their energy providers?

    Millennials are far more willing than non-millennials to pay for renewable energy resources, but also more willing to change providers, if they can get better value and/or better service, the Smart Energy Consumer Collaborative found.

    By Patty Durand • Oct. 12, 2017
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    Fotolia
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    Deep Dive

    Transmission developers power forward in West as move to single market inches along

    New lines are moving ahead and new deals are being closed, despite political pushback against California’s plan for a new regional market.

    By Oct. 12, 2017
  • Updated: First Solar wades into solar trade case fight, supports Suniva, SolarWorld

    The thin-film developer would benefit from tariffs, and is a member of the Solar Energy Industries Association, which opposes the remedies. 

    By Krysti Shallenberger • Oct. 11, 2017
  • Deep Dive

    Pruitt's move to repeal CPP sets up prolonged battle over carbon regulations

    Critics say it could be years before EPA head Scott Pruitt replaces the Clean Power Plan, effectively halting any efforts to regulate carbon emissions. 

    By Krysti Shallenberger • Oct. 11, 2017
  • Deep Dive

    Nuclear plant closures to test sufficiency of decommissioning funds

    The growing number of shutdowns will test how well funding levels match decommissioning cost estimates. 

    By Peter Maloney • Oct. 10, 2017
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    Kessler Air Force Base
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    Hurricane Nate takes out power to 60K in Southeast

    The Category 1 storm made landfall twice in the northern part of the Gulf Coast, slamming Mississippi, Alabama and Florida, and leaving more than 100,000 in the dark at its peak. 

    By Krysti Shallenberger • Oct. 9, 2017
  • As DOE seeks to boost coal, Luminant to shut major Texas plant

    The company said it will take 1,800 MW of the Monticello power plant offline in January, citing unprecedented low power prices that have "profoundly impacted its operating revenues." 

    By Peter Maloney • Oct. 9, 2017
  • Updated: Duke Energy threatened with lawsuit over coal ash plan for Belews Creek

    Duke Energy has agreed to clean up coal ash at 10 out of 16 sites in North Carolina. The potential litigation targets Belews Creek, one of the six remaining sites.

    By Peter Maloney • Oct. 6, 2017
  • Puente gas plant should not be approved, California energy committee says

    A California Energy Commission committee said the proposed NRG Energy project would spark "significant unmitigated environmental effects" and fail to align with several policies and laws. 

    By Krysti Shallenberger • Oct. 6, 2017
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    Harvard survey: Only one-third of businesses have developed resiliency plans

    If city leaders want businesses to get on board with resiliency and sustainability plans, they should target their concerns: costs and continuity of operations.

    By Cody Boteler • Oct. 5, 2017
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    Deep Dive

    Utility success with corporate renewables demand raises questions for existing load

    New utility green tariffs give new customers renewables options, but existing demand could mean stranded assets.

    By Oct. 5, 2017
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    Pixabay
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    Western states push to expand EV charging network

    The electric vehicle corridor will knit together 5,000 miles of freeways and 11 interstates across seven Western states. 

    By Krysti Shallenberger • Oct. 5, 2017
  • Sempra to seek total ownership of Energy Future Holdings in new filing

    The energy company included ring-fencing and management preservation commitments for Oncor, EFH's prized utility subsidiary, in its application to Texas regulators. 

    By Krysti Shallenberger • Oct. 5, 2017
  • Deep Dive

    How Target uses demand response to cut energy, supply chain costs

    Target has 815 locations in 31 states enrolled in 140 different programs, allowing the company to cut HVAC 36,000 times over the course of six months.

    By Deborah Abrams Kaplan • Oct. 4, 2017
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    Deep Dive

    ITC seeks more details as solar sector battles over remedies in trade case hearing

    More than 50 stakeholders crowded the ITC's hearing room to debate the merits of proposed tariffs as well as a quota and floor price in a nine-hour hearing Tuesday. 

    By Krysti Shallenberger • Oct. 4, 2017