Corporate News: Page 60
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New TVA rate plan includes lower energy prices, grid access charge
The federally-owned utility says its proposed rate structure will "better align wholesale rates with the underlying costs" to serve its 154 local power companies.
By Robert Walton • March 12, 2018 -
FERC chair discloses brain tumor, surgery, says he will continue work
Chairman Kevin McIntyre was diagnosed with a "relatively small" brain tumor last summer, he said in a statement, but received "successful surgery" and will continue to work full time.
By Gavin Bade • March 12, 2018 -
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 -
PJM pushes plant payment reforms as RTOs file resilience comments at FERC
PJM wants federal regulators to set deadlines for changes to plant compensation, stoking concerns of a low-profile bailout for uneconomic generators.
By Gavin Bade • March 9, 2018 -
Energy sector condemns Trump steel, aluminum tariffs
The duties on imported metal commodities will raise prices for power sector infrastructure projects, trade groups said, and could derail Trump's "energy dominance" agenda.
By Peter Maloney • March 9, 2018 -
Deep Dive
Are utilities missing out on the opportunity to use old coal sites for solar?
Two coal-to-solar projects show there can be benefits from taking on the costs of coal site remediation and repurposing – but it is a site-by-site question.
By Herman K. Trabish • March 8, 2018 -
Sempra nabs Texas regulatory approval to buy Oncor
After numerous rejections, Oncor finally has a suitor that satisfies the state Public Utility Commission. Sempra hopes to close the sale this year.
By Robert Walton • March 8, 2018 -
GE aims to enhance solar, wind power performance with new storage platform
The company wants to make inroads into the utility-scale storage market with Reservoir, a modular, four-hour duration battery system.
By Peter Maloney • March 7, 2018 -
Utilities find groundwater contamination, radioactivity at unlined coal ash sites
The findings come as the Trump administration looks to roll back the Obama-era coal ash rule that compelled utilities to collect groundwater data.
By Robert Walton • March 5, 2018 -
Opinion
Bridging the knowledge gap with virtual and augmented reality
Digital reality can and should serve as a transitional lifeline of sorts for utilities to engage and optimize their new generation of workers.
By Michael Hartnack • March 1, 2018 -
Deep Dive
The 'stealth NOPR?' PJM CEO says market reforms are no bailout for coal
Some experts are concerned pending reforms in the nation’s largest electricity market could have similar results to a Trump administration subsidy plan rejected by federal regulators.
By Gavin Bade • March 1, 2018 -
FERC staff: Eversource, Avangrid did not withhold pipeline capacity
An October report from the Environmental Defense Fund asserted the two utilities had artificially constrained capacity on the Algonquin pipeline, driving up power prices in New England.
By Gavin Bade • Feb. 28, 2018 -
Report: Dominion rate review bill could land on Virginia governer's desk next week
The Senate version of a bill to overhaul utilities' rate review has been approved by the House of Delegates, and the House bill was advanced by a Senate committee this week. Each chamber will also need to approve the other's amendments.
By Robert Walton • Feb. 27, 2018 -
South Carolina cooperatives sue Santee Cooper over Summer nuke charge
NextEra is said to be considering a bid for the public utility, and it's unclear how the lawsuit would affect that potential merger.
By Robert Walton • Feb. 27, 2018 -
Sponsored by innogy consulting
Make, buy, or partner: New business model innovation for U.S. utilities
Discover three new business model innovation paths that can help your utility optimize opportunities.
Feb. 27, 2018 -
Michigan, Louisiana press utilities to return tax savings to customers
The federal corporate tax rate dropped to 21% in January, but some utilities are still billing customers as though the rate is 35%.
By Robert Walton • Feb. 23, 2018 -
Public Citizen says PJM violated FPA with political contributions
PJM says the nearly $500,000 it gave to the governors associations of both political parties was merely for membership fees. The liberal watchdog says that still violates the Federal Power Act.
By Gavin Bade • Feb. 21, 2018 -
LaFleur warns against PJM plan altering 'fundamental' energy market mechanics
The federal regulator said her agency should "think very hard" before it alters which resources can set market prices during an address that also touched on grid resilience and the growth of Western energy markets.
By Gavin Bade • Feb. 21, 2018 -
UPDATED: General Electric creates new unit for energy storage business
The unit will focus on commercial and industrial customers.
By Peter Maloney • Feb. 20, 2018 -
Reports: NextEra nearing bid for troubled Santee Cooper
The Florida-based utility could pay up to nearly $15.9 billion for the public utility, but exact pricing remains unclear.
By Gavin Bade • Feb. 20, 2018 -
Southern Alliance for Clean Energy calls on TVA chief to step down over 'extravagant' spending
The groups say the Tennessee Valley Authority has spent $40 million on luxury aircraft. The public power agency is also dealing with fallout from the president's proposed budget.
By Robert Walton • Feb. 13, 2018 -
APS to install 50 MW, 135 MWh solar-shifting battery
The contract with developer First Solar will allow APS to use the battery to deliver solar power when electricity use is at its peak, 3-8 p.m. each day.
By Gavin Bade • Feb. 12, 2018 -
Possible sale of Santee Cooper attracts multiple proposals amid Summer nuke fallout
Possible bidders for some or all of the state-owned utility include NextEra Energy, Duke Energy, Southern Co. and Dominion Energy. A group of state cooperatives are also pondering a bid.
By Robert Walton • Feb. 9, 2018 -
SCE&G, Dominion lobby regulators to approve merger amid push to halt Summer cost recovery
If lawmakers halt SCE&G from billing customers for the failed VC Summer nuclear development, it could scuttle the merger with Dominion.
By Robert Walton • Feb. 9, 2018 -
Energy tax credits in final budget deal
Despite previous opposition in the House, tax credits for nuclear energy, carbon capture and a variety of gas and renewable technologies are in the bill approved early Friday.
By Gavin Bade • Feb. 8, 2018 -
Federal board demands 5-year financial plan for PREPA amid privatization push
The utility must find ways to cut costs so that PREPA can deliver power "at more affordable rates," the board said in a letter to Gov. Ricardo Rosselló.
By Robert Walton • Feb. 8, 2018