Corporate News: Page 61
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DOE grid study sparks mixed reviews from power sector
The study's findings did not go against the broad industry consensus, as some feared they might. But the study still drew mixed reactions and disappointment, especially with its recommendations.
By Krysti Shallenberger • Aug. 25, 2017 -
DOE releases highly anticipated grid study, faults natural gas for baseload retirements
The study found cheap natural gas to be the greatest driver of plant retirements — and most notably, did not find renewables to be a threat to grid reliability.
By Krysti Shallenberger • Aug. 23, 2017 -
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 -
Southern Co. flickr
Mississippi Power misses Kemper settlement deadline
State regulators previously advised stakeholders that a settlement should not include a rate increase for Mississippi Power customers.
By Peter Maloney • Aug. 23, 2017 -
Opinion
Driving meaningful customer engagement
Amena Ali, chief revenue officer at Whisker Labs, outlines how utilities can drive customer engagement.
By Amena Ali • Aug. 22, 2017 -
Battery storage manufacturer Alevo files for bankruptcy
The company cited "significant production challenges" and "insufficient revenue to continue operations" as primary factors.
By Peter Maloney • Aug. 22, 2017 -
Sponsored by EsriSpotting network vulnerabilities and optimizing assets: the power of location intelligence
Infrastructure-based industries are changing. Make sure your utility company is focused on the right path to operational intelligence.
By Bill Meehan • Aug. 21, 2017 -
Sempra swoops in with $9.5B Oncor bid after Buffett's Berkshire loses out
Energy Future Holdings abandoned a bid from Berkshire Hathaway after its main creditor criticized Warren Buffett for undervaluing the company's prized asset.
By Krysti Shallenberger • Aug. 21, 2017 -
Energy Capital Partners to acquire Calpine for $5.6B
ECP will acquire the merchant generator for $15.25/share in cash and is expected to close the deal in the first quarter of 2018.
By Krysti Shallenberger • Aug. 18, 2017 -
Berkshire Hathaway stands pat on $18.1B offer for Oncor
Warren Buffett's company is betting the simplicity of its offer will top a potential $18.5 billion bid from Elliott Management.
By Robert Walton • Aug. 18, 2017 -
Ohio regulators reject challenge to FirstEnergy subsidy
Last year, state regulators allowed FirstEnergy to collect an additional $204 million annually for grid modernization efforts. Opponents say the extra monies will go toward keeping struggling coal and nuclear plants afloat.
By Robert Walton • Aug. 17, 2017 -
Utility-backed Energy Impact Partners invests $10M in cybersecurity firm Dragos
The investment from EIP, Allegis Capital and DataTribe will grow the company's workforce in response to demand for cybersecurity services.
By Robert Walton • Aug. 15, 2017 -
Ratepayer sues SCE&G as lawmakers scramble for Summer completion plan
A lawsuit seeking class action status accuses South Carolina Electric & Gas of mismanaging $1 billion in ratepayer funds for the abandoned expansion of the Summer nuclear plant.
By Gavin Bade • Aug. 14, 2017 -
Bloomberg: NRG courting 7 buyers for renewable energy assets
NextEra Energy, Blackstone and Global Infrastructure Buyers are among the seven companies reportedly mulling bids for the company's renewable energy assets.
By Krysti Shallenberger • Aug. 14, 2017 -
Tesla
Tesla installs first Solar Roof systems — on employees' homes
Co-founder Elon Musk says he has already outfitted his roof with the system and plans to roll out the product to more employees for testing and observation.
By Mary Tyler March • Aug. 10, 2017 -
Wikimedia
Arizona regulators vote to hire lawyers in defense against APS political-spending case
Four of the five Arizona Corporation Commissioners voted to hire lawyers to defend themselves after Commissioner Bob Burns added them to his political-spending case.
By Robert Walton • Aug. 10, 2017 -
Deep Dive
Challenge for merchant generators is opportunity for private equity
As merchant generators retreat to improve their financials, private equity players are targeting the energy sector with billions of dollars.
By Peter Maloney • Aug. 9, 2017 -
Stem
Stem, CPower will pair DR, energy storage for dispatchable virtual power plants
The partnership will give utilities access to dispatchable virtual power plants, with both companies eyeing California as one of the first markets.
By Peter Maloney • Aug. 9, 2017 -
Federal judge rules TVA cannot leave Gallatin coal ash in place
The Tennessee Valley Authority will need to remove coal ash from pits at its Gallatin Fossil Plant and place it in a lined site.
By Robert Walton • Aug. 8, 2017 -
Exelon to push for PJM market reforms to add to ZEC wins
Market operators should consider compensating resiliency attributes provided by nuclear generators, executives said in an earnings call.
By Peter Maloney • Aug. 7, 2017 -
Report: Talen Energy to halt retail offerings for residential, small business customers
The company plans to focus on its core business of merchant generation while keeping retail options for large businesses and industrial customers.
By Robert Walton • Aug. 7, 2017 -
NRG CEO predicts ERCOT margins to shrink further
Plant delays and cancelations could drop the reserve margin from almost 19% into the single digits, NRG Energy CEO Mauricio Gutierrez said last week.
By Robert Walton • Aug. 7, 2017 -
Alliant Energy spending $900M to expand Iowa wind resources
The company is planning for 1 GW of wind energy with investments in two projects made by its subsidiary, Interstate Power and Light.
By Robert Walton • Aug. 7, 2017 -
Duke defends rate increase to pay for North Carolina coal ash cleanup
By some estimates, coal ash cleanup in the state could cost close to $5 billion.
By Robert Walton • Aug. 7, 2017 -
Vogtle nuke cost could top $25B as decision time looms
Southern Co. expects to submit cost estimates and construction recommendations to the Georgia PSC this month.
By Gavin Bade • Aug. 3, 2017 -
SCANA CEO: White House did not respond to pleas for Summer nuke support
Kevin Marsh said he and his Santee Cooper counterpart spoke to Secretary of Energy Rick Perry and other senior White House officials.
By Peter Maloney • Aug. 3, 2017
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