Corporate News: Page 62
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Lower corporate tax rates no boon for renewables, analysts find
According to J.P. Morgan, $11 billion of tax equity financing was raised for renewable energy projects in 2016. Some of that may now be in jeopardy.
By Robert Walton • Jan. 16, 2018 -
Deep Dive
Dominion-SCANA proposal shows shareholder gains, few ratepayer benefits, analysts say
Dominion’s $14.6 billion purchase offer may be the only one on the table for the beleaguered South Carolina utility, but is it good enough to get across the finish line?
By Peter Maloney • Jan. 11, 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 -
Deep Dive
Predictions 2018: Federal policies to dominate
What will 2018 bring to the power sector? Seven experts weigh in.
By Krysti Shallenberger • Jan. 8, 2018 -
Brookfield-led group to acquire Westinghouse for $4.6B
In 2017, the nuclear engineering firm announced it was exiting the construction business as it sought to resolve its Chapter 11 bankruptcy.
By Robert Walton • Jan. 5, 2018 -
SunEdison emerges from Chapter 11 bankruptcy
With restructuring complete, the scaled-back renewables company says it will focus on monetizing its remaining assets.
By Robert Walton • Jan. 4, 2018 -
Dominion, SCANA agree to $14.6B all-stock merger
If approved, the combined company would write off $1.7 billion in costs related to the abandoned V.C. Summer nuclear plant.
By Gavin Bade • Jan. 3, 2018 -
After tax overhaul, utility regulators are pushing for lower customer rates
Multiple states have ordered utilities to examine any savings they see as a result of the lower corporate tax rate in effect this year, and to prepare to pass those savings back to customers.
By Robert Walton • Jan. 2, 2018 -
Updated: Trump approves GOP tax overhaul bill
Utilities stand to benefit, renewables dodged a bullet and nuclear energy was left out in the cold as Republicans finalized their tax rewrite.
By Gavin Bade • Dec. 22, 2017 -
Deep Dive
Has Xcel Minnesota designed the ideal residential time-of-use rate?
The pilot program, to determine if price signals can get customers to shift energy usage away from peak times, has garnered wide acclaim. The main concern? it doesn't start soon enough.
By Herman K. Trabish • Dec. 22, 2017 -
Con Edison seeks 'non-pipe' solutions to address peak gas demand
The New York utility is considering investing at least $100 million annually in a bid to avoid construction of a major new gas pipeline.
By Robert Walton • Dec. 21, 2017 -
Opinion
Enhancing customer engagement: A utility roadmap for the Amazon era
Utilities are well-positioned to provide new products and energy options, writes ICF's Phil Mihlmester, who offers several paths for companies to increase customer satisfaction and grow their business.
By Philip Mihlmester • Dec. 21, 2017 -
Deep Dive
NOPR, nukes and taxes: The top 10 Utility Dive stories of 2017
It's been a frantic year of energy news. Here's a recap of what Utility Dive readers found most important.
By Gavin Bade • Dec. 20, 2017 -
Austin Energy solar PPA could be lowest-priced in US, analysts say
GTM Research estimates a 150 MW solar contract signed last week could run as cheap as $21/MWh.
By Robert Walton • Dec. 20, 2017 -
Demand charges or 'efficiency rates'? EEI wants a wording change
A Powerpoint obtained by the Energy and Policy Institute shows trade group Edison Electric Institute suggesting utilities call controversial demand charges "efficiency rates."
By Krysti Shallenberger • Dec. 20, 2017 -
Opinion
5 steps renewable providers can take to simplify energy procurement and increase business opportunities
Utilities and other providers should customize renewable energy offerings to small and mid-cap companies or risk ceding significant significant growth opportunities, Deloitte's U.S. and Global Renewable Energy Leader, Marlene Motyka, writes.
By Marlene Motyka • Dec. 19, 2017 -
Deep Dive
How the GOP tax overhaul could affect the power sector
Congress is expected to vote on tax legislation this week. Here's a cheat sheet for what it means for your industry and more.
By Industry Dive Staff • Dec. 18, 2017 -
11-hour power outage at Atlanta airport grounds thousands of flights
Georgia Power says an underground fire damaged switching equipment that would normally trigger backup power supplies at the world's busiest airport.
By Gavin Bade • Dec. 18, 2017 -
Updated: GOP includes BEAT fix, drops nuclear credits in tax bill
The final bill would allow companies to offset 80% of BEAT payments accrued due to energy tax credits, but renewable power interests are still concerned it could stifle wind energy financing.
By Gavin Bade • Dec. 15, 2017 -
Sempra reaches Oncor settlement with stakeholders, includes ring-fence protections
Other commitments in the settlement include eliminating all debt currently at Energy Future Holdings Corp. and Energy Future Intermediate Holding Company LLC.
By Robert Walton • Dec. 15, 2017 -
Deep Dive
Power play: How a small co-op wants to open Nevada's electricity market and own it
Valley Electric Association is taking on NV Energy and dreaming big.
By Daniel Rothberg • Dec. 14, 2017 -
Virginia deals setback to Atlantic Coast Pipeline with conditional water permit approval
Construction of the major gas pipeline will be contingent on several additional studies to be reviewed by state environmental regulators, the Virginia Water Control Board decided on Tuesday.
By Gavin Bade • Dec. 13, 2017 -
Sempra secures FERC approval for Oncor purchase
The company must still secure approval from the Public Utilities Commission of Texas, a hurdle that's tripped up multiple would-be owners of Oncor.
By Gavin Bade • Dec. 12, 2017 -
Weak wholesale power markets spur GE Power job cuts
The 12,000 job reductions and prior steps in the division are expected to contribute $1 billion to GE's overall goal to reduce structural costs by $3.5 billion in 2017 and 2018.
By Peter Maloney • Dec. 12, 2017 -
Westinghouse report predicted nuclear development problems 6 years ago
New details have come to light in a Post and Courier story focused not just on the V.C. Summer nuclear station in South Carolina, but on other large-scale power failures in recent years.
By Robert Walton • Dec. 11, 2017 -
PG&E proposes clean energy alternative to new fossil fuel plant, transmission
Company President and CEO Geisha Williams says the steps to replace a jet-fueled peaker in Oakland could be "a model for other cities in California and beyond."
By Robert Walton • Dec. 8, 2017