Corporate News: Page 63
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PG&E, Exelon deals underscore power sector's foray into energy storage
PG&E has teamed up with EDF Renewables to build a storage portfolio while Exelon invests in an energy storage startup.
By Peter Maloney • Dec. 7, 2017 -
Moody's: Low interest rates, fuel costs, will support competitive public power rates in 2018
The ratings agency is maintaining its stable outlook on the U.S. public power sector for 2018, with timely cost recovery and lower capital spending requirements among the supporting factors.
By Robert Walton • Dec. 6, 2017 -
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 -
PSEG CEO: Salem, Hope Creek nukes will close absent subsidies
Critics say the plants aren't unprofitable, just not making the margins they want.
By Peter Maloney • Dec. 6, 2017 -
FirstEnergy files $450M plan to upgrade Ohio distribution grids
Customers of Ohio Edison, Cleveland Electric Illuminating and Toledo Edison could see faster restoration times in outages and a grid more capable of standing up to adverse weather conditions.
By Robert Walton • Dec. 5, 2017 -
Vogtle completion 'no longer economic,' Georgia PSC staff says
If the finances of the project do not change, regulatory staff argues it should be cancelled like the V.C. Summer nuclear expansion in South Carolina.
By Gavin Bade • Dec. 5, 2017 -
Cape Wind developers call it quits
Project opponents are celebrating after more than 15 years of fighting the 468 MW offshore wind proposal.
By Robert Walton • Dec. 4, 2017 -
Dive Awards
Project of the Year: SDG&E's Escondido energy storage project
The success of the Escondido project and other Aliso Canyon battery installations is proving energy storage's worth as a bulk power system asset.
By Gavin Bade • Dec. 4, 2017 -
Dive Awards
Utility of the Year: Southern California Edison
The California utility set in motion an ambitious plan to cut emissions, invest in grid-edge technology and deploy more energy storage than required under state mandates in a short amount of time.
By Krysti Shallenberger • Dec. 4, 2017 -
Dive Awards
The Utility Dive Awards for 2017
The 2017 Utility Dive Awards recognize the industry’s top disruptors and innovators. These executives, companies and trends are transforming the industry and shaping the future.
By Robert Walton , Gavin Bade , Krysti Shallenberger , Peter Maloney , Larry Pearl • Dec. 4, 2017 -
Dive Awards
Executive of the Year: Chris Crane, CEO of Exelon
The Exelon CEO is a driving force in state and federal actions that are shaping the future of the U.S. power sector.
By Larry Pearl • Dec. 4, 2017 -
Dive Awards
Deal of the Year: Oncor and its long list of suitors
Many have courted the largest T&D utility in Texas, but so far all have failed to impress regulators.
By Robert Walton • Dec. 4, 2017 -
Senate passes tax bill, teeing up mad lobbying rush in conference committee
Clean energy interests will push for removal of the Base Erosion Anti-Abuse Tax (BEAT) provision, while coal and nuclear lobbyists are reportedly planning a push to secure billions in tax credits for at-risk plants.
By Gavin Bade • Dec. 4, 2017 -
CPUC: SDG&E may not recover $379M from consumers for 2007 wildfires
The closely-watched decision could have implications for other utilities — including Pacific Gas & Electric which is under scrutiny for its role in wildfires that devastated Sonoma and Napa counties this fall.
By Robert Walton • Dec. 1, 2017 -
US Trade Rep pushes for another ITC report ahead of solar trade case hearing
Ambassador Robert Lighthizer asked for additional information from the International Trade Commission, pushing back a final decision from President Donald Trump to the end of January.
By Krysti Shallenberger • Nov. 30, 2017 -
West's largest coal plant to stay open through 2019 with new approval
Arizona utility Salt River Project announced Wednesday it secured approval to keep the 2,250 MW Navajo Generating Station open for more than a year.
By Gavin Bade • Nov. 30, 2017 -
PG&E expects wildfire restoration costs to hit up to $200M
In an earnings call, utility officials cautioned that it's too early to pin power equipment as responsible for sparking the massive wildfires that ripped through northern California in October.
By Krysti Shallenberger • Nov. 29, 2017 -
TVA audit reveals Bechtel overcharged by $7M for Watts Bar Unit 2 work
The allegedly excessive costs focused mainly on labor and material handling expenses in constructing the reactor, which began operation last year as the first new nuclear unit in the U.S. in two decades.
By Robert Walton • Nov. 28, 2017 -
Dynegy strikes deal to sell Brayton Point, once New England's largest coal plant
Buyer Commercial Development Co. tells Utility Dive it wants to turn the site into an industrial port and hub for offshore wind power.
By Peter Maloney • Nov. 22, 2017 -
Opinion
Overcoming the small business hurdle: Three engagement approaches for utilities
Targeting customers by vertical, leveraging data to identify potential savings, and removing financial barriers can help utilities increase participation in demand-side management programs, Ecova's Mike Kaplan writes.
By Mike Kaplan • Nov. 22, 2017 -
NERC CEO Gerry Cauley resigns after arrest on battery, family violence charges
Senior Vice President and General Counsel Charles Berardesco will serve as acting CEO while the grid reliability organization searches for a new chief.
By Robert Walton • Nov. 21, 2017 -
Class action lawsuit targets Eversource, Avangrid over pipeline scheduling
An EDF report alleging the two utilities artificially constrained pipeline capacity has sparked a class action lawsuit from consumers who say the practice raised their electricity rates.
By Gavin Bade • Nov. 20, 2017 -
Deep Dive
House cuts wind power incentives, putting sector's fate in Senate hands
Analysts expect the production tax credit to escape tax reform efforts unscathed. But broader changes in both chambers' bills could have a mixed impact on the wind industry.
By Peter Maloney • Nov. 20, 2017 -
ITC lays out case for solar tariffs in report sent to Trump
The ITC on Friday officially filed its recommendations in the solar trade case — none of which changed from when they were announced last month.
By Krysti Shallenberger • Nov. 20, 2017 -
PREPA director Ricardo Ramos resigns amid Whitefish contract scandal
The announcement comes just days after Ramos testified before a Senate committee as to how PREPA's contract — the subject of an FBI probe — was negotiated with the Montana-based firm.
By Robert Walton • Nov. 17, 2017 -
GE refocuses on power sector as a core business in new turnaround plan
The company's stock took a pounding in the wake of its investor update, with its performance hurt by slow power sector sales.
By Peter Maloney • Nov. 15, 2017