Corporate News: Page 64
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PREPA CEO: Whitefish contract selected due to logistical issues with mutual aid
Ricardo Ramos joined Puerto Rico Gov. Ricardo Rosselló and others on Capitol Hill Tuesday, fielding questions on power restoration and utility reform in the territory.
By Gavin Bade • Nov. 15, 2017 -
PG&E shifts wine country wildfire blame to third-party equipment
California's Department of Forestry and Fire Protection has been investigating whether fallen power lines owned by Pacific Gas & Electric could have sparked deadly wildfires last month.
By Robert Walton • Nov. 13, 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 -
NRG Energy, Toshiba deploy 2 MW battery storage system in ERCOT
The project will help integrate wind power in the Electric Reliability Council of Texas.
By Peter Maloney • Nov. 13, 2017 -
US states, businesses highlight climate efforts at UN meeting in Bonn
"There is nothing Washington can do to stop us," former New York Mayor Michael Bloomberg said of the efforts.
By Robert Walton • Nov. 13, 2017 -
Head of Puerto Rico emergency management resigns amid Whitefish controversy
Whitefish Energy's now-cancelled contract is under more scrutiny, with the New York Times reporting it charged PREPA about $319 an hour for linemen work — "far above the norm."
By Robert Walton • Nov. 13, 2017 -
National Grid plans to install a 48 MWh battery storage system on Nantucket
The Massachusetts island is currently experiencing a rise in power demand and aging diesel generators, which provide partial backup power.
By Peter Maloney • Nov. 9, 2017 -
Reports: NextEra leading contender to buy Santee Cooper
Duke, Southern and Dominion are also reportedly lining up offers for the South Carolina public utility, put up for sale after the abandonment of the V.C. Summer nuclear reactor.
By Peter Maloney • Nov. 9, 2017 -
Heating and A/C company Trane acquires ice energy storage company CALMAC
Previously, CALMAC focused on building owners by using its technology to control high demand charges during peak usage from air conditioners.
By Peter Maloney • Nov. 8, 2017 -
Utility customer experience survey reveals lower cost-to-serve equals higher satisfaction
The survey — conducted by GTM Research and EnergySavvy — also found that utilities are changing how they evaluate customer satisfaction.
By Robert Walton • Nov. 8, 2017 -
Exelon's Texas merchant subsidiary files for bankruptcy
Exelon Generation Texas Power LLC has five natural gas-fired plants, but said historically low power prices in Texas created "challenging market conditions for all power generators."
By Robert Walton • Nov. 7, 2017 -
AEP to invest $1.8B in renewable energy
The utility also plans to invest $18 billion in T&D and boasts a 3,570 MW pipeline of wind and solar projects over the next seven years.
By Peter Maloney • Nov. 7, 2017 -
Despite earnings tumble, Tesla deploys 110 MWh of storage in Q3
The company said it is on track to deliver its 100 MW, 129 MWh energy storage project in South Australia, which it promised to build in 100 days.
By Peter Maloney • Nov. 3, 2017 -
Southern looks to monetize Toshiba deal, sell solar assets to fund Vogtle
The company also sold two of its gas utilities recently, all to raise cash and address increased debt levels.
By Robert Walton • Nov. 3, 2017 -
FirstEnergy won't wait to see if DOE market proposal can turn around its merchant fortunes
Despite the possibility of financial support to keep coal and nuclear plants online, CEO Charles Jones says the company remains committed to selling its merchant generation.
By Robert Walton • Oct. 31, 2017 -
Deep Dive
Utilities focus on plausibility, prevention in preparing for worst-case scenarios
From natural disasters to cyberattacks, utilities face many threats — the key, according to one Southern California Edison official, is to focus on the most likely events.
By Robert Walton • Oct. 31, 2017 -
Sponsored by Essense Partners
The top electric utility brands of 2017
This ranking of the best investor-owned electric utility brands is the result of a comprehensive investigation of over 200 measures of utility brand strength.
Oct. 31, 2017 -
PREPA to cancel Whitefish power restoration contract after widespread criticism
Controversy over the public utility's contracting process comes as critics in Puerto Rico and Washington push for far-reaching reforms, including potential privatization.
By Gavin Bade • Oct. 30, 2017 -
Vistra Energy to acquire Dynegy in $1.7B all-stock deal
The merger would combine more than 40 GW of generation capacity, creating one of the largest independent power producers in the country.
By Robert Walton • Oct. 30, 2017 -
Pharmaceutical company McKesson inks deal for NRG solar project
NRG will build the 3 MW solar facility at McKesson’s New Jersey-based distribution center, which is slated to come online in 2018.
By Peter Maloney • Oct. 30, 2017 -
Oklahoma Corporation Commission website remains down following cyberattack
While the utility sector has been upping its security measures surrounding power plants, last week's attack targeted regulators' information technology systems.
By Robert Walton • Oct. 30, 2017 -
PREPA, Gov. Rosselló reject appointment of 'chief transformation officer' for grid rebuild
The federal control board that oversees Puerto Rico's finances wants to appoint a retired Air Force Colonel with “all the powers of a chief executive officer” to direct grid rebuilding efforts.
By Gavin Bade • Oct. 27, 2017 -
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 Robert Walton • Oct. 27, 2017 -
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 -
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 Robert Walton • 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 Gavin Bade • Oct. 26, 2017