Corporate News: Page 65
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Storage, smart grid and energy efficiency companies see jump in VC funding: Mercom Capital
The technologies are on track to beat the $1.3 billion secured in 2016 after a 35% year-over-year increase in funds raised through the first nine months of 2017.
By Peter Maloney • Oct. 25, 2017 -
SEC investigating SCANA over abandoned Summer nuke expansion
Multiple shareholder lawsuits argue SCANA executives misled investors about progress at the now-cancelled nuclear plant, and now the SEC is involved.
By Gavin Bade • Oct. 17, 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 -
Deep Dive
California solar pilot shows how renewables can provide grid services
A utility-scale solar pilot project demonstrated how solar can compete with natural gas over grid services and cost.
By Herman K. Trabish • Oct. 16, 2017 -
FERC, Barclays near settlement over $435M fine for US market manipulation
Federal regulators in 2013 ordered Barclays to pay a $435 million fine and disgorge almost $35 million in profits for manipulating electricity prices in California between 2006 and 2008.
By Robert Walton • Oct. 16, 2017 -
Luminant to close 2 more Texas coal plants despite Trump support
The utility has announced plans to close three coal plants, despite the Trump administration's moves to bolster the resource and repeal the Clean Power Plan.
By Krysti Shallenberger • Oct. 13, 2017 -
North Korea likely targeted US power companies in spear phishing campaign, firm says
Cybersecurity firm FireEye said it detected and stopped spear phishing emails sent to U.S. electric companies by known cyber actors likely affiliated with the North Korean government.
By Krysti Shallenberger • Oct. 12, 2017 -
Deep Dive
Transmission developers power forward in West as move to single market inches along
New lines are moving ahead and new deals are being closed, despite political pushback against California’s plan for a new regional market.
By Herman K. Trabish • Oct. 12, 2017 -
Opinion
What do millennials want from their energy providers?
Millennials are far more willing than non-millennials to pay for renewable energy resources, but also more willing to change providers, if they can get better value and/or better service, the Smart Energy Consumer Collaborative found.
By Patty Durand • Oct. 12, 2017 -
Updated: First Solar wades into solar trade case fight, supports Suniva, SolarWorld
The thin-film developer would benefit from tariffs, and is a member of the Solar Energy Industries Association, which opposes the remedies.
By Krysti Shallenberger • Oct. 11, 2017 -
Deep Dive
Pruitt's move to repeal CPP sets up prolonged battle over carbon regulations
Critics say it could be years before EPA head Scott Pruitt replaces the Clean Power Plan, effectively halting any efforts to regulate carbon emissions.
By Krysti Shallenberger • Oct. 11, 2017 -
Deep Dive
Nuclear plant closures to test sufficiency of decommissioning funds
The growing number of shutdowns will test how well funding levels match decommissioning cost estimates.
By Peter Maloney • Oct. 10, 2017 -
Hurricane Nate takes out power to 60K in Southeast
The Category 1 storm made landfall twice in the northern part of the Gulf Coast, slamming Mississippi, Alabama and Florida, and leaving more than 100,000 in the dark at its peak.
By Krysti Shallenberger • Oct. 9, 2017 -
As DOE seeks to boost coal, Luminant to shut major Texas plant
The company said it will take 1,800 MW of the Monticello power plant offline in January, citing unprecedented low power prices that have "profoundly impacted its operating revenues."
By Peter Maloney • Oct. 9, 2017 -
Updated: Duke Energy threatened with lawsuit over coal ash plan for Belews Creek
Duke Energy has agreed to clean up coal ash at 10 out of 16 sites in North Carolina. The potential litigation targets Belews Creek, one of the six remaining sites.
By Peter Maloney • Oct. 6, 2017 -
Puente gas plant should not be approved, California energy committee says
A California Energy Commission committee said the proposed NRG Energy project would spark "significant unmitigated environmental effects" and fail to align with several policies and laws.
By Krysti Shallenberger • Oct. 6, 2017 -
Harvard survey: Only one-third of businesses have developed resiliency plans
If city leaders want businesses to get on board with resiliency and sustainability plans, they should target their concerns: costs and continuity of operations.
By Cody Boteler • Oct. 5, 2017 -
Deep Dive
Utility success with corporate renewables demand raises questions for existing load
New utility green tariffs give new customers renewables options, but existing demand could mean stranded assets.
By Herman K. Trabish • Oct. 5, 2017 -
Western states push to expand EV charging network
The electric vehicle corridor will knit together 5,000 miles of freeways and 11 interstates across seven Western states.
By Krysti Shallenberger • Oct. 5, 2017 -
Sempra to seek total ownership of Energy Future Holdings in new filing
The energy company included ring-fencing and management preservation commitments for Oncor, EFH's prized utility subsidiary, in its application to Texas regulators.
By Krysti Shallenberger • Oct. 5, 2017 -
Deep Dive
How Target uses demand response to cut energy, supply chain costs
Target has 815 locations in 31 states enrolled in 140 different programs, allowing the company to cut HVAC 36,000 times over the course of six months.
By Deborah Abrams Kaplan • Oct. 4, 2017 -
Deep Dive
ITC seeks more details as solar sector battles over remedies in trade case hearing
More than 50 stakeholders crowded the ITC's hearing room to debate the merits of proposed tariffs as well as a quota and floor price in a nine-hour hearing Tuesday.
By Krysti Shallenberger • Oct. 4, 2017 -
Deep Dive
New tariff proposals put solar in 'a land of complete uncertainty' ahead of ITC hearing
The fight over solar imports enters its next round as the ITC prepares to deliver recommendations to the president to address harm to U.S. manufacturers.
By Herman K. Trabish • Oct. 3, 2017 -
Sonnen pledges to build microgrids in Puerto Rico
The announcement comes as rival battery provider Tesla says it will deliver "hundreds" of its residential battery systems to the island in the coming weeks.
By Peter Maloney • Oct. 2, 2017 -
Report: Blackstone, Apollo bid for bankrupt nuke firm Westinghouse
Westinghouse filed for bankruptcy in March after problems at two nuclear nuclear plants it is constructing in the United States.
By Peter Maloney • Sept. 29, 2017 -
Tampa Electric agreement calls for 600 MW of new solar power by 2021
The projects stem from an agreement reached with consumer groups and will significantly boost the utility's 27 MW of current solar capacity.
By Peter Maloney • Sept. 29, 2017