Corporate News: Page 68
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Puerto Rico's utility strikes debt renegotiation deal
Changes to its debt agreements could save the utility more than $2 billion over five years.
By Robert Walton • April 10, 2017 -
State lawmakers push for Atlantic Coast Pipeline approval as greens vow appeal
Critics of the Atlantic Coast Pipeline proposal say it is unnecessary, while more than a dozen lawmakers are pressing federal regulators to approve the natural gas project.
By Robert Walton • April 7, 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 -
Pixabay
PacifiCorp long-term plan includes 3 GW of renewable energy
The six-state, $3.5 billion plan also predicts efficiency will offset 88% of forecasted demand growth over the next decade.
By Robert Walton • April 5, 2017 -
from Spruce Financial (used with permission)
Report: Efficiency, demand response spending continues to rise, nears $9B
Spending on demand side management programs in the United States and Canada grew 1% in 2015, according to the Consortium for Energy Efficiency.
By Robert Walton • April 5, 2017 -
Nest
PNM taps Comverge to manage 60 MW smart thermostat demand response program
The agreement, which could begin next year, would target commercial and residential customers using both direct installations of smart thermostats and a bring-your-own-device approach.
By Robert Walton • April 5, 2017 -
SCE
Greensmith software updates AEP storage facility to sell frequency regulation
A 14 MWh battery previously only used for backup power was reconfigured to sell into PJM markets.
By Peter Maloney • April 5, 2017 -
Fotolia
National Grid proposes 1,200 MW Canada-New England transmission line
The Granite State Power Link would be a commercial project, not funded by National Grid ratepayers.
By Robert Walton • April 4, 2017 -
Deep Dive
Pushed by REV, ConEd tests new utility business models in New York
The nation's largest city is the proving ground for a slate of REV pilot projects aimed at modernizing operations and diversifying revenue.
By Robert Walton • April 3, 2017 -
Lyon Group plans to build the world's biggest solar+storage project in South Australia
The developer said the 330 MW solar storage facility will be paired with a 400 MWh battery system.
By Peter Maloney • March 31, 2017 -
Macquarie, CIT close project financing for AMS' 50 MW energy storage fleet
Macquarie bought the projects in August 2016 from Advanced Microgrid Solutions, which will serve as the projects’ asset manager.
By Peter Maloney • March 30, 2017 -
Nuclear firm Westinghouse files for Chapter 11 bankruptcy protection
The nuclear development firm's bankruptcy is expected to make the economics of new-build plants even more challenging.
By Peter Maloney • March 29, 2017 -
Deep Dive
'Million rate bases': TFC makes the case for a new IOU business model in Hawaii
A fledgling holding company wants utilities to connect their customers with distributed resources — and earn a rate of return for doing so.
By Gavin Bade • March 24, 2017 -
Deep Dive
Hawaii PUC chair lifts lid on NextEra rejection, ongoing DER dockets
Chairman Randy Iwase says he has "no regrets" over his decision to reject NextEra's proposed merger with Hawaiian Electric Co.
By Gavin Bade • March 23, 2017 -
Fotolia
OpinionHow the cloud can change the utility business model
Cloud-based solutions can save utilities money in the long-term as an alternative to monolithic legacy systems, writes Stuart Ravens, principal research analyst at Navigant Research.
By Stuart Ravens • March 22, 2017 -
EDF Renewable Energy wades into the C&I DER space with new business unit
The company created a business unit focusing on distributed solar and storage projects of up to 30 MW for C&I and utility customers.
By Peter Maloney • March 20, 2017 -
BOEM: Offshore wind lease requests pick up in the Northeast
The agency reviewed two unsolicited lease requests from two companies seeking to develop offshore wind off the coast of New York and Massachusetts.
By Krysti Shallenberger • March 16, 2017 -
Northeast utilities scramble to restore power to thousands after Winter Storm Stella
The storm left more than 200,000 residents without power on the East Coast yesterday, but most were restored within a day.
By Krysti Shallenberger • March 15, 2017 -
Northeastern utilities gear up for Winter Storm Stella as thousands face blackouts
At least 46,000 people in Central Virginia and 12,000 in Delaware woke up in the dark this morning as the nor'easter moves up the East Coast.
By Krysti Shallenberger • March 14, 2017 -
KIUC
Tesla's dispatchable solar+storage project in Hawaii brought online
The 52 MWh battery project will feed energy into Kauai's grid to meet peak demand in the evening hours.
By Robert Walton , Krysti Shallenberger • March 13, 2017 -
Tesla quietly halts sales of its DC Powerwall 2 outside US
In Europe and Australia, Tesla will only offer an AC version of its residential battery, which includes a built-in inverter.
By Peter Maloney • March 6, 2017 -
California's largest utility offers farm rates, efficiency programs to marijuana growers
"Cannabis is a legal crop in our state, like almonds and tomatoes," said Deborah Affonsa, vice president of customer service at Pacific Gas & Electric.
By Robert Walton • March 6, 2017 -
Deep Dive
Homer City plant struggles demonstrate coal's uncertain future in Trump era
The Pennsylvania coal plant has been through bankruptcy twice, but the economics for coal fired generation in the region are still just as challenging.
By Peter Maloney • March 3, 2017 -
Fotolia
Arizona Public Service, solar industry reach critical rate case settlement
The deal reduces rooftop solar compensation and lets customers choose from a variety of rate designs, including time-of-use and demand-based rates.
By Krysti Shallenberger • March 1, 2017 -
NRG CEO: Independent power producer model 'obsolete'
The CEO of one of the country's largest independent power producers no longer believes that business is viable.
By Robert Walton • March 1, 2017 -
PG&E restructures rate tiers to better cover costs of service
Beginning today, PG&E will charge rates based on two rather than three tiers of power use.
By Robert Walton • March 1, 2017
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