Corporate News: Page 91
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Cleco requests rehearing for investors' failed $4.9B bid to buy utility
The utility says it was not allowed to sufficiently rebut protestors' claims during a hearing on the deal.
By Robert Walton • March 15, 2016 -
Westar Energy to mull 'strategic options,' including potential sale
The largest utility in Kansas is said to be considering its options, including a potential sale of the company.
By Robert Walton • March 14, 2016 -
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 -
Duke Energy appeals $6.6M fine for Dan River coal ash spill
Duke Energy said the fine, issued by the North Carolina Department of Environmental Quality, was unfair in light of the other actions the utility has taken to address the Dan River coal ash accident that dumped more than 30,000 tons of the toxic waste into the nearby river in 2014.
By Herman K. Trabish • March 11, 2016 -
Deep Dive
Dueling studies draw battle lines for next Arizona utility-solar showdown
Studies commissioned by APS and TASC have hugely different approaches to solar valuation, but share an important piece of common ground.
By Herman K. Trabish • March 10, 2016 -
SDG&E issues call for 140 MW of renewables, DERs, demand-side resources
The utility has issued an RFO for storage, renewables, distributed generation, energy efficiency and demand response resources to comply with CPUC procurement targets.
By Herman K. Trabish • March 9, 2016 -
Vivint Solar pulls the plug on the $1.82B SunEdison merger deal
The rooftop solar developer said SunEdison struggled to meet its obligations under the merger agreement.
By Krysti Shallenberger • March 8, 2016 -
Deep Dive
Clean coalition: How utilities and greens teamed up to pass Oregon's 50% RPS
A unique combination of threat and opportunity brought Oregon’s investor-owned utilities to the negotiating table, but not everyone is pleased with the results.
By Herman K. Trabish • March 7, 2016 -
New York independent energy providers snare temporary stay of new rules
Energy service companies convinced a judge to delay implementation of new restrictions on their businesses as the state looks to clamp down on reports of rampant overcharging.
By Robert Walton • March 7, 2016 -
Dominion to expand natural gas reach with $4.4B Questar deal
The companies filed merger applications with Wyoming and Utah regulators, while also provided notice of the proposed $4.4 billion deal to the Idaho Public Utilities Commission.
By Robert Walton • March 7, 2016 -
As hearings close, Hawaii regulators prep for decision HEI-NextEra deal by end of year
Hawaii Public Utilities Commission Chairman Randy Iwase has indicated he believes the review could be complete by this fall. Most intervenors are opposed to the deal.
By Robert Walton • March 4, 2016 -
Florida regulators approve first community solar program for Gulf Power
The Southern Co. subsidiary’s program will let customers without suitable roofs buy solar and receive bill credits — for a fee.
By Herman K. Trabish • March 4, 2016 -
Texas regulators to consider portions of Hunt's acquisition plan for Oncor
The Public Utility Commission of Texas will consider some portions of Ray Hunt's plan to buy Oncor out of bankruptcy, but initial signs indicate regulators are skeptical.
By Robert Walton • March 3, 2016 -
Oregon bill to curb coal, set 50% RPS heads to governor after Senate passage
Gov. Kate Brown is expected to sign the bill to set a 50% renewable energy standard and eliminate coal from the state's power mix.
By Herman K. Trabish • March 3, 2016 -
Deep Dive
As Xcel pushes non-wire alternatives, solar+storage pilot sparks utility ownership debate
Everyone loves that Xcel Minnesota is considering DERs instead of traditional infrastructure, but not that the utility wants to own them itself.
By Herman K. Trabish • March 3, 2016 -
Oregon bill to curb coal use, set 50% renewables mandate heads to Senate after House passage
After an earlier version of the bill was caught up in weeks of partisan wrangling, backers say they expect a quick passage in the Senate before the end of the week.
By Herman K. Trabish • March 2, 2016 -
Updated: DC ratepayer advocate opposes revised Exelon-Pepco merger terms
The Office of People's Counsel said in a release Tuesday that the conditions put on a settlement agreement by the Public Service Commission last week mean the deal is no longer in the interest of ratepayers.
By Gavin Bade • March 1, 2016 -
Minnesota Power line approved to link Canadian hydro and storage to Midwest wind
The Great Northern transmission line line will help the Minnesota utility access hydropower and pumped storage facilities in Manitoba.
By Herman K. Trabish • March 1, 2016 -
Deep Dive
'Only a matter of time': U.S. offshore wind struggles to get off the ground
The U.S. offshore wind industry still lags far behind Europe and China but it has its first steel in the water and sees growth in its future.
By Herman K. Trabish • March 1, 2016 -
Montana-Dakota Utilities drops demand charge push after deal with solar advocates
Under deals struck with solar advocates and consumer groups, MDU rates would go up about 13% but there will be no solar-specific demand charge.
By Herman K. Trabish • Feb. 29, 2016 -
Court rejects effort to block SunEdison acquisition of Vivint through TerraForm Power
Legal approval to use its yeildco’s resources opens path to financial recovery for SunEdison.
By Herman K. Trabish • Feb. 29, 2016 -
Deep Dive
Inside the PSC: DC regulators offer clear path to Exelon-Pepco merger approval
In a surprise double vote, regulators rejected a settlement agreement on the merger and then outlined five changes to the deal that would result in its approval.
By Gavin Bade • Feb. 26, 2016 -
SolarCity rolls out storage, smart tech system for Hawaii's self-supply option
SolarCity's new product offers “demand flexibility" and could give solar owners ability to consume 90% of their generation.
By Herman K. Trabish • Feb. 26, 2016 -
Deep Dive
Updated: A brief history of the Exelon-Pepco merger saga
Two years after the deal was first announced, the merger that would create the nation's largest electric utility is coming to its conclusion. Here's a timeline of how we got here.
By Gavin Bade • Feb. 25, 2016 -
HECO cancels 3 solar contracts with SunEdison
Hawaiian Electric Companies move to cancel three SunEdison contracts put the solar developer's $336 million debt restructuring deal in doubt, and sparked the ire of Hawaii's Public Utilities Commission Chair Randy Iwase.
By Herman K. Trabish • Feb. 25, 2016 -
Maine utilities, solar advocates back new bill to replace net metering, grow solar
Under the new bill, utilities would act as "standard buyers" for solar of all types, aggregating multiple generation facilities and bidding them into electricity markets.
By Herman K. Trabish • Feb. 25, 2016