Corporate News: Page 98
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Fairness to creditors the focus as Energy Future Holdings bankruptcy trial begins
In what could be the final step to reorganization, a U.S. bankruptcy judge is being asked to approve splitting the company into two parts.
By Robert Walton • Nov. 5, 2015 -
Hawaii PUC allows public utility alternatives to be considered in NextEra merger case
As a part of the proceeding on the merger of NextEra and Hawaiian Electric, the commission will hear presentations on the feasibility of co-ops, munis, and LNG for state.
By Herman K. Trabish • Nov. 5, 2015 -
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 -
Invenergy adds 31.5 MW battery to booming PJM frequency regulation market
PJM is now on track to reach an energy storage capacity of over 550 MW next year, with almost all of that providing frequency regulation, among other services.
By Herman K. Trabish • Nov. 4, 2015 -
Duke urges regulators to deny TPO solar bid from green group, church
The utility says the protest act by activist group NC WARN is breaking the law and deserves $1,000 fine every day.
By Herman K. Trabish • Nov. 4, 2015 -
Utilities pour money into startup Bidgely for home energy management
Exelon Corp. was one of three major utilities investing in the data analytics company to expand Bidgley's home energy management suite in the United States and Europe.
By Robert Walton • Nov. 4, 2015 -
California ballot initiative would eliminate IOUs, establish statewide public utility
The Secretary of State on Friday approved the petition's language, greenlighting efforts to get 365,000 signatures to form a statewide public utility.
By Herman K. Trabish • Nov. 3, 2015 -
Deep Dive
Ice, ice energy: The hot market for cooled liquid energy storage
Ice Energy and CALMAC are proving their value while newer technologies wrestle with cost.
By Herman K. Trabish • Nov. 3, 2015 -
Maryland attorney general wants state to reconsider Exelon-Pepco merger approval
Maryland Attorney General Brian Frosh has thrown his support behind a bid to undo approval of the Exelon-Pepco deal, arguing the merger will hold back efforts to modernize the state's grid.
By Robert Walton • Nov. 2, 2015 -
Duke's Piedmont deal forces restructuring ownership of Atlantic Coast Pipeline
Dominion Resources will remain the lead owner of the Atlantic Coast Pipeline, but how the shares will be restructered remains to be seen.
By Robert Walton • Nov. 2, 2015 -
Wisconsin Public Service seeks third fixed charge increase in three years
As WPS looks to add another $6 to monthly residential fixed charges, a state court tosses out an earlier fixed charge increase from We Energies saying it discriminates against solar owners.
By Herman K. Trabish • Nov. 2, 2015 -
ITC sunset in sight, SolarCity shifts from growth to cost cutting strategy
With strong third quarter growth this year, the company is turning its attention to post-tax credit profitability.
By Herman K. Trabish • Nov. 2, 2015 -
Michigan utilities face growing lineman shortage
A rise in retirements and sluggish hiring has left Michigan struggling to find enough workers to maintain its electric power distribution grid.
By Robert Walton • Nov. 2, 2015 -
Exelon delays decision on Illinois nuke after MISO announces potential market changes
The Midcontinent ISO last week acknowledged the need for market changes in the southern Illinois area, giving new hope to Exelon's struggling Clinton nuclear facility.
By Robert Walton • Nov. 2, 2015 -
Austin Energy, First Solar ink deal for 119 MW of solar
The project is due to come online before the end of 2016 to qualify for the 30% tax credit.
By Herman K. Trabish • Oct. 30, 2015 -
NextEra grows renewable portfolio, weighs sale of Texas merchant generation
NextEra CEO James Robo said the company reviews all their assets each year and determines whether it makes sense to keep them.
By Robert Walton • Oct. 30, 2015 -
3 US companies make rankings of world's top 20 greenest utilities
A Spanish conglomerate focused on renewables took the top slot, while NextEra Energy was the highest-ranked U.S. utility.
By Robert Walton • Oct. 30, 2015 -
Deep Dive
How utilities are getting in on the transmission building boom
New renewables generation under the Clean Power Plan will require thousands of miles of new transmission, and increasingly utilities are getting in on the race to build it.
By Herman K. Trabish • Oct. 29, 2015 -
NextEra, HEI ask PUC to exclude merger intervenors pushing for public utility
Utilities argue the proceeding should only be about the $4.3B merger and not about public utility alternatives.
By Herman K. Trabish • Oct. 29, 2015 -
Rocky Mountain Power unveils clean energy proposal, but skeptics remain
The Salt Lake City-based utility wants to offer a new, lower tariff for expanding businesses and split residential bills into use and access charges in a plan aimed at cutting emissions.
By Robert Walton • Oct. 29, 2015 -
Good news for Exelon: DC regulators vote to evaluate Pepco merger settlement
The PSC voted Wednesday to consider a settlement Exelon reached with the DC mayor after it rejected an initial merger proposal in August.
By Gavin Bade • Oct. 28, 2015 -
Duke CEO: Piedmont deal heralds new focus on natural gas industry
In the future, gas infrastructure investments will be a growing focus for Duke Energy, according to CEO Lynn Good.
By Robert Walton • Oct. 28, 2015 -
Plans to expand Texas nuke plant by 2 units pass NRC safety tests
Nuclear regulators have completed a Final Safety Evaluation Report examining a Texas nuclear expansion, concluding the developer is technically and financially capable of moving ahead with the South Texas Project in Bay City.
By Robert Walton • Oct. 28, 2015 -
Deep Dive
From theory to practice: The challenges in moving to 'Utility 2.0'
Executives from four major utilities spoke at ESNA 2015 about the trials and tribulations of putting more new technology on their grids.
By Herman K. Trabish • Oct. 27, 2015 -
Xcel CEO: Wind is a better long-term buy than natural gas
Wind's 20-year PPA price of $25/MWh compares favorably with the economics of gas generation, CEO Ben Fowke said.
By Herman K. Trabish • Oct. 27, 2015 -
Florida Power & Light tapped as nation's most reliable utility
PA Consulting Group called the Florida utility "an incredibly focused organization that is embracing technology and innovation."
By Robert Walton • Oct. 27, 2015