Corporate News: Page 104
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Exelon Q2 earnings beat estimates; revenue rises but misses street expectations
Earnings reflected the Department of Energy canceling spent nuclear fuel disposal fees and the completion of the Integrys acquisition.
By Robert Walton • July 30, 2015 -
ConEd will enter NY rooftop solar market through unregulated subsidiary
ConEdison Solutions’ third party owned product will use SunPower modules and be available at no upfront cost to the consumer.
By Herman K. Trabish • July 30, 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 -
As Berkshire signs Obama climate pledge, subsidiary MidAmerican targets 57% wind in Iowa
Regulatory approvals would take the Buffett-owned utility to 4,000 MW of wind.
By Herman K. Trabish • July 29, 2015 -
Edison Int'l seeks $7.57B in damagers from Mitsubishi for San Onofre closure
Mitsubishi, on the contrary, has told an international arbitrator that its liability is $137 million.
By Herman K. Trabish • July 29, 2015 -
First U.S. offshore wind project gets steel in the water
The start of construction for Deepwater Wind’s 30 MW Block Island facility is a landmark for an industry that's long lagged behind its European counterparts.
By Herman K. Trabish • July 28, 2015 -
NRG Energy moves into community shared solar
With the debut of a new project in Massachusetts, NRG becomes community shared solar's first vertically integrated developer.
By Herman K. Trabish • July 28, 2015 -
DTE reports earnings, says efficiency advances will keep load flat over next few years
The utility said energy efficiency is growing quickly on its system and will be a key strategy to meeting Clean Power Plan mandates.
By Robert Walton • July 28, 2015 -
In new twist, Hunt Consolidated now in the lead to acquire Oncor
It now appears that Hunt Consolidated has momentum amongst a group of companies looking to acquire the largest utility in Texas.
By Robert Walton • July 27, 2015 -
Deep Dive
What's next for the NextEra-Hawaiian Electric deal?
Stakeholders say NextEra 'needs a hearing aid,' not another lobbyist.
By Herman K. Trabish • July 26, 2015 -
Puerto Rico's ailing utility PREPA rejects debt restructuring plan
The Puerto Rico Electric Power Authority says a proposal to help it deal with more than $8 billion in debt is unfair and places too much risk on customers.
By Robert Walton • July 24, 2015 -
Hawaii regulators pushed to consider co-op as alternative to HECO merger
The filing marks the first time regulators have formally been asked to consider a co-op as an alternative to the sale of Hawaii's dominant electric provider.
By Herman K. Trabish • July 24, 2015 -
Strong earnings from AEP: Gas drilling industry fueling power sales
The generator saw load growth among all customer segments, though the industrial segment is moderating.
By Robert Walton • July 24, 2015 -
Hewlett-Packard and Amazon Web Services join list of corporate buyers of wind
Big private sector names move to renewables to hedge against fossil fuel price volatility.
By Herman K. Trabish • July 23, 2015 -
Deep Dive
For top utilities, customer satisfaction hinges on empowerment
It's not enough to provide reliable, affordable power anymore. If you want satisfied customers, you've got to provide them with timely, actionable information.
By Robert Walton • July 22, 2015 -
Cost overruns in SPP transmission projects draw ire of RTO's leaders
Over 85% of projects in SPP’s current pipeline have cost estimates that are inaccurate by 30% or more.
By Herman K. Trabish • July 22, 2015 -
Hawaii Gov. Ige opposes NextEra acquisition of Hawaiian Electric
Governor Ige has “serious reservations” about NextEra’s readiness to meet the state's aggressive energy goals.
By Herman K. Trabish • July 22, 2015 -
SC regulators approve final deal between Duke, solar installers
Duke will begin expanding its South Carolina solar portfolio with a 53 MW RFP.
By Herman K. Trabish • July 21, 2015 -
SunEdison moves into rooftop solar with Vivint acquisition
The move aims to make the vertically integrated developer competitive with installers like SolarCity.
By Herman K. Trabish • July 21, 2015 -
PPL spinoff Talen buys 2,500 MW of gas capacity
Talen Energy will pay $1.175 billion for three gas-fired facilities in New York, Massachusetts and Arizona.
By Robert Walton • July 21, 2015 -
TECO Energy confirms it is considering sale, shares spike
Shares of the Florida utility surged last week to their highest values in months.
By Robert Walton • July 20, 2015 -
HECO launches community solar pilot project
Subscribers are expected to cut bills by 45% and HECO guarantees 80% of the savings.
By Herman K. Trabish • July 20, 2015 -
Deep Dive
New software offerings help utilities boost community solar programs
Competition is heating up in the software-as-a-service field for shared solar.
By Herman K. Trabish • July 16, 2015 -
AMS, SunEdison partner on 50 MW of strategic storage for SCE
The batteries will perform peak shaving and load shifting to relieve distribution system stresses.
By Herman K. Trabish • July 16, 2015 -
Alabama Power seeks up to 500 MW of solar power
Over a six-year stretch, the utility wants to pursue a series of projects up to 80 MW each, for a total of up to 500 MW of renewable genration.
By Robert Walton • July 16, 2015 -
FirstEnergy will spin off remaining transmission assets, form new subsidiary
The company says a separate transmission company will be able to finance projects at a lower cost.
By Gavin Bade • July 15, 2015