Corporate News: Page 108
-
Large utility mergers dramatically slower than others at 316 days
A Bloomberg analysis said deals valued at more than $3 billion take an average of 316 days to reach completion, making such deals the slowest-moving in the sector.
By Robert Walton • Oct. 1, 2015 -
Hunt files $18B bid with Texas regulators to buy Oncor
Hunt's proposal seeks to convert Oncor into a real estate investment trust, a structure that's already raised eyebrows in the power sector.
By Gavin Bade • Sept. 30, 2015 -
Explore the Trendlineâž”
Brandon Bell via Getty Images
TrendlineTop 5 Stories from Utility Dive
Power demand is rising amid dramatic shifts in federal energy policy, but technology and markets continue to push the grid toward cleaner, more distributed resources.
By Utility Dive staff -
SoCalEdison unveils new storage buys and RFO for distributed energy
The utility's request for offers officially names storage as an "eligible preferred resource."
By Herman K. Trabish • Sept. 30, 2015 -
Duke settles North Carolina coal ash case for $7M
Environmentalists say regulators capitulated to the utility's demands, and Duke says the penalty doesn't amount to a fine.
By Herman K. Trabish • Sept. 29, 2015 -
Deep Dive
CPS Energy tackles the cost shift by building solar on its own terms
San Antonio muni CPS Energy has designed a utility solar program it believes is a winner for the customer, the installer and the utility – and will work for IOUs, too.
By Herman K. Trabish • Sept. 29, 2015 -
Deep Dive
How storage will shape the future of concentrated solar power
CSP may not be the hottest topic in the solar or storage sectors, but its backers point out that it offers large scale renewable generation that is in many cases fully dispatchable.
By Herman K. Trabish • Sept. 29, 2015 -
Exelon in talks with DC mayor on merger settlement
The city, which in August rejected the Pepco-Exelon merger, confirmed it is involved in "substantive discussions" with both companies that could lead to a settlement and new application.
By Robert Walton • Sept. 29, 2015 -
CPUC puts PG&E electric vehicle charging program on hold
The commission will hold more hearings to determine the impact of utility EV charging investments on private charger builders and customers without electric cars.
By Herman K. Trabish • Sept. 29, 2015 -
Newly-opened NJ offshore wind tract could yield 3,400 MW of capacity
The federal government has opened nearly 350,000 acres of ocean off the coast of New Jersey to wind development in a bid to meet President Obama's clean energy goals.
By Herman K. Trabish • Sept. 28, 2015 -
Entergy brings Mississippi's first utility solar pilot project online
The 500 kW arrays will allow the utility to test solar economics and feasibility.
By Herman K. Trabish • Sept. 25, 2015 -
TECO shareholders file suit over $10.4B sale price
The lawsuit alleges the deal greatly favors Emera and leaves TECO investors with too little return.
By Robert Walton • Sept. 24, 2015 -
Deep Dive
Negative RECs for community solar: Market failure or utility opportunity?
Bidding has driven prices for Renewable Energy Credits for community solar projects into negative territory in Colorado, and installers say that constrains their ability to serve all customers.
By Herman K. Trabish • Sept. 23, 2015 -
As solar cap looms, installers ask CA regulators for interim metering measures
Companies in San Diego Gas & Electric territory say business could soon come to a standstill as the region approaches its net metering cap.
By Herman K. Trabish • Sept. 23, 2015 -
What's TECO's coal business worth? Possibly $0.
TECO Energy has closed on the sale of its coal mining subsidiary, and the sales agreement included no up-front payment.
By Robert Walton • Sept. 23, 2015 -
Portland General Electric could join CAISO Energy Imbalance Market
PGE reportedly turned away from the Northwest Power Pool to take advantage of millions in savings being realized by the imbalance market.
By Herman K. Trabish • Sept. 22, 2015 -
Lincoln, Neb. muni approves $2.25 fixed charge increase
Lincoln Electric System wants to shift recovery of fixed costs for grid maintenance and upgrades to the fixed charge portion of the residential customer bill over the next eight to ten years.
By Herman K. Trabish • Sept. 22, 2015 -
Updated: Tesla Gigafactory will cut battery costs 50%, analyst says
Enhanced economies of scale will drive costs for both battery cells and packs down, a Jefferies analyst said.
By Krysti Shallenberger • Sept. 22, 2015 -
As deadline looms, Exelon supporters, opponents lobby DC mayor over Pepco merger
Regulators in the District of Columbia rejected Exelon's bid to acquire Pepco Holdings in August and now both sides of the case are pushing the mayor to weigh in.
By Robert Walton • Sept. 21, 2015 -
Judge: Oncor sale to Hunt can move into next phase
A judge has determined that Energy Future Holdings can move ahead with the sale of Oncor as it tries to settle its $40 billion bankruptcy proceeding.
By Robert Walton • Sept. 21, 2015 -
NRG will separate renewable, fossil generation in major reorganization
Amid mounting pressure from shareholders, the power sector giant will form a new clean energy business and transfer wind assets to its yieldco.
By Gavin Bade • Sept. 18, 2015 -
Potential merger partners UIL, Iberdrola agree to clean up English Station coal plant
The state's attorney general had made the cleanup a condition of his support for the companies proposed merger.
By Krysti Shallenberger • Sept. 18, 2015 -
ConEd turns to batteries over diesel for portable power support
Consolidated Edison paired with lithium-ion battery developer Electrovaya for an 800 KWh storage system in place of portable diesel generation.
By Robert Walton • Sept. 18, 2015 -
Deep Dive
SunPower: Keys to solar success are utility partners, being a 'good citizen of the grid'
The company's strong utility relationships have helped it grow in multiple solar sectors, an exec says.
By Herman K. Trabish • Sept. 17, 2015 -
CA lawmakers send CPUC reform bills to Gov. Brown
The slate of bills aims to limit back-channel communications between regulators and the companies they oversee.
By Krysti Shallenberger • Sept. 17, 2015 -
Deep Dive
IOU, co-op or muni? Experts debate the creation of public utilities
Debate over the NextEra-HEI merger has sparked a new campaign to form a public utility in Hawaii, but is that model superior to an IOU?
By Herman K. Trabish • Sept. 16, 2015