Corporate News: Page 115
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Exelon, Pepco more than double merger incentives for D.C.
New proposed merger benefits are similar to those offered in New Jersey and Delaware.
By Robert Walton • Feb. 20, 2015 -
Deep Dive
"The next shale": How solar is poised to transform America's energy markets
“The comparison is the magnitude of the impact solar can have on the market,” the lead author of a recent study said.
By Herman K. Trabish • Feb. 19, 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 -
FirstEnergy reports earnings, says former CEO will retire
The company's earnings came in near the top end of its expected range.
By Robert Walton • Feb. 19, 2015 -
Duke faces $100M fine for Dan River coal ash spill
The company is expected to face misdemeanor criminal charges related to the Dan River coal ash spill last year.
By Robert Walton • Feb. 19, 2015 -
Hawaii group explores forming co-op, intervenes in NextEra-HECO docket
Regulatory proceedings to finalize the $4.3 billion acquisition of Hawaiian Electric are expected to conclude in Q4.
By Herman K. Trabish • Feb. 18, 2015 -
New Mexico bill would end unregulated rate increases for fuel costs
Utilities say the charges protect customers, but opponents say they are tantamount to unapproved rate increases.
By Herman K. Trabish • Feb. 18, 2015 -
Storage startup Alevo announces 200 MW project in unnamed wholesale market
Secrecy shrouds the announcement for the company's battery project.
By Herman K. Trabish • Feb. 18, 2015 -
RG&E, Exelon strike deal to keep Ginna nuke operating into 2018
Without a deal, the plant was slated for retirement.
By Robert Walton • Feb. 18, 2015 -
Delaware settlement clears way for Exelon-Pepco merger
The deal calls for almost $50 million in bill credits for customers of Delmarva Power.
By Robert Walton • Feb. 18, 2015 -
Calpine stands to profit from tight reserve margins in Texas
The company generated approximately 103 million MWh of electricity in 2014.
By Robert Walton • Feb. 18, 2015 -
Non-utility businesses drive DTE Energy earnings growth
The company has increased 2015 operating guidance to $4.48 to $4.72 per share.
By Robert Walton • Feb. 17, 2015 -
Hawaiian Electric posts earnings, reaches 21% renewables
13% of Oahu customers now have rooftop solar generation, HEI said.
By Robert Walton • Feb. 17, 2015 -
Unfavorable weather drags on Exelon earnings
The company hopes to close its merger with Pepco Holdings in the second or third quarter of this year.
By Robert Walton • Feb. 17, 2015 -
ISO New England picks Eversource-National Grid for new Boston-New Hampshire lines
Will the $740 million transmission project go online before Boston’s lights go out?
By Herman K. Trabish • Feb. 13, 2015 -
Deep Dive
How Basin Electric is handling explosive new load growth in North Dakota
Explosive growth from North Dakota’s oil boom is creating an unprecedented new generation and transmission need.
By Herman K. Trabish • Feb. 13, 2015 -
Miss. Supreme Court strikes down Southern's Kemper plant rate hikes
The state's high court says regulators did not evaluate the prudency of costs incurred at the IGCC plant.
By Gavin Bade • Feb. 13, 2015 -
We Energies earnings drop in Q4, but hit new high in 2014
The company reported adjusted 2014 earnings of $2.65/share.
By Robert Walton • Feb. 13, 2015 -
PwC: Power, utility sector mergers up sharply in Q4 2014
Last year deal activity was driven by large corporate deals, renewable transactions and merchant power deals.
By Robert Walton • Feb. 12, 2015 -
NextEra accuses Eversource of underbidding for transmission project
Eversource intentionally undervalues bids to win projects and then runs up the costs, NextEra says.
By Herman K. Trabish • Feb. 12, 2015 -
Deep Dive
Inside the PG&E proposal to build 25,000 EV charging stations
Utility-private partnerships are looking to drive the EV market, grow electricity sales, and get more renewables onto the grid.
By Herman K. Trabish • Feb. 12, 2015 -
New Jersey regulators approve Exelon-Pepco merger
Regulators approved a settlement between the companies, energy consumers and regulatory staff.
By Robert Walton • Feb. 11, 2015 -
Study: 85% of broadband households tried to save on energy in 2014
About a third of consumers who are able to see their daily electricity usage online find the feature "very valuable," according to new research.
By Robert Walton • Feb. 11, 2015 -
FTC will not investigate Green Mountain Power over renewable credits
Regulators say Vermont's largest utility must do a better job in accurately marketing renewable power, however.
By Robert Walton • Feb. 11, 2015 -
Entergy CEO on earnings: 'Fundamentals of our business are strong' despite challenges
Earnings were down in 2014, but Entergy saw strong retail sales and
By Robert Walton • Feb. 11, 2015 -
Rate case drives rise in PG&E earnings
Earnings from operations reaching $253 million in the fourth quarter.
By Robert Walton • Feb. 11, 2015