Corporate News: Page 115
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Deep Dive
How utilities are finding new revenue streams to combat stagnant load growth
Physical assets and customer relationships offer great opportunities outside power generation & delivery.
By Robert Walton • June 15, 2015 -
Hawaii Electric shareholders approve $4.3 billion NextEra acquisition
Many state activists still doubt out-of-state control and threaten grid defection or want a public utility takeover.
By Herman K. Trabish • June 12, 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 -
NextEra leads pack of bidders for Texas utility Oncor
CenterPoint Energy Inc., Berkshire Hathaway and Hunt Consolidated have all been mentioned as potential suitors for the Texas utility, but Bloomberg reports NextEra may be the frontrunner.
By Robert Walton • June 12, 2015 -
DTE Energy asks Michigan regulators to lower rates due to low cost of wind power
The utility joined Consumers Energy in eliminating a monthly renewables surcharge.
By Herman K. Trabish • June 12, 2015 -
Deep Dive
Inside Georgia Power's move into the residential solar market
The utility says it will offer solar through an unregulated business, but installers fear possible anticompetitive behavior.
By Herman K. Trabish • June 11, 2015 -
SunEdison approved to build 50 MW Oahu solar array for HECO
The solar project is first progress for HECO’s eight proposals to increase Oahu’s solar.
By Herman K. Trabish • June 11, 2015 -
New job initiative aims to bolster veteran ranks in the utility industry
The Edison Electric Institute is partnering with the federal government to recruit and train military veterans to work in the utility industry.
By Robert Walton • June 11, 2015 -
Experts warn of escalating grid security issues after PG&E break-in
After a PG&E substation was vandalized in March, federal law enforcement began investigating and security experts are warning the utility grid is vulnerable in a variety of ways from cyber intrusions to physical break-ins.
By Robert Walton • June 10, 2015 -
Hunt Consolidated in talks to acquire Texas utility Oncor
A real estate investment trust managed by Hunt told the U.S. Securities and Exchange Commission it is in talks to acquire the Texas utility.
By Robert Walton • June 10, 2015 -
Stock market gives Talen Energy, PPL's merchant generation spinoff, a lukewarm welcome
The company debuted on the New York Stock Exchange at $20/share but has traded lower since its opening.
By Robert Walton • June 9, 2015 -
Power industry spending on federal lobbying declines
Data shows a decline in the amount major power players are spending to lobby federal lawmakers.
By Robert Walton • June 8, 2015 -
PNM seeks more time to complete San Juan coal plant deals
PNM needs time to buy all 4 units and complete a coal deal for the 2 units it will keep running.
By Herman K. Trabish • June 5, 2015 -
SDG&E forming coalition to back proposal for 550 car charging stations
The necessary stakeholders, including automakers and environmentalists, are becoming aligned for the utility's big EV charging rollout.
By Herman K. Trabish • June 5, 2015 -
Duke acquires rights to 80 MW North Carolina solar project
The project was initially being developed by SunEnergy1, with a construction price north of $200 million.
By Robert Walton • June 5, 2015 -
Advanced Microgrid Solutions taps Tesla in huge battery buy for CA grid
AMS plans to install up to 500 MWh of Tesla batteries for energy storage projects with California utilities.
By Robert Walton • June 5, 2015 -
Federal regulators approve Iberdrola-UIL merger
The combined company will have almost 7 GW of installed capacity.
By Robert Walton • June 5, 2015 -
Report: Utilities struggle to find new business models
Environmental policies and the growth of distributed generation are also significant challenges for the industry.
By Robert Walton • June 4, 2015 -
Danish company proposes over 100 floating wind turbines for Hawaii
The developer says the 400 MW installation could satisfy 30% of the energy needs for Oahu, Hawaii's most populated island.
By Robert Walton • June 4, 2015 -
Arkansas utilities exceeding energy efficiency goals
Last year the American Council for an Energy-Efficient Economy named Arkansas among the most improved states in the nation for energy efficiency.
By Robert Walton • June 4, 2015 -
Missouri regulators indicate they will reject Grain Belt Express transmission line
3 Commissioners say the benefits of new wires don't justify granting eminent domain.
By Herman K. Trabish • June 4, 2015 -
PPL completes spinoff of competitive generation business
Combined with generation asssets held by Riverstone Holdings, the new entity is among the largest independent power producers in the country.
By Robert Walton • June 3, 2015 -
Growing public utility Sonoma Clean Power ousts PG&E from county
Three more communities in Sonoma County, Calif., have made the clean energy agency their default provider.
By Robert Walton • June 3, 2015 -
DC Attorney General opposes Exelon-Pepco merger, Council pases study of utility alternatives
More trouble for Exelon in the nation's capital, the last jurisdiction left to approve the deal.
By Gavin Bade • June 1, 2015 -
NRG, ITC partner in proposed $3.5B bailout Puerto Rico's troubled utility
The two companies have reportedly partnered with a private investment firm in a $3.5 billion deal to assist the island's ailing utility.
By Robert Walton • June 1, 2015 -
Illinois AG, consumer group accuse Dynegy of MISO market manipulation
Federal regulators will take comment on the allegations until June 17.
By Robert Walton • June 1, 2015