Corporate News: Page 133
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Previously put up for sale, NextEra takes Maine's biggest power plant off the market
The 57-year-old plant was a lifeline for New England when gas supplies failed last winter.
By Herman K. Trabish • Aug. 12, 2014 -
Hawaiian Electric earnings up as island recovers from storm
Storm restoration continues as the company tries to show regulators it can overhaul its utilities.
By Robert Walton • Aug. 12, 2014 -
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 -
NRG crowdsources search for executive to run new home energy unit
Up to $100,000 goes to the winning referral.
By Davide Savenije • Aug. 12, 2014 -
NRG Energy loses money during mild spring
CEO David Crane said he does not recall "a first half of the year where we were so whipsawed by the weather."
By Robert Walton • Aug. 11, 2014 -
Deep Dive
Has APS invented a rooftop solar business model for utilities?
Regulators must decide if Arizona Public Service's rooftop solar proposal is a breakthrough or a threat.
By Herman K. Trabish • Aug. 11, 2014 -
OGE breaks even in Q2 as utility eyes $1.1B in emissions costs
The utility wants to clean up its coal and natural gas but it’s going to cost customers.
By Herman K. Trabish • Aug. 9, 2014 -
SolarCity losing money but keeps growing fast
The company got more installs faster and cheaper than ever in Q2 2014 but is still spending faster than it is getting.
By Herman K. Trabish • Aug. 9, 2014 -
Minnesota regulators turn away from value-of-solar concept
Community garden rates will be tied to fuel costs instead of solar’s calculated value.
By Herman K. Trabish • Aug. 9, 2014 -
NRG to close, convert or retrofit 4 Illinois coal plants
One plant will be shuttered, another will be switched to natural gas and two more will receive environmental retrofits.
By Herman K. Trabish • Aug. 7, 2014 -
Avista quadruples earnings on sale of Ecova subsidiary
Meanwhile, Washington electric customers ask for a rate cut from the now profitable utility.
By Herman K. Trabish • Aug. 7, 2014 -
El Paso Electric increases profit on decreased sales
A $2.1 billion benefit for efficient Palo Verde nuclear operations kept the utility in the black.
By Herman K. Trabish • Aug. 7, 2014 -
Duke Energy earnings jump 80% on higher rates, warm weather
Weather-normalized electric sales grew 1.6% over the last 12 months.
By Davide Savenije • Aug. 7, 2014 -
CenterPoint earnings up as utilities experience customer growth, mild weather
Per customer electricity consumption has stayed flat, but the number of customers continues to grow.
By Davide Savenije • Aug. 7, 2014 -
U.S. utilities signed up for 3 GW of utility-scale solar in the last year
Utilities and developers who think past the ITC can lock in today’s low prices.
By Herman K. Trabish • Aug. 6, 2014 -
Ameren earnings up 57% on nuclear refueling shift, warmer weather
Ameren kept Q2 income up by keeping its nuclear plant online to meet rising demand cooling.
By Herman K. Trabish • Aug. 6, 2014 -
TVA posts $81M loss on shrinking electric sales
To slash $500 million in costs, the utility plans to cut over 2,000 jobs.
By Davide Savenije • Aug. 6, 2014 -
2nd-biggest U.S. residential solar installer files for IPO, sources say
Vivint Solar is one of the biggest competitors for SolarCity -- and utilities.
By Davide Savenije • Aug. 6, 2014 -
FirstEnergy CEO: Competitive markets 'are clearly in transition'
Operating earnings for the company fall on high expenses at its regulated utilities and lower margins at its competitive arm.
By Davide Savenije • Aug. 6, 2014 -
Mississippi Power to buy renewables, convert coal units
Sierra Club reached a settlement with the Southern Co. subsidiary over the construction of the Kemper IGCC plant.
By Herman K. Trabish • Aug. 5, 2014 -
Will fixed charges on rooftop solar drive consumers off-grid?
With the price of solar-plus-storage dropping, a bill charge could make using the grid too costly.
By Herman K. Trabish • Aug. 5, 2014 -
FirstEnergy wants regulated utilities to subsidize unregulated power fleet
FirstEnergy has filed rate plans for its regulated utilities to buy power from retail electricity seller FirstEnergy Soluitons.
By Herman K. Trabish • Aug. 5, 2014 -
Ameren CEO: EPA emissions rule is 'unworkable'
Ameren says the EPA rule asks for too much too soon and may be illegal.
By Herman K. Trabish • Aug. 5, 2014 -
Warren Buffett has $55B to burn. Will he buy a utility?
Berkshire Hathaway is waiting for a "fat pitch," Bloomberg reports.
By Davide Savenije • Aug. 5, 2014 -
Xcel Energy's electric sales continue to grow
But CEO Ben Fowke is "hesistant to call this a trend."
By Davide Savenije • Aug. 5, 2014 -
Edison CEO: 'We are bullish about our long-term growth opportunities'
Q2 earnings way up for Southern California Edison parent company as the utility positions itself for a distributed energy future.
By Davide Savenije • Aug. 5, 2014