Corporate News: Page 2
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Deep DiveAs first US utility-scale offshore wind project nears approval, supply chain, permitting come into focus
Despite a lack of domestic components and a complex permitting process, Vineyard Wind is confident in its ability to move forward this summer with construction of its 800 MW project off the coast of Massachusetts.
By Iulia Gheorghiu • March 18, 2019 -
Dominion strikes deadline day utility deal to keep Millstone nuke operating
The company warned that New England's sole nuclear generator could retire if a contract for its output was not signed by March 15.
By Gavin Bade • March 15, 2019 -
Market Monitor: 3 GW nukes, 12 GW coal uneconomic in PJM
The only nuclear plants receiving market signals to retire are one-unit generators, Monitoring Analytics said, and the only one to recieve a state subsidy "did not need" it.
By Iulia Gheorghiu • March 15, 2019 -
PG&E cleared of criminal charges in 8 2017 blazes as fire officials say SCE sparked Thomas Fire
As California utilities reckon with the devastating wildfires from 2017, PG&E still faces civil lawsuits regarding the incidents, although most proceedings have been paused by their declaration of Chapter 11 bankruptcy.
By Iulia Gheorghiu • UPDATED: March 14, 2019 at 2:22 p.m. -
Independent developer proposes $2.5B underground transmission line, to bring Iowa wind to PJM, MISO
The project seeks to connect two of the largest electricity markets in the country to an Iowa wind farm and achieve greater cost reductions by experimenting with new forms of construction for the first-of-its-kind project.
By Iulia Gheorghiu • March 13, 2019 -
Insurer Munich Re offers 10-year warranty on battery storage performance
The company backed the flow battery developed by ESS with a decade-long performance guarantee, a first in energy storage technologies.
By Iulia Gheorghiu • UPDATED: March 13, 2019 at 4:53 p.m. -
Pennsylvania lawmaker: State crafted nuke subsidy bill after DOE said not to wait for bailout
The new bill to provide financial support to the state's nine nuclear plants is part of a trend of states taking the lead on premature retirements in the face of inaction from the federal government.
By Iulia Gheorghiu • March 12, 2019 -
Hungry for green power, tech giants choose between utilities, independent developers
Utilities increasingly supply 100% renewable energy to large customers, raising questions about why they don't purchase more wind and solar for their entire consumer base.
By Iulia Gheorghiu • March 12, 2019 -
Dominion faces March 15 deadline to secure utility contracts for Millstone nuke
The plant owner has been negotiating with Eversource and United Illuminating to secure higher priced power purchase agreements, according to local news reports.
By Iulia Gheorghiu • March 08, 2019 -
ISO-NE forecasts transition to distributed, renewable generation
The grid operator released its 2019 Regional Electricity Outlook last week, listing natural gas plants as the only new conventional generation resource expected online between 2018 and 2020.
By Iulia Gheorghiu • March 07, 2019 -
Judge scales back PG&E wildfire safety plan in new proposed order
PG&E would follow its wildfire mitigation plan under a new order from Judge William Alsup, but would not have to comply with an extensive Jan. 9 proposed order it estimated could cost $150 billion.
By Gavin Bade • March 07, 2019 -
Efficiency leads 2019 energy job growth prospects
Energy efficiency employers project a 7.8% growth rate for jobs this year, more than double the increase last year, in what the latest U.S. Energy and Employment Report deemed the "toughest hiring climate."
By Robert Walton • March 07, 2019 -
ERCOT sees increased chance for emergency capacity with record demand forecast this summer
The grid operator's preliminary summer analysis of extreme scenarios indicates ERCOT may need to issue energy alerts, but does not expect to use rolling brownouts.
By Iulia Gheorghiu • March 06, 2019 -
AEP launches electric utility tech accelerator to identify 'compelling' startups
American Electric Power's initiative with innovation specialist L Marks will be a 10-week bootcamp-style energy summit focused on accelerating the development of grid solutions.
By Robert Walton • March 05, 2019 -
GM, Ford to fully power Michigan facilities with local wind from DTE Energy
Ford was the first to announce involvement with DTE Energy's new tariff, approved by regulators in January, to serve large customers through the utility's renewable energy offerings.
By Iulia Gheorghiu • March 04, 2019 -
PG&E says its equipment probably sparked deadly Camp Fire last year
The company announced a $10.5 billion pre-tax charge Thursday related to third-party claims from the 2018 fire, and said its total potential wildfire liabilities could exceed more than $30 billion.
By Robert Walton • March 01, 2019 -
Edison takes $1.8B charge for California wildfires, despite no new liability determination
Utility officials say the number of claims that are being filed and the potential for litigation led them to conclude Southern California Edison faces "a potential material liability."
By Robert Walton • March 01, 2019 -
Newly-elected Arizona commissioner prepares to subpoena APS over political spending
Arizona Corporation Commissioner Sandra Kennedy is acting on a 2018 campaign promise to require Arizona Public Service and its parent company, Pinnacle West Capital, to disclose several years of political spending.
By Robert Walton • Feb. 28, 2019 -
California regulators tee up changes to utility distributed storage programs
A proposed decision from an Administrative Law Judge would direct utilities to allow independently owned projects to compete with utility-owned proposals when procuring distributed storage.
By Gavin Bade • Feb. 28, 2019 -
PG&E disputes allegations it deferred maintenance on transmission line tied to deadly Camp Fire
"We disagree with the overall premise of the Wall Street Journal article," the utility said in a statement responding to the publication's coverage.
By Robert Walton • Feb. 28, 2019 -
California's review of wildfire mitigation plans will be a sprint
The California Public Utilities Commission wants to approve utility wildfire mitigation plans in May — a short time frame for such a proceeding, according to the presiding judge.
By Robert Walton • Feb. 27, 2019 -
TVA staff sees no need to add solar capacity until 2023
"There was a strategy in the draft IRP to promote efficient load shape and it emphasized energy efficiency, demand response, electrification and storage," said Jane Elliott, part of TVA's enterprise planning group.
By Iulia Gheorghiu • Feb. 27, 2019 -
Deep DiveDesigning Liberty Utilities' New Hampshire residential storage program
A closer look at the decision to pair distributed energy storage with time-of-use rates.
By Iulia Gheorghiu • Feb. 25, 2019 -
Deep DiveEnabling storage integration through market-driven procurements
Early renewables procurements that reverse traditional auctions with one utility buyer and multiple renewables-plus-storage sellers have lowered storage costs and grown capacity.
By Herman K. Trabish • Feb. 25, 2019 -
Alabama Power says federal regulations forcing it to close century-old coal plant
The utility said it could cost $300 million to comply with new environmental mandates to continue operating Gorgas' three coal-fired generating units — money it is not willing to spend.
By Robert Walton • Feb. 25, 2019
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