PG&E Corp reports $7.7B loss in 2019 amid continuing wildfire risk

The company expects to exit bankruptcy by June 30, and has "resolved essentially every consequential issue within the Bankruptcy Court's jurisdiction," according to PG&E Corp. President and CEO Bill Johnson.

By Kavya Balaraman • Feb. 19, 2020

Exelon now sees potential criminal or civil penalties from Illinois investigations

The company is under investigation by the Securities and Exchange Commission as well as the U.S. Attorney's Office in Northern Illinois for its lobbying activities in the state.

By Larry Pearl • Feb. 14, 2020

Explore the Trendline➔

Top 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

Why DTE Energy gets failing grades on its 15-year energy plan

Advocacy groups gave the utility an "F" for ensuring equitable access to clean energy benefits, according to Vote Solar's Midwest director.

By John Delurey • Feb. 13, 2020

FirstEnergy CEO says he's ready to help Ohio lawmakers deal with FERC's PJM MOPR ruling

Charles Jones told financial analysts during the company’s latest earnings call that Ohio’s state government is generally unhappy with the results of electric utility deregulation, including PJM’s market system.

By John Funk • Feb. 11, 2020

Court backs PG&E agreement ending tussle with bondholders as utility revamps reorganization plan

Now, the ad hoc noteholder committee will withdraw its competing proposal and back PG&E's plan to emerge from bankruptcy instead.

By Kavya Balaraman • Feb. 5, 2020

Judge approves PG&E Tubbs Fire settlements, while Newsom mulls state takeover

The utility is engaged in conversations with California Gov. Gavin Newsom's office and believes it can resolve his concerns, a PG&E attorney said on Wednesday.

By Kavya Balaraman • Jan. 30, 2020

Fueled by flexible PPAs, corporate clean energy purchases surged to 19.5 GW in 2019: BloombergNEF

Analysts say the flexibility of power purchase agreements combined with more aggressive company clean energy targets helped drive a 44% year-over-year increase in corporate renewables deals.

By Robert Walton • Jan. 29, 2020

Oncor, other Texas utilities aim to avoid enforcement power for proposed cybersecurity monitor

Oncor said regulators should delete from the proposed rule all provisions that would give the monitor authority to "require utilities to submit to assessments or respond to information requests."

By Robert Walton • Jan. 29, 2020

Geothermal's surprise: Cheap renewables could keep states from achieving climate goals

Planners must think beyond the levelized cost for renewables to the value that each resource brings to the grid.

By Herman K. Trabish • Jan. 27, 2020

NextEra aims to capitalize on PTC extension, repower wind in 2020

The company missed its Q4 earnings estimate but its developer arm excelled, beating fourth quarter earnings from 2018, and increasing its pipeline of projects to the largest it's ever been.

By Iulia Gheorghiu • Jan. 27, 2020

US utility M&A fell to $43B in 2019, but renewable tax incentive phaseout could re-establish interest: PwC

PricewaterhouseCoopers analysts say they expect more large deals in 2020 after utility mergers and acquisitions fell for three consecutive years.

By Robert Walton • Jan. 27, 2020

PG&E strikes deal with bondholders, but Newsom reiterates objections

The agreement awaits final approval from the bankruptcy court, but would have the bondholders' committee withdraw their competing reorganization proposal and support PG&E's instead.

By Kavya Balaraman • Jan. 23, 2020

Amazon, Lime part of new alliance to accelerate EVs

The Corporate Electric Vehicle Alliance will demand production of new EV models and infrastructure, especially in the delivery and shipping sectors. 

By Jason Plautz • Jan. 23, 2020

Arizona Public Service sets 100% clean energy target, but doesn't rule out carbon capture for gas plants

Renewables advocates cheered the announcement but called for earlier coal closures and more specifics on community support, and for state regulators to set a 100% clean energy standard.

By Robert Walton • Jan. 23, 2020

2020 Utility Dive Outlooks: What's in store for coal, gas, renewables, DER and beyond

2020 promises to be another busy year across the U.S. power sector as the energy transition gathers more steam.

By Larry Pearl • Jan. 23, 2020

8minute forms equity partnership with Capital Dynamics for largest US solar + storage project

The facility will deliver 400 MW of solar and 1,200 MWh of energy storage to the Los Angeles Department of Water and Power at a fixed solar cost under $0.02 per kilowatt-hour.

By Iulia Gheorghiu • Jan. 23, 2020

PepsiCo to get all its US electricity from renewable sources

The maker of its namesake soda, Gatorade and Doritos plans to reach the target later this year. America accounts for nearly half of its total global electricity consumption.

By Christopher Doering • Jan. 16, 2020

Google, NV Energy renewable megadeal includes rare storage component

The deal includes 350 MW of solar and up to 280 MW of energy storage, but storage deals for corporate buyers often don't pencil out, an analyst said, because the renewable generation is already fairly cheap.

By Robert Walton • Jan. 10, 2020

Bipartisan bill aims to end Dominion's monopoly in Virginia

Dominion and other utilities oppose efforts to deregulate retail markets, saying it can increase costs, but similar bills are expected this year in Florida, Colorado and other states.

By Iulia Gheorghiu • Jan. 8, 2020

Judge tells Michigan regulators to send DTE back to drawing board on its long-term resource plan

The Administrative Law Judge criticized the utility's calculations of its energy needs and rejected its plan for failing to issue a mandatory Request for Proposals to solicit accurate prices for renewable resources.

By Iulia Gheorghiu • Jan. 3, 2020

JEA rejects multibillion-dollar buyout offers from Duke, NextEra and 7 others

City officials were skeptical of the plan as the municipal utility spent millions on the potential sale.

By Iulia Gheorghiu • Jan. 2, 2020

PG&E CEO promises 'shorter, fewer' shut-offs continuing for the next 5 years

The utility's bankruptcy will not jeopardize California's clean energy goals or increase costs for customers, PG&E President and CEO Bill Johnson told lawmakers.

By Kavya Balaraman • Dec. 20, 2019

Judge approves PG&E wildfire settlements, bringing utility closer to exiting bankruptcy

The settlements resolve two crucial components of PG&E's bankruptcy — its liabilities to committees representing wildfire victims and insurance companies.

By Kavya Balaraman • Dec. 18, 2019

Investigations of ComEd, Exelon lobbying threaten Illinois energy transition

Lawmakers and clean energy advocates vow to continue fighting for the state's landmark clean energy bill despite a "black cloud of corruption."

By Herman K. Trabish • Dec. 17, 2019

Newsom's rejection throws wrench in PG&E bankruptcy process

California Governor Gavin Newsom's letter to PG&E Corp. CEO Bill Johnson and responses from state lawmakers indicate the potential for political micromanagement of PG&E's reorganization.

By Kavya Balaraman • Dec. 17, 2019