Corporate News: Page
-
Renewables, storage stocks soar as Democrat-led Congress improves environment for green investments
In response to favorable investment conditions, renewables and energy storage companies' stocks — including Sunrun, Tesla, Bloom Energy, Eos Energy and First Solar — have seen significant gains lately.
By Catherine Morehouse • Jan. 8, 2021 -
Courtesy of Lion Electric
Lion Electric's journey to the NYSE, explained
Special purpose acquisition companies, or SPACs, are trendy, and they have been helping green truck companies go public.
By Jim Stinson • Jan. 6, 2021 -
Explore the Trendline➔
Joe Raedle 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 -
Photo illustration by Brian Tucker/Utility Dive; photograph by Petmal via Getty Images
Top Utility Trends of 2020
Amid significant disruptions caused by the COVID-19 pandemic, the power sector's transition to a cleaner, more distributed future continues.
By Larry Pearl • Jan. 5, 2021 -
Deep Dive
Want to know how to pick an energy market? Watch the Mountain West power providers
Xcel Colorado just joined California’s imbalance market, SPP will offer imbalance services, and researchers have proposed a Colorado-centric system. But what do power providers want?
By Herman K. Trabish • Jan. 4, 2021 -
Courtesy of Dominion Energy
Dominion files plans with federal regulators for 2.6 GW offshore wind project, largest in US to date
The filing with the Bureau of Ocean Energy Management follows Dominion's construction of the first offshore wind turbines approved by regulators in federal waters.
By Iulia Gheorghiu • Dec. 22, 2020 -
Deep Dive
APS's plan for closing coal plants could be a gamechanger, analysts say, but who will pay?
The company's current rate case includes $144.45 million for communities impacted by its proposed coal closures, the biggest-ever such U.S. utility commitment, but customers would pay over 80% of the plan.
By Herman K. Trabish • Dec. 18, 2020 -
Adeline Kon/Utility Dive
LevelTen Energy eyes C&I sector interest in contracting energy storage resources
Following the facilitation of a deal to power 550 Starbucks stores in California through virtual solar and energy storage agreements, the company began offering a new storage contract to reduce risk in larger project investments.
By Iulia Gheorghiu • Dec. 17, 2020 -
Courtesy of Amazon
Amazon subsidiary Zoox gives first look at its autonomous electric robotaxi
The company said the vehicle is built for "dense, urban environments" and can reach up to 75 miles per hour in both directions.
By Chris Teale • Dec. 16, 2020 -
OpinionWhat a corporate tax rate increase could mean for utility ratemaking
Utility executives and regulators need to use this time of uncertainty to evaluate the impact of potential tax rate changes, especially considering COVID-19 financial pressures, disconnect moratoriums, and collectibility risks, the authors write.
By Kimberly Johnston and Michael J. Reno • Dec. 16, 2020 -
OpinionUtilities should be required to disclose their climate-related financial risks
New York regulators are calling on utilities to disclose such risks, which could help the financial sector interpret what the companies are doing and adjust accordingly, the authors write.
By Justin Gundlach, Michael Panfil and Romany Webb • Dec. 15, 2020 -
Smart Columbus pushes ahead on corporate decarbonization
The Smart Columbus Energy program is designed to help Central Ohio's corporate and industrial organizations transition to clean energy through wind and solar energy procurement.
By Chris Teale • Dec. 14, 2020 -
Courtesy of Veolia
GE announces first US wind turbine blade recycling program with Veolia
The blades were the only part of the turbines not getting recycled, and will now be shredded to replace raw materials currently used for cement manufacturing, resulting in lower CO2 emissions.
By Iulia Gheorghiu • Dec. 9, 2020 -
Brian Tucker/Utility Dive
Dive Awards
The Utility Dive Awards for 2020
The winners exemplified leadership in a time of crisis by working toward economic means of transitioning the power sector.
By Utility Dive Team • Dec. 9, 2020 -
Retrieved from Daniels College of Business at University of Denver on November 20, 2020
Dive Awards
Executive of the Year: Ben Fowke, Xcel Energy
Fowke, who also chairs utility trade group Edison Electric Institute, has kept Xcel committed to a pathway for eliminating carbon emissions, stakeholders say.
By Utility Dive Team • Dec. 9, 2020 -
Retrieved from Florida Power & Light on December 02, 2020
Dive Awards
Utility of the Year: NextEra Energy
NextEra Energy is investing in green hydrogen, solar energy and grid resilience, even as the company's effort to expand via M&A have come up dry.
By Utility Dive Team • Dec. 9, 2020 -
Google calls for more RTOs, designs 'intelligent platform' to meet 24/7 clean energy goal
The development of new software and access to more RTOs are key to achieving Google's goal of eliminating its remaining reliance on coal and gas, the company's global energy markets and policy chief tells NARUC.
By Emma Penrod • Dec. 4, 2020 -
Courtesy of GE Renewable Energy
Vineyard Wind Project PermittingVineyard says change to larger GE wind turbines doesn't require permit change
Vineyard Wind finished a technical review at the end of January, prompting the Bureau of Ocean Energy Management to restart the permitting for its 800 MW project.
By Iulia Gheorghiu • Updated Jan. 28, 2021 -
Kendall Davis/Utility Dive
Deep DiveUtility customers owe up to $40B in COVID-19 debt, but who will pay it?
Shutoff moratoria have provided a reprieve for some on 2020 power bills, but still-mounting debt needs forgiveness or securitization, analysts say.
By Herman K. Trabish • Dec. 3, 2020 -
Permission granted by Mississippi Power
Mississippi Power plans 'smart neighborhood' with Tesla batteries, Solar Roofs
The community of up to 150 homes will also feature automation along with energy-efficient equipment and appliances like smart thermostats and refrigerators.
By Cailin Crowe • Dec. 1, 2020 -
Moody's, S&P lower FirstEnergy credit rating to 'junk' amid more potential fallout from corruption probe
Meanwhile, a federal judge on Tuesday ordered lawyers for former FirstEnergy subsidiary FirstEnergy Solutions to explain their involvement, if any, in a scheme to pass legislation to subsidize two nuclear plants.
By John Funk • Nov. 25, 2020 -
How to best manage ESG disclosures
Environmental, social and governance reporting will likely become mandatory for public companies, specialists say. CFOs should figure out best practices now.
By Ted Knutson • Nov. 25, 2020 -
Ohio PUC Chairman Samuel Randazzo abruptly resigns four days after FBI searched his home
The FBI raided Randazzo's Columbus home early Monday morning with a sealed search warrant thought to be connected to an ongoing investigation into political corruption and the bailout of two Ohio nuclear power plants.
By John Funk • Nov. 21, 2020 -
Photo illustration by Brian Tucker/Utility Dive; photograph by LL28 via Getty Images
sPower merger allows AES to ramp up 24/7 clean energy product offerings to customers like Google
Though not the first company to offer a 24/7 power product, an analyst says streamlining renewable generation and storage offerings is a smart move amid growing corporate demand.
By Emma Penrod • Nov. 20, 2020 -
Danielle Ternes/Utility Dive
Deep DiveWhy capital markets are continuing to finance utilities facing rising flood and other climate change impacts
In a sample of 18 utility disclosures on climate risks analyzed by Utility Dive, 13 stated flooding and heavy storms were a short-to-mid term threat.
By Iulia Gheorghiu • Nov. 20, 2020 -
PG&E taps Consumers Energy chief Patricia Poppe as new CEO after months-long search
Poppe was chosen in part because of her track record on implementing a strong safety culture, interim CEO Bill Smith said Wednesday.
By Kavya Balaraman • Nov. 19, 2020
Previous
