Corporate News: Page 46


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    PG&E tells court deferred maintenance did not play a role in sparking wildfires

    U.S. District Judge William Alsu​p had directed the utility to respond to reports that it knew for years there was a risk its aging transmission system could spark wildfires.

    By Aug. 1, 2019
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    GE Renewables
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    GE Renewables notches $184M Q2 loss, despite strong revenue growth

    The company cited a host of reasons for the loss, including increased research and development spending, and project execution issues, particularly in Asia.

    By Aug. 1, 2019
  • High voltage power lines seen from below Explore the Trendline
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    Joe Raedle via Getty Images
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    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
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    Southwest Power Pool moves to boost reliability, storage amid CEO resignation

    The buildout of cheap renewables and the large queue of battery storage projects prompted stakeholders to ask SPP to study the reliability impacts of a grid with less conventional generation.

    By Iulia Gheorghiu • Aug. 1, 2019
  • FERC staff drafts environmental 'pass' for Mountain Valley Pipeline expansion

    NextEra Energy's joint venture would add two delivery points to meet Dominion Energy's natural gas supply needs in North Carolina.

    By Iulia Gheorghiu • July 30, 2019
  • US utility deals reach $12.3B in Q2 2019, renewables growth expected to drive more

    The overall volume of deals continues to decline, but analysts expect state and city mandates to drive more.

    By July 26, 2019
  • Apple leads second-biggest year for commercial solar installations: SEIA

    Power purchase agreements and off-site installations play an important role as more companies add solar capacity.

    By Max Witynski • July 25, 2019
  • Ørsted to develop offshore wind manufacturing hub to service East Coast

    The staging area would enable offshore wind construction throughout the region, particularly for Ørsted’s 120 MW offshore wind farm off the border of Maryland and Delaware.

    By Iulia Gheorghiu • July 24, 2019
  • Duke Energy Renewables acquires 200 MW Texas solar project, largest in its fleet

    Energy from the project will be sold through a 12-year hedge agreement, the first time the Duke subsidiary has used such a financing mechanism for solar.

    By July 24, 2019
  • Maine regulators blast utility rate hike, customer service 'deficiences' in local op-ed

    The Public Utilities Commission is investigating Central Maine Power's implementation of a new $56 million billing system as regulators promised to "take action."

    By Iulia Gheorghiu • July 23, 2019
  • New Hampshire Supreme Court strikes down appeal for Northern Pass transmission permit

    Gov. Chris Sununu, R, a long-time supporter of the project, says "it is time to move on," to other transmission projects that will bring clean energy to New England.

    By Iulia Gheorghiu • July 22, 2019
  • New York awards record 1,700 MW offshore wind contracts

    Gov. Andrew Cuomo announced two separate projects being developed by Equinor and Ørsted as the first segment of the state's 9,000 MW offshore wind target.

    By Iulia Gheorghiu • July 19, 2019
  • 13,000 without power following explosion at Madison Gas & Electric substation

    The transmission company that owns and operates the equipment responsible for both fires says it identified a potential problem at the Blount Street substation during a routine inspection just days before the fire occurred.

    By Max Witynski • Updated July 23, 2019
  • Colorado regulators cancel Black Hills Energy TOU pilot amid concerns for low-income customers

    The PUC chairman suggested combining TOU with demand side management could better empower low income customers to take control of their bills.

    By Iulia Gheorghiu • July 17, 2019
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    Uplight
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    Tendril targets utility customer care trend, merges into a new platform

    The company shifted its strategy from acquiring market leaders to providing end-to-end service to customers through a more integrated load management platform.

    By Iulia Gheorghiu • July 16, 2019
  • National Grid acquires renewables developer Geronimo for $100M

    The Minnesota-based wind and solar developer seeks to expand ownership of renewables projects through the balance sheet and experience with large-scale energy projects of the utility's business unit.

    By Iulia Gheorghiu • July 16, 2019
  • AEP plans $2B, 1.5 GW wind purchase in Oklahoma

    The company recently added 724 MW of wind and battery generation to its contracted competitive portfolio, and proposed adding more than 9,100 MW of new wind and solar.

    By July 16, 2019
  • Sponsored by HomeServe

    Engaging the "selectively engaged" energy consumer

    Deepen relationships and improve utility CSAT by engaging the ‘selectively engaged’ 40%.

    July 16, 2019
  • Cause of weekend NYC outage still unknown; ConEd to investigate why grid failed to isolate probem

    72,000 customers on the West Side of Manhattan lost power Saturday evening, on the anniversary of the much-larger 1977 outage.

    By July 15, 2019
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    VW and Ford expand partnership on EVs, AVs

    Volkswagen will invest $2.6 billion in Argo AI, signaling the latest collaboration between major automakers adapting to new mobility trends. 

    By Jason Plautz • July 15, 2019
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    NV Energy will utilize power shutoffs to reduce wildfire risks

    The strategy is similar to utilities' approach in California. While high winds are typically the main force behind a proactive power shutoff, NV Energy says "no single factor" will drive its decisions.

    By July 15, 2019
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    Convergent storage
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    Private equity investment in storage expected to increase as ECP buys Convergent

    Experts say private equity fund Energy Capital Partner's acquisition of an energy storage developer is a validation for the sector and could lead to more investments going forward.

    By HJ Mai • July 12, 2019
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    Democratic AGs press for PJM CEO focused on climate, states' rights

    Maryland, Delaware and D.C.'s attorneys general want the grid operator to have a president who won't treat state clean energy preferences as "out-of-market distortions."

    By Iulia Gheorghiu • July 11, 2019
  • Opinion

    Utility post-merger savings: Data can enable or impede them

    The benefits of scale and standardization exist for those companies that intend to grow through acquisition, but they must be ready to adopt a less collegiate approach to the integration of their targets.

    By David Price • July 9, 2019
  • PNM proposes gas, solar+storage mix as cheapest option to replace San Juan coal plant

    The utility also modeled fossil fuel-free scenarios, but is not interested in making the large investment in battery technology that would be required.

    By Iulia Gheorghiu • July 3, 2019
  • Xcel Minnesota plans to retire 2.4 GW of coal, critics say natural gas has too big a role in IRP

    The utility's preferred plan also includes more than 700 GWh of annual energy efficiency savings, but environmental advocates say it will never fully decarbonize if it is "taking one step back for every two steps forward.”

    By July 3, 2019