Corporate News: Page 48


  • PG&E shares jump as California report advocates wildfire liability changes

    Strict fire liability rules are not working and "under the status quo, all parties lose," according to a new report from California Gov. Gavin Newsom.

    By April 15, 2019
  • Calpine sells 2 gas-fired plants to Starwood Energy

    The sale features more than 825 MW of contracted capacity in two wholesale markets, including Wisconsin's largest peaker and the newest plant in Calpine's fleet.

    By April 15, 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
  • Southern California Edison requests higher ROE, citing wildfire risks

    The utility told federal regulators the share price of its parent company has "dropped dramatically since 2017 as a result of this wildfire risk."

    By April 12, 2019
  • Hawaiian Electric targets nearly 1.4 GWh storage, 135 MW solar equivalent in latest solicitation

    If approved by Hawaii regulators, the second phase of the utility's procurement plans would compensate for the planned closure of two fossil-fuel power plants and bring the state closer to its 100% renewable energy goal.

    By HJ Mai • April 11, 2019
  • Dominion gas explosion kills 1, injures 17 in North Carolina

    A rupture to a two-inch gas line caused a leak that led to the explosion late Wednesday morning.

    By Catherine Morehouse • April 11, 2019
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    Getty
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    Report: PG&E sanctioned for physical and cybersecurity-related violations

    DTE Energy and City Utilities of Springfield, Missouri, have also been penalized for violating critical infrastructure protection rules from 2014 to 2016, coinciding with a Russia-based campaign to infiltrate American utility defenses.

    By HJ Mai • April 10, 2019
  • Bankruptcy judge turns back FirstEnergy reorganization plan

    The company's deal with creditors would have shielded it from cleanup costs at 8 GW of retiring coal and nuclear plants, but the judge called it "patently unconfirmable."

    By April 5, 2019
  • Idaho Power claims one of lowest-priced solar deals at 2.2 cents/kWh

    Once constructed, the 120-MW facility will help the utility replace coal-fired power it currently gets from the North Valmy plant in Nevada.

    By April 4, 2019
  • PG&E taps new CEO, 10 directors to lead utility through bankruptcy

    Former TVA chief Bill Johnson will take over leadership and seven board members will step down as the embattled utility seeks new direction following a bankruptcy filing related to California's deadly wildfires.

    By April 4, 2019
  • Save coal plant and prevent forest fires? APS assesses biomass conversion at Arizona unit

    The Arizona Corporation Commission last December adopted a policy to encourage power generation from forest biomass in an effort to address the risk of wildfires while also creating jobs.

    By Iulia Gheorghiu • April 4, 2019
  • NiSource report emphasizes safety after Massachusetts gas explosions, accelerates emissions targets

    The utility said it has replaced over 430 miles of gas pipeline and plans to invest another $150 million to install shut-off devices on its low pressure systems after a series of deadly explosions in September.

    By Catherine Morehouse • April 3, 2019
  • Watchdog raises concerns over Duke's request to recover $137M for cybersecurity upgrades

    After paying a record-breaking $10 million fine in January for cybersecurity violations, the utility asked federal regulators to recover their investments in system upgrades from their rate base.

    By HJ Mai • April 3, 2019
  • Federal judge blocks potential path to viability for 2.3 GW Navajo coal plant

    Coal producer Peabody Energy, the Hopi Tribe and labor union United Mine Workers of America tried to add legal pressure onto the Central Arizona Project to ensure the coal-fired plant had a large buyer for its output.

    By Iulia Gheorghiu • April 3, 2019
  • Duke proposes adding nearly 2.5K EV chargers in North Carolina

    Depending how quickly state regulators act, the $76 million program could be operational as soon as Q3, according to Duke Energy's director of electrification strategy, Lang Reynolds.

    By Iulia Gheorghiu • April 2, 2019
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    From Goldwind (used with permission)
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    Deep Dive

    As 100% renewables goals proliferate, what role for utilities?

    The momentum behind demand for renewables is growing; utilities lose if they ignore it and there is much to gain in planning ahead.

    By April 2, 2019
  • Controversial $1B Canada-US transmission line gets Maine PUC approval

    The key certificate, unanimously granted by the state's three commissioners, advances the 145-mile transmission corridor that would deliver hydropower from Quebec to Massachusetts.

    By Iulia Gheorghiu • Updated April 11, 2019
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    Permission granted by PJM Interconnection
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    PJM files update to energy market price formation rules with FERC

    The proposed tariff changes from the grid operator seek to resolve the "unjust and unreasonable" design of its reserve market rules.

    By Iulia Gheorghiu • Updated April 1, 2019
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    CPUC
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    Exclusive: PG&E's future rests on board picks, CPUC president says

    California regulators could reorganize the company or revoke its license to operate if they do not like new selections for its board of directors, California Public Utilities Commission President Michael Picker said in a wide-ranging interview. 

    By March 29, 2019
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    Gavin Bade
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    GE sheds 650 MW of renewable assets

    Enel Green Power North America purchased the generation for approximately $256 million, less than two months after General Electric said it would restructure and expand its renewables business.

    By March 26, 2019
  • Deep Dive

    The biggest numbers game in the power sector: Data analytics and the utility community of the future

    Data analytics are helping utilities improve operations and customer engagement, but a decentralized transactive energy network is in the works and will require additional computing advances.

    By March 25, 2019
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    Kendall Davis/Utility Dive
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    Deep Dive

    As 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 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
  • 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