Corporate News: Page
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DTE takes on customer range anxiety with electric vehicle incentives, education plan
The "Charging Forward" program includes rebates and special charging rates, with the distributed demand expected to add efficiencies to DTE's system and put downward pressure on prices.
By Robert Walton • June 5, 2019 -
Duke to accelerate Florida nuclear plant decommissioning by almost 50 years
If approved by federal and state regulators, the utility will decommission its previously retired Crystal River Nuclear plant by 2027.
By HJ Mai • May 31, 2019 -
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 -
Virginia denies Costco exit from Dominion service
State regulators said the company's exit would cost ratepayers $1.57 million annually as five other businesses have also asked to exit the incumbent utility's "excessive costs."
By Catherine Morehouse • May 31, 2019 -
Ohio House approves nuclear, coal subsidies, ditches renewables mandate
The legislation headed to the state Senate scraps utility clean-energy requirements established in 2008 while raising $190 million annually to bail out two FirstEnergy Solutions nuclear plants.
By Iulia Gheorghiu • May 30, 2019 -
To decarbonize US economy, C2ES foresees large corporate investments and maybe a carbon tax
The environmental nonprofit released three scenarios to reduce U.S. carbon emissions 80% below 2005 levels by 2050, each driven by the fact that the power, transportation and building sectors are interlinked.
By Iulia Gheorghiu • May 30, 2019 -
Sponsored by TrackVia
Organizational agility no longer optional for utilities — get there with these 5 steps
Organizational agility enables large-scale utility companies to thrive, delivering higher all-round performance, with positive benefits for customers, shareholders, and employees.
By Ross Smith and Jamison Roof, Digital Utility Transformation Experts at PA Consulting • May 30, 2019 -
PJM CEO Ott to retire amid RTO shake-up
The grid operator's Board of Managers formed a committee to search for a new CEO and approved five executive promotions proposed by Ott, who became eligible for retirement a year ago.
By Iulia Gheorghiu • May 29, 2019 -
Opinion
Thriving in a low carbon future: M&A and the new energy economy
"One particular trend we are witnessing in this sector is traditional oil and gas and utilities companies moving into new areas, principally renewable energy, electric vehicles and storage," the authors write.
By Mary Anne Sullivan, Sarah Shaw and Alex Harrison • May 29, 2019 -
Ohio House advances nuclear subsidy bill, ditching renewable components
Proponents of the bill, which would give nearly $190 million a year to FirstEnergy Solutions' nuclear plants, are working to ensure the Republican vote is locked down as the legislation approaches a vote on the House floor.
By Iulia Gheorghiu • May 24, 2019 -
Xcel, Boulder to settle lawsuit; City agrees to dissolve utility
Boulder officials say the settlement does not affect the city’s plan for voters to determine whether to create a municipal electric utility.
By Robert Walton • May 24, 2019 -
Eversource turns to non-wires solution in outage-plagued New Hampshire town
The project in Westmoreland includes a large-scale battery, energy efficiency efforts and a program to incentivize customer-owned distributed resources.
By Robert Walton • May 23, 2019 -
National Grid says no new NYC gas customers until state approves pipeline
New York regulators denied a permit last week, ruling the Williams Cos' pipeline that would relieve natural gas congestion in the New York City Area could harm aquatic life.
By Iulia Gheorghiu • May 22, 2019 -
Senators launch bipartisan initiative on long term solutions to expiring energy tax credits
Finance Committee task forces are expected to produce options by the end of June that can be enacted this year while clean energy advocates are pushing to also give storage access to tax credits.
By Iulia Gheorghiu • May 21, 2019 -
SCE rolls out $356M charging program to spur electric trucks, buses and other large vehicles
Southern California Edison's Charge Ready Transport program is aiming to install charging infrastructure at almost 900 commercial customer sites in the next five years, to support 8,490 electric vehicles.
By Robert Walton • May 21, 2019 -
NRG Energy advances retail expansion with $300M Stream Energy acquisition
The all-cash deal will add more than 600,000 residential customers to NRG's service and help the company grow market share in Texas, Pennsylvania and other areas.
By Robert Walton • May 21, 2019 -
Facebook to pay half of $85 million New Mexico transmission line under new order
State regulators rejected a request from Public Service of New Mexico to reconsider a decision denying ratemaking treatment for a transmission upgrade, which they say would only serve one customer.
By Robert Walton • May 20, 2019 -
PJM CEO Ott: Lowering storage durations in Order 841 response will displace demand response resources
The grid operator doesn't want to lower its 10-hour minimum storage duration requirement for capacity market participation at the risk of displacing demand response resources.
By Iulia Gheorghiu • May 16, 2019 -
Florida approves TECO solar energy tariff, increasing access to green energy
As TECO works to develop the largest percentage of solar power of any Florida utility, its customers will be able to subscribe for a $0.063 per kWh charge to access 17.5 MW of solar.
By Iulia Gheorghiu • May 15, 2019 -
Bankruptcies rack up in coal sector as past reserve investments catch up with industry
Cloud Peak Energy, which supplies almost 60 million tons of coal to utilities across the country, filed for bankruptcy Friday after being one of the last remaining coal companies in the country to have held on to its debt.
By Catherine Morehouse • May 14, 2019 -
Tech giants pressure Dominion for more storage, renewables, less gas in Virginia
The utility's latest IRP calls for new natural gas capacity due to the increased load expected from data centers, leading to complaints from Microsoft, Apple and other companies with green sustainability goals.
By Iulia Gheorghiu • May 14, 2019 -
Anbaric to flip Massachusetts coal plant site into offshore wind facility with 400 MW storage
The former Brayton plant site, symbolic of the transition from fossil fuels to renewables, will also have a 1,200 MW high-voltage direct current converter.
By Iulia Gheorghiu • May 14, 2019 -
How a public power utility forges the path to a digital future
The "shift of any utility, and especially NYPA, from a traditional utility to a digital utility, is shifting the mindset of folks who have been here many years," CIO Robert Piascik said.
By Samantha Schwartz • May 10, 2019 -
Duke CEO presses case against N.C. coal ash excavation order, S.C. rate ruling
Lynn Good highlighted a potential appeal of orders from South Carolina regulators due to disappointingly low coal ash recovery costs and return on equity percentages for Duke Energy's Progress and Carolinas subsidiaries.
By Iulia Gheorghiu • May 10, 2019 -
Deep Dive
Florida's solar turnaround sparks concerns over limits on community projects
Many are asking how big this boom will get, but a better question may be how this growth will evolve as its impact sparks responses by utilities, solar developers and policymakers.
By Herman K. Trabish • May 9, 2019 -
California regulators dig into safety qualifications of new PG&E board
Amidst ongoing investigation into PG&E safety culture, regulators called on the embattled utility to provide detail into the safety experience of its new board members, including a new CEO and 10 new directors.
By Robert Walton • May 9, 2019
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