Corporate News: Page 58
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Southern Co. unit to sell 33% of solar assets for $1.2B
Executives are exploring third-party equity financing for much of the subsidiary's wind portfolio.
By Iulia Gheorghiu • May 24, 2018 -
US nuke rules soured acquisition interest from European utilities, former regulator says
Former NRC Commissioner Jeffrey Merrifield made the comment while testifying at a House hearing on four nuclear bills, including one that would push DOE to focus on more highly enriched fuels.
By Gavin Bade • May 22, 2018 -
Explore the Trendline➔
Kevork Djansezian via Getty ImagesTrendlineSustainability
Companies are pursuing increasingly ambitous sustainability goals around clean energy, but integrating rising amounts of renewables, minimizing environmental impacts, and achieving carbon reduction targets can be challenging.
By Utility Dive staff -
Boring Company previews Los Angeles plan: $1 rides on all-electric underground pods
Elon Musk’s underground ambitions to defeat what he calls "soul-sucking traffic" are sky-high.
By Jason Plautz • May 22, 2018 -
DTE, Consumers pledge 50% clean energy, heading off ballot initiative
The Michigan utilities expect to reach most of the 2030 goal through efficiency initiatives, but at least 25% of the result will come from renewable energy.
By Robert Walton • May 21, 2018 -
NextEra to buy Gulf Power, gas assets from Southern for $6.5B
NextEra has long wanted more regulated utility assets but failed to close two high-profile acquisitions in recent years.
By Gavin Bade • May 21, 2018 -
Divided FERC restricts climate impacts in pipeline reviews
FERC will now only consider emissions associated with a specific proposed pipeline, rather than a broader approach to factor in a project's impact on production and consumption of natural gas.
By Gavin Bade • May 18, 2018 -
Utilities join with Tesla to sue EPA over fuel standard rollback
The D.C. Circuit case filed earlier this month is another indication that utilities are beginning to lean into the fight over electric vehicles.
By Gavin Bade • May 18, 2018 -
APS: Controversial RFP does not violate Arizona gas moratorium
Reliability concerns about energy storage prompted Arizona Public Service to limit its role in a pending contract request, executives said.
By Gavin Bade • May 17, 2018 -
Federal court blocks Atlantic Coast Pipeline construction in at least some areas
The U.S. Court of Appeals for the Fourth Circuit ruled the U.S. Fish and Wildlife Service did not properly guard against endangered species impacts when it signed off on the project. Dominion said it plans to move forward as scheduled.
By Robert Walton • May 16, 2018 -
Judge allows bankrupt FirstEnergy Solutions to exit power plant co-op
Other utility members of the Ohio Valley Electric Corporation say the loss of $58 million in annual First Energy Solution support payments could raise prices for consumers.
By Robert Walton • May 16, 2018 -
Tesla software update allows Powerwall 2 owners to optimize for time-varying rates
The Time-Based Controls update will enable customers to save on energy bills, but the rollout has not yet reached all customers.
By Robert Walton • May 15, 2018 -
NTE Energy announces plans for new 1 GW gas plant in South Carolina
The plant would serve about 1 million customers and developers boast that it "will feature some of the most efficient and environmentally-friendly technologies currently available."
By Robert Walton • May 11, 2018 -
GE to buy Alstom out of joint ventures for $3.1B
The three joint ventures, which focused on renewables, nuclear and the grid, were developed in 2015 when GE purchased Alstom's energy business.
By Robert Walton • May 10, 2018 -
Florida regulators approve nearly 1.7 GW in new gas plants
The Public Service Commission approved two plants — a 573 MW facility due to come online in 2021 and a 1.1 GW facility slated for 2022. Both will serve electric co-op customers.
By Robert Walton • May 10, 2018 -
EnSync's solar+storage to allow energy sharing in Hawaii
By combining solar energy and storage to share power, the company says it can increase system efficiency and lower costs.
By Peter Maloney • May 10, 2018 -
PG&E taps EVBox to build up to 2.5K charging stations
The California utility announced its first supplier of charging stations, which it will own as part of its CPUC-approved electric vehicle charging program.
By Iulia Gheorghiu • May 9, 2018 -
Tesla's Musk talks 'gigawatt-hour scale' storage project
Tesla CEO Elon Musk is thinking big and bigger, building on the success of the company's 129 MWh South Australia project.
By Peter Maloney • May 8, 2018 -
Opinion
How can US utilities be ready when everything changes?
EY has modeled three critical tipping points for utilities on the way to a new energy system. In Europe and Oceania they're staggered, but in the U.S., they'll arrive in much quicker succession, Dana Hanson writes.
By Dana Hanson • May 4, 2018 -
HECO proposes 2 large battery projects to support renewables push
Proposals include 20 MW and 100 MW battery systems, which must be approved by state regulators.
By Robert Walton • May 3, 2018 -
Dominion plans up to 3.6 GW gas, 4.7 GW solar in Virginia
The utility is counting on some form of carbon emissions regulation in the future as it laid out estimates of how much that might cost.
By Robert Walton • May 1, 2018 -
Mercedes-Benz abandons residential storage ambitions
The expensive residential batteries intended to challenge Tesla's Powerwall were "overdesigned," the company said.
By Robert Walton • May 1, 2018 -
PJM: FirstEnergy nukes can retire without reliability threat
The grid operator says three plants subject to an emergency bailout request at the Department of Energy can retire without putting electricity service at risk.
By Gavin Bade • April 30, 2018 -
Deep Dive
The innovations just keep coming in the corporate-utility deal space
Utilities and corporate power buyers are finding new innovations in their collaborative efforts to drive the growth of renewables and cut emissions.
By Herman K. Trabish • April 26, 2018 -
SCE&G rate hikes called 'unconstitutional' by South Carolina AG
The Attorney General's comments come as part of a case aimed at recovering the amount customers have paid for the failed V.C. Summer nuclear project since its abandonment last year.
By Iulia Gheorghiu • April 23, 2018 -
CenterPoint Energy to buy Vectren in $6B deal
The proposed combined company would serve 7 million customers in eight states and is the latest in a string of deals centered around Texas utilities.
By Robert Walton • April 23, 2018