Corporate News: Page 59


  • Sonnen's latest funding round nets $70M, led by Shell Ventures

    The company's "strategic cooperation agreement" focuses on innovative integrated energy propositions, EV charging solutions and grid services based on a virtual battery pool.

    By May 29, 2018
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    Wikimedia Commons
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    Cal Fire: PG&E violated state law, causing 3 wildfires last year

    State officials released their first investigations into the 2017 California wildfire season last week, which could pose up to a $12 billion liability for PG&E.

    By May 29, 2018
  • 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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    Department of Energy
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    State regulators approve Westar, Great Plains Energy $15B merger

    Kansas and Missouri regulators approved the deal after the companies removed a $4.9 billion acquisition premium that Great Plains proposed to pay for Westar.

    By Iulia Gheorghiu • May 29, 2018
  • Trump abandons plan to sell off BPA power assets

    The White House plan to sell off four federal power authorities, floated in its last two budget proposals, was opposed by electric co-op and municipal utility groups.

    By May 29, 2018
  • 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 May 22, 2018
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    YouTube/The Boring Company
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    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 May 21, 2018
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    Orlando Utilities Commission
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    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 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 May 18, 2018
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    Wikipedia Commons
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    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 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 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 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 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 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 May 11, 2018
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    General Electric Co.
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    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 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 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
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    Getty Images
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    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 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 May 1, 2018
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    Daimler
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    Mercedes-Benz abandons residential storage ambitions

    The expensive residential batteries intended to challenge Tesla's Powerwall were "overdesigned," the company said.

    By May 1, 2018