Corporate News: Page 62
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Regulators slash Kentucky Power rate request, demand side management programs
The utility's average demand side management residential surcharge has risen about 20-fold, from about $0.50 to $10.50 a month, the Kentucky Public Service Commission noted.
By Robert Walton • Jan. 22, 2018 -
Toshiba reaches agreement to sell Westinghouse claims, assets
The company will also transfer its Westinghouse shares to Brookfield Business Partners, which earlier this month agreed to purchase the nuclear engineering firm for $4.6 billion.
By Robert Walton • Jan. 19, 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 -
2 utilities sued over deadly California mudslides
According to the lawsuit, a wildfire allegedly caused by Southern California Edison's equipment burned away vegetation that would have prevented the mudslide that killed 20 people. Montecito Water District is also named in the suit.
By Robert Walton • Jan. 19, 2018 -
FERC approves Avista-Hydro One deal
The $5.3 billion all-cash deal was announced last summer and could close in the second half of this year.
By Robert Walton • Jan. 17, 2018 -
Dominion CEO: SCANA deal off if cost recovery for Summer plant repealed
CEO Thomas Farrell told lawmakers if they alter the Base Load Review Act for existing projects, the defunct V.C. Summer nuclear project would be "SCANA’s management issue, not ours."
By Gavin Bade • Jan. 17, 2018 -
Deep Dive
Shuttered coal plant fixer-uppers for sale all over the U.S.
More than half of all coal plants are, or will soon be, shuttered. Collaboration and compromise by some are beginning to reveal ways to reclaim the sites for new purposes.
By Herman K. Trabish • Jan. 16, 2018 -
Lower corporate tax rates no boon for renewables, analysts find
According to J.P. Morgan, $11 billion of tax equity financing was raised for renewable energy projects in 2016. Some of that may now be in jeopardy.
By Robert Walton • Jan. 16, 2018 -
Deep Dive
Dominion-SCANA proposal shows shareholder gains, few ratepayer benefits, analysts say
Dominion’s $14.6 billion purchase offer may be the only one on the table for the beleaguered South Carolina utility, but is it good enough to get across the finish line?
By Peter Maloney • Jan. 11, 2018 -
Deep Dive
Predictions 2018: Federal policies to dominate
What will 2018 bring to the power sector? Seven experts weigh in.
By Krysti Shallenberger • Jan. 8, 2018 -
Brookfield-led group to acquire Westinghouse for $4.6B
In 2017, the nuclear engineering firm announced it was exiting the construction business as it sought to resolve its Chapter 11 bankruptcy.
By Robert Walton • Jan. 5, 2018 -
SunEdison emerges from Chapter 11 bankruptcy
With restructuring complete, the scaled-back renewables company says it will focus on monetizing its remaining assets.
By Robert Walton • Jan. 4, 2018 -
Dominion, SCANA agree to $14.6B all-stock merger
If approved, the combined company would write off $1.7 billion in costs related to the abandoned V.C. Summer nuclear plant.
By Gavin Bade • Jan. 3, 2018 -
After tax overhaul, utility regulators are pushing for lower customer rates
Multiple states have ordered utilities to examine any savings they see as a result of the lower corporate tax rate in effect this year, and to prepare to pass those savings back to customers.
By Robert Walton • Jan. 2, 2018 -
Updated: Trump approves GOP tax overhaul bill
Utilities stand to benefit, renewables dodged a bullet and nuclear energy was left out in the cold as Republicans finalized their tax rewrite.
By Gavin Bade • Dec. 22, 2017 -
Deep Dive
Has Xcel Minnesota designed the ideal residential time-of-use rate?
The pilot program, to determine if price signals can get customers to shift energy usage away from peak times, has garnered wide acclaim. The main concern? it doesn't start soon enough.
By Herman K. Trabish • Dec. 22, 2017 -
Con Edison seeks 'non-pipe' solutions to address peak gas demand
The New York utility is considering investing at least $100 million annually in a bid to avoid construction of a major new gas pipeline.
By Robert Walton • Dec. 21, 2017 -
Opinion
Enhancing customer engagement: A utility roadmap for the Amazon era
Utilities are well-positioned to provide new products and energy options, writes ICF's Phil Mihlmester, who offers several paths for companies to increase customer satisfaction and grow their business.
By Philip Mihlmester • Dec. 21, 2017 -
Deep Dive
NOPR, nukes and taxes: The top 10 Utility Dive stories of 2017
It's been a frantic year of energy news. Here's a recap of what Utility Dive readers found most important.
By Gavin Bade • Dec. 20, 2017 -
Austin Energy solar PPA could be lowest-priced in US, analysts say
GTM Research estimates a 150 MW solar contract signed last week could run as cheap as $21/MWh.
By Robert Walton • Dec. 20, 2017 -
Demand charges or 'efficiency rates'? EEI wants a wording change
A Powerpoint obtained by the Energy and Policy Institute shows trade group Edison Electric Institute suggesting utilities call controversial demand charges "efficiency rates."
By Krysti Shallenberger • Dec. 20, 2017 -
Opinion
5 steps renewable providers can take to simplify energy procurement and increase business opportunities
Utilities and other providers should customize renewable energy offerings to small and mid-cap companies or risk ceding significant significant growth opportunities, Deloitte's U.S. and Global Renewable Energy Leader, Marlene Motyka, writes.
By Marlene Motyka • Dec. 19, 2017 -
Deep Dive
How the GOP tax overhaul could affect the power sector
Congress is expected to vote on tax legislation this week. Here's a cheat sheet for what it means for your industry and more.
By Industry Dive Staff • Dec. 18, 2017 -
11-hour power outage at Atlanta airport grounds thousands of flights
Georgia Power says an underground fire damaged switching equipment that would normally trigger backup power supplies at the world's busiest airport.
By Gavin Bade • Dec. 18, 2017 -
Updated: GOP includes BEAT fix, drops nuclear credits in tax bill
The final bill would allow companies to offset 80% of BEAT payments accrued due to energy tax credits, but renewable power interests are still concerned it could stifle wind energy financing.
By Gavin Bade • Dec. 15, 2017 -
Sempra reaches Oncor settlement with stakeholders, includes ring-fence protections
Other commitments in the settlement include eliminating all debt currently at Energy Future Holdings Corp. and Energy Future Intermediate Holding Company LLC.
By Robert Walton • Dec. 15, 2017