Corporate News: Page
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Generators pan ISO-NE price taker proposal for fuel secure plants
The ISO-NE proposal to prop up plants with onsite fuel supplies would cause "massive suppression of prices" and displace more than a gigawatt of otherwise economic resources, critics wrote in comments.
By Gavin Bade • Sept. 27, 2018 -
Vogtle nuke deadline extended again to 5 p.m.
The owners faced a Tuesday deadline to agree on cost-sharing terms for the plant, but extended their negotiation period three times.
By Gavin Bade , Peter Maloney • Updated Sept. 25, 2018 -
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 -
DOE urges Vogtle nuke owners to complete project ahead of Monday vote
Canceling the plant expansion would have a "profound impact on the U.S. nuclear industry" and trigger the repayment of billions in federal loans, DOE warned.
By Gavin Bade • Sept. 24, 2018 -
Duke shuts down gas plant after Florence flooding breaches coal ash pit
Environmental groups collected samples of what they believe to be coal ash from a nearby river, though the utility maintains there is no discernable harm downstream.
By Catherine Morehouse • Updated Sept. 24, 2018 -
Outage at Exelon's Mystic plant drove tight ISO-NE Labor Day conditions
The unplanned event, caused by a power line fault, highlights the issues at stake in debates over fuel security in New England and grid resilience at FERC.
By Gavin Bade • Updated Sept. 21, 2018 -
Navajo Generating Station buyer backs out, putting coal plant future in doubt
The largest coal plant west of the Mississippi could close next year unless a new buyer is found.
By Robert Walton • Sept. 21, 2018 -
Sempra to sell $1.54B solar, storage assets to Con Edison
The sale is the first part of a multiphase, portfolio-optimization initiative for Sempra.
By Iulia Gheorghiu • Sept. 21, 2018 -
FERC allows construction to resume on Atlantic Coast Pipeline
The 600-mile pipeline was put on hold after a federal appeals court invalidated permits for where it crosses federal lands in Virginia.
By Gavin Bade • Sept. 18, 2018 -
EV charging providers scale up amid a 'revolution in transportation'
ChargePoint and EVBox plan to expand their charging networks as new numbers show electric vehicle adoption is growing faster than analysts previously thought.
By Robert Walton • Sept. 18, 2018 -
Duke's Brunswick nuclear plant declares low-level emergency as floodwaters block access
Federal rules require a utility to declare an "unusual event" when access to a plant is impeded, but NRC officials say public safety was never at risk.
By Gavin Bade • Sept. 18, 2018 -
Massachusetts governor puts rival utility in charge of Columbia Gas disaster response
Baker handed the restoration efforts for more than 70 fires to Eversource Energy, saying the "follow through" from Columbia Gas "was just not there."
By Gavin Bade • Sept. 17, 2018 -
Hurricane Florence triggers coal ash spill, cuts power to millions
Hundreds of thousands of customers remain without power in the Carolinas and Virginia after the storm dropped record-breaking rain on the region this weekend.
By Gavin Bade • Sept. 17, 2018 -
FERC, NERC open inquiry into winter load event that stressed Midwest grids
The inquiry could take on special significance given FERC's open grid resilience proceeding and the looming threat of a coal and nuclear bailout from the White House.
By Gavin Bade • Sept. 13, 2018 -
Outages, coal plant flooding top concerns as utilities brace for Hurricane Florence
Environmental groups are afraid flooding could release toxic coal ash, but utilities say their bigger worry involves cooling ponds at regional power plants.
By Catherine Morehouse • Sept. 12, 2018 -
SCE floats new wildfire grid upgrades after passage of California law
SCE's proposed $582 million hardening package comes in response to Senate Bill 901, which required utilities to update fire mitigation plans.
By Robert Walton • Sept. 12, 2018 -
McIntyre again defends FERC chief of staff amid political influence concerns
The FERC chairman said his chief of staff is "highly qualified" despite his comments that were widely interpreted as a statement that FERC is working with the White House on a bailout for coal and nuclear generators.
By Gavin Bade • Sept. 12, 2018 -
Lyft commits to 100% renewable energy, full carbon neutrality
The company is "doubling down on our climate and clean energy commitments" just in time for the 2018 Global Climate Action Summit in San Francisco.
By Kristin Musulin • Sept. 11, 2018 -
Deep Dive
Developers see value in California offshore wind development
Following market growth and big contract price drops along the East Coast, offshore wind developers are taking on floating foundations and the Navy on the West Coast.
By Herman K. Trabish • Sept. 10, 2018 -
Opinion
Let's bring back utility preferred stock... Sort of
The former senior director of S&P Global Ratings and founder of Utility Credit Consultancy makes a modest proposal to fundamentally change utility capital structures by adopting hybrid securities.
By Todd Shipman • Sept. 10, 2018 -
Pepco unveils $15M transportation electrification program for DC
Electric vehicle growth has been uneven in the District of Columbia, where two-thirds of residents are renters and have limited access to charging infrastructure.
By Robert Walton • Sept. 10, 2018 -
Duke 15-year plans lean heavy on gas to replace coal
Two-thirds of Duke's new capacity through 2033 will be from gas-fired power plants if regulators approve two resource plans submitted by the utility last week.
By Robert Walton • Sept. 10, 2018 -
NextEra aims to reduce CO2 emissions rate 65% by 2021
Claiming one of the lowest emissions profiles of electric companies in North America, NextEra Energy announced a target to lower its rate of emissions 13% beyond reductions achieved since 2001.
By Iulia Gheorghiu • Sept. 7, 2018 -
Arizona Supreme Court rules 50% renewables initiative will appear on ballot
A utility-backed opposition group says it will now focus on convincing customers to vote against the measure, which would set a 50% renewable portfolio standard.
By Robert Walton • Sept. 4, 2018 -
NRG completes sale of renewables platform to GIP
The deal allows NRG to shed $6.7 billion in debt and refocus on its retail electricity business.
By Robert Walton • Sept. 4, 2018 -
As Kentucky regulators reject smart meter plans, troubling trend continues for AMI
Kentucky Utilities and Louisville Gas & Electric "failed to provide sufficient evidence" that smart meters would benefit customers, regulators ruled last week.
By Robert Walton • Aug. 31, 2018