Corporate News: Page 64
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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 -
Explore the Trendline➔
Joe Raedle via Getty ImagesTrendlineTop 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 -
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 -
Deep Dive
Power play: How a small co-op wants to open Nevada's electricity market and own it
Valley Electric Association is taking on NV Energy and dreaming big.
By Daniel Rothberg • Dec. 14, 2017 -
Virginia deals setback to Atlantic Coast Pipeline with conditional water permit approval
Construction of the major gas pipeline will be contingent on several additional studies to be reviewed by state environmental regulators, the Virginia Water Control Board decided on Tuesday.
By Gavin Bade • Dec. 13, 2017 -
Sempra secures FERC approval for Oncor purchase
The company must still secure approval from the Public Utilities Commission of Texas, a hurdle that's tripped up multiple would-be owners of Oncor.
By Gavin Bade • Dec. 12, 2017 -
Weak wholesale power markets spur GE Power job cuts
The 12,000 job reductions and prior steps in the division are expected to contribute $1 billion to GE's overall goal to reduce structural costs by $3.5 billion in 2017 and 2018.
By Peter Maloney • Dec. 12, 2017 -
Westinghouse report predicted nuclear development problems 6 years ago
New details have come to light in a Post and Courier story focused not just on the V.C. Summer nuclear station in South Carolina, but on other large-scale power failures in recent years.
By Robert Walton • Dec. 11, 2017 -
PG&E proposes clean energy alternative to new fossil fuel plant, transmission
Company President and CEO Geisha Williams says the steps to replace a jet-fueled peaker in Oakland could be "a model for other cities in California and beyond."
By Robert Walton • Dec. 8, 2017 -
PG&E, Exelon deals underscore power sector's foray into energy storage
PG&E has teamed up with EDF Renewables to build a storage portfolio while Exelon invests in an energy storage startup.
By Peter Maloney • Dec. 7, 2017 -
Moody's: Low interest rates, fuel costs, will support competitive public power rates in 2018
The ratings agency is maintaining its stable outlook on the U.S. public power sector for 2018, with timely cost recovery and lower capital spending requirements among the supporting factors.
By Robert Walton • Dec. 6, 2017 -
PSEG CEO: Salem, Hope Creek nukes will close absent subsidies
Critics say the plants aren't unprofitable, just not making the margins they want.
By Peter Maloney • Dec. 6, 2017 -
FirstEnergy files $450M plan to upgrade Ohio distribution grids
Customers of Ohio Edison, Cleveland Electric Illuminating and Toledo Edison could see faster restoration times in outages and a grid more capable of standing up to adverse weather conditions.
By Robert Walton • Dec. 5, 2017 -
Vogtle completion 'no longer economic,' Georgia PSC staff says
If the finances of the project do not change, regulatory staff argues it should be cancelled like the V.C. Summer nuclear expansion in South Carolina.
By Gavin Bade • Dec. 5, 2017 -
Cape Wind developers call it quits
Project opponents are celebrating after more than 15 years of fighting the 468 MW offshore wind proposal.
By Robert Walton • Dec. 4, 2017 -
Dive Awards
Deal of the Year: Oncor and its long list of suitors
Many have courted the largest T&D utility in Texas, but so far all have failed to impress regulators.
By Robert Walton • Dec. 4, 2017 -
Dive Awards
Executive of the Year: Chris Crane, CEO of Exelon
The Exelon CEO is a driving force in state and federal actions that are shaping the future of the U.S. power sector.
By Larry Pearl • Dec. 4, 2017 -
Dive Awards
Project of the Year: SDG&E's Escondido energy storage project
The success of the Escondido project and other Aliso Canyon battery installations is proving energy storage's worth as a bulk power system asset.
By Gavin Bade • Dec. 4, 2017 -
Dive Awards
The Utility Dive Awards for 2017
The 2017 Utility Dive Awards recognize the industry’s top disruptors and innovators. These executives, companies and trends are transforming the industry and shaping the future.
By Robert Walton , Gavin Bade , Krysti Shallenberger , Peter Maloney , Larry Pearl • Dec. 4, 2017 -
Dive Awards
Utility of the Year: Southern California Edison
The California utility set in motion an ambitious plan to cut emissions, invest in grid-edge technology and deploy more energy storage than required under state mandates in a short amount of time.
By Krysti Shallenberger • Dec. 4, 2017 -
Senate passes tax bill, teeing up mad lobbying rush in conference committee
Clean energy interests will push for removal of the Base Erosion Anti-Abuse Tax (BEAT) provision, while coal and nuclear lobbyists are reportedly planning a push to secure billions in tax credits for at-risk plants.
By Gavin Bade • Dec. 4, 2017 -
CPUC: SDG&E may not recover $379M from consumers for 2007 wildfires
The closely-watched decision could have implications for other utilities — including Pacific Gas & Electric which is under scrutiny for its role in wildfires that devastated Sonoma and Napa counties this fall.
By Robert Walton • Dec. 1, 2017 -
US Trade Rep pushes for another ITC report ahead of solar trade case hearing
Ambassador Robert Lighthizer asked for additional information from the International Trade Commission, pushing back a final decision from President Donald Trump to the end of January.
By Krysti Shallenberger • Nov. 30, 2017 -
West's largest coal plant to stay open through 2019 with new approval
Arizona utility Salt River Project announced Wednesday it secured approval to keep the 2,250 MW Navajo Generating Station open for more than a year.
By Gavin Bade • Nov. 30, 2017