Corporate News: Page 69
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Deep Dive
Case study: APS invests in microgrid as Phoenix metropolitan area grows
The 63 MW microgrid can swiftly pivot into operating on solar and storage.
By Krysti Shallenberger • Aug. 28, 2017 -
ERCOT: Hurricane Harvey knocked out power to 300K Texas customers
Nearly 68,000 MW of capacity was at risk or lay directly in the Category 4 storm's path.
By Krysti Shallenberger • Aug. 28, 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 -
Duke proposes to pull plug on Lee nuclear project, raise rates to cover coal ash cleanup
The North Carolina utility wants to cancel its Lee Nuclear project in the wake of Westinghouse Electric's financial demise.
By Robert Walton • Aug. 28, 2017 -
Mississippi Power CEO 'very surprised' by failed Kemper negotiations
Mississippi Power and the Mississippi Public Utilities Staff have yet to reach a settlement regarding the utility’s canceled Kemper integrated gasification combined-cycle project.
By Robert Walton • Aug. 28, 2017 -
Santee Cooper CEO resigns in wake of abandonment of Summer nuclear project
Carter’s replacement has yet to be named, but a search is underway for an interim CEO, a Santee Cooper spokeswoman told Utility Dive.
By Peter Maloney • Aug. 28, 2017 -
Oglethorpe seeks $1.6B from DOE to finish troubled Vogtle nuclear project
The Department of Energy has already pledged $8.6 billion in loans for Southern Co.'s nuclear project, whose fate remains uncertain in the wake of Westinghouse's bankruptcy.
By Krysti Shallenberger • Aug. 25, 2017 -
DOE grid study sparks mixed reviews from power sector
The study's findings did not go against the broad industry consensus, as some feared they might. But the study still drew mixed reactions and disappointment, especially with its recommendations.
By Krysti Shallenberger • Aug. 25, 2017 -
DOE releases highly anticipated grid study, faults natural gas for baseload retirements
The study found cheap natural gas to be the greatest driver of plant retirements — and most notably, did not find renewables to be a threat to grid reliability.
By Krysti Shallenberger • Aug. 23, 2017 -
Mississippi Power misses Kemper settlement deadline
State regulators previously advised stakeholders that a settlement should not include a rate increase for Mississippi Power customers.
By Peter Maloney • Aug. 23, 2017 -
Opinion
Driving meaningful customer engagement
Amena Ali, chief revenue officer at Whisker Labs, outlines how utilities can drive customer engagement.
By Amena Ali • Aug. 22, 2017 -
Battery storage manufacturer Alevo files for bankruptcy
The company cited "significant production challenges" and "insufficient revenue to continue operations" as primary factors.
By Peter Maloney • Aug. 22, 2017 -
Sponsored by Esri
Spotting network vulnerabilities and optimizing assets: the power of location intelligence
Infrastructure-based industries are changing. Make sure your utility company is focused on the right path to operational intelligence.
By Bill Meehan • Aug. 21, 2017 -
Sempra swoops in with $9.5B Oncor bid after Buffett's Berkshire loses out
Energy Future Holdings abandoned a bid from Berkshire Hathaway after its main creditor criticized Warren Buffett for undervaluing the company's prized asset.
By Krysti Shallenberger • Aug. 21, 2017 -
Energy Capital Partners to acquire Calpine for $5.6B
ECP will acquire the merchant generator for $15.25/share in cash and is expected to close the deal in the first quarter of 2018.
By Krysti Shallenberger • Aug. 18, 2017 -
Berkshire Hathaway stands pat on $18.1B offer for Oncor
Warren Buffett's company is betting the simplicity of its offer will top a potential $18.5 billion bid from Elliott Management.
By Robert Walton • Aug. 18, 2017 -
Ohio regulators reject challenge to FirstEnergy subsidy
Last year, state regulators allowed FirstEnergy to collect an additional $204 million annually for grid modernization efforts. Opponents say the extra monies will go toward keeping struggling coal and nuclear plants afloat.
By Robert Walton • Aug. 17, 2017 -
Utility-backed Energy Impact Partners invests $10M in cybersecurity firm Dragos
The investment from EIP, Allegis Capital and DataTribe will grow the company's workforce in response to demand for cybersecurity services.
By Robert Walton • Aug. 15, 2017 -
Ratepayer sues SCE&G as lawmakers scramble for Summer completion plan
A lawsuit seeking class action status accuses South Carolina Electric & Gas of mismanaging $1 billion in ratepayer funds for the abandoned expansion of the Summer nuclear plant.
By Gavin Bade • Aug. 14, 2017 -
Bloomberg: NRG courting 7 buyers for renewable energy assets
NextEra Energy, Blackstone and Global Infrastructure Buyers are among the seven companies reportedly mulling bids for the company's renewable energy assets.
By Krysti Shallenberger • Aug. 14, 2017 -
Tesla installs first Solar Roof systems — on employees' homes
Co-founder Elon Musk says he has already outfitted his roof with the system and plans to roll out the product to more employees for testing and observation.
By Mary Tyler March • Aug. 10, 2017 -
Arizona regulators vote to hire lawyers in defense against APS political-spending case
Four of the five Arizona Corporation Commissioners voted to hire lawyers to defend themselves after Commissioner Bob Burns added them to his political-spending case.
By Robert Walton • Aug. 10, 2017 -
Deep Dive
Challenge for merchant generators is opportunity for private equity
As merchant generators retreat to improve their financials, private equity players are targeting the energy sector with billions of dollars.
By Peter Maloney • Aug. 9, 2017 -
Stem, CPower will pair DR, energy storage for dispatchable virtual power plants
The partnership will give utilities access to dispatchable virtual power plants, with both companies eyeing California as one of the first markets.
By Peter Maloney • Aug. 9, 2017 -
Federal judge rules TVA cannot leave Gallatin coal ash in place
The Tennessee Valley Authority will need to remove coal ash from pits at its Gallatin Fossil Plant and place it in a lined site.
By Robert Walton • Aug. 8, 2017 -
Duke defends rate increase to pay for North Carolina coal ash cleanup
By some estimates, coal ash cleanup in the state could cost close to $5 billion.
By Robert Walton • Aug. 7, 2017