Corporate News: Page 7
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OpinionC&I customer needs are rapidly changing. How can utilities maximize their relationship?
Utilities risk being blindsided by the capacity needs of commercial and industrial customers by not engaging them early and often to understand their electrification plans.
By Julia Hamm and Chase Weir • Sept. 26, 2024 -
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The bipartisan ADVANCE Act is boosting US nuclear. What does the industry want next?
Nuclear executives and analysts reflect on the landmark law’s expected benefits while gaming out the next wave of policy support — and a future where it’s no longer necessary.
By Brian Martucci • Sept. 24, 2024 -
Explore the Trendline➔
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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 -
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A fast-track PJM interconnection review could speed Three Mile Island restart: Constellation CFO
Pennsylvania Gov. Josh Shapiro, D, urged the PJM Interconnection on Friday to adopt expedited interconnection studies for shovel-ready projects.
By Ethan Howland • Sept. 23, 2024 -
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Constellation plans 2028 restart of Three Mile Island unit 1, spurred by Microsoft PPA
The tech giant will purchase energy from the 835-MW plant over 20 years to match power consumed by its data centers in the PJM Interconnection.
By Brian Martucci • Sept. 20, 2024 -
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BlackRock, Microsoft, others form AI and energy infrastructure investment partnership
Microsoft President Brad Smith said the funding necessary to build out the data centers, AI factories and energy needed to power them “goes beyond what any single company or government can finance.”
By Lamar Johnson • Sept. 20, 2024 -
Courtesy of General Motors
GM, EVgo plan 400 EV charging stations in metro areas
Most flagship stations are expected to feature up to 20 stalls, but some select sites will offer significantly more chargers.
By Eric Walz • Sept. 17, 2024 -
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NRC exemption for Hermes 2 test reactor shows nuclear licensing ‘progress’: NIA
NRC’s decision against a full environmental impact statement shows its progress on more efficiently and effectively licensing advanced nuclear technologies, Nuclear Innovation Alliance’s Patrick White said.
By Brian Martucci • Sept. 17, 2024 -
FirstEnergy to pay $100M to settle SEC HB 6 bribery investigation
“We are pleased to have reached a resolution with the [Securities and Exchange Commission] as we continue to turn a new chapter,” Brian Tierney, FirstEnergy president and CEO, said Thursday.
By Ethan Howland • Sept. 13, 2024 -
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Middle River Power reverses plan to shut 540-MW plant amid record PJM capacity prices
The company withdrew plans to shutter its gas-fired Elgin power plant in Illinois after capacity prices jumped to $270/MW-day in PJM's part of the state.
By Ethan Howland • Sept. 12, 2024 -
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FERC greenlights BlackRock’s $12.5B purchase of Global Infrastructure Partners
The Federal Energy Regulatory Commission approved the transaction on the back of a blanket authorization it first granted the asset management firm in 2010.
By Lamar Johnson • Sept. 11, 2024 -
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Research shows RNG industry consolidating as major players announce new or completed projects
A report from WoodMackenzie found that market consolidation could lead to greater efficiencies and drive technology upgrades at landfills. Meanwhile, WM and Waste Connections shared progress on their RNG projects.
By Jacob Wallace • Sept. 10, 2024 -
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BLM approves NV Energy’s Greenlink West transmission, Arevia’s $2.3B solar + storage project
NV Energy will buy power from Arevia’s 700-MW solar/2.8-GWh battery project in Nevada at a levelized cost of $93.69/MWh.
By Ethan Howland • Sept. 10, 2024 -
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CleanCapital, Sunrock partner to deploy solar, battery storage in US communities
CleanCapital’s senior director of investments and capital markets said the partnership will allow the companies to accelerate the nation's energy transition “where it matters most.”
By Lamar Johnson • Sept. 5, 2024 -
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Texas denies Aegle Power loan application for 1.3-GW gas plant after NextEra’s unauthorized inclusion
Lawmakers said they want to know how the Public Utility Commission of Texas and Deloitte “advanced a problematic and unqualified application by an energy executive who was publicly convicted of fraud.”
By Robert Walton • Sept. 5, 2024 -
Courtesy of Ford Motor Co.
Ford, TXU Energy aim to make at-home EV charging more affordable
The utility is offering the automaker's electric vehicle customers 125 hours of free home charging time a week.
By Kalena Thomhave • Sept. 4, 2024 -
Courtesy of The Chemours Co.
Chemours opens EV battery innovation center in Delaware
The research and development facility will focus on developing and improving lithium-ion batteries for electric vehicles.
By Sara Samora • Sept. 3, 2024 -
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Meta inks geothermal deal with Sage Geosystems to power data centers
The deal will provide up to 150 MW and be the first use of next-gen geothermal energy east of the Rocky Mountains.
By Lamar Johnson • Aug. 29, 2024 -
Courtesy of Meyer Burger
Solar cell manufacturer halts $400M Colorado plant
Meyer Burger planned to convert an Intel semiconductor plant in Colorado Springs into a solar cell facility.
By Sebastian Obando • Aug. 28, 2024 -
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US clean energy jobs grew 4.2% in 2023: DOE
The U.S. added clean energy jobs at more than twice the rate of the broader economy, according to the Department of Energy.
By Robert Walton • Aug. 28, 2024 -
Courtesy of LG Energy Solution
Market headwinds force LG Energy Solution, others to pause EV manufacturing projects
Financing woes, soaring material prices and waning demand are causing auto and battery makers to delay projects, even those that have already started.
By Sebastian Obando • Aug. 28, 2024 -
Courtesy of Business Wire
Avangrid, Schneider Electric among first cohort chosen for cleantech initiative
The program will address barriers building owners face when implementing new decarbonization technologies, such as performance uncertainty and integration challenges.
By Nish Amarnath • Aug. 27, 2024 -
Courtesy of Business Wire.
Natron Energy to build $1.4B sodium-ion battery plant in North Carolina
The plant is expected to produce 14 GW of sodium-ion batteries at full capacity, increasing Natron’s production by more than 40 times its current capacity.
By Sara Samora • Aug. 27, 2024 -
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Arch Resources, Consol Energy to form $5B coal company
The merged coal producer will focus the majority of its volume on export markets, where coal remains a more dominant energy source.
By Kate Magill • Aug. 26, 2024 -
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Meta to procure 374 MW of clean energy from RWE solar farms
The tech conglomerate has signed two power purchase agreements with the German energy company to build on its sustainability goals.
By Zoya Mirza • Aug. 16, 2024 -
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Oklo’s microreactor project pipeline jumps 93% ahead of 2027 planned deployment
Data centers account for 600 MW of Oklo’s roughly 1,350 MW in business currently under negotiation with customers, CEO Jacob DeWitte said on the company’s Q2 2024 earnings call.
By Brian Martucci • Aug. 15, 2024
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