Corporate News: Page
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FERC staff: Eversource, Avangrid did not withhold pipeline capacity
An October report from the Environmental Defense Fund asserted the two utilities had artificially constrained capacity on the Algonquin pipeline, driving up power prices in New England.
By Gavin Bade • Feb. 28, 2018 -
Report: Dominion rate review bill could land on Virginia governer's desk next week
The Senate version of a bill to overhaul utilities' rate review has been approved by the House of Delegates, and the House bill was advanced by a Senate committee this week. Each chamber will also need to approve the other's amendments.
By Robert Walton • Feb. 27, 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 -
Sponsored by innogy consulting
Make, buy, or partner: New business model innovation for U.S. utilities
Discover three new business model innovation paths that can help your utility optimize opportunities.
Feb. 27, 2018 -
South Carolina cooperatives sue Santee Cooper over Summer nuke charge
NextEra is said to be considering a bid for the public utility, and it's unclear how the lawsuit would affect that potential merger.
By Robert Walton • Feb. 27, 2018 -
Michigan, Louisiana press utilities to return tax savings to customers
The federal corporate tax rate dropped to 21% in January, but some utilities are still billing customers as though the rate is 35%.
By Robert Walton • Feb. 23, 2018 -
Public Citizen says PJM violated FPA with political contributions
PJM says the nearly $500,000 it gave to the governors associations of both political parties was merely for membership fees. The liberal watchdog says that still violates the Federal Power Act.
By Gavin Bade • Feb. 21, 2018 -
LaFleur warns against PJM plan altering 'fundamental' energy market mechanics
The federal regulator said her agency should "think very hard" before it alters which resources can set market prices during an address that also touched on grid resilience and the growth of Western energy markets.
By Gavin Bade • Feb. 21, 2018 -
UPDATED: General Electric creates new unit for energy storage business
The unit will focus on commercial and industrial customers.
By Peter Maloney • Feb. 20, 2018 -
Reports: NextEra nearing bid for troubled Santee Cooper
The Florida-based utility could pay up to nearly $15.9 billion for the public utility, but exact pricing remains unclear.
By Gavin Bade • Feb. 20, 2018 -
Southern Alliance for Clean Energy calls on TVA chief to step down over 'extravagant' spending
The groups say the Tennessee Valley Authority has spent $40 million on luxury aircraft. The public power agency is also dealing with fallout from the president's proposed budget.
By Robert Walton • Feb. 13, 2018 -
APS to install 50 MW, 135 MWh solar-shifting battery
The contract with developer First Solar will allow APS to use the battery to deliver solar power when electricity use is at its peak, 3-8 p.m. each day.
By Gavin Bade • Feb. 12, 2018 -
Possible sale of Santee Cooper attracts multiple proposals amid Summer nuke fallout
Possible bidders for some or all of the state-owned utility include NextEra Energy, Duke Energy, Southern Co. and Dominion Energy. A group of state cooperatives are also pondering a bid.
By Robert Walton • Feb. 9, 2018 -
SCE&G, Dominion lobby regulators to approve merger amid push to halt Summer cost recovery
If lawmakers halt SCE&G from billing customers for the failed VC Summer nuclear development, it could scuttle the merger with Dominion.
By Robert Walton • Feb. 9, 2018 -
Energy tax credits in final budget deal
Despite previous opposition in the House, tax credits for nuclear energy, carbon capture and a variety of gas and renewable technologies are in the bill approved early Friday.
By Gavin Bade • Feb. 8, 2018 -
Federal board demands 5-year financial plan for PREPA amid privatization push
The utility must find ways to cut costs so that PREPA can deliver power "at more affordable rates," the board said in a letter to Gov. Ricardo Rosselló.
By Robert Walton • Feb. 8, 2018 -
Court filings stave off Sabal Trail pipeline shutdown, for now
The D.C. Circuit was set to put the pipeline on hold this week, but last-minute filings from FERC and pipeline owners appear to have bought the project some time.
By Gavin Bade • Feb. 8, 2018 -
Virginia Gov. Northam lends support to Dominion rate reform bill
The state Attorney General and consumer advocates oppose the bill, saying it would allow Dominion to charge customers twice for renewable energy projects.
By Gavin Bade • Feb. 7, 2018 -
AEP carbon reduction plan calls for more than 8 GW of renewables
The utility intends to reduce carbon dioxide emissions from its power plants 80% below 2000 levels by 2050.
By Robert Walton • Feb. 7, 2018 -
NRG sells renewable energy business, Southern plants in reorganization move
The company says the sale will bring in $2.9 billion in cash and more is to come as it continues to remake itself.
By Gavin Bade • Feb. 7, 2018 -
FERC issues final Sabal Trail EIS, potentially avoiding hold on project
The commission could allow construction to restart with a separate order, but has yet to issue it.
By Gavin Bade • Feb. 6, 2018 -
NextEra sues NEI after refusing to renew trade group membership
NextEra Energy and Entergy both moved to exit the nuclear trade group last month after NEI advocated for approval of a DOE coal and nuclear subsidy proposal.
By Robert Walton , Gavin Bade • Feb. 5, 2018 -
Sempra secures support of all stakeholder parties to Oncor transaction
The energy company says the settlement agreement includes ratepayer protections left out of previous failed bids to purchase the Texas utility.
By Gavin Bade • Feb. 2, 2018 -
DC Circuit ruling could halt Sabal Trail pipeline construction
In a rebuke to FERC's pipeline approval process, judges declined to review an August ruling that the agency did not properly assess carbon impacts of the pipeline.
By Gavin Bade • Feb. 1, 2018 -
Virginia lawmakers struggle with Dominion rate freeze bill
A piece of legislation backed by Dominion Energy came under fire for again insulating the utility from a review of its rates.
By Robert Walton • Jan. 31, 2018 -
NextEra mulls sale of Canadian assets in aftermath of tax code overhaul
Spurred by the United States' recent tax code overhaul, the company says it could "recycle" the returns from selling Canadian assets, including solar and wind facilities, into domestic projects.
By Robert Walton • Jan. 26, 2018