Corporate News: Page
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AEP to invest $1.8B in renewable energy
The utility also plans to invest $18 billion in T&D and boasts a 3,570 MW pipeline of wind and solar projects over the next seven years.
By Peter Maloney • Nov. 7, 2017 -
Despite earnings tumble, Tesla deploys 110 MWh of storage in Q3
The company said it is on track to deliver its 100 MW, 129 MWh energy storage project in South Australia, which it promised to build in 100 days.
By Peter Maloney • Nov. 3, 2017 -
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 -
Southern looks to monetize Toshiba deal, sell solar assets to fund Vogtle
The company also sold two of its gas utilities recently, all to raise cash and address increased debt levels.
By Robert Walton • Nov. 3, 2017 -
FirstEnergy won't wait to see if DOE market proposal can turn around its merchant fortunes
Despite the possibility of financial support to keep coal and nuclear plants online, CEO Charles Jones says the company remains committed to selling its merchant generation.
By Robert Walton • Oct. 31, 2017 -
Sponsored by Essense Partners
The top electric utility brands of 2017
This ranking of the best investor-owned electric utility brands is the result of a comprehensive investigation of over 200 measures of utility brand strength.
Oct. 31, 2017 -
Deep Dive
Utilities focus on plausibility, prevention in preparing for worst-case scenarios
From natural disasters to cyberattacks, utilities face many threats — the key, according to one Southern California Edison official, is to focus on the most likely events.
By Robert Walton • Oct. 31, 2017 -
PREPA to cancel Whitefish power restoration contract after widespread criticism
Controversy over the public utility's contracting process comes as critics in Puerto Rico and Washington push for far-reaching reforms, including potential privatization.
By Gavin Bade • Oct. 30, 2017 -
Vistra Energy to acquire Dynegy in $1.7B all-stock deal
The merger would combine more than 40 GW of generation capacity, creating one of the largest independent power producers in the country.
By Robert Walton • Oct. 30, 2017 -
Pharmaceutical company McKesson inks deal for NRG solar project
NRG will build the 3 MW solar facility at McKesson’s New Jersey-based distribution center, which is slated to come online in 2018.
By Peter Maloney • Oct. 30, 2017 -
Oklahoma Corporation Commission website remains down following cyberattack
While the utility sector has been upping its security measures surrounding power plants, last week's attack targeted regulators' information technology systems.
By Robert Walton • Oct. 30, 2017 -
PREPA, Gov. Rosselló reject appointment of 'chief transformation officer' for grid rebuild
The federal control board that oversees Puerto Rico's finances wants to appoint a retired Air Force Colonel with “all the powers of a chief executive officer” to direct grid rebuilding efforts.
By Gavin Bade • Oct. 27, 2017 -
FEMA will probe Whitefish-PREPA contract, citing 'significant concerns'
FEMA issued a statement Friday saying it was not involved in selecting Whitefish, but will work with PREPA's legal team to review the contracting process.
By Robert Walton • Oct. 27, 2017 -
GE enters deal to make NYPA 'first fully digital utility'
The agreement aims to digitize New York Power Authority's entire system to boost reliability and decrease its carbon footprint.
By Peter Maloney • Oct. 27, 2017 -
Whitefish-PREPA contract aimed to avoid government oversight
"In no event," the leaked contract reads, will government agencies "have the right to audit or review the cost and profit elements" of Whitefish's work.
By Robert Walton • Oct. 27, 2017 -
Vistra close to purchasing Dynegy, WSJ reports
The Journal first reported in May that the two companies were in talks to combine, and the paper warns discussions could still fall apart before a deal is reached.
By Gavin Bade • Oct. 26, 2017 -
Storage, smart grid and energy efficiency companies see jump in VC funding: Mercom Capital
The technologies are on track to beat the $1.3 billion secured in 2016 after a 35% year-over-year increase in funds raised through the first nine months of 2017.
By Peter Maloney • Oct. 25, 2017 -
SEC investigating SCANA over abandoned Summer nuke expansion
Multiple shareholder lawsuits argue SCANA executives misled investors about progress at the now-cancelled nuclear plant, and now the SEC is involved.
By Gavin Bade • Oct. 17, 2017 -
Deep Dive
California solar pilot shows how renewables can provide grid services
A utility-scale solar pilot project demonstrated how solar can compete with natural gas over grid services and cost.
By Herman K. Trabish • Oct. 16, 2017 -
FERC, Barclays near settlement over $435M fine for US market manipulation
Federal regulators in 2013 ordered Barclays to pay a $435 million fine and disgorge almost $35 million in profits for manipulating electricity prices in California between 2006 and 2008.
By Robert Walton • Oct. 16, 2017 -
Luminant to close 2 more Texas coal plants despite Trump support
The utility has announced plans to close three coal plants, despite the Trump administration's moves to bolster the resource and repeal the Clean Power Plan.
By Krysti Shallenberger • Oct. 13, 2017 -
North Korea likely targeted US power companies in spear phishing campaign, firm says
Cybersecurity firm FireEye said it detected and stopped spear phishing emails sent to U.S. electric companies by known cyber actors likely affiliated with the North Korean government.
By Krysti Shallenberger • Oct. 12, 2017 -
Deep Dive
Transmission developers power forward in West as move to single market inches along
New lines are moving ahead and new deals are being closed, despite political pushback against California’s plan for a new regional market.
By Herman K. Trabish • Oct. 12, 2017 -
Opinion
What do millennials want from their energy providers?
Millennials are far more willing than non-millennials to pay for renewable energy resources, but also more willing to change providers, if they can get better value and/or better service, the Smart Energy Consumer Collaborative found.
By Patty Durand • Oct. 12, 2017 -
Updated: First Solar wades into solar trade case fight, supports Suniva, SolarWorld
The thin-film developer would benefit from tariffs, and is a member of the Solar Energy Industries Association, which opposes the remedies.
By Krysti Shallenberger • Oct. 11, 2017 -
Deep Dive
Pruitt's move to repeal CPP sets up prolonged battle over carbon regulations
Critics say it could be years before EPA head Scott Pruitt replaces the Clean Power Plan, effectively halting any efforts to regulate carbon emissions.
By Krysti Shallenberger • Oct. 11, 2017
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