Corporate News: Page 74
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AEP CEO: Ohio re-regulation off, but plant support bills on tap in Q3, Q4
AEP will not seek a complete reintegration of Ohio power markets, CEO Nick Akins said this week, but instead will push for narrower bills to support cost recovery for utility-owned plants.
By Robert Walton • April 28, 2017 -
Southern Cross transmission builders file for approval in Mississippi
The 2,000 MW transmission project would move Texas wind to markets in the southeastern U.S.
By Robert Walton • April 28, 2017 -
Deep Dive
Is rooftop solar just a toy for the wealthy?
A new report finds the income gap for rooftop solar is narrowing, but work remains to spread distributed energy to all.
By Krysti Shallenberger • April 27, 2017 -
Toshiba to split into 4 subsidiaries to protect businesses from Westinghouse fallout
The bankruptcy of nuclear developer Westinghouse threatens to sink the entire Japanese tech giant.
By Peter Maloney • April 27, 2017 -
Deep Dive
Drones-as-a-service: These days, utilities are outsourcing everything
AES spent years developing its own program, but as is often the case with newfangled technologies, found a partnership was the fastest way to scale up value.
By Robert Walton • April 26, 2017 -
Missouri utility partners with Swedish firm for energy storage pilot project
The 1 MWh project will allow the municipal utility to study how batteries can ease the integration of renewables.
By Peter Maloney • April 26, 2017 -
Former FERC chair Jon Wellinghoff no longer at SolarCity
Wellinghoff left his role as chief policy officer at the solar company last week, according to media reports.
By Krysti Shallenberger • April 25, 2017 -
Deep Dive
Hydrostor comes ashore to turn old coal plants into compressed-air storage
The company's CEO says CAES can reduce the footprint of older coal plants, offering alternatives to new transmission lines and peaker plants.
By Peter Maloney • April 25, 2017 -
NextEra will ask Texas regulators to reconsider rejection of Oncor acquisition
Company officials also said baseload plant retirements and cost declines mean "the market potential for new renewables is larger than it has ever been."
By Robert Walton • April 25, 2017 -
Mercedes-Benz begins selling residential storage systems in the UK
Each installation can combine up to eight battery modules to create a system with a total capacity of up to 20 kWh.
By Peter Maloney • April 25, 2017 -
LG Chem launches a suite of batteries for US residential storage market
The company will offer a low-voltage and high-voltage version, the latter compatible with SolarEdge inverters to integrate with rooftop solar.
By Peter Maloney • April 25, 2017 -
Opinion
Why US utilities should invest in innovation
To keep up with customer demand, utilities should get hands on with supporting clean energy startups.
By Marilyn Waite • April 24, 2017 -
Report: New York Gov. Cuomo taps NYSERDA CEO John Rhodes to chair PSC
Rhodes will take the spot vacated by former PSC Chair Audrey Zibleman, who left for one of Australia's grid operators.
By Krysti Shallenberger • April 24, 2017 -
As funding slows, DOE touts 38 awards for small business research collaboration
Funding for cutting-edge energy projects has slowed since the Obama administration, but DOE still used Earth Day to highlight new collaborations at the national labs.
By Robert Walton • April 24, 2017 -
Kansas regulators reject $12.2B Westar-Great Plains merger
The Kansas Corporation Commission said the neighboring utilities would not accept "any significant safeguards that would protect consumers," leading to the unanimous rejection.
By Gavin Bade • April 21, 2017 -
Westinghouse could run out of cash in bankruptcy, utilities tell court
If the nuclear developer cannot pay its bills, it may be unable to complete construction of the Vogtle and Summer plants, already years behind schedule.
By Robert Walton • April 21, 2017 -
TransCanada closes $1B sale of hydro assets
The sale included more than a dozen hydroelectric facilities in New England.
By Robert Walton • April 21, 2017 -
AMS signs deal with realty firm for 11 MWh of storage to create hybrid buildings
The systems from Advanced Microgrid Solutions are designed to automatically shift the buildings to battery power based on prices and demand response signals from Southern California Edison.
By Peter Maloney • April 20, 2017 -
Deep Dive
Power & Gas Index: Texas, California gas plants under pressure; Nor'easter spikes prices
Gas generation is in the spotlight for power market operators across the nation — but for very different reasons.
By Robert Walton • April 20, 2017 -
Report: NextEra not giving up its $18B bid for Oncor
Media reports indicate NextEra Energy is pursuing a settlement that would allow them to buy Oncor Electric Delivery after Texas regulators rejected its bid last week.
By Robert Walton • April 18, 2017 -
Deep Dive
Bruised by dual denials, what's next for Oncor and NextEra?
Both companies have seen two merger proposals denied in as many years, but analysts say their Texas two-step may not be over yet.
By Robert Walton • April 17, 2017 -
Texas regulators reject $18B NextEra-Oncor deal
The Public Utilities Commission of Texas indicated it was concerned about increased risk for ratepayers and the independence of the Oncor board under the acquisition proposal.
By Robert Walton • April 13, 2017 -
SoCal Edison in talks to resolve lawsuit challenging San Onofre fuel storage plan
A plan to expand interim dry cask storage at the San Onofre nuclear plant has been tied up in court for two years.
By Robert Walton • April 13, 2017 -
Wal-Mart taps AMS to install 40 MWh of energy storage at California stores
Advanced Microgrid Solutions will put batteries at 27 of the retail giant's locations, helping reduce peak demand and providing grid services to Southern California Edison.
By Peter Maloney • April 13, 2017 -
Coal giant Peabody searches for owner to save Navajo plant in Arizona
The Navajo plant is the sole customer of Peabody's Kayenta mine, which will close along with the generating station in 2019 if a new owner does not step in.
By Robert Walton • April 13, 2017