Corporate News: Page 84
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Deep Dive
So close, so far: Can Maine put its near-agreement on solar net metering back together again?
Supporters of a compromise incentive failed to override Gov. LePage's veto, plunging the state back into a net metering debate and grinding the state's solar sector to a halt.
By Herman K. Trabish • Aug. 19, 2016 -
Westar, Great Plains merger sees growing list of intervenors
About 20 parties have intervened in the case before the Kansas Corporation Commission, and regulators from Missouri are expected to lodge a complaint.
By Robert Walton • Aug. 18, 2016 -
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 -
DC government, activists join appeal of Exelon-Pepco merger
The Washington city government, Public Citizen and Solar United Neighborhoods are among those who want the courts to block the merger, which regulators approved in March.
By Robert Walton • Aug. 17, 2016 -
Colorado solar compromise avoids new grid fees, pushes TOU rate pilots
Xcel Energy had sought to increase grid access charges and decrease payments to rooftop solar owners in its general rate case.
By Gavin Bade • Aug. 16, 2016 -
Deep Dive
After Hawaiian flub, NextEra's $18.4B bid for Oncor appears on steadier ground
After Hunt Consolidated tried to upend Oncor's business model, a more conventional merger proposal from a company with a presence in Texas and a strong balance sheet could be just what regulators want.
By Robert Walton • Aug. 16, 2016 -
DC consumer advocate files to appeal Exelon-Pepco merger
The Office of People's Counsel in Washington claims regulators did not follow the appropriate process in approving Exelon's takeover of Pepco this June.
By Gavin Bade • Aug. 15, 2016 -
PG&E San Bruno case penalty a 'slap on the wrist,' critics say
A jury found Pacific Gas & Electric guilty of six criminal counts related to the 2010 fatal San Bruno explosion. Experts say the maximum penalty is probably less than the prosecution spent trying the case.
By Robert Walton • Aug. 14, 2016 -
Stem secures $100M in financing to fuel battery deployment
Borrowing from the financing models that helped propel solar growth, some storage companies are using financial engineering to offer customers no-cost-down financing options for battery installations.
By Peter Maloney • Aug. 12, 2016 -
Exelon to fund $25B in utility investments with revenue from generation subsidiary
The nation's largest utility holding company this week unveiled a growth plan focused on substantial investments in its six regulated electric and gas utilities.
By Robert Walton • Aug. 12, 2016 -
SolarCity trims solar installation expectations in wake of Tesla merger bid
An expected slowdown in installations is partially due to a focus on profitability over growth after Tesla offered to buy the installer.
By Peter Maloney • Aug. 11, 2016 -
NRG bids to acquire 2.1 of GW of renewable projects from bankrupt SunEdison
The carve-up of what was once the world's largest renewable energy developer has begun.
By Gavin Bade • Aug. 10, 2016 -
Deep Dive
If you build it, will they charge? Utilities cautious in plans to spur electric vehicle adoption
Utilities are well positioned to expand EV infrastructure, but many are waiting for an uptick in adoption or a push from regulators.
By Herman K. Trabish • Aug. 10, 2016 -
Energy Future Holdings secures $4.25B in financing
The funding is expected to help EFH through bankruptcy proceedings as it attempts to sell distribution utility Oncor.
By Peter Maloney • Aug. 9, 2016 -
Mosaic Energy raises $220 million for solar loans
The loan financing could be another sign the industry is shifting away from the solar leasing model that brought it growth over the past decade.
By Peter Maloney • Aug. 9, 2016 -
Deep Dive
A lot of dam potential: Renewables growth could drive massive hydro buildout
With pumped storage, hydropower can grow 50% by 2050 — if developers can get over the hurdles.
By Herman K. Trabish • Aug. 9, 2016 -
New Mexico PRC staff recommends cutting PNM's proposed rate increase
The hearing examiner recommended a 9.575% return on equity, almost a full percentage point below the utility's request. The change could shave a dime off the holding company's earnings.
By Robert Walton • Aug. 9, 2016 -
ConEd awards 22 MW of demand response contracts in Brooklyn-Queens project
Battery provider Stem was among 10 auction winners, and expects to install as much as 850 kW of batteries in New York by 2018.
By Gavin Bade • Aug. 8, 2016 -
PJM suspends Artificial Island transmission project
The PJM Board directed the grid operator to do a comprehensive analysis of the project, which had come under scrutiny due to escalating costs.
By Krysti Shallenberger • Aug. 8, 2016 -
Xcel Energy proposes $562M grid management system, smart meter upgrade
The new smart meters and support software would improve reliability, provide better renewables integration and help customers control their usage, Xcel said.
By Peter Maloney • Aug. 5, 2016 -
NextEra to sell $1.5B in equity units to help fund Oncor acquisition
NextEra plans to sell shares for $127.63 to $159.54, representing up to a 25% premium on its closing price Aug. 2.
By Peter Maloney • Aug. 4, 2016 -
Justice Department to review Westar, Great Plains merger
The disclosure comes on the heels of Missouri regulators saying they want to weigh in as well.
By Robert Walton • Aug. 4, 2016 -
Alliant pursues wind energy plans in Wisconsin after major Iowa wind investment
Last week the company announced a $1 billion expansion of an Iowa wind far. In its earnings this week, Alliant executives they are planning a similar expansion in Wisconsin.
By Robert Walton • Aug. 4, 2016 -
Schneider Electric starts network to help corporate renewables goals
Schneider Electric's new service aims to help corporations meet their sustainability goals, following the formation of the Renewable Energy Buyers Alliance.
By Peter Maloney • Aug. 3, 2016 -
Deep Dive
Filling the void: How utilities can embrace diversity in an evolving workforce
Experts say targeting the next generation may be the key to business success or failure.
By Shalina Chatlani • Aug. 2, 2016 -
El Paso Electric becomes first Texas utility to generate power without coal
Without coal, the utility derives about 66% of its power from natural gas, 30% from the Palo Verde nuclear plant, and about 4% from solar.
By Peter Maloney • Aug. 2, 2016