Corporate News: Page 95
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Oncor CEO, former Texas Gov. express concerns over Hunt plan to restructure utility
As regulators consider the proposed acquisition of Oncor Electric Delivery by Hunt Consolidated for an estimated $18 billion, lobbying is still going on in the pages of The Dallas Morning News.
By Robert Walton • Jan. 13, 2016 -
Dominion Virginia Power commits $700M to solar in long-term resource plan
Virginia regulators use regulatory process to push the utility toward a bigger resource mix.
By Herman K. Trabish • Jan. 13, 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 -
Hawaii PUC Chair warns NextEra against sideline maneuvers with HEI merger opponents
Hawaii's lead regulator says NextEra's most recent filing in the case came too close to an evidentiary hearing for other stakeholders to review it.
By Herman K. Trabish • Jan. 12, 2016 -
Vermont regulators approve new line to bring Canadian renewables to New England
The New England Clean Power Link will carry 1,000 MW of capacity under Lake Champlain.
By Herman K. Trabish • Jan. 11, 2016 -
Deep Dive
Bigger than batteries: Why the cost of other components matters to storage deployment
As deployment accelerates, the plummeting cost of balance of system components will help make storage a better deal for utilities and third parties nationwide.
By Herman K. Trabish • Jan. 11, 2016 -
Sunrun exits Nevada after net metering decision
Sunrun Inc. has followed two other major solar developers in ceasing operations in Nevada after what they preceived are unfriendly solar policies.
By Krysti Shallenberger • Jan. 7, 2016 -
Cleco boosts customer perks again in Louisiana merger bid
Cleco Corp. and Macquarie Infrastructure and Real Assets have almost doubled customer bill credits in an effort to get approval for their plan to take the power company private.
By Robert Walton • Jan. 7, 2016 -
Nevada regulators will consider delaying new net metering rates, monthly charges
The state's consumer advocate argues the ruling could violate the U.S. constitution’s contracts clause.
By Herman K. Trabish • Jan. 6, 2016 -
Illinois landowners push regulators to rethink $2B Grain Belt Express transmission line
The permit allows Grain Belt Express line connecting Kansas wind to the East to use eminent domain.
By Herman K. Trabish • Jan. 5, 2016 -
Midwestern utilities Xcel and Westar make big wind buys
Upper Midwest wind is now “competitive with new natural gas," an Xcel executive said.
By Herman K. Trabish • Jan. 5, 2016 -
Deep Dive
DERs in 2016: What experts expect for a booming sector
With the market for distributed energy resources set to blossom thanks to the extensions of vital tax credits, solar especially is primed to grow, experts predict.
By Herman K. Trabish • Jan. 4, 2016 -
Survey: Over half of solar installers do not offer TPO financing or PPAs
Solar installers across the country are facing stiff competition for customers, and many are selling systems for cash or unsecured loans, a new survey finds.
By Herman K. Trabish • Jan. 4, 2016 -
Puerto Rico electric utility reaches debt restructuring deal with creditors
Puerto Rico's public utility finalized a deal to restructure its debt, cutting obligations by more than $600 million.
By Gavin Bade • Dec. 28, 2015 -
Duke's $4.9B acquisition of Piedmont clears federal regulatory hurdle
The Federal Trade Commission found no issues with Duke Energy's proposed acquisition of Piedmont Natural Gas, but the deal must still clear regulators in North Carolina.
By Robert Walton • Dec. 23, 2015 -
DTE Energy's new solar contracts will triple Michigan solar
Solar developer Inovateus Solar and state’s biggest electricity provider join for two utility scale installations totalling 45 MW.
By Herman K. Trabish • Dec. 23, 2015 -
Deep Dive
Editor's Picks: The biggest Utility Dive stories of 2015
2015 was a time of change like no other in the electric power sector. Here's a recap of the year as told by some of our most important stories.
By Gavin Bade • Dec. 22, 2015 -
Puerto Rico's utility reaches tentative agreement to restructure $8.2B debt
Bloomberg Business reports that Puerto Rico Electric Power Authority has reached an agreement with a pair of insurance companies that will allow it to restructure some $8.2 billion in debt.
By Robert Walton • Dec. 21, 2015 -
Iberdrola-UIL Holdings finalize merger, creating a new 'American energy giant'
The combined company will operate under the name Avangrid, and has begun trading on the New York Stock exchange under the symbol AGR.
By Robert Walton • Dec. 21, 2015 -
Mississippi co-op offers threatens to sue regulators unless they lower net metering rate
The South Mississippi Electric Power Association says the Mississippi Public Service Commission can’t set rates for electric co-ops.
By Herman K. Trabish • Dec. 21, 2015 -
Deep Dive
Historic Los Angeles methane leak puts natural gas emissions under scrutiny
A massive natural gas leak in southern California raises questions over the electricity sector's increased utilization of the resource for power generation.
By Herman K. Trabish • Dec. 21, 2015 -
Utility stocks steady as the Federal Reserve raises rates
After a 7-year pause, the Federal Reserve has raised interest rates. But while analysts expected utilities to take a hit, the sector held steady yesterday on Wall St.
By Robert Walton • Dec. 17, 2015 -
Duke unveils first solar projects owned and operated by its regulated utilities
The 75 MW solar acquisition is driven by North Carolina’s 12.5% by 2021 renewables mandate.
By Herman K. Trabish • Dec. 17, 2015 -
AES Energy signs landmark 1 GW battery storage procurement with LG Chem
AES Energy Storage will purchase the lithium-ion batteries from LG Chem to supply them to utilities, developers, and power system operators.
By Robert Walton • Dec. 17, 2015 -
Deep Dive
More than megawatts: New metrics reveal energy storage's potential
GTM Resarch is now counting MWhs and carbon reductions in its storage market updates, illustrating more of what the technology can do.
By Herman K. Trabish • Dec. 15, 2015 -
AEP strikes settlement deal for Ohio plant subsidy proposal
In an abrupt turn of events, American Electric Power has reached a settlement guaranteeing income from of its nine Ohio generating units in exchange for promises to develop more wind and solar at cease coal use at other facilities.
By Robert Walton • Dec. 15, 2015