Corporate News: Page 97
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Duke Energy restyles retired Ohio coal plant into battery storage facility
Duke Energy has added 2 MW more to its energy storage system at its retired Beckjord coal plant in Ohio.
By Peter Maloney • Nov. 20, 2015 -
Major solar installer advocates expiration of solar investment tax credit
The extension of the 30% federal tax credit is not needed for the continued health of the industry, Sunnova’s CEO wrote to congressional leaders this week.
By Herman K. Trabish • Nov. 20, 2015 -
Explore the Trendline➔
Kevork Djansezian via Getty ImagesTrendlineSustainability
Companies are pursuing increasingly ambitous sustainability goals around clean energy, but integrating rising amounts of renewables, minimizing environmental impacts, and achieving carbon reduction targets can be challenging.
By Utility Dive staff -
NY Gov. Cuomo pushes closure of Entergy Indian Point nuke in NRC filings
National security risks, deterioration of the facility and the plant’s close proximity to New York City were all put forward as reasons to close Indian Point, even as Cuomo fights to keep another Entergy nuclear facility from closing.
By Robert Walton • Nov. 20, 2015 -
Wisconsin utility rolls out plan for 30% renewables by 2030
The Wisconsin-based Madison Gas and Electric Co. plans to supply 30% of its retail power sales with renewable energy by 2030.
By Robert Walton • Nov. 20, 2015 -
Honolulu mayor argues against public utility as alternative for NextEra-HECO merger
The city lacks the experience and the deep pockets neeed to replace Hawaiian Electric, Mayor Caldwell’s office told city lawmakers.
By Herman K. Trabish • Nov. 20, 2015 -
NextEra makes new bid for Oncor, complicating EFH bankruptcy saga
NextEra says its plan to buy Oncor has a better chance of passing muster with regulators than the one proposed by Hunt Consolidated.
By Gavin Bade • Nov. 19, 2015 -
Wisconsin Public Service proposes 32% monthly fixed charge increase
The utility won an 82% fixed charge increase last year, but says that is no longer adequate.
By Herman K. Trabish • Nov. 19, 2015 -
Hawaiian Electric wants to finalize LNG import deal by Q1 2016
Quarterly filings reveal the utility’s plan to begin importing liquefied natural gas, despite opposition from the governor.
By Herman K. Trabish • Nov. 18, 2015 -
MidAmerican to test concrete wind turbine tower claimed to be nation’s tallest
Concrete towers can allow turbines to reach higher, accessing stronger winds and making wind viable in new regions.
By Herman K. Trabish • Nov. 18, 2015 -
Despite record low solar prices, study says Austin Energy should build a new gas plant
A Navigant study assessing Austin Energy’s need for new generation found a $500 million gas-fired facility makes the most economic sense even as the city forges ahead with 55% renewables goal.
By Robert Walton • Nov. 18, 2015 -
WGL plots $200M, 150 MW distributed solar investment in 2016
“The future of energy requires the integration of renewable resources,” said WGL Energy President Sanjiv Maha.
By Robert Walton • Nov. 18, 2015 -
AES deploys new 10 MW battery it touts as Maryland’s largest
The battery storage installation will offer flexible storage for ancillary and other grid services in the PJM market.
By Herman K. Trabish • Nov. 17, 2015 -
Sierra Club’s Ameren shareholder resolution seeks 30% renewables by 2030
The environmental advocacy group had shares donated to it from a deceased member, and is using them to attempt to push the utility toward cleaner generation.
By Herman K. Trabish • Nov. 17, 2015 -
Rocky Mtn Power will compare cost to serve solar customers before fixed charge decision
Utah regulators want more information on the costs and benefits of distributed generation before a decision on fixed charges.
By Herman K. Trabish • Nov. 16, 2015 -
Comcast launches energy offerings in 4th state, with more to come
The company, in partnership with Crius Energy, is on track with plans to enter the Texas market next month.
By Robert Walton • Nov. 16, 2015 -
Dong Energy proposes world’s largest offshore wind farm off Massachusetts coast
The project proposed by the Danish developer may have a capacity as large as 1,000 MW, which would make it the largest offshore wind farm in the world.
By Herman K. Trabish • Nov. 13, 2015 -
Exelon-Pepco merger critics seek investigation of DC Mayor over settlement deal
In a scandal critics are calling “Soccergate,” merger opponents question the timing of a deal to support the construction of a new stadium for the soccer team D.C. United, saying it could be connected to the Exelon-Pepco merger.
By Gavin Bade • Nov. 12, 2015 -
Stressed by falling gas and power prices, unregulated utilities get negative outlook from Moody’s
The outlook for regulated utilities is stable, while unregulated power companies with coal and nuclear plants are facing significant challenges.
By Robert Walton • Nov. 12, 2015 -
Hawaii distributed energy and smart grid companies form new trade group
“It is not just about solar anymore,” says the a founding member of the Distributed Energy Resources Council of Hawaii.
By Herman K. Trabish • Nov. 12, 2015 -
Deep Dive
TPO showdown: Duke faces off against greens over NC church’s solar array
NC WARN is testing the limits of North Carolina third party ownership law and Duke wants to put a stop to it.
By Herman K. Trabish • Nov. 12, 2015 -
Moody’s cuts Mississippi Power credit rating to near-junk status
The move comes after new members were elected to the Mississippi PSC, sparking concerns they will be less friendly to the utility in rate recovery proceedings for the Kemper coal facility.
By Robert Walton • Nov. 12, 2015 -
Boulder may build distribution assets to push through municipalization
After Colorado regulators tossed out a part of Boulder’s plan to take over Xcel Energy’s distribution system, the city is mulling options and potentially facing higher costs in its bid to form a municipal utility.
By Robert Walton • Nov. 11, 2015 -
Court rejects Dominion’s move to block Sierra Club coal ash lawsuit
The Sierra Club lawsuit can proceed, the federal judge ruled, rejecting Dominion Virginia Power’s claims that Sierra Club’s arguments are illegitimate over potential coal ash water contamination from a Dominion power plant.
By Herman K. Trabish • Nov. 11, 2015 -
Feds grant two offshore wind leases off New Jersey coast
Wind developers U.S. Wind Inc. and RES Americas Development won the auction to develop nearly 344,000 water acres.
By Herman K. Trabish • Nov. 11, 2015 -
Stagnant load growth fueling US utility merger mania
New data expected to be reported by accounting firm EY will show utility deals in North and Sourth America reached $57 billion in the third quarter – a new 5-year high for the period, largely driven by two megamergers in the electric sector.
By Robert Walton • Nov. 10, 2015