Corporate News: Page 99
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Rocky Mountain Power unveils clean energy proposal, but skeptics remain
The Salt Lake City-based utility wants to offer a new, lower tariff for expanding businesses and split residential bills into use and access charges in a plan aimed at cutting emissions.
By Robert Walton • Oct. 29, 2015 -
Good news for Exelon: DC regulators vote to evaluate Pepco merger settlement
The PSC voted Wednesday to consider a settlement Exelon reached with the DC mayor after it rejected an initial merger proposal in August.
By Gavin Bade • Oct. 28, 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 -
Duke CEO: Piedmont deal heralds new focus on natural gas industry
In the future, gas infrastructure investments will be a growing focus for Duke Energy, according to CEO Lynn Good.
By Robert Walton • Oct. 28, 2015 -
Plans to expand Texas nuke plant by 2 units pass NRC safety tests
Nuclear regulators have completed a Final Safety Evaluation Report examining a Texas nuclear expansion, concluding the developer is technically and financially capable of moving ahead with the South Texas Project in Bay City.
By Robert Walton • Oct. 28, 2015 -
Deep Dive
From theory to practice: The challenges in moving to ‘Utility 2.0’
Executives from four major utilities spoke at ESNA 2015 about the trials and tribulations of putting more new technology on their grids.
By Herman K. Trabish • Oct. 27, 2015 -
Xcel CEO: Wind is a better long-term buy than natural gas
Wind’s 20-year PPA price of $25/MWh compares favorably with the economics of gas generation, CEO Ben Fowke said.
By Herman K. Trabish • Oct. 27, 2015 -
Florida Power & Light tapped as nation’s most reliable utility
PA Consulting Group called the Florida utility “an incredibly focused organization that is embracing technology and innovation.”
By Robert Walton • Oct. 27, 2015 -
Exelon threatens to walk from Pepco deal if DC doesn’t move quickly
It’s been 18 months since Exelon proposed purchasing Pepco Holdings, and now the company is warning regulators in the District of Columbia that it will walk away within five months if they don’t reach a final decision.
By Robert Walton • Oct. 27, 2015 -
SCE reaches $400M settlement with nuclear insurer on San Onofre closure
The settlement stems from a radioactive leak on Mitsubishi equipment that led to the closure of the nuclear plant.
By Herman K. Trabish • Oct. 26, 2015 -
Duke Energy to buy Piedmont Natural Gas for $4.9B
Duke will pay a 42% premium on Piedmont’s stock price for a deal that would add about 1 million new gas customers for the utility giant.
By Gavin Bade • Oct. 26, 2015 -
Wind industry installed over 1,600 MW of capacity in Q3 2015
As the industry notches its second-best third quarter ever, last year’s federal tax credit extension continues to buoy installers.
By Herman K. Trabish • Oct. 23, 2015 -
Virginia regulators order Dominion to open solar build to competitive bids
Dominion wants to build the first utility-scale solar in Virginia itself, but critics and regulators are concerned about the price.
By Herman K. Trabish • Oct. 23, 2015 -
Deep Dive
What comes after net metering: Hawaii’s latest postcard from the future
Hawaii regulators offered two new remuneration schemes for rooftop solar in a landmark decision last week, along with new guidance on time of use rates.
By Herman K. Trabish • Oct. 22, 2015 -
Electrical workers union is first intervenor to back NextEra-HECO merger
A local union of electrical workers had favored the deal, then opposed it due to a lack of support from NextEra, but now is back on board after assurances from the company.
By Robert Walton • Oct. 22, 2015 -
Stem, HECO partner on 1 MW battery storage pilot in Hawaii
Installations will be aimed at cutting commercial-industrial scale customers’ peak demand charges and providing grid support services.
By Herman K. Trabish • Oct. 21, 2015 -
NextEra-HECO filing reveals merger origin, compensation details
Hawaiian Electric Industries CEO Connie Lau defended her $11.6 million compensation package to utility regulators, which is contingent on the sale to NextEra Energy being completed.
By Robert Walton • Oct. 20, 2015 -
Deep Dive
How digital power plant tech can help utilities get the most from their assets
GE says its new plant technology can yield up to $230M in annual benefits for a gas plant and $100M for a wind farm.
By Herman K. Trabish • Oct. 19, 2015 -
Deep Dive
Will Exelon’s merger settlement push the Pepco deal past its final hurdle?
Energy stakeholders in DC disagree on whether Exelon has sufficiently addressed regulators’ merger concerns, but in the end its political clout may see its proposal over the finish line anyway.
By Gavin Bade • Oct. 15, 2015 -
Study: Integrating PacifiCorp and CAISO grids could create up to $9.1B in savings
Benefits of combining the electrical grids operated by CAISO and PacifiCorp can help Western states meet environmental goals and save $12.5 billion for customers on both grid systems over 20 years, according to a study.
By Herman K. Trabish • Oct. 13, 2015 -
Clean Energy Collective debuts program to enable IOUs to rate base community solar
A Clean Energy Collective program allows investor-owned utilities to earn a guaranteed return on community shared solar and fulfill customer demand without subsidizing costs for non-solar users.
By Herman K. Trabish • Oct. 13, 2015 -
Green Charge Networks to bring aggregated energy storage into CAISO market
The move will help the state meet its new 50%-by-2030 renewables mandate.
By Herman K. Trabish • Oct. 13, 2015 -
NextEra refuses to back down as intervenors reject new HEI merger commitments
NextEra announced a slate of new merger promises in August, but none of the intervenors have said they are a compelling reason to support its purchase of Hawaiian Electric.
By Herman K. Trabish • Oct. 12, 2015 -
Arizona Public Service claims $67 monthly solar cost shift in new regulatory filing
Arizona Public Service Co. submitted a cost-of-service study ahead of its next rate case, detailing for the first time how much it thinks non-solar customers subsidize those with rooftop arrays.
By Herman K. Trabish • Oct. 12, 2015 -
Talen Energy announces sale of three power plants for $1.5B
The deal is the latest in an ongoing trend of Canadian companies buying up U.S. power assets, with over $11 billion spent on such acquisitions this year.
By Davide Savenije • Oct. 9, 2015 -
Developers propose competing $1.6B, 400 MW offshore wind projects in Hawaii
Hawaii’s strong ocean winds make offshore wind an economic choice, as a wind project developer say they can deliver power at a lower cost than the average Oahu electrical price.
By Herman K. Trabish • Oct. 7, 2015