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Category: Electric Utility


Electric Utility, Public Utilities

S&P: Some utilities have less ‘financial cushion’ to maintain credit quality in recession

April 6, 2020

Via: Utility Dive

Regulated utilities are a popular investment choice at times of high volatility because they sell necessities and receive a rate of return set by regulators, rather than the market. Utilities do, however, frequently need to help fund their operations throughout […]


Electric Utility, Oil & Gas, Public Utilities

Con Edison reaches 170 confirmed COVID-19 cases, 3 deaths, as risks rise for utility workers

April 3, 2020

Via: Utility Dive

Consolidated Edison has 170 employees who have tested positive for COVID-19 — 11 have recovered and returned to work as of Friday morning, and three have died, spokesperson Allan Drury told Utility Dive. These are the first utility worker deaths […]


Electric Utility, Public Utilities

Wisconsin regulators launch investigation into COVID-19 related costs for utilities

March 31, 2020

Via: Utility Dive

Twenty one U.S. utility regulators have mandated electric utilities suspend disconnections during the COVID-19 pandemic, according to the Energy and Policy Institute, which has forced 31 states as of Tuesday morning to issue a shelter-in-place notice that mandates residents stay […]


Electric Utility, Public Utilities

California sets electric sector GHG emissions target 56% below 1990 levels, but leaves room for more

March 27, 2020

Via: Utility Dive

The 46 MMT target reflects a 56% decrease in emissions compared to 1990 levels, and requires significant build-out of new capacity; the state is looking to procure 25,000 MW of additional renewables by 2030, including doubling California’s currently installed utility-scale […]


Electric Utility, Public Utilities

North American Power Markets Will Look Different in the 2020s

March 25, 2020

Via: Greentech Media

The next decade is expected to be another one defined by inexpensive power supply in North American power markets. Competition among renewable power developers will be fierce, and cheap capital will be plentiful. In this context, renewable energy developers, project […]


Electric Utility, Public Utilities

Utilities beginning to see the load impacts of COVID-19 as economic shutdown widens

March 23, 2020

Via: Utility Dive

It has been less than a week since states and major cities began instituting quarantines along with stay-home and shelter-in-place directives to reduce the spread of COVID-19. The full impacts on electricity usage are not yet known, but grid operators […]


Basic Services, Civil Service, Electric Utility, Public Utilities

CPUC’s $2.1B wildfire fine could derail bankruptcy exit financing commitments: PG&E

March 20, 2020

Via: Utility Dive

The CPUC last year opened a proceeding to investigate a series of alleged violations that PG&E committed in relation to the 2017 and 2018 Northern California wildfires, ranging from failing to trim trees around its power lines to inadequately inspecting […]


Electric Utility, Public Utilities

PG&E Wins Court Approval for $23B Bankruptcy Plan As Coronavirus Roils Markets

March 17, 2020

Via: Greentech Media

Pacific Gas & Electric on Monday won court approval for its $23 billion plan to emerge from bankruptcy by midsummer, after California Gov. Gavin Newsom agreed to drop his opposition to it in the face of plunging stock markets and […]


Electric Utility, Public Utilities

Duke, AEP, Dominion among utilities to halt service shutoffs in coronavirus response

March 16, 2020

Via: Utility Dive

President Donald Trump on Friday declared the spread of COVID-19 a national emergency, and the Centers for Disease Control and Prevention has recommended an eight week halt to events of more than 50 people. Governors in some states have closed […]


Electric Utility, Public Utilities

Coronavirus May Challenge Solar Industry’s Tax Credit Strategy

March 10, 2020

Via: Greentech Media

Solar developers working in the U.S. have spent years refining their plans to secure the federal Investment Tax Credit for as much of their pipeline as possible by “safe-harboring” projects in advance of the step-down taking place. As long as […]