Category: Electric Utility

September 5, 2023

Today, energy storage systems are generally categorized across just two simple dimensions, as utilities ask themselves: How much power can I have? and how long can I have it for? Power output is a long-understood and accepted metric within the […]

August 31, 2023

Almost 300,000 customers in Florida, Georgia, South Carolina and North Carolina remained without power as of 9 a.m. Thursday, after Hurricane Idalia made landfall as a Category 3 storm on Wednesday morning. Outage data was retrieved from poweroutage.us. Utilities have […]

August 31, 2023

National Grid, the UK electricity and gas utility company, also operating in New York and Massachusetts, is advertising a million-pound vacancy for a cyber specialist to set ‘honeypots’ in its network systems to wrongfoot hackers and misdirect incoming attacks on […]

August 30, 2023

The Kentucky Public Service Commission on Monday rejected Kentucky Power’s proposed power supply contract for a planned 250-MW cryptomining operation over concerns it would increase rates for other customers. The American Electric Power utility subsidiary in October proposed a discount-rate […]

August 28, 2023

August 16, 2023, marked the first anniversary of the passage of the Inflation Reduction Act. While meaningful clean-energy progress has been made as a result, with more progress likely to follow, the legislation’s impact on the low and moderate income, […]

August 24, 2023

The ten members of Congress, along with Shober, criticized the mix of TVA’s generation portfolio and the utility’s continued reliance on fossil fuels. Both suggested that the TVA service area would have been less impacted by Winter Storm Elliott in […]

August 22, 2023

The writer Lewis Carroll famously said, “If you don’t know where you are going, any road will take you there.” Well, the road the utility industry is currently on is perhaps the bumpiest and most circuitous one it has ever […]

August 17, 2023

American Electric Power on Wednesday sold its 1,365-MW unregulated renewable energy portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, pension fund Caisse de dépôt et placement du Québec, and funds managed by Blackstone Infrastructure. The $1.5 billion transaction […]

August 15, 2023

BPU staff are proposing that the storage incentive program have separate market segments for front-of-the-meter and behind-the-meter storage, with a portion of distributed storage incentives set aside for projects that cater to overburdened communities. The incentive program would be technology […]

August 9, 2023

With electricity bills consistently higher than the national average, and only expected to continue to rise, West Virginia is at a crossroads in its energy pathway. Consequently, the state’s regulatory commission has opened a task force to ensure an affordable […]

August 7, 2023

An Arizona Public Service proposal to revise its interconnection process should be rejected, partly because it fails to follow the Federal Energy Regulatory Commission’s just-issued rule on grid interconnection, according to RWE Clean Energy and renewable energy trade groups. In […]

August 3, 2023

FirstEnergy has received a subpoena from the Ohio Organized Crime Investigations Commission related to the company’s bribery scandal, Brian Tierney, the company’s new president and CEO said Wednesday during an earnings conference call. The commission’s investigation appears to cover issues […]

August 2, 2023

New Jersey regulators at a July 26 open meeting approved a framework for utilities to submit building electrification plans, setting the stage for thousands of homes and businesses to install electric heat pumps. “Today’s action sets the course for New […]

July 27, 2023

Ryan Kelley, chief investment officer at fund manager Hennessy Funds, does not like risk. So when major utilities began to announce sales of their unregulated renewable energy assets about midway through the COVID-19 pandemic, he was rather pleased by the […]

July 25, 2023

PG&E expects system demand to increase up to 70% over the next two decades as more EVs are added. To meet that demand efficiently, the utility developed a forecasting tool and integrated it into its distribution planning processes. “A common […]

July 19, 2023

The outlook for U.S. utility-scale solar has improved on easing supply chain problems, but near-term residential solar growth may be hurt by rising interest rates and changes to California’s net metering policy, Morgan Stanley analysts said in a report Monday. […]

July 17, 2023

Global trends toward clean energy and increasing public calls for decarbonization have created an extremely complex situation for utility companies. This level of change requires significant capital investment that will translate to rate increases. However, in our current economic circumstances, […]

July 6, 2023

PG&E has submitted the first part of an application to the DOE’s Loan Programs Office, Paulo said. There are two parts to the application, she said, the first being a more “generalized application” and the second getting into specific projects. […]

July 5, 2023

A Department of Interior auction of four parcels of land capable of hosting close to 3 GW of utility-scale solar development in Nevada received a total of $105.15 million in high bids, the department said last week, making it the […]

June 30, 2023

The Texas grid has remained reliable so far this summer, even as it set new demand records. Preliminary data shows ERCOT set a new peak demand record of 80,828 MW on Tuesday, besting the previous peak of 80,148 MW in […]