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September 6, 2024

Company News

Discontent Mounts over HECO Coal Plant Closure Plans
The shutdown of the AES Hawaii Power Plant in 2022 could leave Oahu's energy grid with a 180-MW generation deficit.
PPL to Sell UK Business, Acquire Narragansett Electric
PPL will sell its U.K. utility business to National Grid for nearly $11 billion and in turn buy the company’s Rhode Island utility, Narragansett Electric.
Icahn Capital Given 2 Seats on FirstEnergy’s Board
FirstEnergy announced it had reached an agreement with Icahn Capital to add two of the conglomerate’s employees as new members to the utility’s board.
Minnesota Power IRP Pledges End to Coal by 2035
Shutting down coal-fired power plants and adding 400 MW of solar and wind power are the primary objectives in Minnesota Power’s proposed IRP.
Diversity Panels Focus on Action and Impact in Clean Tech Programs
Speakers at two recent panels on diversity, equity and inclusion in renewable energy and clean tech discussed the progress those industries have made.
Is the ERCOT ‘Casino’ Going Bust?
Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.
Advocates Fear Cut in Minnesota Solar Rate Could Slow Growth
Solar advocates in Minnesota expect a slowdown in development under the Community Solar Gardens program after regulators cut the rate for bill credits.
Ohio Lawmakers Struggle to Undo Nuclear Subsidy
Ohio lawmakers are considering multiple bills to undo the $1 billion nuclear plant bailout for FirstEnergy, though none outright repeals the law.
Green Transition Sparks Comeback for Utility Securitizations
Utility securitizations are making a comeback as power companies & state governments seek ways to deal with the huge costs associated with decarbonization.
Utility Group Wants to Cover Southeast’s Highways with DC Fast Chargers
Six utilities in the Southeast, including AEP, Duke and TVA, have banded together with a plan to create “a seamless network” of fast-charging EV stations.

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