Finance

Exelon’s acquisition of Pepco Holdings was approved March 23 as the District of Columbia Public Service Commission approved the deal by a 2-1 vote.

Although new microgrid configurations, technologies, and business models are still evolving in the U.S., some lessons have been learned in the past few years. Aside from the fact that financing nontraditional/non-campus microgrids is hard, if there’s one overarching lesson, it’s that a microgrid designed to provide only one benefit or rely on only one generation source is unlikely to succeed.

Closure of Exelon’s 614-MW R.E. Ginna and Entergy’s 882-MW James A. FitzPatrick nuclear plants will leave New York with a statewide power deficiency starting in 2019, the New York Independent System Operator (NYISO) has concluded. A generator deactivation assessment issued on February 11 that is focused on reliability impacts stemming from the deactivation of the FitzPatrick […]

Duke Energy is considering the sale of all or most of its international power plants, about 4,400 MW dispersed throughout Central and South America. The company’s international business segment, Duke Energy International (DEI), was forced to make the disclosure in light of a required statement from its Brazilian subsidiary, Duke Energy International, Geração Paranapanema S.A. […]

Canadian utility Fortis wants to acquire ITC Holdings Corp., the largest independent electric transmission company in the U.S., to benefit from “low-risk” regulated power markets. The deal valued at about $11.3 billion will allow Fortis to enter the U.S. regulated power market overseen by the Federal Energy Regulatory Commission (FERC), providing a “unique, highly diversified, […]

The Environmental Protection Agency’s (EPA’s) acting administrator of the Office of Air and Radiation, and the Department of Energy’s (DOE’s) head of clean coal and carbon management gave upbeat assessments of the Obama administration’s regulatory agenda and power sector priorities speaking at the EUEC 2016 conference in San Diego on February 3. Janet McCabe of […]

A summary of POWER’s legal affairs conference on power industry regulations.

Fusion provides the energy of the sun and all stars, but harnessing fusion for civilian electric power has proven exceptionally difficult. For over 50 years the U.S. government has pursued

A status update and forecast for solar photovoltaic power in Greece, Croatia, and Italy.

In a major boost to the wind and solar industries, Congressional leaders agreed on a multiyear extension of renewable energy tax credits, which could provide several years of predictable policies, encouraging investment in new projects. The tax credits are part of a 2,009-page omnibus-spending bill unveiled by the House Appropriations Committee on Dec. 15. The […]