regulated markets
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Renewables
Duke Energy to Shed 3.4-GW Unregulated Renewable Business Segment in $2.8B Deal
In a bid to transition to a fully regulated business, Duke Energy will sell its unregulated utility-scale solar and wind group—a portfolio of 3.4 GW—for an enterprise value of $2.8 billion to pure-play renewable power platform Brookfield Renewable. The companies announced the transaction for a portion of Duke Energy’s Commercial Renewables business segment on June […]
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Legal & Regulatory
FirstEnergy Wants Out of Competitive Power Markets
FirstEnergy Corp.—one of the nation’s largest investor-owned electric utilities, serving customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York—has made the strategic decision to exit the competitive power business. “We have made our decision that over the next 12 to 18 months we’re going to exit competitive generation and become a fully […]
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Coal
Duke Energy Mulls Sale of International Power Plants
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. […]
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Distributed Energy
Report: Distributed Generation, Energy Storage, Microgrids Pose Grid Reliability Risks
Emerging energy technologies such as rooftop solar, microgrids, and distributed generation could adversely affect reliability of the nation’s grid, a new report from the Electric Markets Research Foundation (EMRF) warns. The non-profit research entity whose mission it is to fund studies on significant electric market issues notes in its report, “Changing Uses of the Electric […]