People (April 2015)

FirstEnergy elected Samuel L. Belcher as president and chief nuclear officer; Dayton Power and Light named Tom Raga president and CEO; PSEG announced the retirement of Thomas P. Joyce, president and chief nuclear officer; Turkish economist Dr. Fatih Birol to be executive director of the International Energy Agency; Plus board of directors appointments at Next­Era Energy, Ameren, IDACORP, PG&E and Entergy, and changes at Southern Company, Avista, PSEG Power, The National Rural Electric Cooperative Association, and California Public Utilities Commission.

Creative Disruption

Today’s technologies are causing utilities to rethink their business models.

Fifteen years into the 21st Century, the utility industry is being asked to think forward, beyond 2050. To some, that's a bit of a stretch for a mostly regulated enterprise that has been producing power and sending the electrons reliably for the last 150 years or so. To many others, though, it's past time for an evolution.

Toshiba to Participate in Large-scale Hydrogen Research Project in Scotland

Toshiba will participate in the Levenmouth Community Energy Project in Fife, Scotland, a 4-year project to investigate the potential of hydrogen as a future fuel. The project will run from 2015 to 2020 in a redevelopment area of the Methil Docks in Methil, Fife. Electricity generated by wind and solar power will be used to power a hydrogen producing water electrolysis system, and the hydrogen will be stored and used as a fuel source for hybrid commercial vehicles (HCV) powered by fuel cells and diesel engines.

PSEG Long Island Further Strengthens Electric Grid

PSEG Long Island embarked on a federally funded, three-year reliability and resiliency project to further strengthen the electric grid across Long Island and in the Rockaways. More than $729 million of federal recovery funds were secured for the Long Island Power Authority via an agreement last year between Governor Andrew M. Cuomo and the Federal Emergency Management Agency (FEMA), under the FEMA 406 Mitigation Program.

PG&E Wins Right to Develop Two New Transmission Substations

Pacific Gas and Electric (PG&E) was selected by the California Independent System Operator (CAISO) to build, own and operate two new electric substations in California's Central Valley and South Bay. The new high voltage substation at Wheeler Ridge Junction will help improve electric service reliability in Bakersfield, especially in the hot summer months when demand for power is higher. The substation projects will need to undergo an approval process through the California Public Utilities Commission.

NRC Approves Safety Report for Westinghouse Small Modular Nuclear Reactor

The U.S. Nuclear Regulatory Commission (NRC) approved Westinghouse Electric’s testing approach for the Westinghouse small modular reactor (SMR) design. The NRC told Westinghouse that it has granted a safety evaluation report (SER) for the licensing topical report that the company submitted in April 2012 for agency review and approval. The Westinghouse SMR is a 225-MW integral pressurized water reactor with all primary components located inside of the reactor vessel.

Dominion Virginia Power to Install Virginia's Largest Solar Installation at Philip Morris USA

Philip Morris USA (PM USA) is the latest company to partner with Dominion Virginia Power under the Solar Partnership Program by hosting what will become the largest solar installation in Virginia to date. Dominion is currently installing about 8,000 ground-mounted solar panels at the PM USA Park 500 facility in Chesterfield County. When completed, the 2,450-kW solar array will generate enough electricity under optimum conditions to power 500 homes. The energy generated by the solar panels is delivered to the power grid.

RET Capital Secures Over $200 Million in Financing for Four Solar Projects

Renewable Energy Trust Capital (RET Capital) closed on over $200 million in financing for four solar projects in the U.S. and Canada. The independent renewable finance platform closed a CAD $115 million non-recourse debt to support the acquisition of two solar facilities in Ontario, Canada.