FERC's Folly
Remand Order 745, fix the compensation scheme, but retain federal jurisdiction.
Why the D.C. Circuit should rehear the appeal of FERC Order 745, and how it should rule.
Transactions (September 2014)
Duke Energy Progress agreed to purchase $1.2 billion of certain generating assets from North Carolina Eastern Municipal Power Agency; Acquisitions by PSEG Solar Source and SunEdison; Exelon will provide equity financing for 21 MW of Bloom Energy fuel cell projects; Debt issues from Calpine and NRG Yield Operating.
Start the Conversation
The regulator’s role in a world divided by distributed generation.
A state utility commissioner urges her colleagues to begin planning now for distributed generation – before it’s too late.
People (September 2014)
Duke Energy made changes to the company’s senior leadership team; PSEG made several promotions and executive moves; Public Service Electric and Gas promoted three executives; and others ...
Her Next Hurdle
ITC’s Linda Blair on where to build tomorrow’s grid.
Linda Blair, executive v.p. and chief business officer for grid giant ITC, discusses how ITC plans to navigate the new transmission landscape and where ITC might turn for its next major transmission project.
Minnesota Power and Minnesota National Guard to Build a Solar Array at Camp Ripley
Submitted by aburr on Wed, 2014-08-27 13:50Minnesota Power, a division of ALLETE, and the Minnesota National Guard signed a memorandum of understanding outlining plans to build a 10-MW utility-scale solar energy array at Camp Ripley, located in central Minnesota. The project will be the largest solar energy installation on military property in the state. The solar farm and backup generation will be designed and constructed to allow Camp Ripley to use the energy produced by the project during infrequent periods when the electric grid is down, providing enhanced energy security for the military site.
Duke Energy Sells Non-Regulated Midwest Generation Business for $2.8B
Submitted by aburr on Wed, 2014-08-27 13:49Dynegy plans to buy Duke Energy’s non-regulated Midwest Commercial Generation Business for $2.8 billion in cash, which includes ownership interests in 11 power plants and Duke Energy Retail Sales, the company's retail business in Ohio. The completion of the transaction is conditioned on approval from FERC, the expiration of the waiting period under the Hart-Scott Rodino Act, and the release of certain credit support obligations. Closing is expected to occur in three to six months.
Echelon Signs Definitive Agreement with S&T AG to Purchase Its Grid Operations
Submitted by aburr on Wed, 2014-08-27 13:48Echelon signed a definitive agreement to sell its grid operations to S&T AG, a publicly traded European IT systems provider. The companies expect the deal to close by the end of the year. Under the terms of the agreement, Echelon will receive approximately $5 million in upfront consideration, dependent in part on the value of net assets at closing. Echelon will also become a supplier of its narrowband high-reliability power line communications chips to S&T for use in their smart meters and related products.
Boart Longyear Awarded Contract for Largest Natural Gas Storage Facility in Western U.S.
Submitted by aburr on Wed, 2014-08-27 13:46Boart Longyear was awarded a contract for drilling services at the Magnum NGLs (natural gas liquids) Storage Project at central Utah's Western Energy Hub. Magnum is building the first underground salt cavern NGLs storage facility in the Rocky Mountain region at the site. Development will include the construction of solution-mined storage caverns in a salt dome approximately 3,000 feet below the natural surface. Initially, the facility will feature two caverns each capable of storing between 1 and 2 million barrels of NGLs such as propane and butane.