Latin America and the Caribbean are making great strides in their development of renewable energy. This creates a real business opportunity for bankers and investors to get in early and to invest in the solid assets and sustainable revenue streams offered by these clean technologies. The 3rd Renewable Energy Finance Forum - Latin America and Caribbean (REFF-LAC) will allow project developers to me
Entergy Mississippi to spin off its transmission business to ITC; Calpine acquires Bosque Power merchant plant in Texas; WPS acquires Fox Energy plant; E.On buys interest in Magic Valley wind farm; plus bond issues by Nstar, Western Mass. Electric, Texas Eastern Transmission, Alabama Power, and NSP totaling $1.55 billion.
ConEd, public safety, and the regulatory response.
Last summer’s union lockout at Consolidated Edison raised novel legal and regulatory questions that remain unresolved. Organized labor can strike, and management can respond, but do state utility commissions have authority to end a lockout that threatens service?
(December2012) KC Electric Association expects soon to finalize installing a Sensus FlexNet network and iCon A electric meters to serve about 4,000 residential and small commercial members across a 5,000-square-mile territory in rural Colorado. Itron and C3 Energy formed an alliance to integrate and jointly market an energy management solution to North American utilities. And others...
MATS compliance now, with flexibility for the future.
Conflicting demands for complying with EPA’s MATS rule favor a single control technology to deal with multiple types of power plant emissions.
Mastering multi-channel communications for customer service success.
Utilities across the country are experimenting with various new ways to communicate with customers—from Twitter feeds to text alerts. But few utilities have figured out how to integrate new media channels into a coherent customer engagement approach. A multi-tiered strategy will best serve the needs of customers—and the utility.
Virginia brings a new coal-fired plant online.
Reports of coal’s demise are exaggerated. This summer, Dominion cleared the regulatory gauntlet to start up a new coal plant. Whether the example can be replicated might hinge on state incentives—and the forward price of natural gas.
Five forces are putting the squeeze on electricity consumption.
It’s tempting to attribute the recent slowdown in electricity demand growth entirely to the Great Recession, but consumption growth rates have been declining for at least 50 years. The new normal rate of demand growth likely will be about half of its historic value, with demand rising by less than 1 percent per year. This market plateau calls for a new utility strategy.
The Deutsche Bank case and the meaning of ‘price manipulation.’
A few months back, the Federal Energy Regulatory Commission directed Deutsche Bank Energy Trading LLC to show cause why it shouldn’t be assessed a civil penalty of $1.5 million and be made to return some $123,000 in allegedly unjust profits from power trading in markets run by the California ISO.
Securitization fails the test for financing environmental capex.
Utilities seeking financing for environmental upgrades should look to the markets for debt and equity, rather than trying to securitize those costs.