Hawaiian Electric shares plummet 40% after Maui wildfires lawsuit August 15, 2023 Shares of Hawaiian Electric have plummeted nearly 40% since trading opened Monday over concerns that the utility company could be held liable for damage wrought by the Maui wildfires. A class-action lawsuit filed against Hawaiian Electric on Saturday alleges that the company “inexcusably…
How a grid rule change could derail Texas renewables 08/04/2023 In the midst of a sweltering summer when renewable energy has helped Texas avoid grid outages despite record demand, wind and solar companies are warning that a proposed rule may cripple their industry. The state’s main grid operator is reviewing a plan that would require…
SRP and APS report record-breaking electricity demand during July heat wave Aug. 4, 2023 After July’s historic heat wave, both SRP and APS reported electricity demand skyrocketed, and the companies recorded the highest demand they have ever seen from customers. Both companies say it only takes one megawatt to power 160 Arizona homes. Last month,…
APS says rate hike vital to keep homes in Phoenix powered, recover infrastructure costs Aug 4, 2023 As a rate increase for Arizona Public Service customers is on the horizon, the president of the company said it is necessary to recover infrastructure costs and to continue powering Phoenix homes. Regaining infrastructure costs, coupled with flat…
Cyberattacks on the power grid are on the rise as utilities seeking security play catch-up Energize Weekly, August 9, 2023 In the summer of 2022, the Colorado Springs Utilities alerted its customers that their data from its system had been hacked. Several months later, 2,000 wind turbines in Germany were shut down when their remote…
Northland transmission line to boost reliability as renewables replace power plants July 31, 2023 Large cross-country transmission lines carrying clean energy from remote rural areas to population centers will be a key strategy for reducing emissions. But as a project in Minnesota illustrates, the grid puzzle is more complicated than that. Connecting central and northern…
Michigan PSC approves DTE Energy’s Integrated Resource Plan, setting path to net zero emissions by 2050 July 28, 2023 DTE Energy received approval for its CleanVision Integrated Resource Plan (IRP) this week from the Michigan Public Service Commission (MPSC), greenlighting a clean energy plan that will speed the end of coal and cut emissions sooner.…
Infrastructure and green energy spending are powering the economy July 28, 2023 A surge in government funding and related private investment is beginning to make its way to businesses and communities across the country, building electric vehicles, new bridges, airport upgrades and a host of other infrastructure and green energy projects that are juicing the…
Feds propose $2B in PNW energy grid upgrades to meet rising demand July 24, 2023 The Pacific Northwest’s need for more — and renewable — electricity is increasing, and Bonneville Power Administration officials say the grid needs billions of dollars’ of work to keep those higher energy loads flowing across the region. A set of…
Congestion on the U.S. electric grid added $20.8 billion in costs in 2022 Energize Weekly, July 26,2023 The increasingly choked U.S. electric grid – sometimes preventing the cheapest generation from getting online – cost consumers $20.8 billion in 2022, a 55 percent year-over-year increase, according to utility consultant Grid Strategies. “This trend reflects the greater…
PPL outlines first-of-its-kind technology Jul 16, 2023 PPL Electric Utilities is bolstering the reliability of the power it delivers to its more than 1.4 million customers with the use of Dynamic Line Rating (DLR) technology, a first-of-its-kind technology that is garnering national recognition. In 2022, PPL Electric became the first U.S. electric utility to integrate…
Probe Into 2022 Attack on Kern County PG&E Facility Hits Dead End Jul 10 Investigators have hit a dead end in their investigation of a July 2022 incident in which gunfire caused nearly $6 million in damage to a PG&E substation near Bakersfield. It’s one of a string of unsolved acts of vandalism targeting the…
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