By - Michael Drost

NextEra-Hawaiian Electric takeover facing obstacles

Energize Weekly, August 19, 2015 The $4.3 billion acquisition of Hawaii’s largest electricity provider by Florida-based NextEra Energy is facing a steady stream of opposition and regulatory hurdles, including a legal dispute with Hawaii’s sole regulated gas utility and the recent rejection of the merger by the state’s consumer advocate and the Governor’s energy office. Last week, Hawaii Gas asked

By - Michael Drost

Utilities seek to move ahead of EPA carbon rule

Energize Weekly, August 12, 2015 While nearly a third of the country prepares to go to court against the federal government over its ambitious Clean Power Plan (CPP), a number of utilities have responded positively to the mandate, with some of the country’s largest power companies already ahead of the CPP’s carbon reduction targets by significant margins. The CPP rule,

By - Michael Drost

Dynegy to exit California, eyes Ohio for future growth

Energize Weekly, July 15, 2015 Power plant behemoth Dynegy Inc says that it will likely exit renewable-heavy California in favor of greener pastures, or in its case the American Midwest, where it has spent $2.8 billion on coal and gas-fired plants just this year. “I will minimize any investment possible in the state of California because the business environment there

By - Michael Drost

California reforms residential electricity rates

Energize Weekly, July 8, 2015 California regulators dramatically changed the way utilities can create electricity rates last week, opting to replace the current four-tiered rate structure with a two-tiered structure that penalizes the most egregious energy users while giving many others a break. In a unanimous decision, the California Public Utilities Commission (CPUC) voted to narrow the gap between prices

By - Michael Drost

Canadian economic outlook drops on oil and gas

Energize Weekly, July 8, 2015 Canadian capital spending will decline for the first time since 2009, sparked in part by the recent downturn in crude oil prices, according to a new government survey on intended spending habits. Planned expenditures by governments on non-residential construction, machinery, and equipment are expected to drop 4.9 percent from 2014 to C$251.8, according to the

By - Michael Drost

Illinois regulators approve Integrys, We Energies merger

Energize Weekly, July 1, 2015 The Illinois Commerce Commission (ICC) has blessed the proposed merger between Wisconsin Energy (We Energies) and Integrys Energy Group, the last major obstacle before the $5.7 billion deal can close. The ICC voted 4-1 to approve the deal, with Commissioner Miguel Del Valle voting against. The deal has been vocally opposed by consumer advocates and

By - Michael Drost

Minnesota OKs industrial customer rate changes, net-metering fees

Energize Weekly, June 24, 2015 Large industrial customers in Minnesota will soon get a rate break while municipal utilities and co-ops can start charging solar customers to use the electricity grid, according to a new comprehensive energy bill signed into law last week. The legislation would allow large industrial customers, including steel mills, paper mills, and mining companies to apply

By - Michael Drost

Tech Companies Banking on Green Data Centers

(Google’s Douglas County Data Center in Georgia) “Because energy is a large operating expense at Google, it is beneficial to power the data centers with low-cost wind power,” says Gary Demasi, Google’s Director of Operations, Data Center Energy and Location Strategy. According to Demasi, the PPAs provide Google with an opportunity to lock in lower costs as a hedge against

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