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Industry Developments

Latest Headlines

Latest Headlines

PSEG CEO talks energy investments with shareholders

PSEG's chairman, president and CEO Ralph Izzo told shareholders at the company's annual meeting on Tuesday, April 15, that PSEG is investing billions in transmission, generation, energy efficiency and renewable energy, as well as the performance of its generation fleet, to improve reliability, help the environment and stimulate the economy.

DOE's roadmap to energy security, prosperity

The U.S. Department of Energy (DOE) has released a comprehensive blueprint to guide the agency's core mission of ensuring America's security and prosperity by addressing its energy, environmental, and nuclear challenges through transformative science and technology solutions. 

Wind and energy storage a winning combination for ERCOT

ERCOT has identified the need to update and overhaul the ancillary services market that originated in the 1990s, before significant deployments of wind energy and other generation sources. A new approach to ancillary services could allow for more effective, efficient and reliable use of existing and new resources like energy storage, according to ERCOT.

Energy economy benefits from NYPA's financial strength

The New York Power Authority (NYPA) is in a strong position, financially, to implement its 2014-2019 Strategic Vision. The Power Authority, which uses no tax money or state credit, finances its operations through the sale of bonds and revenues earned in large part through sales of electricity.

FPL recognized for clean fleet

With its industry-leading deployment of fuel-efficient vehicle technology-- an important part of the utility's overall efforts to provide affordable, clean, reliable electric service to its 4.7 million customers-- FPL is widely recognized for lowering emissions with its next-generation clean power plants. They have extended this commitment to reduce greenhouse gas emissions and other pollutants through its clean vehicles fleet and consumer education program.

Victory bonds could provide financial support to clean energy

With the uncertainty surrounding tax incentives for renewable energy, the Clean Energy Victory Bond would extend vital tax credits for a decade and provide an opportunity for average investors to support the clean energy economy.

Hercules Municipal Utility finds a buyer

Pacific Gas and Electric Company (PG&E) has acquired the Hercules Municipal Utility (HMU) and has begun providing electric service to those customers. After a long and arduous process of trying to sell HMU, PG&E was selected due to its history of providing efficient, reliable and cost-effective services to customers.

Devastating storm results in positive outcome

Ameresco's biomass cogeneration facility located at the U.S. Department of Energy (DOE) Savannah River Site (SRS) in Aiken, South Carolina is utilizing storm-damaged wood as a result of a major ice storm that hit the southern region this February. Timber damage affected 24 counties across 1.5 million acres, according to the South Carolina Forestry Commission.

Utilities recognized for role in Northeast Retail Products Initiative

The Northeast Energy Efficiency Partnerships (NEEP) has received a 2014 ENERGY STAR Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) for its Northeast Retail Products Initiative. During the last 14 years, the initiative has won 15 awards including six Excellence Awards, one award for Excellence in Product Labeling, and eight Sustained Excellence Awards.

EPRI, ENEC collaboration to serve global nuclear

The Emirates Nuclear Energy Corporation (ENEC) has joined the Electric Power Research Institute's (EPRI) nuclear research program, enabling ENEC to access EPRI research results and technical guidance that can inform the development and operation of the United Arab Emirates' (UAE) commercial nuclear energy program.