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Industry Developments

Latest Headlines

Latest Headlines

Wind energy tax credits in for a rough ride

The news reports and speculation over what Congress will do with federal wind energy tax credits when Republicans control both the House and Senate come January are numerous. The biggest backers of the wind industry tax credit program are not expected to have as much pull as they did, which could mean a questionable future for the industry.

70 IOUs commit to EV fleets

Today at the White House, PG&E Corporation Chairman, CEO and President Tony Earley and Edison Electric Institute (EEI) President Tom Kuhn announced two electric power industry initiatives to further commercialize electric transportation technologies, including a commitment by more than 70 investor-owned electric utilities to devote at least five percent of their annual fleet acquisition budgets to the purchase of plug-in electric vehicles (PEV) and technologies-- representing an investment of approximately $50 million annually.

Apple, Google among Green Power Leadership Award recipients

The U.S. Environmental Protection Agency (EPA) has announced the recipients of its annual Green Power Leadership Awards for achievements in advancing the nation's renewable energy market and reducing greenhouse gas emissions.  The 19 Green Power Partners receiving the award were chosen from more than 1,300 partner organizations that comprise EPA's Green Power Partnership, including utilities, renewable energy project developers, and other green power suppliers.

Halliburton wants to buy Baker Hughes in $35B cash and stock deal

Halliburton's proposal to buy Baker Hughes, one of the world's largest oilfield services companies, for $34.6 billion has certainly attracted a lot of attention in the industry. And the acquisition move by Halliburton against a backdrop of falling oil prices is generally seen as the first of many consolidations.

Would Keystone XL make a difference in future oil prices?

The Keystone XL pipeline fell short in Congress by one vote Tuesday, but the questions regarding its possible effects on oil prices have been a topic of conversation since TransCanada first proposed the link between Western Canada to the U.S. Midwest and Gulf Coast several years ago.

CESA names clean energy winners

The Clean Energy States Alliance (CESA) has announced the winners of its 2014 State Leadership in Clean Energy Awards, recognizing eight state programs and projects that have accelerated the adoption of clean energy technologies and strengthened clean energy markets.

Oregon utility files lawsuit to stop release of wind farm bird death data

Pacificorp, a Portland, Oregon utility that operates several wind farms, has filed in U.S. District Court to prevent the Interior Department from releasing information regarding the number of bird deaths at its wind farm sites.

Mobile app part of DOE Climate Resilience Toolkit

The U.S. Department of Energy (DOE) gas created a disaster recovery app that will provide real-time information in the wake of severe weather events about which neighborhoods have electricity and which gas stations have fuel.  Developed in response to lessons learned in the aftermath Hurricane Sandy, Lantern Live will allow users to report and view availability of fuel at nearby gas stations and access utility outage maps.

Competitive Advantage: Exelon hedging its bets

"Our integrated business model provides a strong foundation for success in an industry experiencing dramatic changes," Crane said. "Diversification and innovation enable us to take advantage of a broad range of opportunities, rather than betting on any one segment of our industry."

Duke Energy coal ash excavation plans submitted to regulators

Duke Energy has submitted detailed coal ash excavation plans to the North Carolina Department of Environment and Natural Resources (NC DENR) for ash stored at the high-priority Asheville Steam Electric Plant, Dan River Steam Station (Eden), Riverbend Steam Station (Mount Holly) and L.V. Sutton Steam Electric Plant (Wilmington) facilities. Under North Carolina's Coal Ash Management Act, all basins at these sites must be closed by Aug. 1, 2019. Before excavation can begin, the plans-- and all associated permits-- must be approved.