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Exposing the utility playbook: Ratepayers are stuck paying the bill for utility corruption

Exposing the utility playbook: Ratepayers are stuck paying the bill for utility corruption In 2020, Ohio House Speaker Larry Householder was arrested and subsequently resigned his speakership after an FBI investigation found that the influential lawmaker accepted $61 million dollars from electric utility FirstEnergy in exchange for passage of a nuclear bailout bill. The legislation … Continue reading Exposing the utility playbook: Ratepayers are stuck paying the bill for utility corruption

FERC open to revisiting #MOPR, as grid operators, utilities mull future of #wholesale markets

FERC open to revisiting MOPR, as grid operators, utilities mull future of wholesale markets Federal regulators, grid operators, state regulators and other stakeholders yesterday indicated they were willing to revisit rules that effectively raised the price for state-subsidized resources, such as renewables and nuclear, within eastern regional transmission organizations (RTOs), but consensus on what a … Continue reading FERC open to revisiting #MOPR, as grid operators, utilities mull future of #wholesale markets

Why capital markets are continuing to finance utilities facing rising flood and other climate change impacts

Why capital markets are continuing to finance utilities facing rising flood and other climate change impacts Many nuclear and fossil fuel power plants in the U.S. are intentionally sited near a body of water to provide access for various cooling processes while much electrical infrastructure remains above ground, according to the Energy Information Administration. The … Continue reading Why capital markets are continuing to finance utilities facing rising flood and other climate change impacts

Many U.S. electric utilities plan slow #decarbonization over next decade

Many U.S. electric utilities plan slow decarbonization over next decade The country’s top emitting utilities are on decarbonization pathways that are too slow to meet the climate goals set forth by President-Elect Joseph Biden. Biden has promised to achieve a zero-carbon power sector by 2035 en route to reaching an economy-wide target of net-zero emissions … Continue reading Many U.S. electric utilities plan slow #decarbonization over next decade

Where This Election Will (And Won’t) Matter For Utilities

Where This Election Will (And Won’t) Matter For Utilities Elections always have consequences. They’re just rarely what investors think they will be—and almost never what’s declared beforehand in popular investment media. In a typical voting year, few industries would face higher stakes than regulated utilities. But this November, power, heating, communications and water companies actually … Continue reading Where This Election Will (And Won’t) Matter For Utilities

Meteoric rise in demand of high-voltage cables in utility sector

Meteoric rise in demand of high-voltage cables in utility sector The total primary energy consumption in the U.S. was recorded at 101.3 quadrillion Btu in 2018 and is expected to witness consistent growth over the years, owing to the surging penetration of data centers and large communication base stations across the region. High-voltage cables allow … Continue reading Meteoric rise in demand of high-voltage cables in utility sector