An offer utilities can’t refuse: The low cost of utility-scale solar New numbers show the “beautiful friendship” between utilities and solar is growing and bringing the U.S. power system’s transition to higher renewables penetrations along. “Utilities of all kinds and in many places are accelerating from zero to 100 on solar in response to record-low … Continue reading An offer utilities can’t refuse: The low cost of utility-scale solar→
California Wildfires Set Off Political Fight Over Who Should Pay For Damage As 17 fires burn across the state, California’s legislature is grappling with what it should do to help residents cope with blazes. The most controversial question facing the state is a decision over who should pay when power lines touch off destructive blazes. … Continue reading #California #Wildfires Set Off Political Fight Over Who Should Pay For Damage→
Utility Companies Head Into a Cloudy Future People will always need power. Machine learning, innovation and competition are about to change a long-established industry. The world’s publicly listed utilities employed 3.7 million people, had a third of a trillion dollars in capital expenditures, and brought in $2.2 trillion in revenue in 2017. Power supply is … Continue reading Utility Companies Head Into a Cloudy Future→
Moody’s Gives Regulated Utilities a Negative Outlook for the First Time The credit rating agency said tax reform pushed its regulated utility outlook into uncertain territory. For the first time since it began rating sectors, Moody’s Investors Service has downgraded its overall outlook of the U.S. utility sector. The rating agency dropped credit from stable … Continue reading Moody’s Gives Regulated Utilities a Negative Outlook for the First Time→
Electric utilities seeing the numbers they need to switch on more solar The route to FPL Coral Farms Solar Energy Center runs down a two-lane country road, turns at a weather-beaten sign advertising “Corn and Hay Sales,” and ambles down an unpaved road past a house with a tractor in the yard. There is the … Continue reading Electric utilities seeing the numbers they need to switch on more solar→
US Grid Operators, Utilities Getting to Know their Duck Curves A phenomenon first observed in California around 2013, electricity supply-demand “duck curves” are emerging on grid systems elsewhere in the US. Utility grid customers across the New England region used more grid energy in the evening than they did during the daytime for the first … Continue reading US Grid Operators, Utilities Getting to Know their Duck Curve s→
New Orleans electric utility confirms people were paid to support its power plant Power plant critics question how Entergy could not have known of PR firm’s astroturf tactics. A public relations firm, with a long history of using questionable tactics in its campaigns for energy industry clients, hired local actors to show support for a … Continue reading #New_Orleans electric utility confirms people were paid to support its power plant→
Utilities must adapt before electric cars drive off with their business Recent advancements in energy technology should come as a wake-up call to Canadian utility companies. The rise of electric vehicles (EVs) in particular is already an indicator of change as batteries become more affordable, ubiquitous and desirable. According to the World Energy Markets Observatory … Continue reading Utilities must adapt before electric cars drive off with their business→
How can US utilities be ready when everything changes? EY has modeled three critical tipping points for utilities on the way to a new energy system. In Europe and Oceania they’re staggered, but in the U.S., they’ll arrive in much quicker succession. EY, together with a leading global analyst house, has modeled three critical tipping … Continue reading How can US utilities be ready when everything changes?→
Artificial Intelligence set to revolutionise energy & utilities industry Artificial Intelligence will change the way many industries create and deliver their products and services in the future, and energy provision is one of them. A new study from consultancy Roland Berger predicts that AI can reap efficiency gains of a fifth in utilities within five … Continue reading Artificial Intelligence set to revolutionise energy & utilities industry→
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