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#Energy_Transfer in effort to renegotiate deal with #Williams

Energy Transfer in effort to renegotiate deal with Williams Energy Transfer Equity LP (ETE.N) is taking steps that may enable it to renegotiate its $20 billion cash-and-stock acquisition of Williams Companies Inc (WMB.N), according to people familiar with the matter. Dallas billionaire Kelcy Warren, the chief executive of Energy Transfer, set his sights on Williams … Continue reading #Energy_Transfer in effort to renegotiate deal with #Williams

Energy Storage Tech Catches On, But Policy Is Still Catching Up

Energy Storage Tech Catches On, But Policy Is Still Catching Up The electric grid we have today operates largely as it has for decades—electricity produced and dispatched across power lines is used by customers right away. But nearly 30 years ago, a tiny North Carolina electric cooperative did something no other electric utility had done … Continue reading Energy Storage Tech Catches On, But Policy Is Still Catching Up

For grid flexibility, utilities pushed to think beyond gas plants and storage

For grid flexibility, utilities pushed to think beyond gas plants and storage When utilities and grid operators think about power system flexibility — the ability of the grid to respond to sudden changes in supply and demand — two technologies typically get the most attention. One is the fast-ramping natural gas plant, commonly used today … Continue reading For grid flexibility, utilities pushed to think beyond gas plants and storage

Supreme Court Rejects Maryland Power Plant Subsidies, But Signals Permissible Ways for States to Incentivize New Plants

Supreme Court Rejects Maryland Power Plant Subsidies, But Signals Permissible Ways for States to Incentivize New Plants In recent years, Maryland attempted to subsidize new power plants by guaranteeing prices for generating capacity at wholesale auctions administered by PJM Interconnection L.L.C. (PJM). Tuesday, the Supreme Court unanimously affirmed in Hughes v. Talen Energy Marketing, LLC1 … Continue reading Supreme Court Rejects Maryland Power Plant Subsidies, But Signals Permissible Ways for States to Incentivize New Plants

Aquion Energy Continues Funding Momentum With a $33M Round for New Battery Technology

Aquion Energy Continues Funding Momentum With a $33M Round for New Battery Technology Aquion Energy pulled in another $33 million to support its saltwater batteries for long-duration storage, according to a filing with the SEC yesterday. Aquion hopes to raise $60 million in total. The latest round brings the company’s venture funding — which includes … Continue reading Aquion Energy Continues Funding Momentum With a $33M Round for New Battery Technology

#Oracle buys #Opower, and the role of energy data grows

Oracle buys Opower, and the role of energy data grows Software giant Oracle Corp. yesterday snapped up energy data company Opower for $532 million, underscoring how important it has become for utilities to give their customers a better digital experience. The acquisition follows Honeywell International’s $5.1 billion purchase of Melrose Industries’ metering company Elster in … Continue reading #Oracle buys #Opower, and the role of energy data grows