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#Exelon (#EXC) Unit to Reduce Electricity Distribution Rate

Exelon (EXC) Unit to Reduce Electricity Distribution Rate Commonwealth Edison Company (“ComEd”), a unit of Exelon Corporation (EXC – Analyst Report), filed its annual delivery service formula rate request for the distribution of electricity to the Illinois Commerce Commission (“ICC”). If approved by the concerned authority, residential consumers will be getting electricity at lower remunerations … Continue reading #Exelon (#EXC) Unit to Reduce Electricity Distribution Rate →

Experts: Powering your home with #batteries is going to get cheaper and cheaper

Experts: Powering your home with batteries is going to get cheaper and cheaper In the past few weeks, there’s been a battery of new studies on batteries. Not the kind in your cellphone, but a much more revolutionary make – the kind that is already powering many cars, and that might someday help power your … Continue reading Experts: Powering your home with #batteries is going to get cheaper and cheaper →

Will big corporations snatch the wind opportunity away from utilities?

Will big corporations snatch the wind opportunity away from utilities? There is a remarkable “wind rush” on in the U.S., and utilities are falling behind. Installations jumped 400% from 2013 to 2014. A record 11,300 MW of wind was contracted for in those two years, but utilities lost 23% of the capacity to new players … Continue reading Will big corporations snatch the wind opportunity away from utilities? →

Wall Street’s grid agreement: solar and batteries are coming

Wall Street’s grid agreement: solar and batteries are coming In 2014, a chorus of analyses from major financial institutions – including Bank of America, Barclays, Citigroup, Fitch Ratings, Goldman Sachs, Morgan Stanley, and UBS – found that solar-plus-battery systems pose a real and present threat to traditional utility business models. Many of them directly cited … Continue reading Wall Street’s grid agreement: solar and batteries are coming →

FirstEnergy closes 104-year-old coal power plant, electric rates to rise (interactive map)

FirstEnergy closes 104-year-old coal power plant, electric rates to rise (interactive map) CLEVELAND, Ohio — The last three FirstEnergy’s coal-fired power plants on Lake Erie closed forever today. The shutdowns come more than three years after the company announced it would close rather than modernize them to meet new clean air standards. Built generations ago, … Continue reading FirstEnergy closes 104-year-old coal power plant, electric rates to rise (interactive map) →

SPP: Clean Power Plan goals will be difficult to reach through any route

SPP: Clean Power Plan goals will be difficult to reach through any route Southwest Power Pool (SPP) has, for the second time, analyzed the Environmental Protection Agency’s (EPA) Clean Power Plan (CPP), and found that it would cost $2.9 billion per year in generation-resource capital investment and energy production costs to meet the 2030 deadline … Continue reading SPP: Clean Power Plan goals will be difficult to reach through any route →

Report: ISO-NE winter power prices down by nearly half this year

Report: ISO-NE winter power prices down by nearly half this year Power prices in New England were significantly cheaper this past winter, and Platts notes that it’s at least partly due to the ISO’s reliability program, which worked to ensure sufficient fuel diversity and supplies on hand. The grid operator developed a reliability program last … Continue reading Report: ISO-NE winter power prices down by nearly half this year →