Dominion Energy Virginia narrows search for pumped storage project location to Tazewell County site
Dominion Energy Virginia said Tuesday that it had narrowed its search for a location for its proposed pumped hydroelectric storage power station to an East River Mountain site in Tazewell County but continues to evaluate construction at the site. The company said it will spend the remainder of th... Read More »Entergy Texas praises bill designed to enable faster investment recovery
Entergy Texas, Inc. recently praised legislation that it said would help it to provide value for key stakeholders. HB 1397 enables the Public Utility Commission of Texas (PUC) to approve a rider that aims to enable utilities that are not a part of the Electric Reliability Council of Texas (ERCOT)... Read More »Sens. Moran, Coons introduce bill to allow renewable energy companies to form MLPs
U.S. Sens. Jerry Moran (R-KS) and Chris Coons (D-DE) introduced legislation to give investors in clean energy projects the same tax advantage available to investors in fossil fuel-based energy projects. The Financing Our Energy Future Act would modify the federal tax code to all renewable fuel co... Read More »Study shows high investor confidence in renewable energy
A report by the American Council on Renewable Energy (ACORE) reveals high confidence for renewable energy growth and an appetite for increased investment by financial institutions. The report -- which tracks ACORE’s campaign to reach $1 trillion in U.S. private sector investment in renewable e... Read More »Study explores impact of transitioning 10 percent of Pennsylvania’s electric generation to solar
According to a new report commissioned by Community Energy, Inc., transitioning 10 percent of Pennsylvania’s electric generation to solar would reduce the state’s wholesale electric costs by $619 million annually and lower wholesale electric prices across the multi-state utility power grid, PJM ... Read More »NextEra Energy, Inc. receives best-in-class preparedness assessment in S&P Global Ratings evaluation
NextEra Energy, Inc. announced Monday that it received a best-in-class preparedness assessment and a final ESG Evaluation score of 86 in S&P Global Ratings' Environmental, Social and Governance (ESG) Evaluation. The S&P Global Ratings ESG Evaluation is an analysis of a company's ability to opera... Read More »Energy associations oppose tariffs on China
The Business Council for Sustainable Energy (BCSE), along with other industry organizations and business, voiced their opposition to proposed tariffs on about $300 billion worth of Chinese products. In a letter to U.S. Trade Representative Robert Lighthizer, the industry groups said the tariffs w... Read More »American Public Power Association appoints new chair, board of directors
The American Public Power Association has appointed new faces to their leadership for 2019-2020. The reshaping of their Board of Directors begins with Decosta Jenkins, president and CEO of Nashville Electric Service, who now serves as APPA’s chair. Jolene Thompson, executive vice president of ... Read More »Vincent Sorgi