Pacific Gas & Electric Company (PG&E) remained on track to emerge from bankruptcy this summer after its plan to reorganize was approved May 28 by the California Public Utilities Commission (CPUC).
The company’s plan for reorganization now needs the final approval of a federal bankruptcy judge i... Read More »
A bill was introduced in Congress that would establish a program to lease up to 200 million barrels of unutilized storage space in the Strategic Petroleum Reserve (SPR).
Mandatory sales of oil would leave approximately 400 million barrels of oil in the SPR later this decade. This would leave the ... Read More »
The Southern Company has set a goal of net-zero greenhouse gas (GHG) emissions by 2050, the company announced at its annual meeting of stockholders.
This new goal replaces the low- to no-carbon goal the company established in April of 2018. Further, the energy company has reaffirmed its goal of ... Read More »
The North Central Winds Project, consisting of three wind facilities in north central Oklahoma, will be acquired in full by American Electric Power (AEP), following the Louisiana Public Service Commission’s (LPSC) approval of a settlement for Southwestern Electric Power Company’s (SWEPCO) share ... Read More »
Xcel Energy managed to pull back its carbon emissions by the largest annual amount to date in 2019, according to its latest Corporate Responsibility Report, and has committed major donations to community support during the COVID-19 pandemic.
Even before the pandemic struck, however, the company m... Read More »
With the 2020 Atlantic hurricane season officially beginning on June 1 and running through Nov. 30, the electric utility industry is prepared for what the federal government predicts will be a period fraught with above-normal activity.
In fact, the National Oceanic and Atmospheric Administration ... Read More »
Together with the National Energy Technology Laboratory (NETL), the United States Department of Energy’s (DOE) Office of Fossil Energy has chosen two projects to receive approximately $10 million in funding to progress research and development of more reliable coal components.
Provided under a ... Read More »
Colorado utilities are set to tap into the western energy market thanks to an implementation agreement signed between the California Independent System Operator (ISO) and Xcel Energy - Colorado.
Those who stand to benefit are members of the Joint Dispatch Agreement: Black Hills Energy Colorado E... Read More »
Overall natural gas consumption in the U.S. electric power sector is expected to be down this year, according to the U.S. Energy Information Administration.
EIA expects domestic consumption of natural gas to fall by 3.4 billion cubic feet per day (Bcf/d) compared with 2019. In the first half of 2... Read More »
Ameren Corp. is working with the Electric Power Research Institute’s (EPRI) Incubatenergy Labs startup challenge to explore new technologies to benefit their customers.
Ameren and 12 other utilities are hosting technology demonstrations with 10 startup companies that may provide utility custome... Read More »