CenterPoint Energy sells off Arkansas, Oklahoma assets to Summit Utilities
CenterPoint Energy sold its Arkansas and Oklahoma natural gas local distribution company, or LDC, assets to Summit Utilities for $2.1 billion in cash. The assets include approximately 17,000 miles of main pipeline in Arkansas, Oklahoma, and Texarkana serving more than half a million customers. ... Read More »California ISO studying market reforms to ready for incoming commercial-scale storage growth
In preparation for a record surge of commercial-scale storage technology expected over the next few years, the California Independent System Operation (ISO) has launched the Energy Storage Enhancements initiative to investigate market reforms and support the transition to zero-carbon power grids. ... Read More »Collaboration established between DTE Energy, electric vehicle manufacturers to optimize charging network
DTE Energy and electric vehicle manufacturers are cooperating through a new program called DTE Smart Charge, an effort to optimize EV charging, balance energy demand, and advance DTE’s net zero carbon emissions by 2050 goal. “DTE is excited to play a leading role in this sustainability collab... Read More »New Jersey BPU extends zero emission certificates for state’s three nuclear plants
The Zero Emission Certificates (ZECs) for New Jersey’s three nuclear power plants, Hope Creek and Salem 1 and 2, have been extended for an additional three years by a unanimous vote of the New Jersey Board of Public Utilities (BPU). All three of the nuclear plants are owned by the Public Servi... Read More »Duke Energy plans to triple its output of renewable energy by 2030
Duke Energy expects to triple the amount of renewable energy it produces by the end of this decade, according to its annual Sustainability Report, which reports on environment, social and governance (ESG) issues. Currently, about 7 percent of Duke Energy’s electrical output comes from wind, sol... Read More »DOE to loan up to $8.25B to enhance, expand electrical transmission grid
The U.S. Department of Energy (DOE) announced a massive plan to modernize the nation’s transmission grid this week, through up to $8.25 billion in loans. These funds have been made available through two different financing streams: up to $5 billion in loan guarantees from the Loan Program Offic... Read More »Maria Pope
PGE: Democrats’ clean energy bill incentivizes utilities to transform electricity generation, use
Portland General Electric (PGE), a West Coast-based Fortune 1000 public utility, on Tuesday endorsed the Clean Energy for America Act, a Democratic-led proposal to overhaul the federal energy tax code, create jobs and combat climate change. “We urge its enactment,” testified PGE President and... Read More »Final module placed for Vogtle 3 & 4 project