Troubled Houston energy co. eyes merger closing date this summer
This is the second such merger the company has tried in the past year.
NC regulators to combine two big Duke Energy rate hike cases
State regulators have agreed to combine the rate-hike hearings for Duke Energy Carolinas and Duke Energy Progress in addition to proposing a procedure for that hearing to be held starting in late July.
Both utilities have filed proposals to substantially raise rates. Recognizing that the Covid-19 pandemic has made ordinary schedules for proceedings impossible, the utilities agreed to delay the hearings. In doing so, they voluntarily waived their right to impose the rates unilaterally if the commission…
Natural gas co. wants bankruptcy court to nullify $178M pipeline contract
Whether the natural gas producer can walk away from the contract has emerged as a significant issue in the Chapter 11 proceeding.
North Carolina regulators to combine two big Duke Energy rate cases this summer
State regulators have agreed to combine the rate-hike hearings for Duke Energy Carolinas and Duke Energy Progress in addition to proposing a procedure for that hearing to be held starting in late July.
Both utilities have filed proposals to substantially raise rates. Recognizing that the Covid-19 pandemic has made ordinary schedules for proceedings impossible, the utilities agreed to delay the hearings. In doing so, they voluntarily waived their right to impose the rates unilaterally if the commission…
AES Distributed Energy tapped to develop 2 solar-plus-storage projects on Oahu
AES Distributed Energy, a division of The AES Corporation (NYSE: AES), was selected by Hawaiian Electric Companies to develop and operate two new utility-scale solar-plus-storage facilities on Oahu.
The projects are among the 16 proposals recently selected by Hawaiian Electric during the company’s stage two request for proposals issued in August 2019. In the earlier procurement phase completed in 2018, regulators approved seven projects on Oahu, Maui and Hawaii Island — two of which were awarded…
PacWave rolls toward construction off Oregon coast
Oregon State University trustees back $73.5 million capital project budget.
Houston-based oil field services co. names new CEO, makes related C-suite changes
Houston-based Now Inc. (NYSE: DNOW), an oil field services company that also goes by DistributionNow, has promoted its CFO up to CEO.
Effective immediately, David Cherechinsky will take over the role from board director and interim CEO Dick Alario, according to a June 1 press release. Alario took on the interim role in November when previous CEO Robert Workman’s employment was terminated, but he did not want to be considered for the permanent role.
Alario will continue advising the company as executive…
Pyle’s Viewpoint: Growth and environmental don’t have to be at odds
As people grow richer, they are able to afford the luxury of a cleaner environment.
Energy efficiency charts growth for Pittsburgh-based firm
And between recent approvals of Allegheny County’s commercial property assessed clean energy (C-Pace) financing program and the potential for an infrastructure stimulus program, TEN is poised to grow even further.
Power shift: What it’s like to take over the nation’s largest electric grid during a pandemic
PJM’s Manu Asthana has a bird’s-eye view of how the Covid-19 pandemic has impacted the flow of power across some of the most impacted areas of the country.
