(November 2012) Westinghouse Electric names former Progress Energy Executive as president and CEO. FirstEnergy makes numerous executive changes and appointments; Pepco hires new general counsel; plus executive appointments and announcements at AEP, PPL, PG&E, ITC Holdings, Dominion, EPRI, SEIA, and others.
(July 2012) Southern Company announced changes in the company’s management team. Great Plains Energy and Kansas City Power & Light (KCP&L) appointed Scott Heidtbrink as executive v.p. and COO of KCP&L and greater Missouri operations. NV Energy announced two senior leadership appointments. Pacific Gas & Electric (PG&E) appointed Jesus Soto Jr. as senior v.p. of gas transmission, operations, engineering, and pipeline integrity. And others...
(June 2011) Duke and ATC team up to build transmission lines; AEP installs bioreactor to control selenium emissions; NextEra buys 100 MW of wind from Google; Ocean Power Technologies awards contracts for wave power array; Kansas City picks Elster; BC Hydro picks Itron; plus contracts and developments involving Tres Amigas, Ioxus, Opower and others.
Solar projects are becoming hot investments.
With recent scale-up in both photovoltaic and concentrated thermal facilities, solar energy is nearing cost parity with wind and even some fossil generation sources. And with development models evolving to help companies manage technology risks, solar power has become an attractive investment opportunity—not just for tax-equity players, but also for utilities.
Combined efforts bring mutual benefit.
Regardless of what drives the action — state regulation, federal policy, economic reality — collaboration between utilities and the solar industry is now becoming prevalent. Expanding definitions of utility solar business models represent a significant potential for solar market growth, and provide paths for others to follow.
Lockheed Martin teams with Tendril; Pattern Energy 101 MW wind plant starts operating; Alstom to supply steam equipment to GWF plant; Siemens wins government efficiency contract; GE Jenbacher introduces high-efficiency gas engine; OpenADR Alliance forms; Better Place gets into San Francisco taxis; EnerNOC enters TransAmerica Pyramid; and more.
(December 2010) Steven Specker joins Southern Company board; Chesapeake Utilities names Michael McMasters CEO; Ethics inquiry leads to dismissals and new president at Duke Indiana; plus executive management announcements at American Transmission, Oncor, FirstEnergy, Alliant, NYISO, Gridwise Alliance, the Organization of MISO States, and more ...
Kiewit chooses Alstom equipment for Dominion and Northland Power plants; Abengoa Solar reaches 143 MW with thermal plant startup; S&C Electric to engineer Tessera Solar project; Canada and Hitachi cooperate on carbon sequestration; Black & Veatch to manage PSE&G smart-grid project; AEP selects OPower for customer engagement; SRP picks Elster for AMI rollout; Oncor installs millionth smart meter; plus contract and technology announcements from ABB, Arcadian Networks, Beacon Power, Catalyst Renewables, eMeter, Itron, Open Systems International, Siemens, SunEdison, Tesla Motors and
Manufacturers scale up for utility applications.
Photovoltaics technology is emerging as a generation alternative—both for centralized and distributed facilities. Solar industry executives say their companies are overcoming obstacles to large-scale implementation. With advances in design and manufacturing, the future looks bright for utility-scale solar power.
Rewards, challenges and options for rate-based investments.
Paul Alvarez and Benjamin Hodges
Utilities traditionally have met renewable portfolio standards with power purchases from IPPs. But new approaches are allowing utilities to build their rate bases with investments in solar generation.