Solar

Transactions (October 2011)

Genesis Solar obtains partial loan guarantee from Department of Energy; Midland Cogeneration, Dominion Resources and Duke receive underwriting; U. S. Department of Energy selects Abengoa Bioenergy for federal loan guarantee, and more.

Vendor Neutral

(October 2011) Wind Capital group selects RMT Inc. to design and construct wind energy facility; MEMC Electronic Materials, Inc. and SunEdison acquire Fotowatio Renewable Ventures; Solar Community and Reliant Energy team up to offer financing options; KEMA selects Green Energy Corp.’s software; Leviton unveils commercial electric vehicle charging stations; plus announcements and contracts involving Science Applications International Corp., Tantalus, FirstEnergy Nuclear Operating Co. and others.

Interesting Times

Utilities stay the course in a volatile market.

A wave of mergers and acquisitions is moving through the industry, as utilities and financial players position for growth and strategic advantage. Will economic and regulatory forces continue supporting these transactions? Our annual finance special report examines trends in capital markets and M&A deals involving utilities, power generators and gas suppliers.

Vendor Neutral

(September 2011) Walgreens to install eVgo charging stations at 800 sites; Siemens and eMeter team up in Maryland; Glasgow muni installs Elster meters; ABB completes Mincom acquisition; JDSU acquires Quanta-Sol PV technology; Survalent installs SCADA system at tidal power project; PECO selects Telvent; plus announcements and contracts involving Trilliant, Sensus, S&C Electric, Navigant, Ernst & Young, PSE&G, Portland General Electric and others.

Grid 2050

Shaping system transformation.

New technologies—and new expectations—require taking a fresh look at the institutions and practices that have provided reliable electricity for the past century. Collective action is needed to define the key attributes of a future grid and then to take the more difficult next step—adapting our processes and institutions to align with that future vision. A thoughtful approach will allow America to capture the potential value that’s offered by sweeping changes in technologies and policies.

Vendor Neutral

(July 2011) Williams Partners L.P. expands Transco transmission lines; Google to provide fiber optic Internet service for Kansas City, Mo.; Constellation Energy picks Lynxspring Inc.; plus contracts and developments involving Servidyne, EnerNOC, Siemens Energy and others.

Lighting Up the World

Why electricity is good—and more is better.

A century of electrification shows clearly that more electricity—and cheaper electricity—enhances public health, raises living standards and also improves the environment. Conversely, higher prices harm businesses and families, with a disproportionate impact on low-income households. Public welfare goals are best served by public policies that make electricity more accessible and affordable to the masses—not less.

Cali Gets it Right

Not your father’s feed-in tariff.

The industry has struggled to craft a feed-in-tariff (FiT) structure that works for solar generators and utility customers, with mixed success. But now, the California Public Utility Commission might have found an approach that other states can replicate. CPUC’s FiT mechanism recognizes the value proposition of solar energy, and uses market forces to drive economic improvements, especially for distributed solar projects.

Pricing the Public Good

Weighing green energy’s costs and benefits.

Policies aimed at promoting one good thing can diminish a better thing, for a net loss to the overall public welfare. Raising prices to promote renewables, for example, makes electricity less affordable and hurts the economy. But artificially low prices can themselves create social ills — by preserving an unsustainable status quo.

People (June 2011)

Dynegy appoints interim president and CEO; Navigant adds new energy practice director; plus senior staff changes at Emera, ConEdison, Energyplus Holdings, and others.