Engineers and constructors adapt to serve an industry in transition.
From gas pipelines to PV arrays, the nation’s contractors are seeing growth in utility infrastructure. Fortnightly talks with executives at engineering and construction firms to learn what kinds of projects are moving forward, where they’re located, and what lies over the horizon.
Southern Company makes changes in operations and power subsidiaries; Michael Chesser to leave KCPL board; Dynegy names new e.v.p.; Rolando Pablos resigns from Texas PUC; In Memoriam: Kris R. Nielsen.
Amory Lovins on negawatts, renewables, and neoclassical markets.
Fortnightly speaks with Amory Lovins about the evolving role of conservation, competition, and distributed resources in the energy industry.
(March 2013) NSTAR appoints new president; Southern Company names new financial management team; BPA gets new administrator; plus management changes at AEP, Duke, ITC, ConEdison, GDF Suez, ERCOT, MISO, NARUC, and others.
September 2012 -- Southern Company and Turner purchase SunEdison 30-MW PV plant; PSEG acquires 15-MW PV project from Juwi Solar; Duke issues $650 million in 30-year notes; PSE&G floats $350 million; Sempra and SoCal Gas each issue $350 million in bonds; plus bond issues from ONEOK, Regency Energy, ComEd, Tampa Electric, DTE, and Tucson Electric, totaling $4.8 billion.
Calpine signs PPA with Public Service Company of Oklahoma; TransCanada and Ontario PowerAuthority agree to develop 900-MW gas-fired power plant; Panda selects Siemens to build combined-cycle plant; Progress Energy retires coal plants dating from 1923; Southern Company and Turner acquire 30-MW PV project; PSO begins smart meter pilot rollout; Southern California Edison contracts with Corix to install smart meters; Iberdrola USA hires Burns and McDonnell to review grid infrastructure. Plus contracts and announcements from Itron, eMeter, Echelon, Quanta Services, DNV, Metadigm, Landis+Gyr, and others.
Constellation completes 16.1 MW PV project in Maryland; Ikea commissions 31st solar project, reaching 38 MW installed; IPL and MidAmerican install $545 million scrubber in Iowa; DTE partners with Enbridge and Spectra on pipeline for Utica shale gas; plus contracts and announcements from Dominion, Sempra, Southern Company, AEP, EPRI, Itron, Landis+Gyr, Opower and others.
A challenging year brings a change in the rankings.
(September 2012) Our annual financial ranking shows some remarkable shifts among the industry’s shareholder value leaders. Despite flat demand and low commodity prices, investor-owned utilities are investing heavily in capital assets. Investment discipline and operational excellence distinguish leaders on the path to financial performance.
Panda Energy awards turnkey $300 million turnkey contract to Siemens and Bechtel; Dominion starts up 585-MW CFB plant; Ocean Power Technologies and Lockheed Martin partner on wave power project; Infigen awards wind turbine service contract to Mitsubishi; ITC commissions 345-kV line in Oklahoma; ABB tests world’s biggest DC transformer; Xcel gets green light for Tres Amigas-area transmission upgrades; plus contracts and announcements from Elster, Sensus, Enertech, and others.
Duke and Progress complete their merger; NRG agrees to acquire GenOn; Algonquin acquires National Grid's New Hampshire distribution business, and acquires an interest in Gamesa's Sandy Ridge wind project; plus other equity and debt transactions, totaling more than $34 billion.