Two back-to-back decisions by the Supreme Court in 2016 will fundamentally redefine the jurisdictional split.
Dominion closed on the first phase of its previously announced sale of a 33 percent ownership interest in 425 MW of solar generating capacity to SunEdison. Dominion received approximately $180 million for the first phase, which includes an ownership interest in 253 MW of solar generating capacity at 15 sites in five states. The second phase is expected to close by early 2016 for approximately $120 million, subject to working capital and certain other adjustments.
Surplus generation at mid-day calls for long-duration energy storage.
Three ‘power plays’ for utilities seeking growth.
And how the market has outmaneuvered the political forces, so far.
Two utilities embrace technology and innovation.
It’s not personal. It’s just business.
But guiding their companies in times of change is a challenging task.
NextEra Energy Partners completed its previously announced agreement to acquire approximately 664 MW of operating renewable power generation assets from the sponsor, NextEra Energy Resources. The additional facilities include: Ashtabula Wind III, a 62.4-MW wind generating facility located in Barnes County, N.D.; Baldwin, a 102.4-MW wind generating facility located in Burleigh County, N.D.; Mammoth Plains, a 198.9-MW wind generating facility located in Dewey and Blaine Counties, Okla.; and Stateline, a 300-MW wind generating facility located on the border of
Today’s technologies are causing utilities to rethink their business models.