Dominion promotes seven to v.p.; DTE Energy Foundation names Faye Alexander Nelson president; Michael Picker becomes CPUC commissioner; plus executive appointments and announcements from PPL, Ameren, Duke, GridWise Alliance, and others.
Superstorm disruption calls for a new utility architecture.
The California Public Utilities Commission authorized two affiliated energy utilities, San Diego Gas & Electric (SDG&E) and Southern California Gas (SoCalGas), to increase their rates and charges over the four-year period 2012 to 2015. The approved increases are retroactive to 2012, with SDG&E authorized to raise its rates by $123.4 million compared to its 2012 revenue requirement, and with SoCalGas allowed to collect an additional $84.8 million in rates over 2012 levels.
Distribution utilities could become an important source of renewable funding.
Distribution utilities are well positioned to provide tax equity for renewable projects, but some state laws prevent it. Tapping the potential will require progressive leadership by utility executives and regulators.
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.