Embracing Disruption
Developing a leadership role for utilities in alternative technologies.
Developing a leadership role for utilities in alternative technologies.
Carlyle Group acquires Red Oak plant from Energy Capital Partners; Tenaska acquires U.S. Power Generating Co.; Southern California Edison floats $1.6 billion in bonds in three tranches; Energy Trading Partners issues $1.5 billion in bonds; plus debt issues by ONEOK, Spectra Energy, TVA, MidAmerican, PECO, and Duke, totaling $9.2 billion.
Former Progress Energy CEO checks in from his new job at TVA.
Fortnightly speaks with William Johnson, CEO of the Tennessee Valley Authority, about managing the country’s biggest government-owned power supplier.
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.
Babcock & Wilcox mPower (B&W mPower) and the Tennessee Valley Authority (TVA) signed a contract to prepare and support nuclear regulatory commission (NRC) review of a construction permit application for a B&W mPower small modular reactor (SMR) nuclear plant at TVA’s Clinch River Site in Oak Ridge, Tenn. The DOE awarded a cost-sharing grant to B&W mPower in November 2012. Preliminary work at the Clinch River site is expected to begin once B&W mPower and the DOE sign a cooperative agreement for the grant funds.
Tennessee Valley Authority (TVA) will install revenue-grade electric vehicle (EV) charging stations in collaboration with selected distributors in its territory. Installation of the charging stations is scheduled to begin in mid-2013.
Tennessee Valley Authority named William D. Johnson president and CEO. Northeast Utilities appointed James W. Hunt as v.p. of regulatory affairs and community relations. Pepco Holdings Inc. promoted Donna J. Kinzel to v.p., treasurer and chief risk officer, Kevin M. McGowan to v.p., regulatory affairs, and O. Ray Bourland to v.p., public policy. And others...
Exelon sells plants in Maryland and Cali; Mitsui buys into Viridity; Duke issues $1.2B; plus deals at TVA, Xcel, PG&E, etc. totaling $4.9B.