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Power Industry

New Zealand Joins International Carbon Storage Group

The Carbon Sequestration Leadership Forum (CSLF) today announced that New Zealand has become the newest member of the international carbon storage body. CSLF members approved New Zealand's bid for membership during a meeting of the Forum’s Policy Group held here. more...
Filed under International

AES Gener Ratings Placed On CreditWatch Negative After Court’s Suspension Of Power Plant Construction

Standard & Poor's Ratings Services placed its 'BBB-' ratings on Gener on CreditWatch with negative implications. more...

Sensus Acquires Telemetric Corporation

Sensus announces that it has acquired the assets and business of Telemetric Corporation. With over ten years of experience in distribution automation technology, Telemetric has an established track record of providing utilities with intelligent, innovative, reliable and secure end-to-end solutions for distribution automation systems utilizing commercial cellular networks and PowerVista, a powerful web-based software application. more...

PPL Agrees to Sell Maine Hydroelectric Assets to ArcLight Capital Partners

PPL Corporation announced Wednesday (7/1) that its PPL Maine subsidiary has signed a definitive agreement to sell the majority of PPL Maine's hydroelectric generation business to Black Bear Hydro Partners, LLC, an affiliate of ArcLight Capital Partners, LLC, for a total of approximately $95 million, subject to the receipt of various state and federal regulatory approvals and consents. more...
Filed under M&A

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Utility Business

Thune: Study report of greenhouse gas cover-up

U.S. Sen. John Thune, R-S.D., wants an investigation into allegations of a scientific cover-up regarding the effects of greenhouse gases. more...
Filed under Regulatory & Legal

FirstEnergy Pennsylvania Utilities File Plans to Enhance Energy Efficiency and Conservation

Pennsylvania Power Company, Pennsylvania Electric Company and Metropolitan Edison Company today filed plans that, if approved, will help customers reduce energy demand and consumption. more...
Filed under General

Constellation Energy Names Betsy Cadwallader Vice President, Credit Risk Management

Constellation Energy (NYSE:CEG) today announced the appointment of Elizabeth (Betsy) E. Cadwallader as vice president, credit risk management, effective June 29. more...
Filed under General

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Intelligent Utility & Smart Grid

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Power Generation

Secretary Chu Announces Two New Projects to Reduce Emissions from Coal Plants

U.S. Department of Energy Secretary Steven Chu announced today that projects by Basin Electric Power Cooperative and Hydrogen Energy International LLC have been selected for up to $408 million in funding from the American Recovery and Reinvestment Act. more...
Filed under Emissions & Environmental

The Long Island - New York City Offshore Wind Collaborative Releases Request for Information

A newly formed collaborative between the private sector and a host of New York State and New York City agencies issued Tuesday a Request for Information (RFI) marking the next step in the development of what could be the largest offshore wind farm proposal in the country. more...
Filed under Wind

Report issued on success of California's solar program

Despite the worst economic downturn in decades, California's multibillion-dollar program to expand solar power production -- the country's largest -- remains on track to install as much new energy this year as last, according to a report issued Tuesday by the California Public Utilities Commission. more...
Filed under Solar Photovoltaic

Mass. Releases Coastal Zoning Plan

Massachusetts released a draft plan Wednesday designed to protect sensitive coastal waters while allowing the building of wind farms. more...
Filed under Wind

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Power Delivery

Regional Electric Transmission Planning in the Upper Midwest to Support Wind Energy

The Upper Midwest Transmission Development Initiative (UMTDI) today released cost allocation principles that will guide UMTDI's efforts to bring more electric transmission infrastructure to the Upper Midwest. more...
Filed under Overhead Transmission

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