Iron Range board reworks loan to Excelsior Energy

Fossil & Biomass | Jun 17 - McClatchy-Tribune Regional News - John Myers Duluth News Tribune
Minnesota lawmakers who make up the Iron Range Resources and Rehabilitation Board today gave their blessing to a plan to restructure a $9.15 million loan with troubled Excelsior Energy.

Wind power still tied up in NJ politics

Future & Alternative Generation | Jun 17 - McClatchy-Tribune Regional News - Bob Jordan Asbury Park Press, N.J.
A first-of-its-kind plan to deliver offshore wind power to electricity users has been blowing in the wind. But developers seeking coveted ratepayer subsidies are re-imagining it as a New Jersey-only project, rousing new interest from government policy-makers.

Duke Energy reaches agreement with North Carolina Public Staff in rate case

Policy, Regulatory & Legal | CHARLOTTE, N.C., June 17, 2013 /PRNewswire
Duke Energy Carolinas, a subsidiary of Duke Energy, has reached an agreement with the North Carolina Public Staff concerning the utility's request to raise base rates.

Russians target Britain in nuclear power deal

International | Jun 17 - Daily Mail (London, England)
Britain has signed a deal with Moscow that could pave the way for Russia's state-owned nuclear power company Rosatom to build plants in Britain.

ScottMadden Leads Discussion on Impediments to Infrastructure Expansion at 2013 EEI Annual Convention

Annoucement | ATLANTA, GA - June 17, 2013 (News Release)
ScottMadden, Inc., one of North America's leading energy consulting firms, moderated an Electricity Matters breakout session on June 11, 2013, at the Edison Electric Institute (EEI) Annual Convention.

ABB names Ulrich Spiesshofer as CEO

Annoucement | Zurich, Switzerland, June 17, 2013 (News Release)
The Board of ABB has unanimously appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, as Chief Executive Officer.

Legal victory could save millions for electric consumers

Policy, Regulatory & Legal | Jun 17 - New Haven Register (CT)
Connecticut's ratepayer advocate, the Office of Consumer Counsel (OCC), has won an important legal battle that could save millions of dollars for consumers, officials at the agency said Monday.

CO2 discharge prompts nuclear plant evacuation in Pennsylvania

Nuclear | SHIPPINGPORT, Pa., Jun 17, 2013 -- UPI
Workers at a Pennsylvania nuclear power plant were forced to evacuate a part of the plant due to a carbon dioxide leak, federal regulators said Monday.

Southern California Edison Partners with Customers to Conserve Energy

Demand Response | ROSEMEAD, Calif.--(BUSINESS WIRE)--Jun 17, 2013--
As Southern Californians prepare for summer, Southern California Edison (SCE) is asking customers to be especially conservation-minded to help keep the electric grid stable and reliable during hot weather when energy use spikes, particularly without the power generated from the San Onofre nuclear plant.

Florida Governor Signs Law to Rein in FL's Nuclear 'Tax'

Policy, Regulatory & Legal | TALLAHASSEE, Fla., June 17, 2013 /PRNewswire
Late last Friday, Florida Governor Rick Scott signed SB 1472 into law. The new law attempts to clamp down on the state's controversial nuclear cost recovery payment scheme that allows utilities to charge customers in advance for proposed new nuclear power generation.

UW-Madison researcher designs solar panel that stores energy

Solar | Jun 17 - McClatchy-Tribune Regional News - Thomas Content Milwaukee Journal Sentinel
In his lab at the University of Wisconsin-Madison, Hongrui Jiang has designed a new kind of solar panel that incorporates energy storage right in the panel.

Fitch Rates PG&E's $750 Million Notes 'A-'; Rating Outlook Stable

Business & Corporate | NEW YORK, Jun 17, 2013 -- BUSINESS WIRE
Fitch Ratings has assigned an 'A-' rating to Pacific Gas and Electric Company's (PG&E) $750 million issuance of senior unsecured notes.

Fitch: Fortis Buy Manageable for Central Hudson Credit Profile

Business & Corporate | NEW YORK, Jun 17, 2013 -- BUSINESS WIRE
Central Hudson Gas & Electric (CHG&E) should be able to maintain its stable credit profile based on an initial review of the provisions included in the approved merger between CH Energy Group and Fortis, according to Fitch Ratings.

A Year Later, SDG&E's Sunrise Powerlink Delivering On What It Was Designed To Do

Grid Operations | SAN DIEGO, June 17, 2013 /PRNewswire
One year after San Diego Gas & Electric (SDG&E) energized and put into service the 117-mile Sunrise Powerlink transmission line linking San Diego to the renewable-rich Imperial Valley, the positive impact of this infrastructure project is enormous not only to the San Diego region, but also to the state of California.

Fitch Publishes Updated Criteria for Rating Global Thermal Power Projects

Business & Corporate | CHICAGO, Jun 17, 2013 -- BUSINESS WIRE
Fitch Ratings has updated its global criteria report for rating thermal power projects. Fitch's thermal criteria applies to a broad range of projects including newly constructed or existing, gas-fired or coal-fired, individual or portfolio, fully contracted or merchant projects.

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