Business & Corporate
| Dec 6 - McClatchy-Tribune Regional News - Marty Toohey Austin American-Statesman
Already known for some of the most flexible debt-collection policies in the power industry, Austin further relaxed its requirements on Thursday against the advice of executives running the city-owned electric utility.
Citing the prospect of higher electricity bills, Sen. Wendy Davis, the likely Democratic nominee for governor, on Thursday urged the Public Utility Commission to refrain from reworking how Texans buy and sell wholesale electricity.
Fossil & Biomass
| Dec 8 - Michelle Merlin The Record-Eagle, Traverse City, Mich.
A 10-year-old quarry three miles from Rogers City remains just that. Wolverine Power Cooperative spent more than $20 million to construct a new coal-fired plant in the limestone quarry, but the cooperative has yet to lift a hammer to build the plant, plans for which were announced in 2006.
Five years ago, electricity prices were climbing fast, as were power companies' profits. Financial trading desks at companies like NRG Energy and Energy Future Holdings Corp. were designing elaborate bets to protect themselves when prices came back to earth.
The Sunnyvale City Council opted to participate in the American Solar Transformation Initiative's (ASTI) Solar Roadmap Project on Nov. 26, after city staff spent several months researching ways the city could encourage community participation in solar installation.
When FirstEnergy Corp. used the words "right-sizing" to describe to the investment community an important change in how the electric utility will operate in the future, it did not come as a surprise to Paul Fremont, an analyst with Jefferies & Co. in New York.