Top news Feature Story In a policy environment that prizes renewables, PG&E saw no cost-effective route to keeping the giant nuclear plant open.
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Tighter economics, aging plants and tougher market situations are driving the trend.
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Efficiency and DERs are pushing down load, the grid operator said in a new report, but system upgrades will be needed to meet state clean energy goals.
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The value of North American electric utility deals is $30 billion higher at this point in 2016 than it was last year.
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The Northeast's Regional Greenhouse Gas Initiative has yet to map out carbon targets beyond the current cap, which only adds more doubt over the future values of emissions allowances.
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A hot start to the summer has sent natural gas prices markedly higher, but power prices have not followed suit, partially due to stagnant electricity demand.
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Regulators denied the utility's initial application last year, instructing Duke to provide more details and focus on electric grid projects.
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Feature Story As a sign of their aggressive goals, 80% of organizations are planning for at least one facility close to net-zero energy use, according to a new survey. |
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