Posts Tagged ‘utility’

Swedish utility to invest in nuclear reactors

Swedish utility Vattenfall will invest 900 million kronor to update two reactors at Sweden's largest nuclear plant, saying the Ringhals facility will continue to supply electricity into the 2040s. Torbjorn Wahlborg, a senior executive vice president at Vattenfall, said Friday that the company was “adding a further safety system to plants that are already safe.” […]

Southwestern Missouri utility seeks to retire coal plant early as it adds wind generation

The Empire District Electric Company, based in southwest Missouri, announced plans to retire its coal-fired Asbury Power Plant more than a decade ahead of schedule, in favor of cheaper wind power. Other utilities may pursue similar actions, depending on how the state Public Service Commission allows Empire to proceed. View full post on Wind Power […]

Utility proceeds with big wind investment in top coal state

President Donald Trump's efforts to roll back coal and climate-change regulations aren't discouraging a utility from making a $3.5 billion investment in wind energy, the bulk of which will build dozens of new wind turbines in the top coal-producing state. Rocky Mountain Power is ready to present its detailed wind plan to regulators in Wyoming, […]

COLUMN-Staid utility investing world upended by green energy revolution -James Saft

The formerly staid, predictable world of utilities investing faces a revolution as the price of solar and wind energy plunges, creating new winners and losers. Generally tightly regulated and thus with reliable cash flows, utility stocks and bonds have long been beloved by pension funds and other conservative investors for their safe income generation. View […]

Virginia utility agrees to install two offshore wind turbines for study

This week, Virginia utility Dominion announced that it would partner with Danish firm Dong Energy to build two offshore wind turbines as test cases for a commercial-sized installation. Currently, the US only has one 30MW commercial offshore wind farm off Block Island in Rhode Island. View full post on Wind Power News

Dutch utility Eneco to buy Eni’s Belgian operations

Dutch publicly owned utility Eneco said on Friday it had agreed to buy the Belgian subsidiary of Italian power company Eni, adding that the deal would allow it to invest more in local wind power and solar energy. Eneco disclosed no financial details of the transaction, which will see it become the owner of Eni […]

American Electric Power: A Vertically Integrated Utility Income Company

American Electric Power dividend is 3.4% and has been increased for 9 of the last ten years with an increase of $0.04/Qtr. expected in mid October. View full post on Wind Power News

Can Eskom avoid a utility death spiral?

Since 2008, average electricity prices have increased by a massive 160 percent and yet there are still no clear answers as to when this enormous growth will end. South African households are under continuing pressure to pay for basics, and businesses are finding their competitiveness being eroded. View full post on Wind Power News

Xcel named top utility wind energy provider

Xcel Energy was recently named the top utility wind energy provider for the 12th consecutive year by the American Wind Energy Association. Xcel Energy more than doubled its wind ownership when it acquired the Pleasant Valley Wind Farm in Minnesota and Border Wind Farm in North Dakota in 2015. View full post on Wind Power […]

Xcel Energy Xcel Energy Named No. 1 Utility Wind Provider for 12th Consecutive Year

Xcel Energy’s leadership in wind energy reached another milestone as the American Wind Energy Association named the company the country’s top utility wind energy provider for the 12th consecutive year. “It’s an honor to lead the nation in wind energy for a dozen years running,” said Ben Fowke, Xcel Energy chairman, president and CEO. View […]