Ameren, Xcel, Dominion, Duke among most at-risk from changing climate: Moody's; California ALJ boosts PG&E costs 70% for failures in program to prevent damage to underground equipment; Indiana's Hoosier Energy to retire its 1,070 MW coal plant by 2023; VC funds are increasingly investing in energy storage
Extreme heat and flooding, along with water scarcity and more severe hurricanes related to climate change, present long-term risks to utility assets, the credit rating agency found.
A previously proposed $65 million settlement for violations of the utility's locate-and-mark practices was “too low for the number, duration and severity," according to ALJ Peter Allen who increased the amount to $110 million.
In a three-part series, learn how Austin Energy and Doosan GridTech are maximizing the value of integrated storage and DERs through the DOE-funded Austin SHINES program.
A recent study from Lawrence Berkeley National Laboratory pegs the overall cost of public power energy savings at $0.024/kWh — but for residential customers, costs are significantly higher.
The storage industry will face its fair share of challenges, including increasing safety regulations, regulatory barriers and market uncertainty, experts say.
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