The electric utility industry has been buffeted by two recent trends that threaten to upend the profitability, and in some cases the future viability of, those companies that are slow to adapt to a new, rapidly changing landscape. Specifically, in the past decade, the industry has had to grapple with both waning demand and the growth of distributed energy generation.
Of all the efforts to break up utility monopolies in the U.S., the one unfolding in Arizona may be the most important to watch.
The Skeleton Creek project will be located in three Oklahoma counties
The Clean Power Alliance (CPA) has signed three long-term power purchase agreements, including two new solar projects and one existing small hydro project.
As the sun sets on California’s solar farms, a backup energy source deep in the Sierra Nevada Mountains springs to life.
The unit of NextEra Energy announced plans to build a 409-MW energy storage facility in Manatee County. FPL says the Manatee Energy Storage Center will be the world’s largest solar-power battery system by four-fold.
Tucson Electric Power (TEP) is building a 247-MW wind farm that will help the company more than double its use of renewable energy by 2021. The company hired EDF Renewables North America to construct it in a Build and Transfer Agreement (BTA) worth approximately $370 million.
Two of America’s biggest solar-farm owners are warning that a patent dispute between panel makers could roil a sector already shaken by President Donald Trump’s import tariffs.
Once completed, it would be Entergy’s third utility-scale solar project in Arkansas and bring its total solar capacity to 281 MW, enough to power about 45,000 homes.
Florida Power & Light Company (FPL) this week announced plans to build four new solar power plants this year that are expected to begin powering customers in early 2020: