Category: Electricity

Houston electricity retailer launches $63 million IPO

Houston-based electricity and gas retailer Spark Energy launched its initial public offering Monday seeking $57 million to $63 million.  More »

Sempra subsidiary is first utility to get FAA drone license

A San Diego utility company say it’s the first utility in the country to get permission from the Federal Aviation Administration to fly a drone.  More »

Mixed Signals on Clean Energy Progress

The IEA tends to publish some great research pieces, drawing attention to current trends or highlighting the potential for emerging ones. Their recently published ‘Tracking Clean Energy Progress Report‘ is no exception. Here are ten info nuggets I have pilfered from it. These numbers are kinda nutty… 1) There are already more than 14 billion network-enabled devices […]  More »

GE in Texas wind farm deal

General Electric’s Energy Financial Services unit and E.ON Climate and Renewables North America are forming an investment partnership to own and operate a Texas wind farm.  More »

Should wind power blow free through Texas power lines?

The state’s electricity regulator is looking into who should pay for transmission lines that mostly carry wind-generated power.  More »

Calpine sells six plants for $1.6 billion

Calpine Corp. closed on the sale of six power plants, the power generator said in an Securities and Exchange Commission filing today, bringing in nearly $1.6 billion.  More »

Texas power companies oppose electric reliability project

More robust competition in the wholesale power market around Houston could mean lower profit margins for big generators operating there, but potential savings for area electric consumers.  More »

Energy Department announces $4 billion renewable energy loan program

The U.S. Department of Energy announced unveiled a new $4 billion loan guarantee program to support renewable energy and energy efficiency projects.  More »

Energy Future execs, directors paid $25.5M before bankruptcy

Court documents filed this week show Energy Future Holdings CEO John Young, directors and other executives collected a combined $25.5 million in compensation in the year before the Dallas power generator filed for bankruptcy.  More »

Chile officials visit Houston to urge renewable investment

Typically, when foreign energy ministers visit Houston, they’re in town to pitch the oil and gas sector on investing in their country in order to tap a bounty of oil and gas resources. Officials from Chile in town Wednesday worked a different angle.  More »

Report: Vampire equipment sucking power and draining wallets

The price people pay for always-on, around-the-clock Internet connections with modems, cell phones and laptops may be higher than they think.  More »

‘Dragonfly’ attacks should alert generators to threat, experts say

A new wave of cyberattacks should be a wake-up call to U.S. electricity generators and grid operators who believe their control systems are safe from hackers, data security experts say.  More »
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