Extended cost recovery period and updated 2023 fuel prices reduce residential bill impact by $27.21 Today, the Florida Public Service Commission (FPSC) approved Duke Energy Florida’s updated fuel and capacity rate request and recovery of storm restoration costs. The monthly…
Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy (NYSE: DUK), is now operating its largest solar power plant ever – the 250-megawatt (MW) Pisgah Ridge Solar project in Navarro County, Texas. “We’re excited to continue to…
Today Alabama Power announced leadership changes to enhance the customer experience and build stronger communities. The changes are effective immediately. “This group shares a deep commitment to serving our customers and their communities,” said Jeff Peoples, Alabama Power president and CEO.…
GE (NYSE: GE) today announced a new order for its first High-Efficiency (HE) upgrade for the GT26 fleet to be selected in Australia. In 2024, GE will modernize EnergyAustralia’s Tallawarra A power plant, powered by a GT26 gas turbine installed…
Enel Group, through its affiliate company Gridspertise, has signed two Memorandums of Understanding (MoUs) with Tata Power Delhi Distribution Limited (Tata Power-DDL), to help speed the digital transformation of power distribution grids in India. The signing of the MoUs was…
Tokyo Electric Power Company Holdings, Incorporated (TEPCO HD) and PT Pertamina Power Indonesia (Pertamina NRE) signed a Memorandum of Understanding (MOU) on the development of green hydrogen and green ammonia today. TEPCO HD and Pertamina NRE previously signed a joint…
Iberdrola and bp today signed a strategic alliance to accelerate the energy transition in sustainable mobility. The companies, which announced their intention to form a joint venture in July 2022, plan to invest €1 billion to deploy a network of 11,700 fast and ultra-fast charging…
GE Renewable Energy announced today that it has been selected by Inikti as the supplier for the Otada wind farm in Lithuania, located near Sakiai city in the south west of the country. With this 18 MW project, GE’s total…
In the age of digitalization, data is the new gold. With its new Field Data Enablement Portfolio, Siemens is now making unused field data accessible to IT and thus making manufacturing companies more efficient and future-proof. In many production plants,…
Piedmont Natural Gas has received approval from the North Carolina Utilities Commission, the Public Service Commission of South Carolina and the Tennessee Public Utility Commission to reduce customer billing rates due to a decrease in the market cost of natural…
Exelon Teams Win EPRI 2022 Technology Transfer Awards for Innovation Five project teams led by Exelon (Nasdaq: EXC) engineers and innovators have been selected to receive Electric Power Research Institute’s (EPRI) 2022 Technology Transfer Awards, which recognize leaders and innovators…
Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Shipping Company LLC, announced entrance into an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd, a wholly owned subsidiary of Sembcorp Marine Ltd. (Sembcorp Marine), intending to reduce the carbon intensity…
