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OPUC Rules on PGE 2011 General Rate Case

The Oregon Public Utility Commission (OPUC) today announced its decision regarding Portland General Electric Company’s 2011 general rate case, ending a public review process that began in February 2010. The commission approved an overall price increase of approximately 3.9 percent, which will be allocated across all PGE customer classes.
Together with other pending adjustments reflecting various [...]

AMSC Manufactures and Ships Superconductor Wire for Project HYDRA Prototype Power Cable

American Superconductor Corporation, a leading energy technologies company, announced today that it has manufactured and shipped approximately 17,000 meters (56,000 feet) of its proprietary second generation (2G) high temperature superconductor (HTS) wire, branded as 344 superconductors, from the company’s manufacturing facility in Devens, MA for use in Project HYDRA. This is the single largest shipment [...]

Pike Electric Corporation Completes Acquisition of Shaw’s Energy Delivery Services

Pike Electric Corporation announced that on September 1, 2008 it completed the acquisition of Shaw Energy Delivery Services, Inc. (“EDS”), an affiliate of The Shaw Group Inc. With EDS, Pike will provide its customers a complete solution for the Engineering, Procurement and Construction (“EPC”) of distribution, transmission and substation assets. EDS enables Pike to offer [...]

Constellation Energy Named to the Dow Jones Sustainability North America Index for Fourth Consecutive Year

Constellation Energy announced for a fourth consecutive year it has been named to the Dow Jones Sustainability Index (DJSI), which tracks the financial, environmental and social performance of leading sustainability-driven companies worldwide.
“Being named to the Sustainability Index once again serves as a strong indication of our continued commitment to delivering solid financial performance while meeting [...]

Green Mountain Power Files for Rate Adjustment of Less Than Two Percent

Green Mountain Power today asked the Vermont Public Service Board to authorize a 1.58 percent rate adjustment to go into effect on January 1, 2009, as part of its alternative regulation plan. The increase is largely due to increases in regional transmission costs.
“While we know any increase in rates can be difficult for our customers, [...]

Emera Incorporated and Algonquin Power & Utilities Corp. Announce Closing of California Pacific Electric Company Transaction

Emera Incorporated and Algonquin Power & Utilities Corp. announced that effective today they are closing their acquisition of the California-based electricity distribution and related generation assets of NV Energy, Inc.. Total consideration for this transaction is $131,789,563 USD, subject to final adjustments. Emera and APUC own and operate these assets through a newly formed [...]

Vattenfall AB acquires Eclipse Energy UK PLC

Vattenfall is Europe’s fifth largest generator of electricity and the largest producer of heat, and works in all parts of the electricity value chain. In the UK, Vattenfall owns and operates the Kentish Flats offshore wind farm, which has a capacity of 90 MW. It is also the world’s second largest offshore wind power operator, [...]

TRC Named Engineering Consultant in $3 Million Substation Design Project

TRC Companies, Inc., a recognized leader in engineering, consulting and construction management that provides integrated services to the environmental, energy, infrastructure, and real estate markets, today announced that it has been awarded a $3 million contract to serve as the engineering consultant on the Keene Road Substation Project for the Bangor Hydro-Electric Company (Bangor Hydro).
“Bangor [...]

Longhorn Experiences Marked Increase in Shipments of Product to Southwestern Markets

Longhorn Pipeline Inc., a wholly-owned subsidiary of Flying J Inc., reported that there has been a marked increase in recent shipment activity since Flying J secured a revolving DIP facility with Merrill Lynch on February 27. As part of this arrangement, Longhorn has been granted extended use of line fill inventory and cash collateral that [...]

Lockheed Martin Solar Power Testbed Will Foster Technology and Production Innovation

Lockheed Martin broke ground for a solar power testbed to support its entry into the utility-scale renewable power generation market.
The Solar System Test and Engineering Site (SolSTES) Array testbed in southern New Jersey will provide Lockheed Martin engineers the opportunity to integrate and test a variety of solar technologies and materials selected from multiple suppliers, [...]