Business
Green Mountain Power, Central Vermont Public Service Launch Merger Website
Green Mountain Power and Central Vermont Public Service have launched a new website packed with information on the pending merger of the companies....
Revenues for U.S. Energy Service Companies to Reach $13 Billion by 2020
The ESCO market for energy efficiency project installations and services in the United States exceeded $5.1 billion in 2011....
ABB to Acquire Thomas & Betts for $3.9 Billion
ABB will acquire Thomas & Betts for $72 per share in cash or approximately $3.9 billion....
Clouds Linger for North American Power & Utilities M&A Outlook Short Term
Continued market uncertainty caused a slowdown in North American power and utilities mergers and acquisitions in the final three months of 2011, driving the number of announced deals down to the lowest level in several quarters....
DNV and KEMA Create Energy and Sustainability Company
NV and KEMA will form an energy consulting, testing and certification company that can drive the worldwide transition toward a safe, reliable, efficient and clean energy ecosystem. ...
New China Technical Service Centre To Be First of Many
EA Technology, the UK-headquartered electricity asset management specialist, has opened the first of a series of international technical service centers...
North American Electric Transmission Investments Could Top $160 Billion Between 2012 and 2020
From 2012 through 2020, ITC Holdings plans more than US$24.1 billion in transmission investments, including more than 8,686 miles (13,978 km) of new and...
RuggedCom Chosen for China PV Plant
Nari-Relays Electric Co. Ltd. has selected RuggedCom to provide a communications network for the implementation of the 200-MW Golmud photovoltaic (PV)...
DOJ Clears the Way for Exelon-Constellation Merger
The U.S. Department of Justice (DOJ) has cleared the way for the merger of Exelon Corp. and Constellation Energy. The DOJ's Antitrust Division filed court...
U.S. Department of Justice Clears the Way for Exelon-Constellation Merger
The U.S. Department of Justice has cleared the way for the merger of Exelon Corporation and Constellation Energy, in connection with its review of the transaction under the Hart-Scott-Rodino Act....
North American Electric Transmission Investments Could Top $160 Billion Between 2012 and 2020
Going into 2012, ITC Holdings plans more than $24.1 billion in transmission investments, including more than 8,686 miles of new and upgraded lines, according to analytics by The C Three Group, LLC and the North American Electric Transmission Project Database. ...
Analytical Tool Closes Transmission Congestion 'Blind Spot' in U.S. Power Markets
Ventyx has announced availability of EV Transmission, a new analytical tool that provides mission-critical data to help traders and analysts more quickly analyze and understand the role that transmission plays in North American power markets. ...
FERC Rejects Market Power Mitigation Proposal in Duke-Progress Merger
The Federal Energy Regulatory Commission has rejected Duke Energy Corp. and Progress Energy, Inc.’s proposed mitigation plan to remedy their merger’s harmful effects on competition, saying it cannot unconditionally approve the merger until the applicants remedy the harmful effects on competition previously identified by FERC. ...
Entergy to Divest and Merge Electric Transmission Business Into ITC Holdings
Entergy Corp. and ITC Holdings Corp. have announced that the Boards of Directors of both companies have approved a definitive agreement under which Entergy will divest and then merge its electric transmission business into ITC. ...
MISO Board Committee Endorses MTEP11
The System Planning Committee of MISO's board of directors has endorsed the MISO Transmission Expansion Plan 2011 (MTEP11), a comprehensive long-term...
GeoDigital Acquires Powel Inc.
Norway's Powel AS has sold the assets of its U.S. subsidiary Powel Inc. to digital mapping, imaging and data acquisition services firm GeoDigital International...
Veterans Enter Energy Workforce
In the next five years, nearly 40% of the nation's energy workforce may be eligible for retirement or leave their jobs due to attrition. As a result,...
AES Finalizes Acquisition of DPL Inc
The AES Corp. has announced that its acquisition of DPL Inc. has closed, effective Monday, having received all necessary regulatory approvals and consents....
BPA and California ISO Enhance Regional Coordination With Faster Response in Energy Scheduling
Northwest wind energy producers can now balance the variable output of their resource by scheduling their electricity into California every thirty minutes instead of only once an hour. ...
President of Connecticut Light & Power Resigns After Storm-Caused Power Outages
Northeast Utilities’ Chairman Charles W. Shivery last week announced changes in senior leadership and in the emergency preparedness organization of its Connecticut Light & Power operating company. ...
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