Energy News

Through its collection of online programs, UofM Global, the University of Memphis has established initiatives with an array of organizations — like FedEx, the City of Memphis, and Methodist LeBonheur Healthcare — that provide college education opportunities for their employees. Now, thanks to a new partnership, its number of corporate collaborations is about to grow. On May 13, U of M announced it had joined the academic network of InStride, a Los Angeles-based group that connects companies…

The PUC agreed to compromise on some of the conditions for the KES project, including the removal of its requirement of a financial penalty.

The company's shareholders disapproved of the compensation on an advisory basis in what’s commonly called a say-on-pay proposal. They also voted to approve two proposals that the board of directors had previously advised them to vote against.

The city of Albuquerque announced Friday it is joining the Cities Race to Zero campaign, which has a focus on a “decarbonized economy” future – and ahead of the United Nations Climate Change Conference being held in Glasgow in November. “We know that the time to act on climate change is now,” Mayor Tim Keller said in a prepared statement. “We’re taking big leaps toward a more sustainable city for our kids and future generations.” City spokesperson Maia Rodriguez said “partners…

A new book on Amazon details that Raleigh was much closer than previously thought to landing the company's second headquarters.

Jacksonville Electric Authority CEO Jay Stowe said Friday that Jacksonville residents and builders might not see a noticeable increase in electric and water rates in 2022, but there will be the need for larger fees moving forward. JEA's board proposed spreading out both the increase in capacity fees and residential fees across a two-year time span, Stowe said. The proposal comes after rising costs from JEA's Plant Vogle project, which includes construction of two new power-generating units…

“People were not able to save as much money, they are uncertain of the future, so there will potentially be fewer people retiring.”

Reports that activist investment firm Elliott Management Corp. has taken a large stake in Duke Energy Corp. and pressed for changes has raised questions for investors and concerns from public officials.

Good morning, Bay Area. It's foggy Friday, so dress in layers and start heightening those expectations for the weekend. In the meantime, here's today's local business headlines. The San Francisco City Controller released an update Thursday showing a budget surplus of $157.3 million in the fiscal year that ends June 30. The money comes mainly from a windfall of revenue from property taxes and a tax on the sale of commercial properties. This is a new budget surplus as the $125 million surplus identified…

With WEC Energy Group adding methane-emissions reductions to its ever-expanding carbon dioxide emissions-reduction initiative, company executives say the Milwaukee utility holding company is on the leading edge of addressing environmental challenges.