Energy News

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  • Duke Energy Carolinas rate-hike hearing comes to an end, with ruling on coal-ash costs likely in December
    by John Downey on September 20, 2020 at 11:42 am

    North Carolina regulators completed hearings Friday on Duke Energy Carolinas' proposed rate hike with commissioners probing how it decided against pursuing aggressive coal-ash disposal policies until state and federal regulations required them. Marcia Williams, an environmental consultant for Nathan Associates, and James Wells, Duke’s vice president for environmental health and safety, repeatedly told the N.C. Utilities Commission that Duke was at the industry’s forefront for working to understand…

  • Broad Reach Power plans move to downtown Houston
    by Joshua Mann on September 20, 2020 at 11:00 am

    The company is able to draw on a strong talent pool to fill its ranks in Houston, the CEO said.

  • Duke Energy Carolinas rate-hike hearing comes to an end, with ruling on coal-ash costs likely in December
    by John Downey on September 18, 2020 at 8:06 pm

    North Carolina regulators completed hearings Friday on Duke Energy Carolinas' proposed rate hike with commissioners probing how it decided against pursuing aggressive coal-ash disposal policies until state and federal regulations required them. Marcia Williams, an environmental consultant for Nathan Associates, and James Wells, Duke’s vice president for environmental health and safety, repeatedly told the N.C. Utilities Commission that Duke was at the industry’s forefront for working to understand…

  • Noco Energy acquires Syracuse firm, setting stage for expansion
    by James Fink on September 18, 2020 at 5:44 pm

    For the second since its formation earlier this year, Noco Energy has acquired a firm, and this deal could set the stage for the company's expansion across New York and other adjoining states. It may also allow Noco Energy to grow its local footprint, officials said. Noco Energy has acquired Syracuse-based Glycol Blender, a firm that sells and delivers neat and blended glycol antifreeze coolants for commercial and industrial uses. The firm also recovers and recycles glycol/water mixes. Terms were…

  • NYSE delists Superior Energy Services
    by Joshua Mann on September 18, 2020 at 5:43 pm

    The New York Stock Exchange has decided to cut Houston-based Superior Energy Services’ stock listing. Superior’s market capitalization has dropped below $15 million for 30 consecutive trading days, the minimum threshold for companies that want to continue to trade on the exchange. The company has shifted its listing to the OTCQX Market under the symbol SPNX, according to a Sept. 17 press release. Superior had previously gotten a warning from the NYSE after its stockholders’ equity dipped…

  • Oregon Democrats won't try to pass cap and trade in '21: report
    by Pete Danko on September 18, 2020 at 3:49 pm

    Oregon Democrats, stymied by Republican walkouts in previous attempts, won’t try to pass a cap and trade bill in the 2021 Legislature. Rep. Karin Power, the Milwaukie Democrat who led the push for the sweeping climate legislation in the House last year, told Willamette Week that proponents would stick with the executive order Gov. Kate Brown issued in March, less than a week after a GOP walkout blocked a bill. Asked to comment on the report, a spokesperson for the governor said her order "ensures…

  • CenterPoint Energy hires CFO from PG&E
    by Olivia Pulsinelli on September 18, 2020 at 1:51 pm

    He served as CFO of PG&E throughout its high-profile bankruptcy.

  • Duke Energy rate-hike hearing to end Friday as coal-ash costs still in dispute
    by John Downey on September 18, 2020 at 12:16 pm

    The Duke Energy Carolinas rate case is winding down after three weeks of testimony, with the final two days focused on the utility's contention it had not delayed addressing coal-ash issues that led to $490 million in cleanup costs. Duke and experts it called also sought to shoot down a proposal by the state’s customer advocate that Duke pay half of what remains of those costs rather than charging it to ratepayers. The commission’s Public Staff calls this “equitable sharing” of the costs…

  • Alternative Energy Companies in the Albany area
    on September 18, 2020 at 12:09 pm

    The survey area includes Albany, Columbia, Fulton, Greene, Montgomery, Rensselaer, Saratoga, Schenectady, Schoharie, Warren and Washington counties. Information on The List was supplied by individual companies through questionnaires and could not be independently verified in all cases by the Albany Business Review. Monolith Solar, ranked No. 4 last year, ended operations. Lotus Solar, No. 5, did not respond to our inquiries. In case of ties, companies are listed alphabetically. NA denotes not answered or not applicable.

  • From the editor: Evolving even as we stay the same
    by Erik Siemers on September 18, 2020 at 11:22 am

    At a time in which change is the constant, seeing the likes of Enterprise Holdings, Graybar, Edward Jones and World Wide Technology near the top of our Top 150 Privately Held Companies list each year is a reminder that St. Louis is still a place that billion-dollar private enterprises can call home.