PSEG to Return to Regulation, Will Divest 6.7-GW Fossil, Solar Fleet

Credit to Author: Sonal Patel| Date: Thu, 06 Aug 2020 13:03:44 +0000

The post PSEG to Return to Regulation, Will Divest 6.7-GW Fossil, Solar Fleet appeared first on POWER Magazine.

Public Service Enterprise Group (PSEG), New Jersey’s giant utility, has become the latest major U.S. power company to seek an exit from the competitive generation business.  In a statement attached to the company’s second-quarter 2020 earnings results released on July 31, Ralph Izzo, PSEG chairman, president, and CEO, said the company is “exploring strategic alternatives” […]

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E.ON Debuts ‘Resilience-as-a-Service’ for Remote Markets

Credit to Author: Sonal Patel| Date: Wed, 22 Jul 2020 20:49:16 +0000

The post E.ON Debuts ‘Resilience-as-a-Service’ for Remote Markets appeared first on POWER Magazine.

German energy supplier E.ON is collaborating with UK energy firms Scottish and Southern Electricity Networks (SSEN) and Costain Group to roll out an innovative business model that monetizes resilience and grid stability services to remote areas.  E.ON Innovation, one of Europe’s largest distribution system operators (DSOs) and the transmission and distribution arms at SSEN and […]

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The Evolution of Power Business Models

Credit to Author: Sonal Patel| Date: Wed, 01 Jul 2020 04:10:00 +0000

The post The Evolution of Power Business Models appeared first on POWER Magazine.

Traditional models have been upended by recent disruptions, including decarbonization, decentralization, and even the COVID pandemic, but new ones are replacing them that focus on customer preference

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Why the 2010s Were a Definitive Decade for Power

Credit to Author: Sonal Patel| Date: Thu, 02 Jan 2020 04:03:12 +0000

The post Why the 2010s Were a Definitive Decade for Power appeared first on POWER Magazine.

Every one of the 13 decades that POWER magazine has been in print has been definitive for electric generation technology, policy, and business in some significant way, but few have been as transformative as the 2010s. The decade opened just as the global economy began to crawl toward recovery from a historically unprecedented downturn that […]

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Power Company Business Models Are Evolving [PODCAST]

Credit to Author: Aaron Larson| Date: Wed, 29 May 2019 21:08:31 +0000

The power industry is changing and power companies must evolve to stay competitive. Many businesses are transitioning from vertically integrated, centralized utility structures to more-distributed models. JEA offers a good case in point. JEA is a not-for-profit, community-owned utility located in Jacksonville, Florida. It serves an estimated 466,000 electric, 348,000 water, 271,000 sewer, and 11,000 […]

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