Public vs. Private: The Debate Continues

Credit to Author: POWER| Date: Fri, 01 Nov 2019 05:01:54 +0000

The post Public vs. Private: The Debate Continues appeared first on POWER Magazine.

In the September issue of POWER , I wrote about a public utility (JEA) that is exploring privatization, and in October, I looked at a city (Boulder, Colorado) that is exploring municipalization. While I think

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Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’

Credit to Author: Sonal Patel| Date: Thu, 24 Oct 2019 14:32:17 +0000

The post Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’ appeared first on POWER Magazine.

Eskom, South Africa’s state-owned utility that produces nearly 90% of the African powerhouse’s electricity, is saddled with liabilities, unavoidable expenses, and stranded costs that exceed $113 billion, and for various reasons, it is “fundamentally insolvent, permanently impaired, and will never be a true going concern enterprise under its current legal, operational, and governance structure,” concludes […]

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National Labs Collaborate to Promote Technology Commercialization

Credit to Author: Aaron Larson| Date: Thu, 24 Oct 2019 12:43:12 +0000

The post National Labs Collaborate to Promote Technology Commercialization appeared first on POWER Magazine.

The U.S. Department of Energy (DOE) announced 12 projects had been selected as part of its Practices to Accelerate the Commercialization of Technologies (PACT) Laboratory Call. The projects will receive about $2.5 million in awards, combined with more than $1 million in cost share “to develop new ways to increase technology commercialization by reducing barriers […]

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Moody’s: Carbon Concerns Denting Merchant Coal Refinancing Prospects

Credit to Author: Sonal Patel| Date: Thu, 17 Oct 2019 14:37:42 +0000

The post Moody’s: Carbon Concerns Denting Merchant Coal Refinancing Prospects appeared first on POWER Magazine.

Environmental, social, and governance (ESG) risks are diminishing the number of potential investors in U.S. merchant coal projects, and that is putting more pressure on already squeezed coal plant economics, Moody’s Investors Service said in a new sector report.   The U.S. merchant coal plants, which are already grappling with persistently low power prices that […]

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Climate Action & Your Portfolio: A Conversation About ESG Investment & Greenwashing With ETHO Capital

Credit to Author: Andrea Bertoli| Date: Sat, 12 Oct 2019 11:10:30 +0000

sustainable investingI’ve long been interested in climate action, and as I’ve become more interested in investing, I’ve become totally passionate about how to do sustainable investment RIGHT – or at least BETTER. In my last article about learning to invest sustainably, I wrote that it’s hard to find funds that truly align with my green sensibilities. But there is one that stood out for me, and in this interview with Amberjae Freeman from ETHO Capital, we dive into what ESG investing is, and what it ISN’

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Distress and Deals Continue to Persist in Energy Sector

Credit to Author: Aaron Larson| Date: Mon, 07 Oct 2019 20:11:59 +0000

The post Distress and Deals Continue to Persist in Energy Sector appeared first on POWER Magazine.

At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]

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Public vs. Private: What’s Best for Power Customers?

Credit to Author: POWER| Date: Tue, 03 Sep 2019 04:00:00 +0000

There are generally three types of electric power utility ownership structures: public power utilities, rural electric cooperatives, and investor-owned utilities (IOUs). The American Public Power Association

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Leadership Shakeup at ABB Amid Power Grids Business Overhaul

Credit to Author: Sonal Patel| Date: Wed, 17 Apr 2019 12:15:58 +0000

Only months after ABB announced Hitachi would acquire a majority stake in its flagship power grids business for $11 billion, the company’s board of directors ousted CEO Ulrich Spiesshofer and officially launched a search for a new leader.  The Zurich-based technology giant said on April 17 that the board of directors and Spiesshofer “mutually agreed […]

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