• The board of directors of Sempra Energy (NYSE:SRE) today declared a quarterly dividend of $0.66 per share of common stock. The current dividend is payable Oct. 15, 2014, to shareholders of record on Sept. 25, 2014.
  • The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), has declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock.
  • Fitch Ratings has affirmed the Issuer Default Rating (IDR) of DPL, Inc. (DPL) at 'B+' and Dayton Power & Light Company's (DP&L) IDR at 'BB+'. A full list of rating actions follows at the end of this release. The Rating Outlook is Stable.
  • PECO today announced that it has priced $300 million of first and refunding mortgage bonds with an interest rate of 4.15 percent due Oct. 1, 2044.
  • A Conversation with Elliot Mainzer

    Sep 14, 2014 | Martin Rosenberg

    The Bonneville Power Administration was launched in the 1930s to help harness the electric power potential of the Columbia River and power the Northwest. Today, its concerns include wind power and the fate of the August salmon. We recently discussed the agency’s evolving mission with Elliot Mainzer, who became BPA’s administrator in January.

  • Fitch Ratings has affirmed the 'A+' rating on the city of Seguin, Texas' approximately $12.4 million of outstanding utility system revenue bonds, series 2006, 2008 and 2010.
  • Fitch Ratings has affirmed the 'F1+' rating on Guadalupe Valley Electric Cooperative's (GVEC) $75 million authorized commercial paper (CP) notes program.
  • FuelCell Energy's third quarter sales results came in far short of analyst expectations, sending its stock down close to 10 percent in Tuesday morning trading.
  • Fitch Ratings has assigned an 'AA-' rating to Washington Gas Light Co.'s (WG; IDR rated 'A+') issuance of $100 million of unsecured medium-term notes (MTNs), series J, due September 2044. Proceeds will be used to pay down short-term borrowings and to prefund a portion of planned capital expenditures.
  • Fitch Ratings assigns an 'AA+' rating to $57.565 million of Alaska Municipal Bond Bank Authority (bond bank) general obligation (GO) and refunding bonds, 2014 series three, issued under the bond bank's 2005 GO bond resolution.
  • Fitch Ratings has assigned an 'A' rating to PECO Energy Co.'s (PECO) proposed new $300 million offering of First and Refunding Mortgage Bonds maturing in 2044. The Rating Outlook is Stable.
  • Generally supportive regulatory compacts, sustained low interest rates, beneficial commodity environment, and efficient cost control are key drivers of the strong financial performance of the US utilities, power and gas (UPG) sector, according to Fitch Ratings.
  • Fitch Ratings assigns an 'AA+' rating to the following city of San Antonio, Texas' electric and gas systems junior lien revenue refunding bonds, issued on behalf of San Antonio City Public Service (CPS).
  • Fitch Ratings assigns an 'AA-' rating to the following Floresville Electric Light and Power System (FELPS) bonds.
  • Fitch Ratings has published the U.S. 'Power and Utility Stats Quarterly' report.
  • Latin America wind energy market overview
    Sep 02, 2014 | Jesse Broehl

    The global wind industry added 36,134 MW in 2013, the first time in eight years that the wind power industry has installed less in a given year than the year before. The size of the annual market declined 20 percent year on year in 2013, compared to market growth of 18.6 percent in 2012. The market decline was not unexpected. Negative conditions in several key countries, particularly the U.S. and Spain, were a drag on market growth. The U.S. will recover through the 2014-2015 cycle with over 12 GW expected, but Spain, once a pillar of the global wind market, will languish following a collapse of its renewables policies.

  • Aug 12, 2014 | Michael Hinton
    Still reeling from the Polar Vortex, 2014 has been energy retail’s winter of discontent. It won’t be the last.
  • Alliander’s Peter Molengraaf

    Aug 03, 2014 | Martin Rosenberg

    The smart cities movement is front and center for European utilities. Peter Molengraaf, Alliander chief executive officer, tells us what Americans should focus on. We met up with him recently at an industry meeting in Berlin.

  • Jul 08, 2014 | Sarah Battaglia
    Everyone has been there. You go to a store to get a pair of those trendy new shoes and find that there's only one pair in your size left in stock. Feeling pretty darn satisfied with your good fortune, you quickly make your way up to the register, holding on tight to that precious box just in case someone tries to snatch it from your hands.
  • Study Ontario for Time-Of-Use (TOU) Lessons
    Jul 22, 2014 | Ahmad Faruqui

    Should time-varying rates-such as time-of-use (TOU) rates and critical peak pricing (CPP) and other dynamic pricing rates-be deployed as the default tariff for residential and small business customers?