NextEra

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NextEra, FPL Continue Major Solar Expansion

PV Magazine: While power sector holdouts such as FirstEnergy get headlines by pushing for disingenuous regulatory changes in a vain attempt to make the future look like the past, many U.S. power companies are seeing the light in the low and predictable costs of large-scale wind and solar. One of the leaders in this regard […]

April 24, 2018 Read More →

Report: U.S. Tax Incentives Will Drive $20 Billion in Renewable Capex Spending Through 2018

S&P Global Market Intelligence ($): With incentives retained in the Tax Cuts and Jobs Act supporting the development of renewable energy, U.S. electric utilities and their competitive energy arms are moving ahead with certainty on planned solar investments to take advantage of the federal solar investment tax credit, or ITC, before it drops permanently to […]

March 28, 2018 Read More →

IEEFA Update: In U.S. Utility NextEra, a Template for Electricity-Generation Transition

Blazing a Trail Into the New Energy Economy

The best-performing electricity utility in the U.S. is also the world’s biggest installer of renewables. NextEra Energy Inc., a major national electricity provider with 47 gigawatts (GW) of capacity focuses on providing long-term shareholder value through investment in clean energy—and is succeeding in its strategy. The company likes to highlight that it is the world’s […]

February 2, 2018 Read More →

In U.S. Utility NextEra, a Template for Electricity-Generation Transition

Renew Economy: The best-performing electricity utility in the USA is also the world’s biggest installer of renewables. NextEra Energy Inc. is a major American electricity generator with 47 GW of capacity and is focused on providing long-term shareholder value through investment in clean energy. The company likes to highlight that it is the world’s largest […]

February 1, 2018 Read More →
IEEFA Report: Winners and Losers Among Big Utilities as Renewables Disrupt Markets Across Asia, Europe, the U.S., and Africa

IEEFA Report: Winners and Losers Among Big Utilities as Renewables Disrupt Markets Across Asia, Europe, the U.S., and Africa

Leaders and Laggards Emerge; US$185 Billion in Lost Shareholder Value Seen Among Utilities Failing to Keep Pace; Solar and Wind Generation ‘Can Now Consistently Outbid Fossil-Fuel-Based Generation’

Oct. 4, 2017 (IEEFA) — The Institute for Energy Economics and Financial Analysis (IEEFA) published a report today that describes how the rise of renewable energy is disrupting electricity markets worldwide. The report, “Global Electricity Utilities in Transition: Leaders and Laggards: 11 Case Studies,” documents a pace of change in Asia, Europe, the Americas and […]

October 4, 2017 Read More →

Lawsuit in Oklahoma Challenges Town’s ‘Emergency’ Ban on Wind Projects

Paul Monies for the Oklahoma City Oklahoman: Two wind farm companies have sued the town of Hinton, claiming a recently passed ordinance targeting wind turbines outside the town limits was illegally enacted. Minco Wind IV LLC and Minco Wind V LLC, affiliates of NextEra Energy Resources LLC, said the town’s Jan. 17 ordinance calling their […]

February 21, 2017 Read More →

NextEra Steps Into the FirstEnergy Void in Ohio, and at a Discount to Ratepayers

John Funk for the Cleveland Plain Dealer: The Northeast Ohio Public Energy Council, or NOPEC, has approved a three-year contract with NextEra Energy Services Ohio, a subsidiary of Florida-based NextEra Energy Resources, to supply power to some 500,000 Northeast Ohio consumers and small businesses. NOPEC made this decision10 days after current supplier FirstEnergy Solutions canceled […]

November 8, 2016 Read More →

Skeptical of NextEra’s Intentions, Hawaii Rejects Utility Takeover

Mark Chediak for Bloomberg News: Analysts had been skeptical about the Hawaiian Electric takeover gaining state approval given that Governor David Ige, a Democrat, had questioned NextEra’s commitment to the state’s goal of reaching 100 percent renewable power by 2045. On June 29, Ige appointed Thomas Gorak as commissioner, whom analysts said could be more […]

July 18, 2016 Read More →

Hawaii Consumer Advocate Office Continues to Oppose Utility Merger

The Hawaii Consumer Advocate, which is taking part in the regulatory review of NextEra Energy Inc.’s proposed $4.3 billion acquisition of Hawaiian Electric Co., reiterated its opposition to the deal, according to public documents. In its pre-hearing brief filed with the Hawaii Public Utilities Commission this week, the Consumer Advocate, which has been opposed to […]

November 25, 2015 Read More →

NextEra’s Takeover in Hawaii Is in Doubt

Kathryn Mykleseth for the Honolulu Star Advertiser: Approval of the application looks more doubtful than before since Gov. David Ige, as well as every state agency involved in the PUC review process outside of the final decision-maker, has come out in opposition of the $4.3 billion deal. The state consumer advocate said Monday that the […]

September 14, 2015 Read More →