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New York

Consumer, Corporations, Energy, Podcast, Utilities and Providers

Columbia Energy Exchange: Exelon’s Chris Crane

August 9, 2016

Electric power companies across the U.S. are going through a period of unprecedented change. Low-cost natural gas, new technology, rapid expansion of renewables, and initiatives to reduce carbon emissions are some of the major factors shaking up the electricity sector. Moreover, for some power companies, keeping their nuclear power plants alive is another big challenge. On this episode of Columbia Energy Exchange, we welcome Chris Crane, the president and CEO of Exelon Corp., a Fortune 100 energy company with the most utility customers in the U.S., and the nation’s leading operator of nuclear reactors. Crane talks with host Bill Loveless about the ways in which he is piloting his company through this transformation. And on a timely note, they discuss a new clean energy standard in New York that would keep some nuclear power plants alive. (Listen here)

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by Bill Loveless
Article, Climate, Energy

Nuclear power gets a boost in New York

August 2, 2016

The struggling U.S. nuclear industry enjoyed a boost this week as New York regulators agreed to a clean energy standard that puts reactors on the same footing as solar, wind and other forms of renewable energy. But only time will tell if it marks the start of a trend. The decision by the New York Public Service Commission will require the state to meet half of its electricity needs with “renewable sources” by 2030, including three nuclear power plants at risk of shutting down, as part of a strategy to cut greenhouse gas emissions by 40% by that year. (Read More)

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by Bill Loveless
Article, Consumer, Energy, Technology, Utilities and Providers

Can N.Y. solar-electric deal recharge U.S. green-energy effort?

April 26, 2016

The head of the leading rooftop solar company in the U.S. told me last year that one of his top priorities was to strike deals with electric utilities that would make them partners rather than rivals in the changing power sector. “I’m very interested in finding a utility that we can work with that wants to solve problems, not prevent change,” Lyndon Rive, the co-founder and chief executive of SolarCity, said in June. “It would be learning for both of us.” Well, Rive got his wish last week as SolarCity and two other solar developers, SunPower and SunEdison, joined six New York utilities in announcing their formation of the “Solar Progress Partnership.” (Read more)

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by Bill Loveless