SAN FRANCISCO (AP) — A federal jury found California’s largest utility guilty of violating pipeline safety regulations before a deadly natural gas pipeline explosion in the San Francisco Bay Area and then misleading investigators about how it was identifying high-risk pipelines. After deliberating for seven days, jurors convicted Pacific Gas & Electric Co. Tuesday of obstruction and five of 11 counts of pipeline safety violations, including failing to gather information to evaluate potential gas line threats and deliberately not classifying a gas line as high risk. The 2010 blast of a PG&E natural gas pipeline […]
San Francisco-based Pacific Gas and Electric Company (PG&E) has been ranked as the nation’s greenest energy company by Newsweek. The company placed first among electric and natural gas utilities, and No. 15 overall, in the annual Green Rankings of the 500-largest publicly traded companies in the United States, moving up from the third and 42nd spots in 2015. “Earning the top position is a reflection of our efforts to protect the environment, create a clean-energy future, and build a better California for our customers and communities,” said PG&E Chairman Tony Earley. Worldwide, PG&E ranks as the No. […]
Exelon Corporation will shut down the Clinton and Quad Cities nuclear plants June 1, 2017 and June 1, 2018, respectively. The two plants have lost a combined $800 million in the past seven years, despite being two of Exelon’s best-performing facilities. Exelon cited lack of progress on Illinois energy legislation as a major contributor to the decision. While the Illinois legislative session has not ended, the path forward for consideration of the Next Generation Energy Plan legislation is “not clear.” “We have worked for several years to find a sustainable path forward in consultation with […]
Like many utilities operating in urban areas, The Laclede Group is faced with aging infrastructure. The company is tackling this challenge head on by undertaking a major upgrade to natural gas distribution systems operated by its three subsidiaries: Laclede Gas in St. Louis, Missouri Gas Energy in Kansas City and Alagasco in Alabama. The Laclede Group spent nearly $300 million for capital projects in its 2015 fiscal year, of which about $135 million went to pipeline replacement projects for all three utilities. During that time, Laclede Gas replaced 81 miles of pipe in the St....
Southern Kentucky (SOKY) Energy completed the purchase of natural gas gathering and transmission pipelines in South Central Kentucky from Houston-based Atmos Gathering Company for an undisclosed price. SOKY Energy has also acquired over 100 producing gas wells connected to the pipeline network from Pioneer Oil Company of Vincennes, IN, which will will be added to SOKY Energy’s existing operations in Warren and Butler Counties, KY. “This is a very natural fit for our company as we continue to grow and consolidate natural gas operations in the region,” said SOKY Energy’s President Jason Sharp. “We are excited to expand our footprint, and […]
Above-normal temperatures during the 2015-16 winter were a key factor in lowering heating demand and winter fuel expenditures. Compared with the 2014-15 winter, propane and heating oil demand decreased by 16% and 45%, respectively, and residential electricity demand decreased by 6%. The 2015-16 winter season (October through March) was 15% warmer than last winter, driven in part by one of the strongest El Niño events in decades. El Niño is a large-scale warming event that affects temperature and precipitation patterns in the Pacific Ocean. It occurs every three to five years, and it is […]