Vistra will shrink its generating portfolio before growing it, CEO says; Utilities target marketplace for customer interaction, energy savings; LaFleur defies FERC majority, will consider broad climate impacts of pipelines; Oklahoma Gas & Electric secures rate recovery for new gas plant
The utility seeks to close its Karn coal plant and employ a barrage of grid modernization tools, demand response and efficiency to reduce demand by more than 20%.
At a June 12 analyst meeting, Curtis Morgan also said the company is looking at energy storage opportunities and criticized the Trump Administration's plans to support ailing coal and nuclear plants.
The Revolution Wind Project is the state's first venture into offshore wind and was selected as part of a 250 MW acquisition of clean energy resources.
After a 15% decline in 2017, a new report expects solar capacity additions to remain stable this year as customers get harder to find. It's "actually pretty good news," said one analyst.
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