Minnesota Power’s agreement with stakeholders on lower rate increase approved October 25, 2024 The Minnesota Public Utilities Commission (MPCU) approved a settlement agreement on Minnesota Power’s 2024 electrical rate proposal on Thursday, October 24. This settlement will lower rates for all customers starting in early 2025. “The MPUC approved a…
Moody’s Says Cybersecurity a High Priority for Oil, Gas
Moody’s Says Cybersecurity a High Priority for Oil, Gas October 22, 2024 Cybersecurity is a high priority for the oil and gas industry, Moody’s Ratings stated in a new report sent to Rigzone by the Moody’s team recently. “Cyber commitments among oil and gas companies we rate exceed the cross-sector…
Tampa Electric wants ‘egregious’ profit from Floridians to help ailing finances, lawyers allege
Tampa Electric wants ‘egregious’ profit from Floridians to help ailing finances, lawyers allege October 22, 2024 As the months have dragged on in Tampa Electric’s quest for state approval to charge customers higher rates, consumer advocates have questioned why the company has been so steadfast in its pursuit of shareholder…
Michigan utilities criticized for handing out executive bonuses while outages persisted
Michigan utilities criticized for handing out executive bonuses while outages persisted Oct. 09, 2024 During the same years an independent audit of Michigan’s two largest electric utilities faulted them for below-average service and glacial outage restoration times compared to peers in the Midwest, the power companies paid out bonuses to…
American Water, the largest water utility in US, is targeted by a cyberattack
American Water, the largest water utility in US, is targeted by a cyberattack October 7, 2024 American Water Works said it learned of an unauthorized cyber incident Thursday that gained access to its computer networks, according to a Monday securities filing. The Camden, New Jersey-based water utility said it took…
Lawmakers to hold hearing after hot summer pumps electricity bills
Lawmakers to hold hearing after hot summer pumps electricity bills September 30, 2024 New Jersey lawmakers are set to explore how high temperatures and spiking electricity prices have led to surges in South Jersey residents’ power bills. The Assembly Telecommunications Committee on Wednesday will hear testimony about summer power bills…
Colorado Springs council approves increases in natural gas, electric rates
Colorado Springs council approves increases in natural gas, electric rates Sep 24, 2024 Colorado Springs Utilities ratepayers will pay more for natural gas and electricity this fall due to anticipated increased costs in market prices as colder weather sets in. Beginning Oct. 1, the average residential ratepayer can expect to…
Federal $500M bailout for Muskrat Falls power delays to keep N.S. rate hikes in check
Federal $500M bailout for Muskrat Falls power delays to keep N.S. rate hikes in check September 17, 2024 Ottawa is negotiating a $500-million bailout for Nova Scotia’s privately owned electric utility, saying the money will be used to prevent a big spike in electricity rates. Federal Natural Resources Minister Jonathan…
Trend toward electric utility rate increases in regulated markets continues in 2024
Trend toward electric utility rate increases in regulated markets continues in 2024 September 9, 2024 Utility regulators in the United States are considering increases to electricity rates again this year as electric utilities seek to cover the investments needed to maintain and expand their systems. Utilities requested rate increases in…
Halliburton says hackers removed data in August cyberattack
Halliburton says hackers removed data in August cyberattack September 3, 2024 U.S. oilfield services firm Halliburton (HAL.N), opens new tab said on Tuesday an unauthorized third party had accessed and removed data from its systems, providing details regarding the cyberattack in August first reported by Reuters. The company said it…
Smart Grid Technology Prevents Nearly 5,000 Power Interruptions for Customers So Far in 2024
Smart Grid Technology Prevents Nearly 5,000 Power Interruptions for Customers So Far in 2024 Aug. 27, 2024 DTE Energy’s smart grid technology has enabled prevention of nearly 5,000 power interruptions and more than 1.8 million minutes without power for customers so far in 2024 “We’re dedicated to reducing power outages…
Cybersecurity threats escalate in the energy sector
Cybersecurity threats escalate in the energy sector Aug 19, 2024 Six individuals working for Russian intelligence were charged in Pennsylvania in October 2020 for their role in ‘Sandworm’. In addition to hacking into chemical laboratories in the UK and the Netherlands, and targeting victims at the 2018 Winter Olympics in…
Hawaiian Electric says customers should not see rate increases due to wildfire settlement
Hawaiian Electric says customers should not see rate increases due to wildfire settlement August 11, 2024 Customers of Hawaii’s largest electrical utility should not see bill increases due to the utility’s portion of a pending $4 billion Maui wildfire litigation settlement. Scott Seu, president and CEO of Hawaiian Electric’s parent…
Federal watchdog urges EPA to develop comprehensive cyber strategy to protect water systems
Federal watchdog urges EPA to develop comprehensive cyber strategy to protect water systems Aug. 6, 2024 The Biden administration has prioritized the drinking and wastewater treatment industries as a number of high-profile hacking incidents have raised concerns about the ability to secure the nation’s drinking water and water treatment sectors.…
Some Exelon information systems affected by global cyber outage
Some Exelon information systems affected by global cyber outage July 19, 2024 Some information systems at Exelon Corp (EXC.O), opens new tab and its local electric and natural gas utilities were affected by the global tech outage, the U.S. power company said on Friday. Exelon, which is based in Chicago…
Seattle City Light to increase rates due to higher demand, rising energy costs
Seattle City Light to increase rates due to higher demand, rising energy costs July 15, 2024 The Seattle City Light Department recently announced a plan to increase rates for customers amid a growing energy demand and heightened labor costs. Customers could see a 5.4% rate increase in 2025 and 2026,…
Federally proposed bill promotes Energy Dept.’s use of AI in energy, national security, science
Federally proposed bill promotes Energy Dept.’s use of AI in energy, national security, science 7/15/2024 A newly introduced bill on Capitol Hill aims to advance America’s leadership in artificial intelligence (AI) by establishing a program at the U.S. Department of Energy (DOE) that would promote the department’s use of the…
New rates approved for Duke Energy Carolinas customers in South Carolina
New rates approved for Duke Energy Carolinas customers in South Carolina Jul 08, 2024 The Public Service Commission of South Carolina (PSCSC) has approved new customer rates based on a settlement agreement with almost all parties in the Duke Energy Carolinas rate review request filed with the commission in January…
FBI warns of increased cyber threats to expanding US renewable energy sector
FBI warns of increased cyber threats to expanding US renewable energy sector JULY 02, 2024 The Federal Bureau of Investigation (FBI) published Monday a Private Industry Notification (PIN) emphasizing how malicious cyber actors may seek to disrupt power-generating operations, steal intellectual property, or ransom information critical for normal functionality to…
As heat wave sweeps across Michigan, many will see impact of summer peak electric rates
As heat wave sweeps across Michigan, many will see impact of summer peak electric rates June 17, 2024 As Michiganders grapple with scorching temperatures this week, special electric rates meant to lessen strain on the grid and promote energy savings are in effect for millions of residents. For many customers…
City council rejects Power San Diego proposal
City council rejects Power San Diego proposal Jun 10, 2024 The push by a voter initiative to assume control of the power responsibilities of San Diego Gas & Electric collected over 30,000 signatures. This compelled the city council to deliberate on whether San Diego voters would have the opportunity to…
Cybersecurity experts sound alarm over US power grid vulnerabilities
Cybersecurity experts sound alarm over US power grid vulnerabilities June 2, 2024 The White House announced efforts last week to upgrade the country’s aging energy infrastructure in a move to reduce power outages and make improvements to the grid amid soaring demand, but threats from nefarious forces continue to pose…
AI is poised to drive a doubling in data center electricity demand by 2030, studies say
AI is poised to drive a doubling in data center electricity demand by 2030, studies say Energize Weekly, June 5, 2024 Data centers, spurred by increased artificial intelligence applications, could double their demand for electricity in the U.S. reaching 9.1 percent of the nation’s electricity load by 2030, according to…
EPA to ramp up cybersecurity inspections for water utilities
EPA to ramp up cybersecurity inspections for water utilities 21/05/2024 The Environmental Protection Agency (EPA) has issued a stark warning to the nation’s water utilities, highlighting significant gaps in cybersecurity compliance amid a growing wave of cyber threats. Announced on Monday, the EPA’s new enforcement alert reveals that over 70%…
Anger builds over sweeping change in the way most Californians will pay for electricity
Anger builds over sweeping change in the way most Californians will pay for electricity May 7, 2024 With little debate two years ago, state lawmakers passed a complex energy bill that enabled a sweeping change in how most Californians are billed for electricity. The legislation was what Pacific Gas &…
New cybersecurity center to protect grids integrated with renewables, microgrids
New cybersecurity center to protect grids integrated with renewables, microgrids 23-Apr-2024 Bringing renewable energy to the power grid raises all kinds of “internet-of-things” issues, said Iowa State University’s Manimaran Govindarasu. That’s because “everything is connected,” said the Anson Marston Distinguished Professor in Engineering. Solar inverters are connected to the internet.…
DTE Energy partners with local suppliers to create 12,000 jobs, grow Michigan’s economy
DTE Energy partners with local suppliers to create 12,000 jobs, grow Michigan’s economy Mar 25, 2024 Ask Motor City Electric (MCE) Senior Vice President Dave Volkman about the basis for his company’s long-standing partnership with DTE and you’ll get an answer that goes far beyond maintaining and upgrading the electrical…
Shake up looms for Long Island’s power grid
Shake up looms for Long Island’s power grid 18th March 2024 New York’s state lawmakers are considering a measure that would shake up the way Long Island’s power grid operates. The Long Island Power Authority Public Power Act would make LIPA the sole operator of the grid, ending the long-standing…
Maine’s Versant Power proposes changes to its distribution rates
Maine’s Versant Power proposes changes to its distribution rates March 08, 2024 Maine’s Versant Power has filed a plan with regulators to change its distribution rates in 2025. If approved, the average residential customer using 500 kilowatt-hours per month would see an increase of about $12 per month. A customer…
Lawmakers across the U.S., including in Md., seek to curb utility spending on politics, ads and more
Lawmakers across the U.S., including in Md., seek to curb utility spending on politics, ads and more March 5, 2024 After a string of scandals and amid rising bills, lawmakers in statehouses across the country, including in Maryland, have been pushing legislation to curb utilities spending ratepayer money on lobbying,…
DOE announces $45 million investment for cybersecurity research
DOE announces $45 million investment for cybersecurity research FEBRUARY 26, 2024 The Department of Energy on Monday announced a $45 million investment into cybersecurity research for the energy sector, including projects on artificial intelligence detection and response and quantum communication for the grid. DOE’s Office of Cybersecurity, Energy Security, and…
Facing a growing crypto-mining sector, the U.S. to require reports of power use by miners
Facing a growing crypto-mining sector, the U.S. to require reports of power use by miners Energize Weekly, February 14, 2024 Faced with a burgeoning cryptocurrency market and its rising demand for electricity, the U.S. government is going to collect monthly data on the industry’s use of power. The federal Energy…
Oak Ridge public-private partnership looks to advance quantum tech for the power grid
Oak Ridge public-private partnership looks to advance quantum tech for the power grid FEBRUARY 1, 2024 A new cooperative endeavor based at Tennessee’s Oak Ridge National Laboratory unites public and private sector players to push forward advancements in the quantum sciences field, particularly for solutions to further secure the U.S.…
Xcel plans higher electric rates during peak evening hours, lower overnight costs
Xcel plans higher electric rates during peak evening hours, lower overnight costs FEBRUARY 6, 2024 Xcel has asked state utility regulators to let it switch Minnesota electric customers to variable rates, which on summer weekdays would be seven times more expensive from 3-8 p.m. than between midnight and 6 a.m.,…
Energy giant Schneider Electric hit by Cactus ransomware attack
Energy giant Schneider Electric hit by Cactus ransomware attack January 29, 2024 Energy management and automation giant Schneider Electric suffered a Cactus ransomware attack leading to the theft of corporate data, according to people familiar with the matter. BleepingComputer has learned that the ransomware attack hit the company’s Sustainability Business…
Energy Department has cyber threats to infrastructure in mind with $70 million funding offer
Energy Department has cyber threats to infrastructure in mind with $70 million funding offer JANUARY 5, 2024 The Department of Energy is offering $70 million in funds toward research and development for technology that would protect delivery infrastructure against cyber-related threats and other physical hazards, part of what a senior…
After referendum, Maine advocates and lawmakers look to bolster utility accountability and performance
After referendum, Maine advocates and lawmakers look to bolster utility accountability and performance January 9, 2024 Following the defeat of a ballot measure that sought to replace Central Maine Power (CMP) and Versant with a consumer-owned power company, policymakers and advocates are looking to explore other ways of further regulating…
FBI: Play ransomware gang has attacked 300 orgs since 2022
FBI: Play ransomware gang has attacked 300 orgs since 2022 December 18th, 2023 The ransomware gang behind several devastating attacks on major American cities has allegedly launched more than 300 successful incidents since June 2022, according to cybersecurity officials in the United States and Australia. The FBI joined the Cybersecurity…
Xcel Energy natural gas, electricity bills to lower in 2024
Xcel Energy natural gas, electricity bills to lower in 2024 Dec 15, 2023 Xcel Energy told Colorado customers Friday that they can anticipate lower heating bills in the first quarter of 2024 because the wholesale cost of natural gas has decreased. Xcel said the average residential natural gas customer could…
What are time-of-use (TOU) rates? How do they work?
What are time-of-use (TOU) rates? How do they work? Dec 6, 2023 Across the country, utilities are beginning to introduce innovative rate structures for residential energy consumers. These rate structures–from time-of-use rates to demand charges to real-time pricing–all have a common goal: to incentivize customers to consume energy when the…
Refunds on horizon for Colorado solar customers facing utility delays, after thousands waited months to connect to the power grid this year
Refunds on horizon for Colorado solar customers facing utility delays, after thousands waited months to connect to the power grid this year DECEMBER 1, 2023 In a state known for its sunshine, Colorado homeowners have been struggling to go solar this year. The Colorado Public Utilities Commission found the utility…
Eversource announces new discount rate to begin Friday in Connecticut
Eversource announces new discount rate to begin Friday in Connecticut Nov 30, 2023 Eversource’s new discount rate for low-income households in Connecticut will start Friday, according to an announcement Thursday from the energy company. The rate is for customers defined as having “financial hardship.” Depending on a household’s income, the…
Security researchers raise concerns regarding electric vehicle chargers
Security researchers raise concerns regarding electric vehicle chargers November 13, 2023 Security researchers have found voltage vulnerabilities while putting home electric vehicle chargers to the test. Consumer Adviser Clark Howard delves into why they want more regulation for manufacturers to keep the power grid safe. Read more
PacifiCorp now wants protection from fire victims
PacifiCorp now wants protection from fire victims November 10, 2023 Oregon’s second-largest electricity provider wants state regulators to protect it from the costs of future lawsuits seeking reimbursement from destructive wildfires. The Oregonian reported that PacifiCorp’s request to the Public Utility Commission (PUC) was made just months after the utility…
AI threats are here. Are Biden and the energy industry ready?
AI threats are here. Are Biden and the energy industry ready? 10/30/2023 The White House launched a new strategy Monday to protect American privacy — and critical infrastructure like the electric grid — from artificial intelligence gone wrong. But as AI creeps into the energy sector, experts say much more…
China-Linked Hackers Breached a Power Grid—Again
China-Linked Hackers Breached a Power Grid—Again SEP 12, 2023 The loose nexus of Chinese-origin cyberspies collectively called APT41 is known for carrying out some of the most brazen hacking schemes linked to China over the past decade. Its methods range from a spree of software supply chain attacks that planted…
FirstEnergy subsidiaries file settlement with the Pennsylvania PUC
FirstEnergy subsidiaries file settlement with the Pennsylvania PUC September 05, 2023 FirstEnergy Corporation’s announced Thursday its subsidiaries – Met Ed, Penelec, Penn Power, West Penn Power, Keystone Appalachian Transmission Company (KATCO), and Mid-Atlantic Interstate Transmission, LLC (MAIT) – had filed settlement agreements with the Pennsylvania Public Utility Commission (Pa PUC)…
Sentar wins grant to boost cyber resilience in US nuclear plants
Sentar wins grant to boost cyber resilience in US nuclear plants Aug 21, 2023 Sentar Inc., a small business specialising in cyber resilience solutions and technology, has been awarded a research grant from the US Department of Energy. The grant will be used to develop a proof-of-concept solution that will,…
How a grid rule change could derail Texas renewables
How a grid rule change could derail Texas renewables 08/04/2023 In the midst of a sweltering summer when renewable energy has helped Texas avoid grid outages despite record demand, wind and solar companies are warning that a proposed rule may cripple their industry. The state’s main grid operator is reviewing…
APS says rate hike vital to keep homes in Phoenix powered, recover infrastructure costs
APS says rate hike vital to keep homes in Phoenix powered, recover infrastructure costs Aug 4, 2023 As a rate increase for Arizona Public Service customers is on the horizon, the president of the company said it is necessary to recover infrastructure costs and to continue powering Phoenix homes. Regaining…
