FRANKFORT, Kentucky, Feb. 8 -- The Kentucky Public Service Commission (PSC) has fined Duke Energy Kentucky $112,000 for violating state law related to its Annual Budget Billing (ABB) practices. The decision follows an investigation into whether Duke Energy Kentucky improperly billed customers under its gas and electric ABB tariffs, similar to issues identified in a previous case. The PSC found that Duke Energy Kentucky violated KRS 278.160(2) by using an incorrect divisor for calculating electr  more

FRANKFORT, Kentucky, Feb. 8 -- The Kentucky Public Service Commission (PSC) has scheduled a hearing for Duke Energy Kentucky's application to adjust electric rates, approve new tariffs, establish regulatory assets and liabilities, and seek other related approvals. The hearing is set for May 21, 2025, at 9 a.m. Eastern Daylight Time at the PSC's offices in Frankfort. The hearing, related to Case No. 2024-00354, will continue until the presiding officer adjourns it. The PSC has stipulated that if  more

FRANKFORT, Kentucky, Feb. 8 -- The Kentucky Public Service Commission (PSC) has approved Duke Energy Kentucky's annual cost recovery filing for demand-side management (DSM) programs. The filing, submitted November 1, 2024, includes adjustments to the DSM cost recovery mechanism for both gas and electric services, along with amended tariff sheets. Duke Energy Kentucky reported meeting with Residential and Commercial & Industrial Collaboratives, who agreed with the application. Following a five-m  more

BURLINGTON, Massachusetts, Feb. 6 [Category: BizConsulting] -- DNV, a provider of classification, technical assurance, software and independent expert advisory services, posted the following news: * * * 'Substantial green prize' lies ahead for UK as it decarbonizes economy, says DNV The UK's energy transition will deliver a cleaner, more efficient, and less expensive energy system, according to DNV's 2025 UK Energy Transition Outlook (ETO) report. SHARE: * Forecasted progress of the UK'  more

KONGENS LYNGBY, Denmark, Feb. 8 -- The Technical University of Denmark issued the following news: * * * DTU researchers must find solutions for the green transition Four new research teams have been selected to draw the research profile of the green business park GreenLab over the next few years. Three of them come from DTU. In June 2024, Villum Foundation donated DKK 25 million to support the ongoing research collaboration between DTU, Danish universities, and GreenLab. The application proc  more

LONDON, England, Feb. 7 -- BloombergNEF, a part of Bloomberg, issued the following news release: * * * Global Cost of Renewables to Continue Falling in 2025 as China Extends Manufacturing Lead: BloombergNEF New York/ London, February 6, 2025 - The cost of clean power technologies such as wind, solar and battery technologies are expected to fall further by 2-11% in 2025, breaking last year's record. According to a latest report by research provider BloombergNEF (BNEF), new wind and solar farms  more

LONDON, England, Feb. 7 -- Friends of the Earth UK issued the following news release: * * * Govt to make it easier to build new nuclear reactors Ministers should focus on renewables and better energy storage - not overblown, costly hype offered by the nuclear industry Reacting to government plans to make it easier to build mini nuclear power stations in England and Wales, Friends of the Earth's head of policy, Mike Childs, said: "Nuclear power is extremely expensive and creates a legacy of  more

WASHINGTON, Feb. 7 -- Battery Council International issued the following news release: * * * On National Battery Day 2025, "Homegrown" Energy Storage Industry is More Critical than Ever Our American Battery Industry Collectively Powers Roughly 20% of the U.S. Economy U.S. battery companies have a 125+ year track record of delivering reliable energy storage to our nation. But don't take that for granted. On National Battery Day 2025, it's more important than ever to acknowledge the critical r  more

RICHMOND, Virginia, Feb. 7 (TNSres) -- Virginia Commonwealth University issued the following news on Feb. 5, 2025: * * * Nearly 8 in 10 Virginians support HBCU funding; 69% oppose university presidents serving on governing boards. * * * Today, the L. Douglas Wilder School of Government and Public Affairs at Virginia Commonwealth University released findings on key policy issues from its latest Commonwealth Poll, conducted between Dec. 18, 2024, and Jan. 15, 2025. Abortion rights Over 60 pe  more