utilities Archives - Carrier Management

Utility Investors Wary of Exposures After Buffett’s PacifiCorp Held Liable for Wildfires

Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become used to having their power lines and ...

California Utility Shuts Power for 60,000 People to Prevent Wildfires

PG&E Corp. has deliberately left customers in the dark for the first time as a precaution to prevent wildfires from breaking out. Almost 60,000 customers in six counties across the Sierra Nevada ...

Berkshire Hathaway’s $9B Oncor Purchase Agreement Represents Big Bet on Power

Warren Buffett's Berkshire Hathaway Inc said on Friday it agreed to pay $9 billion to buy the parent of Texas power transmission company Oncor Electric Delivery Co, stepping up its pursuit of steady ...

Your Toaster Could be at Risk for a Cyber Attack

Hijacking "smart" toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cyber security experts as an increasing array of items are connected to ...

Ukraine Grid Attack Sparks Worry Among U.S. Utilities About Getting Cyber Cover

U.S. utilities are looking hard at their cyber vulnerabilities and whether they can get insurance to cover what could be a multi-billion dollar loss after hackers cut electric power to more than ...

Germany Approves Draft Law Extending Nuclear Liability for Utilities

German Chancellor Angela Merkel's cabinet approved a draft law on Wednesday which ensures that utility companies remain liable for costs associated with the shutdown of the country's nuclear power ...

Smart Tech Creates New Risks for Energy Industry

Last November, Felix Lindner came very close to shutting down the power supply of Ettlingen, a town of almost 40,000 people in the south of Germany. "We could have switched off everything: power, ...