Utilities Electric Utilities

  • WASHINGTON, Dec 9- Scott Pruitt, Donald Trump's pick to head the U.S. Environmental Protection Agency, has fought President Barack Obama's measures to curb climate change at every turn as attorney general of Oklahoma. That is because a little-used law called the Congressional Review Act allows Congress to erase such' midnight' rules with a simple majority vote,...

  • A final plan released by the U.S. Fish and Wildlife Service would help ensure the Chokecherry- Sierra Madre wind farm in south-central Wyoming does not kill too many bald and golden eagles with its hundreds of spinning turbine blades. Power Company of Wyoming could get two permits as soon as January if Fish and Wildlife gives final approval to the plan.

  • MINEOLA, N.Y.— Commercial fishing companies, trade groups and three fishing-based municipalities are seeking to delay the lease sale of an Atlantic Ocean site between New York and New Jersey that federal officials envision as the home of a massive offshore wind energy project. The Associated Press obtained a copy of a 45- page motion ahead of its filing...

  • New Orleans- based Entergy Corp. and Michigan- based utility, Consumers Energy, said they've agreed to end a power purchase agreement for the plant that year. If ending the purchase agreement is approved by regulators, Entergy said it plans to close the plant Oct. 1, 2018. "We determined that a shutdown in 2018 is prudent when comparing the transaction to the...

  • BEIJING, Dec 8- China General Nuclear Power Corp announced on Thursday that its French subsidiary has acquired part of Irish renewable energy company Gaelectric's wind portfolio:. *Paris- based CGN Europe Energy SAS bought 230 MW of wind energy assets from Gaelectric Holdings plc, CGN said in a statement. In September it bought Belgium's largest onshore wind...

  • TOKYO, Dec 8- Japan's Nikkei share average closed at the highest level since last December on Thursday as upbeat Chinese trade data boosted sentiment, while Tepco shares soared on news Japan will increase an interest-free loan related to its Fukushima costs. Risk appetite got a boost after China reported upbeat trade figures with exports and imports both...

  • TOKYO, Dec 8- Japan's Nikkei share average rose on Thursday, fueled by a further rise on Wall Street, but a stronger yen kept gains in check. On Wednesday, the Dow Jones industrial average and the S&P 500 hit fresh records as equities continued their march upward after the last month's vote for Donald Trump as U.S. president-elect. "The fizz has waned," said Stefan...

  • SYDNEY, Dec 8- London copper futures edged up on Thursday after losses the session before, while Shanghai copper lost more ground on mounting concerns a recent rally pinned on strong physical demand was overstretched. *The most-traded copper contract on the Shanghai Futures Exchange slipped 1.38 percent to 47,270 yuan a tonne. *Asian shares hopped higher on...

  • SANTIAGO, Dec 7- Mining companies in Chile, by far the world's largest copper producer, are examining their energy contracts to see if they can renegotiate terms to incorporate now-cheaper renewable power, company sources say. The moves could also imply major cost savings for Chile's copper industry, which spends around 20 percent of overhead on energy,...

  • CANBERRA, Australia— Australia's prime minister on Wednesday ruled out making power companies pay for greenhouse gas pollution they create— a policy option that angered conservative government lawmakers when proposed by a minister this week. Malcolm Turnbull said a review of the government's climate change policies next year aimed at achieving...

  • BRIDGEWATER, Maine— A Texas company says it's temporarily dropping plans to build in Maine a massive wind farm that would've been the largest of its kind in New England. The Portland Press Herald reports EDP Renewable's Number Nine Wind Farm project manager Katie Chapman on Monday said the company withdrew its application with environmental regulators.

  • SAN FRANCISCO— Google is crossing a milestone in its quest to reduce pollution caused by its digital services that devour massive amounts of electricity. Google says its 13 data centers and offices consume about 5.7 terawatt hours of electricity annually— nearly the same amount as San Francisco, where more than 800,000 people live and tens of thousands of...

  • BERLIN— Germany's highest court opened the way on Tuesday for potentially costly compensation claims from electricity companies over the government's abrupt decision in 2011 to shut down several nuclear reactors and accelerate the closure of the rest. Three big power companies went to the Federal Constitutional Court to argue that the decision...

  • CANBERRA, Australia— Australia will consider making electrical power companies pay for greenhouse gas pollution they create, three years after the government scrapped the national carbon tax, a Cabinet minister said Monday. The conservative government rejected all polluter-pays options in 2014 when it repealed Australia's 3- year-old carbon tax levied...

  • HONG KONG— Australian energy company Duet Group said Monday it's considering a multibillion dollar takeover offer from the infrastructure arm of Hong Kong tycoon Li Ka- shing's business empire. Duet said it recently received an unsolicited cash offer from Cheung Kong Infrastructure Holdings for 3 Australian dollars a share. Cheung Kong Infrastructure...

  • HONG KONG— Australian energy company Duet Group says it's considering a multibillion dollar takeover offer from the infrastructure arm of Hong Kong tycoon Li Ka- shing's business empire. Duet said Monday that it recently received an unsolicited cash offer from Cheung Kong Infrastructure Holdings for 3 Australian dollars a share. Duet operates a 1,600...

  • Dec 2- Windpower developer Deepwater Wind said on Friday its 30- megawatt wind farm located offshore from Block Island, Rhode Island, has completed the testing phase and is expected to start commercial operations in a few days. Deepwater, which is principally owned by an entity of investment firm D.E. Shaw Group, said it is currently finalizing operations...

  • PROVIDENCE, R.I.— There has been a hiccup at the nation's first offshore wind farm as it prepares to start delivering power. Deepwater Wind, which owns the five-turbine farm off Block Island, Rhode Island, says one turbine is not turning. But spokeswoman Meaghan Wims said Friday that will not delay the start-up and the other turbines will begin delivering power for...

  • TRENTON, N.J.— Thomas Edison's door key to the 19th century lab in New Jersey where he invented the phonograph goes up for auction this weekend, along with lightbulbs he perfected. Six keys in all from the famous inventor's Menlo Park home and work place will be auctioned Saturday in Dallas, along with five lightbulbs, including two that he created.

  • LONDON, Dec 2- Energy companies have ploughed more than 1 billion euros into startups as they accelerate their search for innovative new technologies to help defend market share in the face of radical industry change. Total Energy Ventures Amount invested to date: 150 million euros. Engie New Ventures Total fund size: around 150 million euros.