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  • BEIJING, March 9- The world's first Westinghouse AP1000 nuclear reactor will go into operation in June next year, more than three years behind the original schedule, the head of China's leading state nuclear project developer said. "We are forecasting that if everything goes smoothly, the first unit will go into operation in June 2017, and the second unit at the end...

  • *Hinkley Point a central part of UK energy strategy. LONDON, March 8- Management upheaval at EDF has exposed Britain's reliance on the French energy group's ability to deliver a planned 18 billion pound nuclear power plant in southwest England. For Britain, a slippage beyond 2025 would threaten the security of electricity supply to its millions of households as...

  • BOGOTA, March 7- Colombia's Mines and Energy Minister Tomas Gonzalez has resigned his post, President Juan Manuel Santos said on Monday, amid a series of energy generation problems sparked by drought. Colombia has suffered from a severe drought across much of the nation since the El Nino weather phenomenon began last year and dropping water levels at...

  • LONDON/ DUESSELDORF, March 6- Germany's second-largest utility, RWE, plans to cut about 2,500 jobs at npower, a source close to the matter said, as it confronts customer losses and billing issues at its struggling British subsidiary. In Britain, tougher competition has caused a loss of about 200,000 customers in the first nine months of the year, compared with...

  • LONDON, March 6- RWE's British business npower plans to cut about 2,500 jobs as it seeks to improve its financial performance, Sky News reported on Sunday, citing unidentified sources. RWE said in a trading update in November that npower had lost about 200,000 customers in Britain since the start of the year, sending the division to an unexpected operating loss of...

  • BEIJING, March 5- China will limit coal production and coal-fired power generation capacity this year, and keep total energy consumption under control, the country's top economic planner said in a work report at the opening of the annual meeting of parliament. The National Development& Reform Commission also said China will cut emissions of carbon dioxide for...

  • BEIJING, March 3- China plans to set up a market for renewable energy certificates to try to increase the use of cleaner energy as the world's largest greenhouse gas producer tries to reduce its reliance on coal. China aims to increase the use of non-fossil fuel in the primary energy mix to 15 percent by 2020 from the current 12 percent. It plans to boost the share of...

  • TOKYO, March 2- Japan's Marubeni Corp and Egypt's El Sewedy Electric have agreed with Egypt's state-run electricity utility to conduct a feasibility study into the construction of a coal-fired power plant in Egypt. Earlier this week, Japanese Prime Minister Shinzo Abe said after meeting with Egyptian President Abdel Fattah al-Sisi in Tokyo that Japanese...

  • WASHINGTON, March 1- A group of engineers within the U.S. nuclear power regulator is concerned that a design flaw in nearly all U.S. nuclear plants could endanger emergency core cooling systems. Seven engineers late in January petitioned the Nuclear Regulatory Commission to order immediate enforcement actions against licensees of U.S. nuclear power plants,...

  • But neighboring Nevada scrapped the policy- prompting solar companies to flee the state. More than 25 of the 40 U.S. states with net metering policies are reconsidering them, according to the North Carolina Clean Energy Technology Center at North Carolina State University. For most customers, net metering and other incentives are essential to make solar power...

  • BRASILIA, Feb 26- The head of Brazil's electricity regulator, Romeu Rufino, told Reuters on Friday he favors allowing troubled Spanish multinational Abengoa SA to sell its power concessions in the country, but does not rule out taking them back if the company cannot find a buyer. Brazilian media reported earlier this month that the government was considering...

  • BRATISLAVA, Feb 25- Slovakia's economy ministry said on Thursday it had signed a memorandum of understanding for U.S. energy firm Theta Energy to potentially invest $600- 800 million to modernise the Vojany power station in the east of the country. The loss-making power station is operated by Slovak power utility Slovenske Elektrarne, in which the state owns 34...

  • *Energy Capital to buy $150 mln of Dynegy shares at $10.94/ shr. *Energy Capital to own about 15 pct of Dynegy post deal. Dynegy will invest about $770 million and Energy Capital will invest about $415 million in the joint venture, expected to generate about $90 million in annual synergies.

  • *Energy Capital to buy $150 mln of Dynegy shares at $10.94 each. *Energy Capital to own about 15 pct of Dynegy post deal. Dynegy and Energy Capital are set to invest about $770 million and $415 million respectively in the joint venture.

  • Feb 25- Electric power company Dynegy Inc said it will form a joint venture with Energy Capital Partners to buy Engie's U.S. fossil portfolio worth $3.3 billion. Dynegy will own 65 percent of the joint venture and private-equity firm Energy Capital will own the rest, Dynegy said on Thursday. Energy Capital will also purchase $150 million of Dynegy stock at $10.94...

  • Dividend cuts were inevitable: Fund manager

    Toby Thompson, fund manager at Brooks Macdonald Funds, says dividend cuts by commodities companies such as Rio Tinto were sensible.

  • 2015 was a good year: Iberdrola CEO

    Ignacio Galán, chairman and CEO of Iberdrola, discusses his company's earnings and conditions in the Spanish economy.

  • LONDON, Feb 23- At least one person was killed and three others were missing after a building collapsed on Tuesday at a disused British power plant, the local fire service said. "I can confirm search operations are in progress and that there has been one fatality, five persons have been taken to hospital and three persons are currently missing," Oxfordshire Fire...

  • SAO PAULO, Feb 22- Brazil's unregulated electricity market, where consumers negotiate power supplies directly with generators and traders, is growing rapidly and should expand about 30 percent this year, hurting power distributors, according to experts. "We have observed stronger migration to the unregulated market since late last year," said Rui Altieri, head...

  • BERLIN, Feb 22- Germany is willing to shield its utility companies from the risk of rising costs linked to the country's nuclear exit, according to a draft report from a government-appointed committee seen by Reuters on Monday. The report recommends that Germany's "big four" utilities-- E.ON, RWE, EnBW and Vattenfall-- transfer the provisions set aside to pay for...