Utilities Electric Utilities

  • Utility workers gather in a mall parking lot before the arrival of Hurricane Matthew in Sanford, Florida, U.S., October 6, 2016.

    Southeastern utilities battered by devastating storms a decade ago have spent years fortifying their systems. Now they're getting a big test.

  • But coal is still the world's second primary fuel after oil, according to the International Energy Agency. The price recovery is a boon for mining companies, such as Whitehaven Coal, Rio Tinto, and Glencore, and stands in sharp contrast to forecasts by Goldman Sachs and the International Energy Agency, who have said coal is in terminal decline.

  • But coal is still the world's second primary fuel after oil, according to the International Energy Agency. The price recovery is a boon for mining companies, such as Whitehaven Coal, Rio Tinto, and Glencore, and stands in sharp contrast to forecasts by Goldman Sachs and the International Energy Agency, who have said coal is in terminal decline.

  • But coal is still the world's second primary fuel after oil, according to the International Energy Agency. The price recovery is a boon for mining companies, such as Whitehaven Coal, Rio Tinto, and Glencore, and stands in sharp contrast to forecasts by Goldman Sachs and the International Energy Agency, who have said coal is in terminal decline.

  • But coal is still the world's second primary fuel after oil, according to the International Energy Agency. The price recovery is a boon for mining companies, such as Whitehaven Coal, Rio Tinto, and Glencore, and stands in sharp contrast to forecasts by Goldman Sachs and the International Energy Agency, who have said coal is in terminal decline.

  • But coal is still the world's second primary fuel after oil, according to the International Energy Agency. The price recovery is a boon for mining companies, such as Whitehaven Coal, Rio Tinto, and Glencore, and stands in sharp contrast to forecasts by Goldman Sachs and the International Energy Agency, who have said coal is in terminal decline.

  • LONDON, Oct 4- The United States is experiencing a structural increase in gas demand with more gas-fired power stations operating more hours per year and consuming a record volumes of gas. But domestic gas production is turning down, with output nearly 4 percent lower in July 2016 compared with July 2015. U.S. power producers had 448 gigawatts of gas-fired...

  • LONDON, Oct 4- The United States is experiencing a structural increase in gas demand with more gas-fired power stations operating more hours per year and consuming a record volumes of gas. But domestic gas production is turning down, with output nearly 4 percent lower in July 2016 compared with July 2015. U.S. power producers had 448 gigawatts of gas-fired...

  • OTTAWA, Oct 4- Canada's nuclear regulator is so bad at paperwork that it cannot prove it is properly inspecting nuclear power stations and ensuring operators follow the rules, the country's official environmental watchdog said on Tuesday. In an audit, Environment Commissioner Julie Gelfand also highlighted what she said were staff shortages at the Canadian...

  • SINGAPORE/ LONDON, Oct 4- Physical thermal coal prices hit their highest level since the start of 2014 on Tuesday after tougher Chinese transport rules raised freight costs, adding to the earlier impact of Chinese caps on mining. The biggest impact has been on Australian coal, the main price benchmark for the Asia/Pacific region, and a core supplier to China.

  • SINGAPORE/ LONDON, Oct 4- Physical thermal coal prices have jumped to fresh two-and-a-half year highs as stricter rules in China for transporting the world's most important power generation fuel add to the impact of earlier Chinese caps on coal mining. Prices were given a further boost in late September when China's Transport Ministry introduced stricter...

  • SINGAPORE, Oct 4- Key thermal coal prices have jumped to fresh two-and-a-half year highs as stricter rules in China for transporting the world's most important power generation fuel add to the impact of earlier Chinese caps on coal mining. Prices were given a further boost in late September when China's Transport Ministry introduced stricter land transport...

  • SAO PAULO, Oct 3- Brazil's BNDES, Latin America's largest development bank, said on Monday it will no longer finance coal-fired or oil-fired power plants in a push to discourage carbon-intensive energy projects. Brazil has financed big coal projects in the past, including a large 300- megawatt plant built by one of the companies controlled by former...

  • A man walks past Deutsche Bank offices in London.

    German politicians have accused the US of waging economic war against Germany over the future of Deutsche Bank, its biggest lender, The FT reports.

  • SHANGHAI, Sept 30- China General Nuclear Power Corporation expects its plans for a new China- led nuclear power plant in Britain to win government approval within five years, the firm's chairman said in comments reported by state media late on Thursday. He Yu said his company would start preparing for a plant in Bradwell-on-Sea in southeast England, after...

  • LONDON, Sept 29- A $24- billion deal to build Britain's first new nuclear power station in decades was signed behind closed doors in London on Thursday in a private ceremony that underlined Prime Minister Theresa May's cautious approach to the Franco-Chinese project. Journalists were not invited to the event but the government said the contract had been...

  • ABUJA, Sept 29- Nigeria's Dangote Cement has turned to locally-mined coal to power its plants in a bid to end disruptions caused by gas shortages and lower its production costs. However, gas shortages have plagued the West African nation, with militants in the oil heartland of the Niger Delta regularly disrupting Nigeria's oil and gas production.

  • *Japan nuclear industry hobbled by shutdowns after Fukushima. TOKYO, Sept 29- Three Japanese conglomerates are in talks to combine their loss-making domestic nuclear fuel operations, people with direct knowledge of the matter said, as the outlook for restarts of reactors following the Fukushima nuclear crisis remains bleak. Only three of Japan's 42 reactors...

  • *Japan nuclear industry hobbled by shutdowns after Fukushima. TOKYO, Sept 29- Three Japanese conglomerates are in talks to combine their loss-making domestic nuclear fuel operations, a person with direct knowledge of the matter said, as the outlook for restarts of reactors following the Fukushima nuclear crisis remains bleak. Public opposition as well as...

  • SYDNEY, Sept 29- Power was restored to the state of South Australia on Wednesday after storms a day earlier caused an unprecedented statewide blackout which disrupted operations at mining majors like BHP Billiton's, closed ports and halted public transport. Coal-fired power plants dominate the country's power sector resulting in Australia being one of the...