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Utilities Electric Utilities

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  • BEIJING, March 11- China's power generation, an important barometer of economic activity, rose just 1.9 percent in the January to February period from the same period last year, as weaker industrial growth and a milder winter curbed demand. The world's second-biggest economy generated 856.1 billion kilowatt hours of power over the two months, data from China's...

  • March 10- An ambitious plan to put California's renewable energy projects in areas where the environment will face the least harm is getting a major overhaul after years of delays and criticism from developers, environmentalists and counties. Arnold Schwarzenegger, the Desert Renewable Energy Conservation Plan aims to identify 22.5 million acres of land...

  • Japan Feb LNG spot price falls a quarter to $7.60/mmBtu Tuesday, 10 Mar 2015 | 12:20 AM ET

    TOKYO, March 10- Liquefied natural gas spot prices for buyers in Japan fell for the fourth straight month in February, dropping more than a quarter to the lowest price since the survey began last March, trade ministry data showed on Tuesday. Top importer Japan took in record LNG volumes in January, and gas imports in February are expected to have held close to those...

  • OKUMA, Japan, March 9- Norio Kimura lost his wife, father and 7- year-old daughter Yuna in the March 2011 tsunami. Now, he fears he may lose his land, too, as Japan's government wants to build a sprawling radioactive waste storage site in the shadow of the wrecked Fukushima nuclear plant. The March 11, 2011 earthquake and subsequent tsunami tore through coastal towns...

  • LONDON, March 6- While UK stocks have broadly shrugged off the looming general election, some investors are shunning a sector that risks becoming a political punch bag. Domestic utilities including Centrica and SSE have fallen since the start of 2015, even as the FTSE 100 index has hit record highs. The opposition Labour Party is campaigning to give the energy...

  • Aided by foreign technology acquired during three decades of development, China has the highest number of reactors being built and ambitions to export its home-grown models to an overseas market worth hundreds of billions of dollars. And in a sign of progress on exporting its own nuclear technology, China signed a preliminary agreement last month to sell its...

  • HONG KONG, March 6- Shares in Hanergy Thin Film Power Group fell as much as 9 percent on Friday, a day after the Hong Kong bourse asked the Chinese company about a stock price surge that transformed it into the world's most valuable renewable energy firm. The gain has outstripped the average 13 percent rise in the TRBC index that tracks Chinese renewable energy...

  • CAPE TOWN, March 5- South Africa's hopes of becoming one of the world's top renewable energy hubs are dimming due to poor infrastructure and delays as cash-strapped state utility Eskom is distracted by a scramble to keep the lights on. Upgraded technology and lower costs have enhanced the appeal of clean energy in Africa, as firms such as Enel Green Power and E.ON...

  • *China targets "zero-growth" for coal in key areas- Premier Li. *China to reduce its energy intensity by 3.1 pct in 2015. BEIJING, March 5- China will boost efforts this year to rid itself of a strong addiction to coal in a bid to reduce damaging pollution as well as cut the energy intensity of its economy, which is expected to grow at its lowest rate in 25 years.

  • March 4- U.S. solar project developer SunEdison Inc is expanding into the fast-growing market for grid energy storage with the acquisition of a startup that pairs big batteries with solar installations. SunEdison said its purchase of Solar Grid Storage LLC, to be announced on Thursday, will allow it to begin building a storage plan across the country, Tom Leyden,...

  • TOKYO, March 5- The fight over restarting Japan's nuclear industry is moving to the courts, where power companies face the risk of further delays in firing up idled reactors if judges side with local residents worried about nuclear safety. And while ruling politicians and Japan's bureaucracy are pushing the restarts, the judiciary- which typically sided with...

  • *Israel, Iran tight-lipped on decades-old arbitration. *Pressure in Israel to remove secrecy. But since the 1979 revolution that brought the ayatollahs to power, Iran has been demanding its share of revenues and assets that remained in Israel.

  • Why more conservatives are backing solar power Monday, 2 Mar 2015 | 1:48 PM ET
    Barry Goldwater Jr. speaks against a proposed tax to be levied against residential solar leasing companies, June 4, 2014, in Phoenix.

    The myth that only liberals support solar technology is being shattered by loud voices coming from the right.

  • As New England freezes, natural gas stays cheap Sunday, 1 Mar 2015 | 9:00 AM ET

    NEW YORK, March 1- What a difference a year makes. New England' s power grid operator, ISO New England, provided incentives to encourage generators to lock in oil and gas supplies early, offering an end-of-season cash payout to cover any excess costs from unused fuel supplies, among other things. "Both the region's power grid and its resources have been operating well...

  • WASHINGTON/ NEW YORK, Feb 26- A bill to give Puerto Rico's ailing public utilities a way to restructure debt under the U.S. bankruptcy code drew skepticism from congressional Republicans but support from Democrats, who said it would relieve the island's problems. The Republican-controlled Judiciary subcommittee on regulatory reform of the House of...

  • NEW YORK, Feb 26- Bondholders are split on a proposed bill to give Puerto Rico's ailing public agencies a way to restructure debt under U.S. bankruptcy law, with some saying it would give confidence to the market and others arguing it is a "Wild West" solution. The bill to give Puerto Rico's agencies the ability to file under Chapter 9 of the U.S. bankruptcy code- used by...

  • WILLISTON, N.D., Feb 25- Senator Heidi Heitkamp of North Dakota will re-introduce legislation on Thursday designed to encourage the development of clean coal technologies that could keep the fuel a key source of American power generation. The bill, which is likely to be popular in the Republican-controlled U.S. Senate but face opposition from the White House,...

  • ATHENS, Feb 25- Greece will not go ahead with privatizing its dominant electricity utility PPC or power grid operator ADMIE, Energy Minister Panagiotis Lafazanis said, despite promising its creditors not to halt sales that are underway. The Public Power Corporation has already launched a tender to sell a 66 percent stake in its power grid operator ADMIE, and...

  • ATHENS, Feb 25- Greece will not go ahead with privatising its dominant electricity utility PPC or power grid operator ADMIE, Energy Minister Panagiotis Lafazanis said, despite promising its creditors not to halt sales that are underway. The Public Power Corporation has already launched a tender to sell a 66 percent stake in its power grid operator ADMIE, and...

  • Feb 24- U.S. solar company First Solar Inc on Tuesday reported sharply higher quarterly earnings in part due to the sale of a large California solar power plant to Southern Co.. For the first quarter, First Solar forecast sales of $550 million to $650 million and a loss of 25 cents to 35 cents a share. On Monday, First Solar and SunPower said they were in talks to bundle...