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Utilities Electric Utilities

  • SINGAPORE, Nov 2- Indonesia and Vietnam are looking to join Thailand in blazing a trail for solar power in Southeast Asia, introducing targets to fire up green energy generation as a landmark global agreement to curb pollution is set to take effect this week. The nation currently has the highest installed solar capacity in Southeast Asia, with a government...

  • *Japan firms wary of investment environment in Russia. TOKYO, Nov 2- Japan's government is lobbying its firms to invest in Russian projects to help secure a breakthrough in a festering territorial row with Moscow when President Vladimir Putin visits Japan in December, sources told Reuters. The dispute over four islands north of Japan's Hokkaido, called the...

  • SYDNEY, Nov 1- Australia's increasingly protectionist stance is dissuading Chinese and other foreign investors from bidding in major asset sales, political and corporate advisers say, potentially reducing competition and hurting prices. The New South Wales state government's decision last month to accept a $12.5 billion offer from local pension funds...

  • *Portugal renewables tax, Trump win could weigh on stock. PARIS, Oct 28- The best performer in Europe's turbulent utilities industry is a little-known Portuguese renewables company whose media-shy chief executive has won the confidence of investors in an unpredictable industry. Despite such challenges, EDPR has built a record for reliability, developing a...

  • TOKYO, Oct 28- Kansai Electric Power Co and three other energy utilities based in western Japan on Friday denied a report in the Nikkei newspaper that they are considering a tie-up in their nuclear businesses, which are struggling after the Fukushima disaster. The Nikkei added the moves could lead to a full merger of the companies' nuclear operations as part of a...

  • Installations of wind capacity fell to 895 megawatts during the quarter from 1,603 a year earlier, according to a quarterly report by the American Wind Energy Association. All of the capacity added during the quarter was in two states: Texas, the nation's top state for installed wind capacity, and Minnesota. The pace of wind energy development has been highly...

  • EXCLUSIVE-GENERAL ELECTRIC WINS $900 MILLION BRAZIL POWER PLANT, GRID CONTRACT- EXECS.

  • ATHENS, Oct 26- Greece's power utility Public Power Corp. said on Wednesday that China's State Grid was the highest bidder for a minority stake in the country's power grid operator ADMIE. PPC said State Grid offered 320 million euros for a 24 percent stake in the operator. PPC said its board would decide on the preferred bidder on Oct. 31, while the final decision...

  • Home Depot trucks sits parked in a parking lot at a Home Depot store in Daly City, California.

    Home Depot slashed its stores' carbon footprint by using Bloom Energy fuel cell servers and it will partner with Southern Company to cut further.

  • SOFIA, Oct 25- Bulgaria's energy ministry said on Tuesday an upgrade of one of the Soviet-era reactors at the country's sole Kozloduy nuclear plant had been completed, extending its lifespan by 30 years. The Kozloduy plant, by the river Danube on the border with Romania, has two 1,000 megawatt reactors that produce about 33 percent of Bulgaria's electricity.

  • *Says wind power generation well-suited to Sweden. SINGAPORE, Oct 25- Sweden is on track to produce all its energy from renewable sources by 2040, a top regulatory official from the country said late on Monday. "We are not densely populated, we have a lot of good places to put land-based large-scale wind and there is large potential for that in Sweden," Vadasz Nilsson...

  • Supplying electricity to the Philippines' 7,500 islands

    Meralco PowerGen's Aaron Domingo talks about power supply security and renewable energy in the Philippines.

  • *China coal futures graphic: http://tmsnrt.rs/2ebqQTL. The majority of analysts had expected China-- the world's biggest coal producer, consumer and importer-- to import less of the fuel in 2016 because of a slowing domestic economy and an official push to limit use of more polluting energy sources. This was a blunt measure that appears to have been enforced...

  • Oct 19- An energy industry coalition including competitive non-nuclear electricity producers sued on Wednesday to oppose a plan to subsidize nuclear power plants in New York State. The lawsuit in federal court said the New York Public Service Commission's plan to raise electric rates across the state by requiring consumers to pay for zero emission credits,...

  • *China coal futures graphic: http://tmsnrt.rs/2ebqQTL. The majority of analysts had expected China-- the world's biggest coal producer, consumer and importer-- to import less of the fuel in 2016 because of a slowing domestic economy and an official push to limit use of more polluting energy sources. This was a blunt measure that appears to have been enforced...

  • Oct 18- The U.S. government will impose new federal rules to reduce the risk of leaks at natural gas storage facilities in the wake of last year's massive methane release at California's Aliso Canyon, a task force said on Tuesday. Operators should phase out "single point of failure" designs, which hindered the ability to swiftly control and repair the leak at Aliso...

  • *China coal futures forward curve: http://tmsnrt.rs/2ebqQTL. SINGAPORE, Oct 18- As Australian thermal coal prices hit $100 per tonne on Tuesday for the first time since 2012, the fuel's rally is now among the commodity's top-three bull-runs on record. With Australian Newcastle spot cargo prices for November, up almost 100 percent since June to $100 per tonne,...

  • LONDON, Oct 18- U.S. coal producers have been struck by a range of structural and cyclical factors that hit consumption hard and forced many of them to seek bankruptcy protection during 2015 and 2016.. And the amount of electricity generated from coal has fallen by almost 37 percent from 1,087 terawatt-hours in January- July 2010 to 686 terawatt-hours in the...

  • TOKYO, Oct 17- The election of an anti-nuclear governor in a region north of Tokyo further challenges Prime Minister Shinzo Abe's energy policy and could mean Japan continues to rely on coal-fired electricity, undermining its efforts to reduce carbon emissions. Yoneyama's election also means Japan will keep using record levels of carbon-emitting coal to...

  • SINGAPORE, Oct 17- The liquefied natural gas sector has watched with joy how thermal coal prices have soared this year, hoping that the unexpected spike would at last make LNG price competitive in Asia. Despite an over 90 percent coal price rally to almost $100 a tonne, and even with relatively low LNG prices of $6.50 per million British thermal units, versus $20 per...