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Utilities Electric Utilities

  • BUENOS AIRES, Oct 7- Argentina expects investment of $1.8 billion from 17 renewable energy projects awarded in an auction to generate 1,109 megawatts of power, the government said on Friday, as it tries to lessen dependence on imported power. The average winning price was $59.4 per megawatt hour and $59.7 per megawatt hour for solar. Argentina received a total of...

  • Oct 7- Almost 1.1 million homes and businesses were without power Friday afternoon as Hurricane Matthew blasted Florida, Georgia and North and South Carolina, electric companies said. The outages are not as high as utilities had forecast and not expected to reach those levels because the storm has already passed most of the heavily populated southern part of...

  • BUENOS AIRES, Oct 7- Argentina expects to receive investment of $1.8 billion after auctioning off 1,109 megawatts worth of alternative energy projects, mostly in wind and solar, Undersecretary of Renewable Energy Sebastian Kind said on Friday.

  • Oct 7- Electricity companies in Florida said Hurricane Matthew knocked out power to almost 800,000 homes and businesses on Friday as the storm blasted the state's east coast. Matthew, the first major hurricane threatening a direct hit on the United States in more than 10 years, lashed Florida with heavy rain and wind, after killing more than 800 people in Haiti as...

  • Oct 7- Electricity companies in Florida said Hurricane Matthew knocked out power to almost 600,000 homes and businesses on Friday as the storm blasted the state's east coast. Matthew, the first major hurricane threatening a direct hit on the United States in more than 10 years, lashed Florida with heavy rain and wind, after killing at least 478 people in Haiti as...

  • Oct 7- Electricity companies in Florida said Hurricane Matthew knocked out power to over 300,000 homes and businesses on Friday as the storm blasts the state's east coast. NextEra Energy Inc's FPL power company, the biggest in Florida, forecast on Thursday that Matthew could leave as many as 2.5 million homes and businesses without service, some for extended...

  • FRANKFURT, Oct 7- Shares in Innogy, comprising the healthier assets of struggling power group RWE, hovered around their issue price in their stock market debut on Friday after Germany's largest listing in 16 years. Innogy, valued at roughly 20 billion euros, bundles the networks, renewables and retail business of RWE, Germany's second-largest utility.

  • SAO PAULO, Oct 6- An internal probe at Brazil's Eletrobras is finding signs of corruption in as many as seven large projects at the state-led utility in addition to the two facilities where police have already made arrests in a graft probe, a source with direct knowledge of the situation told Reuters. The findings of the internal investigative task force is the...

  • 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...