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Utilities Electric Utilities

  • 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...

  • *Nuclear industry hobbled by shutdowns after Fukushima. TOKYO, Sept 29- Hitachi Ltd, Toshiba Corp and Mitsubishi Heavy Industries Ltd aim to merge their nuclear fuel businesses, a person with direct knowledge of the talks said, amid bleak prospects for Japan's atomic reactors to return to operation after the Fukushima disaster. Over five years after an...

  • LONDON/ PARIS, Sept 28- The British government and France's EDF will officially sign a contract to build Britain's first new nuclear power plant in a generation on Thursday, after months of wrangling over the involvement of EDF's Chinese partner, sources said. The delay strained Britain's ties with China just as it is trying to reach out to non-European trading...

  • Ontario has announced it is to "immediately suspend" the second phase of its Large Renewable Procurement process.

  • They argue that the EPA overstepped its regulatory authority under the federal Clean Air Act when the agency issued rules to curb greenhouse emissions mainly from coal-fired power plants. Tuesday's highly anticipated arguments drew a crowd of hundreds at sunrise to watch the opponents face off against the EPA, 18 states and some supportive power companies.

  • They argue that the EPA overstepped its regulatory authority under the federal Clean Air Act when the agency issued the rules, which would curb greenhouse emissions mainly from coal-fired power plants. During Tuesday's highly anticipated arguments, which drew hundreds of lawyers, journalists and others to queue-up at the court at sunrise to watch...

  • TORONTO, Sept 27- Ontario will scale back its purchase of renewable power in a move expected to result in savings of up to$ C3.8 billion from a 2013 forecast, the provincial government said on Tuesday. It's not clear consumers will benefit directly, though the province's Energy Minister Glenn Thibeault told a news conference a residential household can expect to...

  • LONDON, Sept 27- Standard Chartered has referred allegations of impropriety at an Indonesian power company that the bank's private equity arm invested in to the appropriate authorities, the bank said on Tuesday. The Wall Street Journal earlier reported the bank faced an investigation by the U.S. Department of Justice into whether StanChart failed to stop...

  • *Neoen wants to raise 200- 300 mln euros in capital increase. In December, it stole a march on EDF by opening a 300 megawatt solar farm- Europe's biggest- near Bordeaux, which will sell power more cheaply than the new nuclear reactors EDF plans to build in Hinkley Point, Britain. To fund this, it is considering a 200- 300 million euro capital increase.

  • They argue that the EPA overstepped its regulatory authority under the federal Clean Air Act when the agency issued the rules, which the U.S. Supreme Court has put on hold while the case is litigated. "It's an invasion, in our estimation, of the state regulatory domain," Scott Pruitt, the Republican attorney general of Oklahoma, one of the states suing the EPA, said at a...

  • LONDON, Sept 27- Volkswagen's admission it cheated pollution law has exposed a wider problem of diesel emissions from thousands of generators belching fumes across building sites and countryside. In London, where the pollution is aggravated by a construction boom, a firm that helped expose the extent of the Volkswagen scandal has shifted its attention to...

  • NRG Energy has won the auction for bankrupt renewable power plant developer SunEdison's wind and solar projects in Texas and other states.