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  • BERLIN, Oct 24- Utilities RWE, Vattenfall and Mibrag will start shifting coal-fired power plant capacity to Germany's power reserve at the start of the European winter next year as part of a plan to reduce carbon emissions, the government said. Germany in July abandoned plans for a levy on coal-fired power plants and instead said it would pay companies to shift...

  • WASHINGTON/ SAN FRANCISCO, Oct 21- Apple announced Wednesday it will build 200 megawatts of solar energy projects in China and work with local suppliers to source more renewable energy, its latest moves to green its Chinese supply chain amid criticism that its local partners are heavy polluters. "These projects go beyond Apple's operations in China to help our...

  • *Xi visit clinches Chinese nuclear deal in Britain. *Britain clinches around $62 bln in deals during Xi visit. LONDON, Oct 21- Chinese President Xi Jinping has sealed a multi-billion dollar deal to finance nuclear power stations in Britain, crowning a visit that Prime Minister David Cameron hopes will unleash a wave of investment from the world's second largest...

  • *China's CGN to take 33.5 pct stake in Hinkley Point. LONDON/ PARIS, Oct 21- China has agreed to invest 6 billion pounds in EDF's Hinkley Point nuclear project, Britain's first new nuclear plant in a generation, in return for help to bring its own nuclear technology to the West in a subsequent project. The project at Hinkley Point will be the first new nuclear plant...

  • *China's CGN to take 33.5 pct stake in Hinkley Point. LONDON/ PARIS, Oct 21- China has agreed to invest 6 billion pounds in EDF's Hinkley Point nuclear project, Britain's first new nuclear plant in a generation, in return for help to bring its own nuclear technology to the West in a subsequent project. The deal, announced as part of Chinese President Xi Jinping's state...

  • LONDON/ PARIS, Oct 21- China's CGN has agreed to invest 6 billion pounds in French utility EDF's Hinkley Point C nuclear power station project in Britain, the companies announced on Wednesday during Chinese President Xi Jinping's state visit to Britain. China General Nuclear will take a 33.5 percent stake in the 18 billion-pound project in southwest England,...

  • Will a new UK power station fill the energy gap? Tuesday, 20 Oct 2015 | 3:30 AM ET
    Will a new UK power station fill the energy gap?

    Paul Dorfman, senior research assiocate at the Energy Institute in University College London, criticises the plans for a new U.K. nuclear power station because it could be too expensive and take too long to build.

  • Oct 20- Dave Ulery was set to build his "forever home" on his family's 26- acre property near the Ozark mountain foothills in Arkansas when a knock on the door heralded trouble. The visitor represented Clean Line Energy Partners LLC, a Texas company established to build transmission lines for carrying wind and solar power. Already this year, regulators in Missouri...

  • NEW DELHI, Oct 19- India is talking to South Africa to buy coal mines there to feed its expanding steel industry, Coal Secretary Anil Swarup said, adding that New Delhi also hopes to stop imports of coal used to generate power in three years as domestic output jumps. After years of poor production crippling power supply, state-run Coal India is boosting output at a...

  • The court did not act on related petitions concerning a similar program in New Jersey, meaning that case will likely be held for the ruling in the Maryland case. The Maryland and New Jersey programs were challenged by power company PPL Corp and other generators. New Jersey and Maryland appealed those rulings to the Supreme Court.

  • *Power output hit by declining downstream demand. BEIJING, Oct 19- China generated 454.8 billion kilowatt-hours of power in September, down 3.1 percent from the same month last year, the country's statistics bureau said on Monday, with industrial demand still under pressure as the economy slows. With China trying to ease its fossil fuel dependence, the slowdown...

  • PARIS, Oct 18- EDF hopes to announce a deal with Chinese investors to build a nuclear plant at Hinkley Point, Britain, in the coming days, the French utility's chief executive said on Sunday. "Britain is not giving guarantees to do us a favor, but because Hinkley Point will provide power 24 hours a day for 60 years. The 16 billion pound project to build two Areva- designed...

  • The Department of Commerce, Department of Labor, Small Business Administration and the Appalachian Regional Commission combined resources to award their first grants to 36 projects. "These federal investments will provide critical leverage for local leaders to make things happen in Appalachian communities," said Earl Gohl, chair of the Appalachian...

  • BERLIN, Oct 14- German Chancellor Angela Merkel's cabinet approved a draft law on Wednesday which ensures that utility companies remain liable for costs associated with the shutdown of the country's nuclear power plants. This will remain the case also in future, "said Economy Minister Sigmar Gabriel. They are former environment minister Juergen Trittin of...

  • BERLIN, Oct 14- German Chancellor Angela Merkel's cabinet approved a draft law on Wednesday which ensures that utility companies remain liable for costs associated with the shutdown of the country's nuclear power plants, a government source told Reuters. The legislation would close a legal loophole, preventing firms from evading decommissioning costs by...

  • KUALA LUMPUR, Oct 13- Malaysian utility heavyweight Tenaga is inching towards a multi-billion dollar purchase of energy assets from 1 MDB after a rival bidder dropped out, a deal that would bring welcome financial relief to the scandal-hit state fund. 1 MDB, currently at the centre of a political and financial scandal that is also embroiling Prime Minister...

  • Oct 13- Entergy Corp said Tuesday it will close its Pilgrim nuclear power plant in Massachusetts no later than June 1, 2019, because of poor market conditions, reduced revenues and increased operational costs. "Market conditions and increased costs led us to reluctantly conclude that we had no option other than to shut down the plant," Leo Denault, Entergy's...

  • Oct 13- Entergy Corp said Tuesday it will close its Pilgrim nuclear power plant in Massachusetts no later than June 1, 2019, because of poor market conditions, reduced revenues and increased operational costs.

  • Duke Energy CEO: We can absorb rate hike Tuesday, 13 Oct 2015 | 7:36 AM ET
    Duke Energy CEO:  We can absorb rate hike

    Lynn Good, Duke Energy CEO talks with CNBC's Kate Kelly about her tenure at the company and how a rate hike will impact the cost of capital.

  • Duke Energy CEO: Eye on renewable energy Tuesday, 13 Oct 2015 | 7:34 AM ET
    Duke Energy CEO:  Eye on renewable energy

    CNBC's Kate Kelly talks with Duke Energy CEO Lynn Good about the benefits of cheap commodity prices and the move towards cleaner energy.