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  • BERLIN/ FRANKFURT, Oct 10- Operators of German nuclear power plants have set aside enough funds to pay for decommissioning the country's reactors, the Economy Ministry said on Saturday, even though stress tests showed the potential cost could far exceed their provisions. E.ON, RWE, EnBW and Vattenfall are due to switch off their nuclear plants by a 2022 deadline...

  • BERLIN, Oct 10- Operators of German nuclear power plants have set aside enough funds to pay for decommissioning the country's reactors, the Economy Ministry said on Saturday, even though stress tests showed the potential cost could far exceed their provisions. E.ON, RWE, EnBW and Vattenfall are due to switch off their nuclear plants by a 2022 deadline set by...

  • Oct 8- Power producer Talen Energy Corp said it would sell three plants in Pennsylvania for $1.51 billion to meet regulatory requirements related to its formation in 2014, and would announce more divestitures before the end of the quarter. The company said on Thursday it would sell a natural gas-fired plant to TransCanada Corp for $654 million and two...

  • Oct 7- Solar company SunEdison Inc said on Wednesday it would cut costs and streamline operations, putting it on track to be cash positive throughout next year. SunEdison's shares rose as much as 16 percent to $10.07 in early trading. This will help SunEdison enhance near-term cash flow generation, said S&P Capital IQ analyst Angelo Zino.

  • France urged to end coal projects in Turkey Wednesday, 7 Oct 2015 | 9:18 AM ET

    LONDON, Oct 7- Environmental lobby groups on Wednesday urged French President Francois Hollande to force state-owned utility Engie to stop investing in coal projects in Turkey. Engie, in partnership with the Turkish company Mimag-Sanko, plans to build the Ada Yumurtalik 1,320- megawatt coal plant in the south of Turkey. "We strongly urge you to act to cancel...

  • India's Modi touts 'electricity reforms for aid' deal Wednesday, 7 Oct 2015 | 3:21 AM ET
    Indian Prime Minister Narendra Modi.

    India's prime minister is to tell states to raise electricity prices in return for access to a financial bailout package.

  • *India opening a mine a month, to double coal output by 2020. *China, Indonesia, India burn 71 pct of world's newly dug coal. MAGADH, India, Oct 6- Deep in the thickly forested hills in its east, India last month started production at what it hopes will in five years be Asia's biggest coal mine.

  • French state-controlled utility EDF agreed in July to buy between 51 and 75 percent of French nuclear giant Areva's reactor-making subsidiary Areva NP and said it would look for partners to buy a minority stake. Japan's Mitsubishi Heavy Industries Ltd said in September it was in talks Areva about possibly taking a stake in Areva NP, which has been struggling...

  • TOKYO, Oct 5- French Prime Minister Manuel Valls said on Monday he proposed to his Japanese counterpart Shinzo Abe that the Japanese nuclear industry participate in the reorganization of the French nuclear sector. Japan's Mitsubishi Heavy Industries Ltd said in September it was in talks with French nuclear giant Areva and state-controlled utility EDF on...

  • Hurricane Joaquin could hit New York early next week Thursday, 1 Oct 2015 | 8:45 AM ET

    Oct 1- Hurricane Joaquin could hit the New York metropolitan area as a tropical storm on Tuesday, potentially following the destructive course of Hurricane Sandy in 2012, weather forecasters said on Thursday. It could hit the U.S. coast anywhere between North Carolina and Massachusetts, but the center of the NHC's latest storm track shows it hitting the New...

  • CHICAGO/ NEW YORK, Sept 28- Investors in U.S. railroad stocks, who have been punished in 2015 by an accelerating decline in high-margin coal shipments, now are pinning their long-term hopes on a resurgence in consumer spending. The major publicly-traded U.S. railroads including Union Pacific Corp, CSX Corp and Norfolk Southern Corp have missed estimates or...

  • LAUNCESTON, Australia, Sept 28-- China's planned national cap-and-trade carbon emissions system may at first appear to be yet another bearish factor for commodity demand in the world's largest consumer of natural resources. Much will depend on how China, the world's largest polluter, structures its cap-and-trade system, and details have yet to emerge on the...

  • TOKYO, Sept 25- Japan's government is considering new steps to tighten regulations on coal-fired power stations, but some experts said these would not be enough to help meet its goals on curbing carbon emissions over the next couple of decades. Climate change is centre stage internationally ahead of U.N. environmental talks in Paris later this year, with...

  • In a preliminary decision, the U.S. Department of Commerce set anti-subsidy duties on paper from Canada's Port Hawkesbury Paper, after a complaint by U.S.-based Madison Paper Industries of Maine, owned by Finland's UPM-Kymmene Corp, and Verso Corp of Ohio. The U.S. companies argued that Nova Scotia Power, owned by Canadian energy company Emera Inc, provided...

  • LAUNCESTON, Australia, Sept 24-- Can the coal industry win a public relations battle, and does it even matter if it can't? Does this mean that the Minerals Council of Australia's new, and seemingly costly, campaign in support of the fuel is simply raging against the inevitable, or does it herald a new front in the war between coal miners and anti-coal...

  • *Arch Coal faces key debt swap deadline on Wednesday. CHICAGO, Sept 22- After a string of smaller bankruptcies in the depressed coal sector, the second-largest U.S. coal miner, Arch Coal Inc, could be next to file for Chapter 11 protection if it fails to seal a crucial debt swap this week, lawyers and analysts said. Arch Coal, with 5,500 employees in nine states, is heavily...

  • PRAGUE, Sept 22- Czech electricity producer CEZ will consider bidding for lignite power plants in Germany put up for sale by Sweden's Vattenfall earlier on Tuesday, its chief financial officer told Reuters. State-owned Vattenfall, which is under pressure from the Swedish government to get out of its profitable lignite power business in Germany because it is...

  • Sept 21- Canada's AltaGas Ltd said its unit has agreed to buy a portfolio of three natural gas-fired electricity generation plants in northern California for $642 million. The three plants produce 523 megawatt, AltaGas said on Monday. AltaGas, whose power generation infrastructure in California is mostly in the south, plans to expand in northern California...

  • SAO PAULO, Sept 21- A massive corruption and political kickback scheme at Brazil's state-run oil company Petrobras started with former president Luiz Inacio Lula da Silva's chief of staff, a lead prosecutor said on Monday. Prosecutor Carlos Fernando dos Santos Lima said the bribery scheme at Petroleo Brasileiro SA, as Petrobras is formally known, had the same...

  • LONDON/ BEIJING, Sept 21- China could build and own a nuclear power plant in Britain in future, UK finance minister George Osborne said on Monday, potentially paving the way for China's first nuclear project in the West. Chinese companies are expected to help finance the 16 billion pound Hinkley Point nuclear plant in southwest England and Osborne said their...