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  • *No impact of climate agreement on India coal plans-official. NEW DELHI, Dec 14- India still plans to double coal output by 2020 and rely on the resource for decades afterwards, a senior official said on Monday, days after rich and poor countries agreed in Paris to curb carbon emissions blamed for global warming. India, the world's third-largest carbon emitter, is...

  • *Goldman: Paris deal most important since 1997 Kyoto accord. LONDON/ COPENHAGEN, Dec 14- European renewable energy stocks rallied on Monday following an agreement over the weekend at the Paris global climate summit to find ways to stop global warming. Goldman Sachs' analysts described the deal in Paris as the most important climate agreement since the 1997 Kyoto...

  • This is simply because coal is, and will remain for decades, the main fuel in the world's top and third-biggest emitters, China and India. India didn't commit to any absolute cuts in carbon emissions, instead promising to shave a third off the rate at which it emits greenhouse gases over the next 15 years. What this means is India aims to cut carbon intensity, or the...

  • *Russia is laying undersea cables to restore power. MOSCOW, Dec 13- The Kremlin is trying to reassure residents of Crimea, left in the dark after electricity supplies from Ukraine were cut off, that it is coming to their rescue by installing a power link with Russia. The electricity problems are a stark reminder that when Vladimir Putin last year decided to make...

  • PARIS, Dec 10- French gas and power group Engie plans to announce the sale of its thermal power generation plants in United States, and others could follow, financial daily Les Echos reported. Engie unit GDF Suez North America has an ownership interest in 13.1 gigawatts of electric power and co-generation capacity, of which close to 1 GW is powered by renewable...

  • Dec 10- General Motors Co said Thursday it is buying wind energy to power production of some its biggest sport utility vehicles at a factory in Texas. GM said in a statement it has agreed to buy 30 megawatts of energy from a Texas wind farm operated by a unit of Spanish renewable energy company EDP Renovaveis SA. EDP is developing a 250 megawatt wind farm in Edinburg,...

  • *Toshiba has 60 pct stake in NuGen project. TOKYO, Dec 10- Toshiba Corp is asking Japanese financial institutions to help fund a nuclear project in northwest England, sources with direct knowledge of the matter said, as the conglomerate seeks ways to ease its financial burden after a $1.3 billion accounting scandal. Toshiba holds a 60 percent stake in the NuGen UK...

  • TOKYO, Dec 10- Toshiba Corp is asking Japanese financial institutions to help fund a nuclear project in northwest England, sources with direct knowledge of the matter said, as the conglomerate looks for ways to ease financial burdens after a $1.3 billion accounting scandal. Toshiba holds a 60 percent stake in the NuGen UK nuclear joint venture with France's...

  • PARIS, Dec 9- Mini-versions of current-generation nuclear reactors could be the solution for the industry's problems in finding financing for new atomic power stations, U.S. China is building dozens of reactors at home, and Russia has won nuclear contracts in developing nations with offers of cheap export credits, but in the United States and Europe, nuclear...

  • LOS ANGELES, Dec 9- Solar power companies have an image problem- and they are beginning to do something about it. Those incentives help companies such as SolarCity, Sunrun and others market solar power contracts that offer customers 20 percent savings on their energy bills. "No one needs solar on their home if their bill is not more than $150 a month," said Steven...

  • *Abengoa halts construction of 6,300 km of new power lines. SAO PAULO, Dec 8- Spanish conglomerate Abengoa, teetering on the verge of bankruptcy, has halted construction of power transmission lines in Brazil, a potential setback for the South America nation's bid to emerge from its worst energy crisis in 14 years. Abengoa, which opened pre-insolvency proceedings...

  • Dec 8- The U.S. Energy Information Administration on Tuesday said domestic natural gas production in 2015 was expected to reach 79.58 billion cubic feet per day, just off the 79.61 bcfd it forecast last month. The figure however would still top 2014' s record high of 74.89 bcfd and would be the fifth consecutive annual record high for U.S. gas production, according...

  • *China challenges Germany as world's top solar producer. Even as China is set to overtake Germany as the country with the world's highest installed solar capacity, growth in small-scale solar such as rooftop panels has been so weak that planners didn't even bother setting new targets this year for installations under 20 megawatts in size.

  • A world where the grid goes down

    Southern Company President, Chairman and CEO Thomas Fanning, weighs in on whether a situation where the power grid goes down is realistic in the U.S.

  • Democratic presidential hopeful Bernie Sanders unveiled a climate change plan on Monday that seeks to end the country's dependence on oil, coal and nuclear energy and could pressure party front-runner Hillary Clinton. The Vermont senator's plan envisions 10 million new jobs in clean energy such as wind, solar and geothermal power. It would ban oil and gas...

  • ISTANBUL, Dec 5- Turkey's row with Moscow over the downing of a Russian jet over Syria has not affected joint energy projects, Turkish President Tayyip Erdogan said on Saturday. Russia has imposed trade sanctions against Turkey, including freezing investment projects and restricting food imports, after the Turkish air force last week shot down a Russian...

  • SANTIAGO, Dec 4- Valhalla Energia plans to build a hydroelectric power generation plant in Chile's parched Atacama desert, the world's driest, by using solar energy to pump sea water up the side of a 600 meter cliff and then have it rush back down to the Pacific Ocean below. The renewable energy company said on Friday that Chilean regulators approved the...

  • WILMINGTON, Del., Dec 3- A U.S. judge said on Thursday he would approve Energy Future Holdings Corp's plan of reorganization, clearing a major hurdle toward ending the contentious bankruptcy for Texas's biggest power company. Bankruptcy Judge Christopher Sontchi spent nearly two hours reading a pair of rulings that confirm the plan, the product of more than 18...

  • TORONTO, Dec 3- The Canadian province of Ontario extended its commitment to nuclear energy on Thursday, announcing a supply deal with Bruce Power under which the private nuclear generator will spend C $13 billion to refurbish six reactors. The Liberal government of Canada's most populous province said under the agreement, it will secure 6,300 megawatts of...

  • DUESSELDORF, Germany, Dec 3- RWE, which earlier this week announced it would split off parts of its business, plans a big expansion of its wind energy business and is also considering making major inroads into solar power, its chief executive told Reuters. Germany's second-largest utility on Tuesday unveiled a corporate overhaul, planning to pool its renewables,...