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Regulators used sharp words to accuse JPMorgan Chase of manipulating energy markets, in language similar to that which buffeted -- and eventually took down -- bankrupt energy giant Enron.
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SALT LAKE CITY-- The U.S. Interior Department has awarded more than $20 million in grants for water conservation projects in 11 Western states, including several in Utah, Nevada and California. It should result in a savings of 448 acre feet of water annually in the Colorado River, which provides supplies for southern Nevada, California and Arizona.
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CHEYENNE, Wyo.-- The last of five defendants charged with defrauding investors of more than $4 million by promoting non-existent wind farm projects in Wyoming and South Dakota pleaded guilty Tuesday to felony charges.
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BATON ROUGE, La.-- The Louisiana Public Service Commission will reconsider a decision to shelve a planned statewide energy efficiency program, after a lawsuit challenged the commission's previous handling of the issue.
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CHARLOTTE, N.C.-- A state environmental agency is seeking a court injunction against Duke Energy Corp. over groundwater that may have been contaminated by coal ash from a Charlotte- area power plant.
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--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, May 22- Asian giants China and India may be planning to improve the quality of coal they are burning, but it's unlikely any changes will have much effect on the level of imports for the foreseeable future.
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BATON ROUGE, La.-- Louisiana's utility regulatory agency will reconsider a decision to shelve a planned statewide energy efficiency program.
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May 21- As part of occasional taxonomy updates, Reuters News will be removing the topic codes for Nuclear Power as of June 21, 2013. The Nuclear Power topic code will be removed from General News in order to streamline codes. You will find your local support contact number by signing in to Customer Zone or selecting your country on the Contact Us page.
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DENVER-- Xcel Energy Inc. is asking Colorado regulators to approve a demonstration project that would use forest biomass to generate electricity.
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OSHA found it violated the whistleblower protections of the Energy Reorganization Act, OSHA said Monday. "Professionals who work in the nuclear power industry have a right and responsibility to express their professional opinion and report safety-related concerns," OSHA acting regional administrator Marcia Drumm said in a news release. "
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NEW YORK-- Shares of L&L Energy Inc., which mines and distributes coal in China, were up 14 percent Wednesday after the company it will provide a million tons of coal to Datang International Power Co.. THE SPARK: The Seattle company said it will supply the coal to a power plant in Guangixi. SHARE ACTION: L&L Energy stock rose 53 cents to $4.30 in afternoon trading.
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NEW YORK-- Chinese solar panel maker Trina Solar Ltd. on Tuesday cut its estimate for solar module shipments in the quarter that ended in March, sending its shares lower in morning trading. Trina Solar now anticipates shipments of 390 to 400 megawatts, down from a previous forecast of 420 to 430 megawatts.
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NEW YORK-- Chinese solar panel maker Trina Solar Ltd. on Tuesday cut its estimate for solar module shipments in the quarter that ended in March, sending its shares lower in morning trading. Trina Solar now anticipates shipments of 390 to 400 megawatts, down from a previous forecast of 420 to 430 megawatts.
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*Utility shares outperform on Nomura's rating hikes. TOKYO, May 14- The Nikkei share average edged up on Tuesday as gains in utility stocks offset weakness in brokerages while trading remained choppy with investors growing more circumspect over the rapid pace of the latest rally.
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LAUNCESTON, Australia, May 13- India's record coal imports in the past fiscal year, and the virtual certainty they will rise again this year, look bullish for coal markets, but the likelihood is only a select few producers will benefit.
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Regulators used sharp words to accuse JPMorgan Chase of manipulating energy markets, in language similar to that which buffeted -- and eventually took down -- bankrupt energy giant Enron.
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LONDON, May 9- U.S. solar module maker and project developer First Solar illustrates wider industry efforts to secure new markets in a shift away from the United States and Europe.
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for Wednesday delivery came out at 38.21 euros per megawatt-hour on the Nordic power exchange Nord Pool Spot versus 40.93 euros for Tuesday. Combined power output in Denmark and Sweden was predicted to rise by 1,680 MW to 2,760 MW on Wednesday, Point Carbon said.
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Jason Channell, director of investment research and analysis at Citigroup, says returns from the solar industry are coming from project development and that the "next boom" will be in storage.
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LONDON, May 7- U.S. coal miners have been among the biggest victims of the shale revolution and tougher emission controls on power plants. U.S. coal miners produced about 1,016 million short tons last year, down just over 7 percent from 1,094 million tons a decade earlier, according to estimates published by the U.S. Energy Information Administration.
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PRAGUE, May 7- Czech electricity producer CEZ. CEZ attributed the strong first-quarter numbers to an end of its operations in Albania, an exceptional profit from trading in carbon permits, and incorporation of heating firm Energotrans into the CEZ group.
Energy
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Britain came within six hours of running out of natural gas in March, highlighting the risk of supply shortages, the FT reports.
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U.S. crude futures dropped to around $94 a barrel on Friday after disappointing China data.
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CNBC's Scott Wapner and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.