Utilities
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BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments.
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*Germany better supplied from all sources. FRANKFURT, March 22- European spot power prices were mixed on Friday, lifted in France by forecasts for another cold spell but tempered in Germany by prospects of high solar and wind power supply. was 3.40 euros down from levels paid for Friday at 34.10 euros a megawatt hour.
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MILAN, March 22- Italian multiutility Hera. The Bologna-based utility said it would pay a dividend on 2012 results of 0.09 euros per share, unchanged from the previous year. Last October it said it would guarantee a dividend-per-share floor of 0.09 euros per year following its merger with smaller peer Acegas-APS which was effective at the start of this year.
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ABUJA, March 21- All of the preferred bidders for the 15 electricity firms that Nigeria is privatising met a deadline on Thursday to pay a quarter of their bids, the government said, a milestone in the country's efforts to end crippling power shortages.
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MOSCOW, March 21- Russian state gas monopoly Gazprom is considering buying gas-fired power stations in Europe again, attracted by European moves to reward back-up power plants with so-called' capacity' payments to compensate for downtime.
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BRUSSELS/ LONDON, March 21- Britain's plans to reward nuclear plant operators through fixed prices for low-carbon energy are illegal under existing EU rules and efforts to adapt them are likely to draw opposition from other member states, EU and legal sources said.
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WARSAW, March 21- Poland will face power shortages at the end of 2015 unless the lifespan of some coal-fired units slated for shutdown is extended, the head of grid operator PSE said on Thursday.
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PARIS, March 21- European spot power prices fell on Thursday, dragged down by forecasts for higher renewable power production in Germany and a fall in demand as temperatures in France rise, traders said.
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Rick Bensignor,Wells Fargo Securities, explains why the next likely upside for the S&P is between 1,551 and 1,567.
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PARIS, March 21- State-controlled French utility EDF is considering developing a new range of nuclear reactors that would be smaller and less powerful than its troubled next-generation EPR reactors, newspapers reported on Thursday.
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MADRID, March 21- The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Swedish energy company Vattenfall has awarded Iberdrola's engineering arm the contract to build a combined cycle gas turbine with total capacity of 300 megawatts in Berlin-Lichterfelde, Germany, Iberdrola said on Wednesday.
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March 20- The U.S. House Agriculture Committee on Wednesday approved a bill that would make it easier for municipal and other government-owned utilities to hedge against power and fuel price risks with all market participants.
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BRUSSELS, March 20- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --Germany network grid operator TenneT Offshore and Japanese company Mitsubishi Corp to acquire joint control of German wind farm operator TenneT Offshore 8.
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*Coal futures fall to lowest level since Apr 2010. OSLO, March 20- The Nordic forward power prices for delivery in the second quarter eased on Wednesday on the latest forecasts for wetter weather ahead, and some traders were closing long positions ahead of Easter holidays next week. fell 35 cents to 38 euros per megawatt-hour by 1200 GMT.
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DUBAI, March 20- Dubai Electricity and Water Authority is not expecting to issue more Islamic bonds before 2015 if electricity demand growth in the Gulf Arab emirate remains steady, its chief executive said on Wednesday.
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VIENNA, March 20- Japanese authorities say the cooling systems at all spent fuel pools at the Fukushima nuclear power plant have resumed operations after a power outage earlier this week, the U.N. atomic energy agency said on Wednesday.
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VIENNA, March 20- Japanese authorities say the cooling systems at all spent fuel pools at the Fukushima nuclear power plant have resumed operations after a power outage earlier this week, the U.N. atomic energy agency said on Wednesday.
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THE HAGUE, March 19- The Netherlands is considering selling a stake in Urenco, the world's second-biggest producer of nuclear fuel, a finance ministry spokesman said on Tuesday, confirming comments by Dutch Finance Minister Jeroen Dijsselbloem in parliament.
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LOS ANGELES, March 19- The Los Angeles Department of Water and Power, the nation's largest municipal-owned utility, will eliminate its reliance on coal-fired power by 2025, the city's mayor said on Tuesday.
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LOS ANGELES, March 19- The Los Angeles Department of Water and Power, the nation's largest municipal-owned utility, will eliminate its reliance on coal-fired power by 2025, the city's mayor said on Tuesday.
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*Japan's Hitachi also plans to build in UK. LONDON, March 19- EDF won planning approval from Britain's energy secretary on Tuesday to build the country's first new nuclear station in almost 20 years.
Energy
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Brent crude plunged in the wake of U.S. jobs data that fanned new concerns about demand.
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The U.S. is vastly increasing its production and replacing OPEC crude with that from oil sands in Canada, adding urgency to Saudi Arabia's efforts to invest in a Texas refinery, The New York Times reports.
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CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.