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  • *India- based firms may mine coal for consumption or sale- order. *Foreign firms with India units may qualify- source. NEW DELHI, Oct 22- India could allow commercial coal mining by foreign companies if they set up units in the country, opening the door for global giants like Rio Tinto to access the world's fifth-largest coal reserves, a source familiar with the matter...

  • TOKYO, Oct 22- After the Fukushima disaster crippled Japan's nuclear energy sector three years ago, the government pledged the biggest shake up in the history of the fragmented electricity industry to boost competition and contain a surge in power prices. But plans to give the nationwide grid management body more control over the system of distribution and...

  • US oversight increased at Millstone nuclear plant Tuesday, 21 Oct 2014 | 2:07 PM ET

    WATERFORD, Conn.— The Nuclear Regulatory Commission is stepping up oversight at Connecticut's nuclear plant following a safety violation, the federal agency said Tuesday. The Millstone Power Station in Waterford was cited for failure to address repetitive problems with a pump that is part of a backup safety system. Millstone, which is owned by Richmond,...

  • Blackstone creates new renewable energy firm Tuesday, 21 Oct 2014 | 12:38 PM ET

    The Blackstone Group will partner on a new push to develop utility scale wind and solar power projects in North America. Blackstone is teaming up with Matthew Roseblum, the founder and CEO at Solops, to create Onyx Renewable Partners. Shares of Blackstone Group LP rose 3 percent to $30.32 by midday, ahead of broader market gains.

  • Feds nix wind farm near Erie airport, cite radar Monday, 20 Oct 2014 | 8:22 AM ET

    The FAA had previously approved the wind farm in North East Township. But when that approval expired in May, the FAA revisited the question of radar safety and earlier this month decided it would be a problem, the Erie Times-News reported Monday. "The analysis done by FAA Technical Operations indicates that all of the wind turbines would be in the radar line of...

  • Investor group pays $3.4B for power company Cleco Monday, 20 Oct 2014 | 6:47 AM ET

    PINEVILLE, La.— An investment group led by Macquarie Infrastructure and Real Assets will buy the Louisiana power company Cleco for $3.4 billion. The group will pay $55.37 in cash for each share of Cleco, which owns the regulated electric utility Cleco Power. Cleco Corp., based in Pineville, Louisiana, will continue to operate as an independent company under local...

  • EIGHTY PERCENT OF BERMUDA WITHOUT POWER DUE TO HURRICANE GONZALO- BERMUDA ELECTRIC LIGHT CO.

  • Oct 17- Energy Future Holdings squared off against creditors in court on Friday as the bankrupt Texas power company sought approval to begin a multibillion dollar auction of its interest in Oncor, a power transmission business. The company anticipates an auction in February, and sources told Reuters potential bidders include NextEra Energy Inc of Juno Beach,...

  • FRANKFURT, Oct 17- German industry is learning how to profit from the upheaval and costs of the country's shift towards solar and wind energy. Greater reliance on renewables in Europe's biggest power market is making the peaks and troughs of electricity production bigger and less predictable, as the wind picks up or drops and the sun shines or disappears behind...

  • Biofuels plant harbinger of renewable fuel future Friday, 17 Oct 2014 | 4:39 AM ET

    WICHITA, Kan.— A new biofuels plant in southwest Kansas represents the future of ethanol production in the United States, Energy Secretary Ernest Moniz said. The $500 million biorefinery in Hugoton is one of only three commercially sized plants in the country that use only plant waste, such as stalks and leaves, for production and thus do not compete for food crops.

  • TOKYO, Oct 17- Japan's biggest utilities are blocking most new solar and other renewable energy from transmission grids, stirring concern among green power advocates that Japan favors restarting idled nuclear plants at the expense of other fossil-free supply. Seven out of Japan's 10 regional power monopolies have blocked further grid access for...

  • *Areva says jumbo reactor still best product offer. *Areva hopes for new contracts in India, China. PARIS, Oct 16- Areva chief executive Luc Oursel, his job at risk from an imminent government overhaul, still believes the French nuclear group can win new contracts with its out-of-favor mega-reactor model in India and China.

  • LONDON, Oct 16- Scarce resources and pollution control measures are the two environmental issues which have the most impact on the net earnings of businesses today, a private equity fund manager said on Thursday. London- based Ambienta says it is the largest European private equity fund specializing in the environmental sector, with more than 450 million euros...

  • ANALYSIS-Africa set to switch on gas-to-power potential Thursday, 16 Oct 2014 | 6:05 AM ET

    *World Bank, Barack Obama behind "Power Africa" legacy. JOHANNESBURG, Oct 16- Africa's under used gas reserves, either exported or burnt away into the sky, are set to play a big role in stemming the continent's crippling electricity void, a shift that should boost economies and small-cap energy firms. Driven by huge recent finds in East Africa, sub-Saharan gas...

  • Falling oil prices shake up global economies Thursday, 16 Oct 2014 | 3:02 AM ET

    The global price of oil closed at $84.47 per barrel Thursday, down about $31, or 27 percent, from its high point for the year. "The problem is that countries get accustomed to a certain level of income, and then spend," says Edward Chow, a senior fellow at the Center for Strategic and International Studies. Increased production in the U.S., Canada, Iraq and elsewhere made up...

  • WASHINGTON, Oct 15- Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade. Tom McGuire, who heads the project, said he and a small team had been working on fusion energy at Lockheed's...

  • You might hope for a sense of realism and practical moves to address the issues, but instead the World Coal Conference in Copenhagen this week was characterised by what seemed like a state of denial. Spot thermal coal at Australia's Newcastle port fell to $64.92 a tonne in the week ended Oct. 10, 1 cent higher than the previous week, which was the lowest since...

  • *Denmark, Finland seen shutting abt 2,000 MW of condensing power. Fossil power plants in Finland and Denmark act as swing-producers, helping to meet demand when hydropower production in Norway and Sweden falls due to dry weather. "Demand for coal condensing power in the Nordic power market has decreased as a result of the economic recession and the drop in the...

  • Lockheed says makes breakthrough on fusion energy project Wednesday, 15 Oct 2014 | 8:30 AM ET

    WASHINGTON, Oct 15- Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready in a decade. Tom McGuire, who heads the project, said he and a small team had been working on fusion energy at Lockheed's secretive...

  • Germany set for dip in renewable energy subsidy Wednesday, 15 Oct 2014 | 7:22 AM ET

    BERLIN— The cost to Germans of subsidizing renewable energy is set to decline next year for the first time, though the impact on their electricity bills will be only slight. Chancellor Angela Merkel's government has made a priority of stemming the costs of Germany's transition to renewable energy and improving its coordination. The subsidy has mushroomed...