GO
Loading...

Electric Utilities

More

  • China to cut on-grid thermal power tariffs -state media Thursday, 26 Mar 2015 | 11:39 PM ET

    BEIJING, March 27- China will cut on-grid wholesale prices of thermal electricity, probably from the second quarter of the year, as coal prices tumble, state media said on Friday. The National Development and Reform Commission is seen cutting benchmark on-grid prices by an average of 0.015 yuan per kilowatt hour, the Xinhua News Agency-run Economic Information...

  • China's coal use falling faster than expected Thursday, 26 Mar 2015 | 5:00 PM ET

    *Coal for power dipped in 2014, expected to drop again. SINGAPORE/ BEIJING, March 27- China is reducing coal use for power generation faster than expected as the use of cleaner-burning fuels and slowing economic growth drags thermal utilisation rates to a potential record low, implying imports and prices will fall further. Coal still makes up nearly two-thirds...

  • SOFIA, March 26- Bulgaria has asked Westinghouse, part of Toshiba Corp, to take a 49 percent stake in a new nuclear unit if it is to go ahead with a deal for its construction, Energy Minister Temenuzhka Petkova said on Thursday. The European Union's poorest country, reeling from a banking crisis that has strained its finances, wants to avoid giving state guarantees...

  • By Peroshni Govender and Wendell Roelf. JOHANNESBURG, March 26- South Africa's Eskom said striking workers had destroyed property at the Medupi power plant it is building, the state-owned group closing the site on Thursday to assess the damage. It would become South Africa's first new power station to come online in 20 years and help to address a chronic supply...

  • WASHINGTON, March 25- The U.S. Supreme Court's conservative majority on Wednesday signaled hostility toward the Obama administration's refusal to consider costs before regulating emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. The provision does not explicitly state whether the EPA was required to include...

  • WASHINGTON, March 25- The U.S. Supreme Court appeared closely divided on Wednesday as it weighed whether the Obama administration had to consider costs before deciding whether to regulate emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. Justice Anthony Kennedy could be a possible swing vote on the nine-justice...

  • Hungary says EU to OK Russian fuel deal for nuclear plant Wednesday, 25 Mar 2015 | 9:32 AM ET

    BUDAPEST, Hungary— Hungary says it has reached an agreement with the European Union so Russia can supply fuel for 10 years after the expansion of its only nuclear power plant. Janos Lazar, head of Prime Minister Viktor Orban's office, said in a statement posted Wednesday that the fuel supply contract would be open to other bidders once the 10- year deal with Russia...

  • MUTTAGI, India— Despite mounting protests, Japan continues to finance the building of coal-fired power plants with money earmarked for fighting climate change, with two new projects underway in India and Bangladesh, The Associated Press has found. Japanese officials now say they are also counting $630 million in loans for coal plants in Kudgi, India, and...

  • WASHINGTON, March 24- The latest legal test of President Barack Obama's environmental agenda reaches the U.S. Supreme Court on Wednesday as the justices consider a challenge to a regulation intended to limit emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. The nine justices are due to hear a 90- minute oral argument on...

  • AMMAN, Jordan— Jordan signed a $10 billion deal with Russia on Tuesday to build the kingdom's first nuclear power plant, with two 1,000- megawatt reactors in the country's north. According to the state Petra news agency, Jordan plans to finish construction of the plant in Amra in the country's north by 2022. There are hope it will be fueled with uranium mined in...

  • New power grid manager poised to open at Little Rock Tuesday, 24 Mar 2015 | 1:43 PM ET

    LITTLE ROCK, Ark.— A nonprofit company that manages the power grid from the Gulf Coast to Manitoba unveiled a new operations center in Arkansas on Tuesday, saying it moved to the state because it's not prone to hurricanes and has an increasingly talented workforce. The Midcontinent Independent System Operator control room will manage power production and...

  • Duke Energy to appeal $25.1M fine by NC regulators Tuesday, 24 Mar 2015 | 11:09 AM ET

    CHARLOTTE, N.C.— Duke Energy will appeal a $25.1 million fine by North Carolina environmental regulators over pollution that has been seeping into groundwater for years from a pair of coal ash pits at a retired power plant. Duke Energy said Tuesday that it will file a formal appeal with the North Carolina Office of Administrative Hearings by April 9.

  • CMP sets final structure in $1.4B power grid upgrade Monday, 23 Mar 2015 | 5:23 PM ET

    WINDSOR, Maine— Central Maine Power has set the final transmission pole needed to complete a $1.4 billion power grid upgrade. The company celebrated the milestone reached Monday when workers raised the 101- foot tall pole in Windsor. More than 5,000 structures have been installed between Orrington and Elliot since work on the Maine Power Reliability Program...

  • MUMBAI, March 23- Shares in India's Jindal Steel and Power Ltd were heading towards their biggest daily loss in almost two years on Monday, hit by concerns over the company's ability to feed its power plants after the rejection of its bids for three coal mines auctioned by the government. Stocks of the company, controlled by former lawmaker Naveen Jindal, fell as...

  • California first to feel hydro-power crunch of drought Saturday, 21 Mar 2015 | 1:45 PM ET

    SAN FRANCISCO— Flying over the Sierra Nevada as California entered its fourth year of drought, the state's energy chief looked down and saw stark bare granite cloaked in dirty brown haze— not the usual pristine white peaks heaped with snow that would run the state's hydroelectric dams for the year. But what California is experiencing is historically low...

  • Sen. King highlights new solar power system Saturday, 21 Mar 2015 | 8:19 AM ET

    The independent senator attended the unveiling of the new solar project at the Maine Audubon Society's headquarters in Falmouth on Friday. His office says the 42 kilowatt project is the largest array of solar panels ever installed by a Maine conservation organization. King says this project should be a model for others across Maine and the country.

  • WASHINGTON, March 20- The White House said on Friday it would press ahead to end government financing for most coal-fired power plants overseas, a day after a bipartisan bill sought to overturn limits on those projects financed by the U.S. Export-Import Bank. Lawmakers are trying to hammer out a plan to save the U.S. Export-Import Bank, which provides support for...

  • WASHINGTON, March 20- The White House said on Friday it is committed to ending government financing for most coal-fired power plants overseas, a day after a bipartisan bill proposed overturning limits on coal-fired plant projects by the U.S. Export-Import Bank. "The administration is strongly committed to the long-term reauthorization of the Export-Import...

  • WASHINGTON, March 19- A bipartisan plan to save the U.S. Export-Import Bank seeks to extend the bank's term until 2019, increase lending to small businesses and overturn limits on coal-fired power plant projects. Friends of the Earth senior program manager Doug Norlen said fossil fuel projects, especially coal, hurts communities by polluting air and water,...

  • *Singapore generates 95 pct of power from natural gas. SINGAPORE, March 19- Singapore is taking steps to reduce its almost total reliance on fossil fuels in power generation by offering commercial customers the city-state's first dual solar and conventional electricity contract. The relatively high electricity price and falling solar costs have helped...