Electric Utilities
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NEW YORK-- Shares of Yingli Green Energy Holding Co. rose in heavy trading Friday after the Chinese company said it reached a deal to supply modules for a solar project in Southeast Asia.
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CARSON CITY, Nev.-- The Nevada Senate endorsed NV Energy Inc.' s plan Wednesday to retire coal-fired power plants and pave the way for the state's biggest electrical utility to transition to more renewable sources. NV Energy has 10 power plants in Nevada, seven of which use natural gas.
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PINE MOUNTAIN, Ga.-- The head of Southern Co. called the decision to write off $540 million in extra costs on a Mississippi power plant "a bitter pill for us to swallow," but he defended the project Wednesday as a long-term investment for the large utility.
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Black Hills Corp. subsidiaries Cheyenne Light, Fuel& Power and Black Hills Power held a groundbreaking ceremony Wednesday for the Cheyenne Prairie Generating Station on the outskirts of Cheyenne. Black Hills Corp. is building the plant while preparing to retire three coal-fired plants in Wyoming and South Dakota.
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LINCOLN, Neb.-- A plan aimed at attracting wind-energy farms to Nebraska is headed to a final vote in the Legislature. One firm, TradeWind Energy, has expressed interest in developing a wind farm in Dixon County, near the Iowa and South Dakota border.
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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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State utility regulators heard testimony Tuesday on the energy plans from Southern Co. subsidiary Georgia Power, which must submit new plans every three years. Advocates for the state's solar power industry and tea party leaders fault Georgia Power for not including new forms of solar energy in its planning.
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DUBAI, May 22- A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of dollars of crude for export while making electricity at less than half the cost.
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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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WASHINGTON/ BOSTON May 21- Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic lawmakers found echoing warnings from the Obama administration that foreign hackers were trying to bring down the U.S. power grid.
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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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SANTIAGO, May 20- Banco de Chile, the country's leading lender, is tempering its enthusiasm for the small, export-dependent economy as it sees signs of a slowdown in demand for corporate and consumer loans, its chief executive said.
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LOS ANGELES, May 20- In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp..
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But continued growth in Texas, coupled with only a small amount of new resources in the state, could cause problems there, the North American Electric Reliability Corp, said.
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LONDON, May 16- Solar panels were cheaper than wind turbines for the first time last year in certain markets, per unit of capacity, and are rapidly closing a remaining gap in the full cost of power generation.