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Electric Utilities

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  • S.Korea restarts nuclear reactor shut in June Wednesday, 9 Jul 2014 | 9:33 PM ET

    SEOUL, July 10- A South Korean nuclear reactor has restarted after a month-long closure due to a control rod problem, a spokesman at state-run atomic operator Korea Hydro and Nuclear Power Co Ltd said on Thursday.

  • I&M proposes 5 solar facilities in 2 states Wednesday, 9 Jul 2014 | 3:52 AM ET

    FORT WAYNE, Ind.— Indiana Michigan Power plans to seek permission to build five solar generating facilities in the two states it serves. I&M is proposing building the facilities in the Muncie- Marion area in eastern Indiana, around South Bend in northern Indiana and in Michigan, although the locations have not yet been decided.

  • COLUMN-Cleaning up coal: Kemp Tuesday, 8 Jul 2014 | 10:01 PM ET

    LONDON, July 9- According to the popular narrative, coal is locked in a fight to the death with natural gas and renewables to supply clean electrical energy. Promoters of gas, wind and solar often talk about coal as if it were not just a rival but an enemy.

  • The agreements, which involve companies and research institutions, were signed in Beijing ahead of a two-day visit to China by top Obama administration officials including Secretary of State John Kerry, Treasury Secretary Jack Lew and Energy Secretary Ernest Moniz.

  • Arizona utility to pay $3.25M for 2011 blackout Monday, 7 Jul 2014 | 9:52 PM ET

    SAN DIEGO— Federal regulators said Monday that they've approved a $3.25 million settlement with an Arizona utility over a 2011 blackout that left millions of people without power in California, Arizona and Mexico.

  • Troubled Puerto Rico utility delays debt payments Monday, 7 Jul 2014 | 4:36 PM ET

    SAN JUAN, Puerto Rico— The financially troubled power company in Puerto Rico said Monday that it reached an agreement with lenders to delay payments on its lines of credit, giving it some breathing room as it seeks to avoid a default that spook bond markets. The law, which is being challenged in court, spooked investors and prompted downgrades of Puerto Rico debt.

  • Why utility bills are not getting cheaper Monday, 7 Jul 2014 | 8:00 AM ET

    It's time to crank up the AC, but in this age of smart grids and smart meters, most utilities still have a frustratingly low technology IQ.

  • SOFIA/ BRUSSELS, July 6- Bulgaria, one of five EU states that depend totally on Russia for nuclear fuel, is set to take a step towards diversifying its suppliers when Westinghouse Electric Company buys a stake in a state-controlled firm building new atomic units.

  • Misconceptions helped kill Australian carbon tax Sunday, 6 Jul 2014 | 2:18 AM ET

    CANBERRA, Australia— In 2007, Australians were ready to do something to combat climate change, even if it was expensive. The undoing of that perspective will likely be complete after a new Senate is sworn in Monday.

  • SAN FRANCISCO, July 3- A California Democrat on Thursday introduced a bill he believes will keep gasoline prices down by delaying the expansion of the state's carbon cap-and-trade program, a move that has angered environmentalists.

  • SAN FRANCISCO, July 3- A California Democrat on Thursday introduced a bill that would keep gas prices down by delaying the state's planned expansion of its carbon cap-and-trade program to cover transportation fuels next year, a move that has angered environmentalists.

  • WASHINGTON, July 3- The U.S. Export-Import Bank is considering financing a massive coal-fired power plant in India despite the fact the Obama administration has called on domestic and global public lenders to stop funding coal-plants in his climate change strategy.

  • Official: New EPA rule won't affect power plants Thursday, 3 Jul 2014 | 4:25 PM ET

    FRANKFORT, Ky.— None of Kentucky's coal-fired power plants will close because of new emission standards released last month by the Environmental Protection Agency, a state official told lawmakers Thursday.

  • SunEdison buys stake in solar power plant operator Thursday, 3 Jul 2014 | 8:50 AM ET

    MARYLAND HEIGHTS, Mo.— SunEdison Inc. said Thursday that it bought a 50 percent stake in solar energy plant operator Silver Ridge Power for about $178.6 million in cash. The deal gives SunEdison, which makes, installs and maintains solar panels, joint ownership of Silver Ridge Power's plants.

  • China's second biggest hydro plant completed Wednesday, 2 Jul 2014 | 10:31 PM ET

    BEIJING, July 3- China's Xiluodu hydropower station, the country's second largest in terms of capacity, went into full operation this week after its 18th and final generating unit was completed, the project operator said in a notice on Wednesday.

  • SAN FRANCISCO, July 2- NRG Energy vowed on Wednesday to press ahead with a proposal to build a power plant in coastal Southern California even after a city council expressed opposition, citing fears it could be inundated by rising sea water.

  • Greece faces power cuts as unions plan strikes Wednesday, 2 Jul 2014 | 1:25 PM ET

    Public Power Corporation unions have vowed to launch rolling 48- hour walkouts Thursday. Since 2010, Greece has survived on international bailouts granted on condition that it implements tough austerity measures and sells off state property. Greece has also committed to privatize a 17 percent stake in PPC, in which it currently holds 51 percent.

  • Hawaii utility using lasers to protect seabirds Wednesday, 2 Jul 2014 | 9:01 AM ET

    LIHUE, Hawaii— Kauai's electric utility is experimenting with using lasers to protect migrating seabirds. The Kauai Island Utility Cooperative said Tuesday it's attaching 30 lasers to transmission poles in Eleele. The utility may install the lasers elsewhere on Kauai if the experiment is successful.

  • Senate candidates show wide range on energy issues Wednesday, 2 Jul 2014 | 2:16 AM ET

    SIOUX FALLS, S.D.— South Dakota's candidates for U.S. Senate hold diverse positions on the government's role in energy development, from advocating a hands-off approach to supporting the regulation of power plants' carbon emissions. Tim Johnson are Democrat Rick Weiland, a Sioux Falls businessman; Republican former Gov.

  • WASHINGTON, July 1- Creditors to Puerto Rico's electricity provider were given a slight respite on Tuesday when the bonds' trustee made a scheduled payment, but the U.S. municipal bond market remained worried the Puerto Rico Electric Power Authority will soon use a new bankruptcy-like process to restructure its debts.