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Electric Utilities

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  • BOSTON, Aug 19- The U.S. Nuclear Regulatory Commission was "successfully hacked" three times in recent years in attacks involving tainted emails, according to an internal investigation on cyber attacks at the agency, Nextgov.com reported on Tuesday.

  • Aug 19- The U.S. Coast Guard closed a 15- mile stretch of the Ohio River on Tuesday after at least five thousand gallons of fuel oil spilled from a 60- year-old power plant owned by Duke Energy 20 miles east of Cincinnati, Ohio.

  • Aug 19- Five thousand gallons of fuel oil spilled into the Ohio River on Monday night from a 60- year-old coal-fired power plant owned by Duke Energy, the company said on Tuesday.

  • Duke Energy reports oil spill into Ohio river Tuesday, 19 Aug 2014 | 9:20 AM ET

    Aug 19- U.S. power company Duke Energy said on Tuesday about 5,000 gallons of fuel was spilled into the Ohio River during a routine transfer of fuel oil at its station near Cincinnati. The spill that took place around 11.15 p.m. ET on Monday was stopped within 15 minutes, the company said.

  • LONDON, Aug 17- Europe's ageing nuclear fleet will undergo more prolonged outages over the next few years, reducing the reliability of power supply and costing plant operators many billions of dollars.

  • Delays for SC nuclear plant pressure industry Saturday, 16 Aug 2014 | 9:50 AM ET

    The latest announcement came this week from executives at SCANA Corp., which has been warned by its builders the startup of the first of two new reactors in South Carolina could be delayed two years or more.

  • NEW YORK, Aug 14- Puerto Rico's electric power authority, known as PREPA, will pay an interest rate of alternate base rate plus 4 percent under credit agreements with Scotiabank and Citibank, the utility said in a filing on Thursday. PREPA disclosed the rate in a filing on a site of the Municipal Securities Rulemaking Board.

  • Loan payment delayed for Puerto Rico power company Thursday, 14 Aug 2014 | 6:45 PM ET

    SAN JUAN, Puerto Rico— Puerto Rico's financially struggling public power company won a big reprieve Thursday, announcing that creditors agreed to postpone payment of $671 million worth of bank loans until next year.

  • Puerto Rican utility likely to get credit reprieve Wednesday, 13 Aug 2014 | 1:33 PM ET
    A general view of a power station of Puerto Rico Electric Power Authority, in San Juan, March 24, 2014.

    Puerto Rico's power authority PREPA is likely to receive an extension of vital lines of credit it uses to buy oil, a financial industry executive says.

  • Aug 13- Canadian Solar Inc said it expected its more profitable business of building solar power plants to help blunt the impact of a fall in margins in the United States due to the imposition of duties on solar products made in China and Taiwan.

  • A key part of that strategy was for the United States to stop using public money to finance the construction of most coal-fired power plants abroad, seen as one of the main causes of rising pollution from heat-trapping gases.

  • PARIS, Aug 12- Belgian power grid operator Elia, State Grid Corporation of China, Italian grid operator Terna and Canadian pension fund PSP Investments have been shortlisted to bid for a 66 percent stake in Greek grid operator ADMIE, a source familiar with the bidding process told Reuters.

  • Connecticut nuclear plant had 3 safety violations Tuesday, 12 Aug 2014 | 12:22 PM ET

    WATERFORD, Conn.— Federal inspectors cited the state's nuclear plant on Tuesday for three minor safety violations, including a worker who inhaled radioactive material. The Nuclear Regulatory Commission said it found three violations of "very low safety significance" in a quarterly inspection of the Millstone Power Plant on June 30.

  • US regulators approve Canada-NYC power line Monday, 11 Aug 2014 | 1:56 PM ET

    ALBANY, N.Y.— Federal regulators have completed the environmental review of a proposed 330- mile transmission line to bring lower-cost Canadian hydroelectric power to New York City, the project's developer announced Monday.

  • Utility to pay $12M over massive 2011 blackout Friday, 8 Aug 2014 | 12:16 PM ET

    EL CENTRO, Calif.— The customer-owned electric utility serving Southern California's Imperial Valley will pay a $12 million civil penalty in a vast power outage three years ago. The Federal Energy Regulatory Commission announced the settlement with the Imperial Irrigation District on Thursday, U-T San Diego reported.

  • FRANKFURT/ MILAN/ LONDON, Aug 8- Several Italian utilities and private equity groups are expected to hand in tentative offers worth about 2 billion euros for E.ON' s Italian unit early next week, people familiar with the matter told Reuters.

  • Aug 7- SolarCity Corp, the largest installer of residential solar panels in the United States, reported a smaller-than-expected quarterly loss amid "unprecedented demand." SolarCity has become a hit with Wall Street due to its business model that allows homeowners to spread payments for solar panels over 20 years, instead of a one-time hefty down payment.

  • Aug 7- Duke Energy Corp, the largest U.S. power company by market value, reported a 80 percent rise in quarterly profit on higher revenue from its rate-regulated utilities. Net income attributable to Duke rose to $609 million, or 86 cents per share, in the second quarter ended June 30, from $339 million, or 48 cents per share, a year earlier.

  • --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Aug 7- Just how serious is China about cutting or limiting coal consumption? The latest was from the Beijing Municipal Environmental Protection Bureau, which was reported by state media as saying coal use will be banned in the six main districts of the capital by the end of 2020..

  • Japan's nuclear restart may be delayed until 2015 Tuesday, 5 Aug 2014 | 11:06 PM ET

    TOKYO, Aug 6- The long-awaited restart of Japan's nuclear power plants is facing yet another setback and may be delayed until 2015, Japanese media said on Wednesday, piling pressure on struggling utilities to push for fresh price hikes.