The Monterrey- based company will also dramatically ramp up its electricity generation over the next five years in the wake of a major energy sector overhaul, Raul Millares, Alfa's energy director, said in an interview. "Alfa sees very favorably our ability to develop business here in Mexico in the areas of oil and gas," Millares said.» Read More
Dynegy plans to spend more than $6 billion to buy several coal and gas power generation plants from Duke Energy and Energy Capital Partners. The deal will add about 12,500 megawatts of coal and gas generation and expand Dynegy's retail business into Ohio, Pennsylvania and Michigan.
Aug 22- U.S. power company Dynegy Inc said on Friday that it would buy 12,500 megawatts of coal and gas generation assets from Duke Energy Corp and Energy Capital Partners, in two deals valued at $6.25 billion. The deal will almost double Dynegy's power-generation capacity.
HEXIGTEN, China— Deep in the hilly grasslands of remote Inner Mongolia, twin smoke stacks rise more than 200 feet into the sky, their steam and sulfur billowing over herds of sheep and cattle. This is the first of more than 60 coal-to-gas plants China wants to build, mostly in remote parts of the country where ethnic minorities have farmed and herded for centuries.
The TVA said the plant consumes about 7,200 tons of coal daily. TVA already has announced plans to shut down coal-fired boilers at plants in Alabama, Kentucky and Tennessee. The U.S. government-owned utility supplies power to about 9 million people in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.
LUBBOCK, Texas— Depleted uranium from federal energy facilities can be buried at a nuclear-waste dumping site in West Texas, state regulators decided Wednesday.
Energy Secretary Ernest Moniz championed the use of nuclear power and urged politicians and leaders in the energy industry to adapt and modernize energy production to help minimize the fallout from global warming.
CAIRO— Top officials in Egypt promised Wednesday to end the rolling blackouts hitting the country in four months, blaming the outages on a fuel shortage, hot weather and poor maintenance of power plants. Neighborhoods in Egypt sink into darkness for hours during the day, leaving millions without power.
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.
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.
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.
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 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.
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.