GO
Loading...

Electric Utilities

More

  • 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.

  • Aug 5- First Solar Inc, the biggest solar panel maker in the United States, reported a lower-than-expected quarterly profit, sending its shares down 5 percent in extended trade.

  • FRANKFURT/ MADRID, Aug 5- Bidders are readying indicative offers for the Spanish assets of Germany's top utility E.ON, three sources familiar with the matter told Reuters, adding bids would value the whole portfolio at about 2 billion euros.

  • LAUNCESTON, Australia, Aug 5- Prices for thermal and coking coal appear poised to diverge, with the power-plant fuel remaining mired in the doldrums and the steel-making ingredient posting modest gains. The 2011 high was reached after severe flooding in Queensland state, the main coking coal producer in top exporter Australia.

  • PARIS, Aug 1- Shares in French nuclear power group Areva closed 20 percent lower on Friday, the worst fall since the company was formed in 2001, as it posted a first-half loss, exited a thermal solar power business and cut sales targets.

  • *Sees Q3 adjusted earnings $0.15- $0.35/ shr vs est $0.28. July 31- SunPower Corp, the second-largest solar panel maker in the United States, reported a 30 percent fall in quarterly profit as it installed fewer solar plants, sending its shares down 4 percent in extended trading.

  • *New South Wales wants $10 bln for 49 pct of electricity network. Rooftop solar installations are booming and on-grid energy use is falling just as the government of New South Wales state prepares to offer a 49 percent stake in its electricity distribution network for around $10 billion, likely to one or more strategic investors.

  • 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.

  • Wisconsin Energy buys Integrys in $5.7 bln deal Monday, 23 Jun 2014 | 8:50 AM ET

    Wisconsin Energy struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.

  • A company putting the gas station out of business Tuesday, 17 Jun 2014 | 6:00 AM ET
    Pasquale Romano, CEO of ChargePoint

    Imagine a line of cars waiting to use an EV charging station and weeds growing on an abandoned Exxon lot. That's ChargePoint's vision.

  • Is solar really ready for prime time? Wednesday, 4 Jun 2014 | 3:16 AM ET
    Solar panels near the Marina Barrage in Singapore

    Predictions solar energy will disrupt the grid system may be premature, with analysts noting urban settings may stay dependent on traditional power.

  • Scenes From Hurricane Sandy Friday, 23 May 2014 | 2:29 PM ET

    The East Coast's most populated region is struggling to recover from devastating Hurricane Sandy, its worst storm in generations.

  • Employees place a solar panel into a box at the Tata Power Solar Systems manufacturing plant in Bangalore, India.

    While adopting solar power in developed markets usually weighs on utility incumbents, Asia's players are likely to reap benefits, Bernstein said.

  • Exelon deal to create largest mid-Atlantic utility Wednesday, 30 Apr 2014 | 1:22 PM ET

    Nuclear power producer Exelon Corp. said it would buy Pepco Holdings for $6.83 billion to create the biggest mid-Atlantic electric and gas utility.

  • Texas' Energy Future files for bankruptcy Tuesday, 29 Apr 2014 | 12:26 PM ET
    The Luminant Lake Hubbard natural gas power plant, a subsidiary of Texas Energy Future Holdings LP, stands in Dallas, Texas.

    Energy Future filed for bankruptcy protection, seven years after its record leveraged buyout stacked it with debt just as prices for its electricity plunged.

  • Winter's over: Nat gas price surge may not be Monday, 28 Apr 2014 | 8:46 AM ET
    Workers install a natural gas pipeline.

    The U.S. faces a natural gas supply shortfall this year despite the country's fracking boom, threatening more price spikes.

  • GE boss to meet French minister as Alstom deal progresses Saturday, 26 Apr 2014 | 10:17 AM ET

    GE boss is due in Paris on Sunday and is expected to meet France's economy minister as he closes in on a deal to buy the power arm of French engineer Alstom

  • Protecting the national power grid  Friday, 25 Apr 2014 | 3:37 PM ET

    Nick Akins, American Electric Power president & CEO, explains how the polar vortex "substantially" helped the company's Q1 earnings and discusses threats to the national power grid.