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Electric Utilities

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  • The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel. Coal output is also concentrated in the north and east of India, while power demand growth is more toward the south and west.

  • *83 senators say Iran has no right to enrich uranium. WASHINGTON, March 18- As talks on a nuclear deal for Iran resumed in Vienna Tuesday, a wide majority of U.S. senators urged President Barack Obama to insist that any final agreement state that Iran "has no inherent right to enrichment under the Nuclear Non-Proliferation Treaty."

  • WASHINGTON, March 18- A majority of U.S. senators on Tuesday urged President Barack Obama to insist a final agreement on Iran's nuclear program contains a measure to prevent Tehran from ever having a path to nuclear weapons, as talks on the deal resumed in Vienna.

  • *Sees higher shipments, margins in 2014 as China contributes less. *Says has 1 GW worth of power plant projects across China. A recovery in solar panel prices after a four year slump has helped Yingli's rivals such as Trina Solar Ltd, JA Solar Holdings Co Ltd post profits in recent quarters, while JinkoSolar Holding Co Ltd posted a profit last August.

  • JOHANNESBURG, March 16- Mozambique's overall budget deficit is projected to widen to 9.5 percent this year from 3 percent in 2013, the International Monetary Fund said, as the country continues its spending-driven quest for economic growth.

  • JOHANNESBURG, March 16- On paper, South Africa's long-term energy plans look solid, with coal, nuclear, gas and renewables all viable options. But none are likely to prevent potentially crippling future power crunches in Africa's biggest economy unless a decision is made soon on when and how to add capacity to the grid.

  • NEW YORK, March 14- Power producers' coal ash disposal ponds like the one that leaked toxic sludge into a North Carolina river in February may soon become a thing of the past. At least 30,000 tons of arsenic-laced coal ash were released into North Carolina's Dan River in early February when a pipe broke under Duke Energy Corp's 27- acre ash pond.

  • Saboteurs could black out entire US: Report Thursday, 13 Mar 2014 | 9:36 AM ET
    Cars are blurred as they pass by a darkened Flatiron Building in a section of Manhattan still in a blackout following Hurricane Sandy on October 30, 2012 in New York City.

    The federal study found that if saboteurs attacked just nine substations, the country's power network could collapse. The Wall Street Journal reports.

  • *Genesis offer to open March 29 after bookbuild. WELLINGTON, March 13- New Zealand is seeking to raise as much as NZ $800 million through the sale of a minority stake in power company Genesis Energy Ltd, setting a low price range and offering other sweeteners to draw investors to the last of its state asset sales.

  • LIMA, March 12- Peru is talking with Brazilian construction giant OAS about resuming construction on a $4 billion hydroelectric plant that has been stalled since 2011 because of local opposition, an official said on Wednesday. An OAS representative in Peru said by telephone that the company did not have any comment.

  • Fire breaks out in upper Manhattan, 2 dead     Wednesday, 12 Mar 2014 | 1:18 PM ET

    CNBC's Tyler Mathisen reports a large explosion rocked East Harlem Wednesday, where a fire broke out seconds later.

  • *E.ON to close 13 GW of plants, Enel to mothball 8 GW. DUESSELDORF, Germany/ MILAN, March 12- E.ON and Enel, two of Europe's largest power utilities, said on Wednesday they plan to shut more plants and cut costs, joining rivals in warning that the industry crisis will weigh on profits for years to come.

  • *Enel cuts dividend to 0.13 euros from 0.15 euros/ share. DUESSELDORF, Germany/ MILAN, March 12- E.ON and Enel, two of Europe's largest power utilities, are to shut more plants and cut costs, they announced on Wednesday, joining rivals in warning that the industry crisis will weigh on profits for years to come.

  • Premier Li Keqiang declared China's pollution as "nature's red-light warning against inefficient and blind development" in his address to the annual meeting of parliament on March 5.

  • SYDNEY, March 12- Shanghai copper fell by its five percent daily limit on Wednesday and London copper touched a 44- month low, as fears grew that credit-linked defaults in China could unlock copper from financing deals and unleash further selling.

  • March 10- California set back-to-back solar power records last week, the state grid operator said on Monday. With 5,231 MW, California leads the nation in installed solar generation, including thermal and photovoltaic facilities, according to the Solar Energy Industries Association.

  • LONDON, March 10- Owners and operators of high-voltage transmission lines and substations must identify critical facilities and implement a security plan to protect them from physical attack, the U.S. Federal Energy Regulatory Commission ordered on Friday.

  • TOKYO, March 10- A government panel has recommended Japan lift the amount utilities must pay for electricity from offshore wind farms while cutting prices for power fed in from solar projects, as the country looks to diversify its use of renewable energy.

  • MOSCOW, March 8- Rosatom, Russia's state energy corporation, said on Saturday it would resume nuclear fuel shipments to Europe via Ukraine after Kiev lifted a ban imposed during anti-government protests earlier this year on transporting the hazardous material.

  • March 7- More than 420,000 homes and businesses remained without power in North Carolina and South Carolina on Friday evening due to a winter ice storm with high winds that brought down trees and power lines.