Electric Utilities


  • BEIJING, Dec 13- China, the world top energy user, has given the go-ahead to build six new coal mines together with a massive thermal power plant in its northwest, despite warnings about local water shortages as well as the growing risk of pollution.

  • SEOUL, Dec 12- South Korea will start a winter campaign on Monday to curb peak power demand as a quarter of its nuclear units are offline, including one shut as planned on Thursday for maintenance.

  • European shares drop as early Fed taper view hardens Thursday, 12 Dec 2013 | 3:18 AM ET

    Fortum provided support to the index, up 6.5 percent after the state-controlled Finnish utility said it has agreed to sell its power grid in Finland to Suomi Power Networks consortium for 2.55 billion euros.

  • UPDATE 1-Fortis to buy UNS Energy for about $2.5 bln Wednesday, 11 Dec 2013 | 5:41 PM ET

    Dec 11- Fortis Inc has reached a friendly deal to buy Arizona- focused utility UNS Energy Corp for about $2.5 billion in cash, the Canadian power company said on Wednesday, as it looks to expand its presence in the United States.

  • Fortis to buy UNS Energy for about $2.5 bln Wednesday, 11 Dec 2013 | 4:50 PM ET

    Dec 11- Canadian power company Fortis Inc said it agreed to buy utility firm UNS Energy Corp for about $2.5 billion in cash to expand its presence in the United States.

  • FACTBOX-U.S. coal-fired power plants scheduled to shut Tuesday, 10 Dec 2013 | 4:37 PM ET

    Those controls are needed to keep the units compliant with federal environmental rules proposed since President Barack Obama took office in 2009. There are about 318 gigawatts of coal-fired power plants in the United States, about 30 percent of the nation's 1,051 GW generation fleet.

  • DUBAI, Dec 10- The world's largest gas reserves may tempt some energy companies back to Iran if sanctions are lifted, but Tehran is unlikely to become a significant gas supplier to Europe or Asia for at least a decade.

  • SEOUL, Dec 10- South Korea is looking to scale back plans to rely on nuclear power, but growing energy demand and the shutdown of aging reactors mean it will still likely need to build new nuclear-fired plants in the next two decades.

  • TABLE-South Korea's 23 Nuclear reactors; five offline Tuesday, 10 Dec 2013 | 4:30 AM ET

    SEOUL, Dec 10- South Korea supplies about a third of its electricity from 23 nuclear power plants and plans to add 11 more by 2024, while the government is looking to lower its reliance on nuclear power to 29 percent of its total power supply by 2035. South Korea's energy ministry said on Tuesday it is considering decreasing its dependence on nuclear power to 29 percent, from a planned 41 percent by 2030. Of the current 23 units, five are offline as of Tuesday, and the total number of closure may rise as the country's nuclear reactor operator will go ahead with scheduled maintenance for another reactor, the Hanbit No. 5, on Thursday.

  • SEOUL, Dec 10- South Korea is looking to cut its reliance on nuclear power to 29 percent of the country's total power supply by 2035, the least amount of reduction recommended by a group urging the government to cut dependence on nuclear-fired generators.

  • They want the EPA to force nine states- Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, Tennessee, Virginia and West Virginia- to regulate the emissions that cross into their borders through prevailing winds and contribute to higher ozone levels to the north and east of the upwind states.

  • SINGAPORE, Dec 9- Southeast Asia's power sector will tilt away from gas to use more coal by the end of this decade, chipping away at demand for liquefied natural gas as the region of more than 600 million people tries to cut costs to meet soaring electricity needs.

  • WASHINGTON, Dec 6- The Obama administration on Friday extended the length of permits that allow wind farms and other operations to accidentally kill protected eagles to 30 years, drawing fire from wildlife conservationists.

  • WASHINGTON, Dec 6- The U.S. government on Friday extended the length of permits allowing wind farms and other operations to accidentally kill protected eagles, drawing fire from wildlife conservationists.

  • *Storm kills two in Britain, one in Denmark. BERLIN/ LONDON Dec 5- Hurricane-force Storm Xaver blasted towards mainland Europe on Thursday after cutting transport and power in northern Britain and killing three people in what meteorologists warned could be the worst storm to hit the continent in years.

  • The EPA has already published draft regulations that would limit greenhouse emissions from new coal plants to no more than 1,000 lbs of carbon dioxide per megawatt-hour of electricity generated.

  • SOFIA, Dec 5- Bulgaria's parliament voted on Thursday to impose a 20 percent charge on income from wind and solar power installations next year as the Socialist-led government struggles to keep down electricity bills.

  • *UK power market faces severe shortage after 2015. LONDON, Dec 4- British lawmakers rejected an amendment on Wednesday that would have forced tougher rules on old coal-fired power plants, sparing the energy market from an even tighter squeeze as ageing nuclear plants shut later this decade.

  • COLUMN-Coal, the dirty but indispensable fuel: Kemp Wednesday, 4 Dec 2013 | 6:45 AM ET

    LONDON, Dec 4- Supporters of renewables often imply the clean-energy revolution is close to phasing out fossil fuels for electricity generation in the United States, especially polluting coal-fired power plants.

  • Seventh nuclear facility halted in South Korea Tuesday, 3 Dec 2013 | 9:13 PM ET

    SEOUL, Dec 4- Power generation at a seventh nuclear facility was halted in South Korea on Wednesday, due to a technical glitch, the country's atomic operator said, boosting the chance of power blackouts this winter.

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