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Electric Utilities

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  • Germans balk at plan for wind power lines Wednesday, 24 Dec 2014 | 11:55 PM ET
    Wind power station, Schleswig-Holstein, Germany

    Germans have welcomed renewable energy, even as electric bills doubled. But enthusiasm appears to be waning with a plan for high-voltage transmission lines. The New York Times reports.

  • Microsoft Corp and Sony itself are also showing the comedy, a day before its scheduled premiere at some 320 independent theaters. He added that Sony had first reached out to Google, Microsoft "and other partners" on Dec. 17, the day the studio said it was canceling the movie's Christmas Day release. The showing is a chance for Google and Microsoft, which have been bit...

  • ( (Adds comment from Google and White House). Microsoft Corp and Sony itself are also showing the comedy, the studio said, a day after agreeing to release it at some 200 independent theaters. The showing is a chance for Google and Microsoft, which have been bit players in a VOD market dominated by Apple Inc, Amazon.com Inc and cable and satellite operators, to raise their...

  • SEOUL, Dec 24- South Korea expects power supplies in the peak winter season to remain stable even if some of its 23 nuclear reactors are shut following threats by a hacker, the energy ministry and Korea Power Exchange officials said on Wednesday. Korea Hydro& Nuclear Power, which operates 23 nuclear reactors to supply a third of the country's power, said on Monday...

  • The White House praised Sony's about-face, which the studio said would result in "a limited theatrical release" of the film, which stars Seth Rogen and James Franco and is about a fictional plot to assassinate North Korea leader Kim Jong Un. "The decision made by Sony and participating theaters allows people to make their own choices about the film, and we welcome...

  • Shortly thereafter, the White House praised Sony's about-face, which the studio said would result in "a limited theatrical release" on Christmas Day of the film, which stars Seth Rogen and James Franco and is about a fictional plot to assassinate North Korea leader Kim Jong Un. "The decision made by Sony and participating theaters allows people to make their own...

  • LOS ANGELES/ WASHINGTON, Dec 23- Sony Pictures cleared the way on Tuesday for release of "The Interview" in some U.S. theaters on Christmas Day, less than a week after pulling the movie following a devastating cyberattack that has been blamed on North Korea. Sony Pictures Chief Executive Michael Lynton said there would be "a limited theatrical release" in the United...

  • SEOUL/ WASHINGTON, Dec 23- North Korea, at the center of a confrontation with the United States over the hacking of Sony Pictures, experienced a complete Internet outage for hours before links were restored on Tuesday, a U.S. company that monitors Internet infrastructure said. President Barack Obama had vowed on Friday to respond to the major cyber attack, which he...

  • LONDON/ PARIS, Dec 22- Britain's Serious Fraud Office has charged a British subsidiary of French energy equipment firm Alstom with bribing officials to secure a power contract, making it the second Alstom unit to face UK charges this year. Monday's charges are the latest in a series of international bribery investigations into Alstom, which has suffered a drop...

  • SEOUL, Dec 22- Computer systems at South Korea's nuclear plant operator have been hacked, the company said on Monday, sharply raising concerns about safeguards around nuclear facilities in a country that remains technically at war with North Korea. But the hacking was reported as the United States accused North Korea of a devastating cyberattack on Sony...

  • SEOUL, Dec 22- Computer systems at South Korea's nuclear plant operator have been hacked, but only non-critical data has been lost and there is no risk to the safety of nuclear installations including the country's 23 atomic reactors, the company and the government said on Monday. The attacks come amid concerns that North Korea may mount cyberattacks against...

  • SEOUL, Dec 21- Seoul prosecutors have launched an investigation into a leak of non-critical data at South Korea's nuclear power operator, the prosecutors' office said on Sunday, as worries mount about nuclear safety and potential cyberattacks from North Korea. Concern over potential cyberattacks from North Korea has got worldwide attention since the...

  • BUENOS AIRES, Dec 19- Argentina has held a preliminary auction to award the contract to build a $1.84 billion hydroelectric dam in the southern province of Neuquen, the country's Planning Ministry said on Friday. Construction of the dam called Chihuido, in Argentina's Patagonia region, will be managed by a consortium of the following Argentine companies:...

  • "If people think this is just to raise the flag, it's not going to last long," said Christopher Flensborg, Head of Sustainable Products and Product Development for Skandinaviska Enskilda Banken AB, the Swedish bank that's the world's largest underwriter of green bonds. Green bonds used to come exclusively from AAA-rated organizations like the World Bank; the...

  • VANCOUVER, Dec 16- British Columbia will go ahead with building the Site C hydroelectric dam, Premier Christy Clark said on Tuesday, even as the controversial project's estimated cost rose to as much as C $8.78 billion. Critics say the dam, planned for the Peace River in northeastern British Columbia, will flood farmland and destroy wildlife habitat and heritage...

  • JOHANNESBURG, Dec 12- South Africa will announce a series of renewable energy projects on Monday that will add 1,000 megawatts of power into the country's constrained electricity grid, sources close to the deals told Reuters. Another non-government source familiar with the bidding said the following firms were strong contenders: Johannesburg- based...

  • CAPE TOWN, Dec 11- South Africa will increase diesel and gas imports and sign a private sector coal-fired power plant deal as it seeks to stem chronic electricity shortages, the cabinet said on Thursday. South Africa has suffered its worst power shortages since 2008 this month due to creaking infrastructure, power plant failures and emergency maintenance.

  • TOKYO, Dec 11- Once at the forefront of the fight again global warming, Japan is now facing calls from other big economies such as China to set fresh emissions targets as Tokyo increases its use of dirty coal energy to replace nuclear. Japan now finds itself alongside India and Russia, the world's third- and fourth-biggest polluters, by not yet declaring goals.

  • NEW DELHI, Dec 11- Russia's state-owned Rosatom said it would supply 12 nuclear energy reactors for India over 20 years, under an agreement aimed at boosting nuclear energy cooperation signed by the two countries during a summit in New Delhi on Thursday. A 1,000- megawatt reactor is operating at the Russian-built Kudankulam power station in India's Tamil Nadu...

  • HONG KONG, Dec 10- Shares in China's largest nuclear power producer, CGN Power Co Ltd, surged 24.1 percent in their Hong Kong trading debut on Wednesday as investors bet on a government-backed sector primed for growth. CGN Power raised about $3.2 billion after pricing the deal at the top of a HK $2.43 to HK $2.78 per share marketing range.. CGN Power said it expected...