Electric Utilities


  • Iran and the six- the United States, France, Germany, China, Russia and Britain- hope that resolving the more-than-decade-long nuclear standoff with Iran will reduce regional tensions and alleviate the risk of another war in the Middle East. Top diplomats of the United States, Iran and the European Union will meet in Vienna next week to work on a comprehensive deal...

  • NEW YORK, Oct 10- US power company Dynegy looks set to price its new $5.1 bn high-yield acquisition finance bond Friday wider than first expected due to a surge in market volatility over the past few days. The single B rated issuer set price talk this morning at 6.75% area on a minimum US $2 bn five-year non-call 2.5; 7.375% area on a US $1.5- 2.0 bn eight-year non-call...

  • The decision by Beijing to levy a duty of 6 percent on thermal coal and 3 percent on coking coal imports from Oct. 15 certainly is yet another blow to Australia's already beleaguered coal miners. They will suffer disproportionately as the tariffs won't affect shipments from rival Indonesia, given it enjoys a free-trade agreement with China through being part...

  • *Austria has threatened legal action. BRUSSELS, Oct 8- A British plan to guarantee the price of power from its first new nuclear project in decades won European Union backing in a landmark ruling on Wednesday that threatens to trigger legal challenges. The ruling clears the way for the 16- billion-pound Hinkley Point nuclear power station in southwest England...

  • TOKYO, Oct 7- Japan's reboot of nuclear power, expected to begin early next year, is set to punish oil imports the most as utilities slash the use of their highest-cost fuel and shut aging oil-fired plants, a survey of Japan's nine biggest power companies showed. Utilities in Japan are keen to close oil-burning units, not only because crude and fuel oil are their most...

  • US STOCKS-Solar companies fall on heavy volume Monday, 6 Oct 2014 | 1:53 PM ET

    Nearly all companies in the space were lower, with Vivint Solar Holdings Inc down 9.8 percent to $12.40 as one of the biggest percentage decliners on the New York Stock Exchange. Among other names, Yingli Green Energy fell 2.9 percent to $3.03, SolarCity Corp lost 2.8 percent to $57.41 and the Guggenheim Solar ETF fell 4.5 percent to $38.24. Canadian Solar fell 2.7...

  • *Iberdrola wants to make acquisition in the U.S. MADRID/ FRANKFURT, Oct 6- Spanish power firm Iberdrola has hired JPMorgan Chase& Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market, three sources with knowledge of the matter said. Iberdrola's earnings suffered in Europe's...

  • SAO PAULO, Oct 5- In Brazil's most unpredictable election in decades, it was the candidate with the old-school family pedigree and a calm, presidential air who turned the race upside down with a dramatic late surge. Stuck in third place and all but written off just a week ago, Senator Aecio Neves, 54, comfortably grabbed second place in the first round of voting on...

  • LONDON, Oct 2- In a milestone for the carbon capture and storage movement, SaskPower's Boundary Dam power plant began making pipeline deliveries of liquid carbon dioxide on Wednesday. Capture systems have already been deployed at three industrial plants in the United States that produce hydrogen and fertiliser, as well as at the Great Plains Synfuels Plant, a...

  • RIO DE JANEIRO, Oct 1- Brazil's electrical utilities have lost their financial independence and are dependent on the Brazilian Treasury to keep operating, the head of the country's chief federal audit court told reporters in Brasilia on Wednesday. In the face of a drought, rising demand for power and delays in building new power plants and transmission lines,...

  • Secret to Jeff Goldblum's success? Think electric Monday, 29 Sep 2014 | 12:48 PM ET
    Jeff Goldblum in a G.E. spot "Enhance Your Lighting".

    We've finally figured out the secret to Jeff Goldblum's enduring charm and success as an actor: really great lighting, TODAY reports.

  • Calls intensify for protecting America's power grid Thursday, 11 Sep 2014 | 1:41 PM ET

    Widespread electronic attacks on U.S. interests have amplified calls to fortify the U.S.'s aging electric grid from terrorism.

  • Are the world’s cars on the cusp of going solar? Wednesday, 27 Aug 2014 | 6:27 PM ET

    Falling solar system and battery prices combined with electric vehicles' rise may soon send internal combustion engines to the junk yard, analysts say.

  • 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
    Scenes From Hurricane Sandy

    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.