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Electric Utilities

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  • SOFIA/ BRUSSELS, July 6- Bulgaria, one of five EU states that depend totally on Russia for nuclear fuel, is set to take a step towards diversifying its suppliers when Westinghouse Electric Company buys a stake in a state-controlled firm building new atomic units.

  • SAN FRANCISCO, July 3- A California Democrat on Thursday introduced a bill he believes will keep gasoline prices down by delaying the expansion of the state's carbon cap-and-trade program, a move that has angered environmentalists.

  • SAN FRANCISCO, July 3- A California Democrat on Thursday introduced a bill that would keep gas prices down by delaying the state's planned expansion of its carbon cap-and-trade program to cover transportation fuels next year, a move that has angered environmentalists.

  • WASHINGTON, July 3- The U.S. Export-Import Bank is considering financing a massive coal-fired power plant in India despite the fact the Obama administration has called on domestic and global public lenders to stop funding coal-plants in his climate change strategy.

  • China's second biggest hydro plant completed Wednesday, 2 Jul 2014 | 10:31 PM ET

    BEIJING, July 3- China's Xiluodu hydropower station, the country's second largest in terms of capacity, went into full operation this week after its 18th and final generating unit was completed, the project operator said in a notice on Wednesday.

  • SAN FRANCISCO, July 2- NRG Energy vowed on Wednesday to press ahead with a proposal to build a power plant in coastal Southern California even after a city council expressed opposition, citing fears it could be inundated by rising sea water.

  • WASHINGTON, July 1- Creditors to Puerto Rico's electricity provider were given a slight respite on Tuesday when the bonds' trustee made a scheduled payment, but the U.S. municipal bond market remained worried the Puerto Rico Electric Power Authority will soon use a new bankruptcy-like process to restructure its debts.

  • WASHINGTON, July 1- Creditors to Puerto Rico's troubled electricity provider were given a slight respite on Tuesday when the bonds' trustee made a scheduled payment, but the U.S. municipal bond market remained worried the Puerto Rico Electric Power Authority will soon use a new bankruptcy-like process to restructure its debts.

  • ATHENS, July 1- Workers at Greece's state-controlled power utility PPC will stage a series of strikes from Wednesday, in the midst of the summer tourism season, to protest government plans to privatise the firm, their union leader said.

  • LONDON, July 1- Sweden's renewable energy support scheme is compatible with European Union law, the EU's top court said on Tuesday, in a ruling that means member states will avoid a radical overhaul of their renewable energy laws.

  • LONDON, July 1- Sweden's renewable energy support scheme is compatible with European Union law, the EU's top court ruled on Tuesday, in a judgment that means member states will avoid a radical overhaul of their renewable energy laws.

  • 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