CAIRO, April 23- Egypt needs to find at least $5 billion to invest in its dilapidated power grid, a government official told Reuters, highlighting a major challenge for the next president as the country faces the risk of worsening blackouts this summer.» Read More
*Nascent compromise on Iran's "right to enrich" uranium. *Fate of Iran's Arak heavy-water reactor remains dispute.
*Nascent compromise on Iran's stated "right to enrich" uranium. *Fate of Iran's Arak heavy-water reactor remains key dispute. Secretary of State John Kerry arrived in Geneva on Saturday to join talks on Iran's contested nuclear programme with Tehran and six world powers appearing on the verge of a breakthrough to defuse the decade-old standoff.
*France's Fabius says in Geneva to reach "solid deal". Secretary of State John Kerry arrived in Geneva on Saturday to join talks on Iran's contested nuclear programme, as Tehran and six world powers appeared to be on the verge of a breakthrough in the decade-old dispute.
TOKYO, Nov 23- The operator of Japan's wrecked nuclear plant and three Mitsubishi group firms plan to build a new type of energy-efficient coal-fired power plants in Fukushima, a source said on Saturday.
*Possible compromise on Iran's claimed "right to enrich" uranium. Secretary of State John Kerry will join talks on Iran's nuclear programme in Geneva on Saturday, as Tehran and six world powers appeared to be on the verge of an elusive breakthrough in the decade-old dispute.
NEW YORK/ LONDON, Nov 22- U.S. bank Goldman Sachs Group Inc has put its uranium trading business up for sale, a source familiar with the matter said on Friday, the latest sign that Wall Street's most storied commodity trader is paring back parts of the business.
*Russia's Lavrov in Geneva to join talks; Kerry to come too. Secretary of State John Kerry will travel to Geneva to join talks on Iran's nuclear programme, the State Department said on Friday, as Tehran and six world powers appeared closer to clinching an elusive breakthrough.
*Israel renews campaign of criticising offer to Iran. GENEVA, Nov 22- Iran and six world powers appeared closer on Friday towards clinching an elusive interim deal under which Tehran would curb its contested nuclear programme, with diplomats saying a major sticking point may have been overcome.
LONDON, Nov 22- U.S. bank Goldman Sachs Group Inc is putting its uranium trading business up for sale, a source familiar with the matter said on Friday.
Nov 21- Power generating companies installed over 500 megawatts of solar power and over 100 MW of wood waste and other biomass type fuels in the United States in October, according to a report by federal energy regulators. The biggest power plant to enter service in October was Spanish multinational Abengoa SA's 280- MW Solana solar thermal plant in Arizona.
*UK needs 200 bln new energy investment by end of decade. LONDON, Nov 21- The risk of political intervention in Britain's power market is threatening to push up the cost of UK energy projects at a time when the country desperately needs fresh investment to build new generating capacity.
*Almost 30 pct of seaborne coal sold at a loss- Glencore. *Glencore to raise S.African coal production by 55 mln tonnes/year. LONDON, Nov 20- Thermal coal prices will rise in the medium term as current prices force many producers to export at a loss and because booming electricity demand in Asia will drive up the market, said mining major Glencore Xstrata.
*TUV SUD of Germany reports on five-month review of Korean reactors. SEOUL, Nov 20- The safety of South Korea's nuclear reactors "should be improved significantly", although no immediate actions are needed, an international nuclear safety evaluation body said after completing a five-month review of the country's reactors.
JOHANNESBURG, Nov 19- South African utility Eskom declared a power emergency on Tuesday, urging key industrial customers to reduce consumption to ease pressure on the grid and warning it might apply rolling blackouts similar to those implemented five years ago.
The U.S. Court of Appeals for the District of Columbia Circuit said the fees could not be justified because the federal government's long-stalled plan to build a national waste facility at Yucca Mountain in Nevada has not come to fruition.
LONDON, Nov 19- Integrating an increasing supply of wind, solar and other variable sources of power onto the grid will require conventional plants to become more flexible. The question is whether coal-fired generators are up to the challenge.
TOKYO, Nov 19- The operator of the crippled Fukushima nuclear plant, seeking to revive its finances, will receive $2 billion in funding from its lenders via private-placement bonds, a step that will offer greater protection to creditors, people familiar with the situation said on Tuesday.
*Castle Peak has total generation capacity of 6,908 MW. HONG KONG, Nov 19- Exxon Mobil Corp has agreed to sell its majority stakes in a Hong Kong utility and a power storage firm for a combined $3.4 billion, helping the U.S. oil major raise funds to plough back into its core operations.
Coal has replaced nuclear as the form of energy that environmentalists most love to hate. "The world needs to turn its back on the fossil fuels of the past, like coal, which have helped to create today's climate and instead look to the clean, renewable energy sources of the future," the UK charity Christian Aid said on Monday.
WARSAW, Nov 18- The U.N. climate chief urged a radical clean-up of the coal industry on Monday to help limit global warming, at an industry meeting in Warsaw condemned by environmentalists as a distraction from the nearby U.N. climate change conference.