One of the country's largest power companies, Southern Co., says it hopes drones can eventually identify storm damage in the Southeast and allow it to increase its routine inspections. "One of the biggest challenges is going out and assessing the system," said Andrew Phillips, who has directed drone research for the Electric Power Research Institute, an electric...» Read More
Jan 12- A group of hedge fund creditors of Caesars Entertainment Corp sought on Monday to force its main operating unit into bankruptcy and to appoint an independent examiner to investigate what they allege was the plundering of the company. The involuntary bankruptcy petition was filed by affiliates of Appaloosa Management, Oaktree Capital Management and...
NEW DELHI, Jan 12- Rio Tinto Ltd expects to start exporting Australian uranium to India in the next two years, its chief executive said, as soon as safeguards are in place to restrict its use to power generation. Modi and his Australian counterpart Tony Abbott sealed a deal in September for Australia to sell India uranium, in a show of international acceptance...
GANDHINAGAR, India, Jan 11- There could be progress on U.S.- India civil nuclear cooperation, solar power and climate change when U.S. President Barack Obama visits India in two weeks, U.S. officials said on Sunday. Obama's visit to India and trips by Kerry and other U.S. senior officials aim to woo India as a strategic partner and to win greater access to the vast...
It's time for energy utilities and grids to cut the old-school cord, says Terry Tamminen.
Jan 6- American Electric Power Co Inc said on Tuesday that it retained Goldman Sachs to explore options for its wholesale power business. The assets include 11 company-owned plants and stakes in two jointly owned power plants, Melissa McHenry, director of external communications at American Electric, said in an e-mail. Columbus, Ohio- based American Electric...
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.
Suddenly cheap oil may spur economic re-calculations across the board, but analysts are sticking with a still-sunny outlook for renewable energy.
For decades, retirees have counted on utilities to pay big dividends and cover interest on bonds, but that was before solar took off.
Germany's biggest utility E.ON announced plans on Sunday to split in two and spin off most of its power generation, energy trading and upstream businesses.
We've finally figured out the secret to Jeff Goldblum's enduring charm and success as an actor: really great lighting, TODAY reports.
Widespread electronic attacks on U.S. interests have amplified calls to fortify the U.S.'s aging electric grid from terrorism.
Falling solar system and battery prices combined with electric vehicles' rise may soon send internal combustion engines to the junk yard, analysts say.
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 struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.
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.
Predictions solar energy will disrupt the grid system may be premature, with analysts noting urban settings may stay dependent on traditional power.
The East Coast's most populated region is struggling to recover from devastating Hurricane Sandy, its worst storm in generations.
While adopting solar power in developed markets usually weighs on utility incumbents, Asia's players are likely to reap benefits, Bernstein said.
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.
Energy Future filed for bankruptcy protection, seven years after its record leveraged buyout stacked it with debt just as prices for its electricity plunged.