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Electric Utilities

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  • 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...

  • Time to cut the cord on global power grid Thursday, 8 Jan 2015 | 2:59 PM ET
    Electrical outlet

    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 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.

  • Will oil’s drop hurt renewable energy? Thursday, 4 Dec 2014 | 10:43 PM ET
    School students near the Solar Energy compound at Moushuni in West Bengal, India

    Suddenly cheap oil may spur economic re-calculations across the board, but analysts are sticking with a still-sunny outlook for renewable energy.

  • Why the sun may not shine on utility dividends Monday, 1 Dec 2014 | 7:00 AM ET
    Solar energy roof panels

    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.

  • 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.

  • 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.