WASHINGTON, Dec 6- The Obama administration on Friday extended the length of permits that allow wind farms and other operations to accidentally kill protected eagles to 30 years, drawing fire from wildlife conservationists.» Read More
NEW YORK, July 24- JPMorgan Chase& Co's commodity trading arm is looking to sell more of the electricity deals it has with U.S. power plants and wind farms, a source familiar with the business said on Wednesday, at a time when Wall Street's involvement in physical commodity markets is under heightened scrutiny.
LONDON July 24- The European Investment Bank, the EU's finance arm, said it would stop lending to most coal-fired power stations to help the 28- nation bloc reduce pollution and meet climate targets, a move that may put pressure on other lenders.
MOSCOW, July 22- The champagne flowed, stars of St Petersburg's Mariinsky theatre entertained and the mood of the guests was buoyed by charts showing how the world is still buying nuclear reactors.
"Due to the superb teamwork and coordination of New York's transmission owning utilities, electric generating companies, demand response resources, energy services providers and government agencies, we have successfully met record-high electric demand with sustained reliable operation of the bulk electric system," NYISO Chief Executive Stephen Whitley said in statement.
BRUSSELS/ LONDON, July 19- Germany on Friday rebuffed draft plans by the European Commission to allow European Union member states to directly subsidise nuclear power. "Germany voted against and I support that," Merkel told a news conference in Berlin, when asked about the draft.
CNBC's Scott Cohn looks at electricity storage and a new battery technology that could actually power entire neighborhoods.
With electricity demand in places like NYC flirting with all-time highs, power prices are reaching staggering levels.
WASHINGTON, July 18- The U.S. Export-Import Bank board of directors voted on Thursday not to proceed with the financing of U.S. exports to help build a coal-fired power plant in Vietnam, following a plea from U.S. environmental groups to stop the project.
They have asked consumers to conserve power, deferred non-essential equipment maintenance and activated demand response programs to reduce energy usage in the New York City area, but there have been no widespread blackouts- just some scattered outages.
LONDON, July 18- Most people in Britain want to reduce reliance on fossil fuels, but due more to fears of shortages and rising prices than to fears about climate change, according to a poll developed by researchers at Cardiff University and funded by the UK Energy Research Council. Nearly 2,500 people were surveyed across England, Scotland and Wales in August 2012.
July 17- Power companies and regional grid operators in the U.S. On Wednesday, New York State's grid operator again activated programs to reduce electric use for a third day in a row.
July 17- New York State's power grid operator said it might ask some of its customers in its power reduction programs to limit electricity use for a third day as people crank up air conditioners to escape the brutal heat wave.
HONG KONG, July 17- Shares in China Resources Power Holdings Co Ltd tumbled 10 percent on Wednesday in what brokers said was a response to comments in Chinese media alleging corruption in the state-run electricity producer.
Next-day prices in PJM, New England and New York climbed about 15 percent to the $130 s per megawatt-hour for Wednesday, which traders said is high but not unusually so when electric usage is near record levels. Temperatures in New York City, the biggest metropolitan area in the United States, reached 94 degrees F on Monday.
LONDON, July 16- Winds are notoriously footloose and hard to predict, but for grid operators keen to keep their customers' lights on and hold down costs, agreeing on a method to measure the reliability of the fast-growing electricity source is vital.
In New York, the New York Independent System Operator activated its demand response programs to reduce electricity usage in the New York City area.
BEIJING/ HONG KONG, July 15- China aims to more than quadruple solar power generating capacity to 35 gigawatts by 2015 in an apparent bid to ease a massive glut in the domestic solar panel industry. China will add around 10 GW per year from 2013-2015, the State Council said in a statement.
LONDON, July 12- Policymakers have intense aversion to the risk of lights going out. Some power grid operators, such as in Austria, Cyprus and Estonia, define all wind power as entirely unavailable when calculating how much overall capacity is needed to prevent a blackout.
July 11- American Electric Power Co Inc said Thursday it expects to retire its 585- megawatt Unit 5 at the Muskingum River coal plant in Ohio in 2015 due to the high cost of complying with environmental rules and low power and natural gas prices.
July 11- More than 140,000 homes and businesses, mostly in Ohio, were without power early Thursday following severe thunderstorms on Wednesday, according to local power companies.