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Electric Utilities

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  • LONDON, Feb 13- Electricity suppliers should be paid according to the services they provide, including reliable and environmentally friendly heat, light and power, rather than the quantity of electricity they supply, according to green groups and retailers themselves.

  • HOUSTON, Feb 12- As the debate over the future of Texas's $35 billion electricity market enters a third year with no end in sight, one independent power producer decided not to wait for an outcome, filing for bankruptcy on Wednesday, citing depressed market conditions.

  • Bill Gates-backed energy firm declares bankruptcy Wednesday, 12 Feb 2014 | 11:41 AM ET

    Optim Energy, an electric company owned by a Bill Gates investment fund, filed for Chapter 11 bankruptcy after piling up losses in a depressed power market.

  • Bill Gates' investment Optim Energy files for bankruptcy Wednesday, 12 Feb 2014 | 11:35 AM ET

    WILMINGTON, Del, Feb 12- Optim Energy LLC, a Texas electric company owned by a Bill Gates investment fund, filed for Chapter 11 bankruptcy on Wednesday after piling up losses in a depressed power market.

  • Feb 11- North Carolina has asked a state judge to put a controversial settlement deal with U.S. power company Duke Energy over pollution on hold after a massive coal ash spill into a local river raised fresh concerns about water safety.

  • UPDATE 2-Weak panel prices weigh on Canadian Solar Tuesday, 11 Feb 2014 | 10:39 AM ET

    Feb 11- Canadian Solar Inc's fourth-quarter revenue estimate missed analysts' estimates as weak panel prices more than offset a rise in demand, sending its shares down 4 percent. Solar companies are seeing increased demand for panels and other products, primarily in China and Japan, but prices remain depressed as excess supplies continue to flood the market.

  • *India says looking into policies in U.S. renewable sector. *Will respond to action at WTO: India trade minister. NEW DELHI, Feb 11- India said on Tuesday it was investigating U.S. policies supporting solar panel makers, the latest move in an escalating row over renewable energy that has worsened already strained ties between the two countries.

  • *Estimates 4th- qtr revenue of $510- $520 mln vs est. Feb 11- Canadian Solar Inc estimated 2013 would be its first profitable year since 2010 as its strategy of building high- margin solar power plants pays off. Canadian Solar estimated it would post a profit in the fourth quarter ended Dec. 31, its second straight quarterly profit after nine quarters of losses.

  • In particular, the massive hydroelectric dams along the Columbia River and its tributaries in Washington, Oregon, Montana and Idaho are crucial suppliers of electricity to California via high-voltage transmission lines, known as paths.

  • NEW DELHI, Feb 10- The weak rupee cut India's imports of coal, the fuel that provides almost 60 percent of its electricity, by 33 percent in January from the same month last year, data from leading research group OreTeam showed on Monday. Struggling domestic coal output has meant that India has jumped to the number three global importer, behind China and Japan.

  • LAUNCESTON, Australia, Feb 10- The decision by an Australian power company to mothball a natural-gas plant and restart two coal-fired units seems wrong on many levels, but strangely, it has implications for U.S. liquefied gas exports.

  • Japan's nuclear re-start stalled by paperwork Sunday, 9 Feb 2014 | 9:45 AM ET
    A masked protester stands in front of the gates to the Hinkley Point nuclear power station

    Hundreds of technicians and engineers are camped out in Tokyo hotels trying to revive Japan's nuclear industry.

  • FACTBOX-Japan's nuclear plants queue up to re-start Saturday, 8 Feb 2014 | 11:29 PM ET

    Feb 9- Following is a list of nuclear reactors under review by the regulator before being allowed to re-start operations. For a related story, Capacity is in megawatts. PWR stands for pressurised water reactor.

  • TOKYO, Feb 9- Hundreds of technicians and engineers are camped out in Tokyo hotels trying to revive Japan's nuclear industry, shut down in the wake of the Fukushima disaster almost three years ago.

  • *U.S. crude rises above $100 for first time in 2014. NEW YORK, Feb 7- Oil rose by more than $2 to one-month highs on Friday, fueled by a sharp rally in gasoline and heating oil as supplies tightened and refiners started to shut down plants for maintenance.

  • *Tighter North Sea supplies support Brent. NEW YORK, Feb 7- Oil rose by more than $1 to one-month highs on Friday, fueled by a sharp rally in gasoline and heating oil as supplies tightened and refiners started to shut down plants for maintenance.

  • The technology has not yet been deployed on a commercial scale, but the EPA highlighted the pending Kemper project in September when the agency unveiled plans to set strict limits on the amount of carbon dioxide that can be generated by newly-built U.S. power plants. Southern Co tried to distance itself from the EPA at that time.

  • WASHINGTON, Feb 6- Already struggling with cuts to agricultural production and other impacts from a record setting drought, California faces the prospect of lower hydroelectric power generation as well, a U.S. government report said on Thursday. A persistent dry spell has drained water supplies in California and neighboring Nevada.

  • Protecting America's power grid     Thursday, 6 Feb 2014 | 1:18 PM ET

    Frank Gaffney, President of Center for Security Policy, provides insight on the vulnerable American electric grid, and homeland security's role protecting them.

  • Video of sniper attack in California     Thursday, 6 Feb 2014 | 1:18 PM ET

    CNBC's Jon Fortt provides insight on a sniper attack on a California power station.