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Electric Utilities

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  • LONDON, Jan 31- Britain's Sellafield nuclear fuel reprocessing plant said on Friday it had detected higher than usual levels of radiation and ordered all non-essential staff to stay at home.

  • The plant is located in Cumbria, northwest England. Since 2005, the plant has been owned by the Nuclear Decommissioning Authority and operated by Sellafield Ltd.. In 2008, the NDA contracted the management of Sellafield Ltd to Nuclear Management Partners, a consortium of U.S. company URS, British company AMEC, and France's Areva.

  • NEW YORK, Jan 30- The arctic cold sweeping across the United States has caused rare winter power interruptions for U.S. spinning mills in North and South Carolina, including Frontier Spinning Mills, the second-largest yarn producer in the United States.

  • *AES Gener hopes to send power from Chile to Argentina. AES Gener, a local unit of U.S. power group AES Corp, is pushing ahead with around $4 billion in investments in Chile and Colombia through 2018. Business has soared between the growing, investor-friendly Andean countries in recent years, especially in the retail and banking sectors.

  • SEOUL, Jan 29- Four of South Korea's 23 nuclear reactors remained offline as the 1,000 megawatt Hanul No.5 reactor was automatically shut early on Wednesday due to a technical glitch. Asia's fourth-largest economy later in the day approved a $7 billion project to build two nuclear plants- Shin Kori No.5 and No.6- as planned.

  • SEOUL, Jan 29- South Korea approved on Wednesday a $7 billion project to build two nuclear plants, a boost for an industry struggling to emerge from the shadow of Japan's Fukushima disaster and the first approval since a policy review sparked by a safety scandal at domestic reactors.

  • LONDON, Jan 28- Spillover attacks from the civil war in Syria have hindered development of Iraq's gas and oil reserves and a major pipeline to the Mediterranean has been blown up dozens of times, Iraq's top energy official said on Tuesday.

  • There's a reason behind those surging solar stocks Monday, 13 Jan 2014 | 7:05 AM ET
    Since 2008, the price of solar panels has declined 75 percent.

    The solar sector is experiencing an unexpected revival, powering a rally in solar stocks.

  • Power play: Utilities want solar users to pay up Thursday, 9 Jan 2014 | 11:25 AM ET
    Since 2008, the price of solar panels has declined 75 percent.

    Utility companies' battle with solar users illustrates the distance the alternative energy source has traveled.

  • As winter takes hold, plunging temps test utilities Thursday, 9 Jan 2014 | 6:25 AM ET

    Several utility companies have recently announced increases in their retail electricity rate as they struggle to meet peak periods of demand.

  • Double threat: US grid vulnerable on two fronts Sunday, 5 Jan 2014 | 9:00 AM ET

    Consensus is growing that the U.S. electricity grid is vulnerable to both hacking and physical attacks, but protecting it remains a work in progress.

  • China's smog threatens health of global coal projects Thursday, 14 Nov 2013 | 8:21 PM ET
    Cyclists and bikers stop at a traffic light, as buildings are faintly seen, rear, shrouded in a haze of smog in Beijing. (AP Photo/Shuji Kajiyama)

    A choking smog across much of northern China threatens major coal projects globally that are still on the drawing board.

  • Energy mergers, yes. Neglected grid? Probably not Wednesday, 13 Nov 2013 | 1:49 PM ET

    Breakneck consolidation among utilities is unlikely to cause them to cut back on investments in infrastructure, analysts say.

  • Steve Holliday, National Grid CEO, discusses what his company has done to secure power service and protect customers from storms like Superstorm Sandy.

  • EDF, Britain in $26 billion deal for nuclear plant Monday, 21 Oct 2013 | 2:35 AM ET
    Hinkley Point Nuclear Power Station

    French utility EDF and the British government have signed an agreement to build two nuclear reactors for a total cost of 16 billion pounds, EDF said in a statement on Monday.

  • Scammers target utility customers Wednesday, 9 Oct 2013 | 6:00 AM ET
    Duke Power recently emailed this fraud alert to residential and business electric customers to warn them of the ongoing scam.

    In the latest "despicable scam," fraudsters threaten to shut off your power unless you fork over cash.

  • Radiation readings at Japan plant spike Sunday, 1 Sep 2013 | 3:12 AM ET
    Officials at the Fukushima nuclear power plant in northern Japan

    Radiation near a tank holding highly contaminated water at Japan's crippled Fukushima nuclear plant has spiked 18-fold, the plant's operator said on Sunday.

  • Blackout: 10 years later     Wednesday, 14 Aug 2013 | 2:53 PM ET

    The massive Northeast blackout that left 50 million people in darkness occurred 10 years ago today. Generac has soared 235 percent since then. Its CEO Aaron Jagdfeld, discusses whether the U.S. is better prepared for something like this today.

  • Battery technology gets better     Friday, 19 Jul 2013 | 11:45 AM ET

    CNBC's Scott Cohn looks at electricity storage and a new battery technology that could actually power entire neighborhoods.

  • East Coast heat wave spikes electricity prices Thursday, 18 Jul 2013 | 2:50 PM ET
    New York's Times Square on Tuesday.

    With electricity demand in places like NYC flirting with all-time highs, power prices are reaching staggering levels.