Electric Utilities


  • *Brazil investors hoping for more market-friendly president. SAO PAULO/ MEXICO CITY, June 26- Brazil's Bovespa stock index will rally or sink at the end of the year depending on the outcome of the nation's presidential election in October, a Reuters poll showed on Thursday, while Mexican shares will track economic growth higher.

  • *Utility to buy 2.2 mln tonnes a year LNG from Freeport. NAGOYA, Japan, June 25- Chubu Electric Power Co, the world's third-biggest liquefied natural gas buyer, is seeking its first stake in a U.S. shale gas field as a hedge against planned purchases from the Freeport LNG project in Texas, the company said.

  • LONDON/ MADRID, June 24- Private equity firm KKR is to buy a one-third stake in indebted Spanish group Acciona's international wind farms arm for 417 million euros, the companies said on Tuesday, with a view to listing the business next year.

  • June 24- Coal miners and power companies are both suffering as railroads struggle to clear a backlog of coal stuck in the Powder River Basin in Wyoming and Montana after the harshest winter in over a decade.

  • 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.

  • COLUMN-China can learn from U.S. how to cut smog: Kemp Thursday, 19 Jun 2014 | 10:01 PM ET

    LONDON, June 20- New air pollution standards on emissions of mercury and other heavy metals from coal-fired power plants will avert up to 11,000 premature deaths every year in the United States.

  • China sets tariffs for offshore wind power generators Thursday, 19 Jun 2014 | 4:10 AM ET

    BEIJING, June 19- China's power grids will pay 0.75- 0.85 yuan per kilowatt-hour for electricity produced by offshore wind turbines, the country's state planning agency said on Thursday in a bid to encourage more investment in the sector.


  • 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.

  • Heatwave boosts India coal imports -research firm Tuesday, 17 Jun 2014 | 4:37 AM ET

    NEW DELHI, June 17- Indian coal imports climbed 12 percent in May from the year before, provisional data from research firm OreTeam showed, with power companies scrambling to meet demand as scorching weather drove customers to crank up fans or air conditioning.

  • WASHINGTON, June 16- The United States, United Kingdom and Netherlands will float a plan this week requiring new coal-fired power plants to meet a carbon pollution standard in order to receive public funding from the world's wealthiest countries, according to a draft seen by Reuters.

  • June 13- Shares of Abengoa Yield Plc, a unit of Spanish renewable and engineering firm Abengoa SA, rose about 28 percent in their U.S. market debut, valuing the company at about $3 billion. Abengoa Yield's IPO raised about $721 million after its upsized offering of 24.9 million shares was priced at $29 per share, well above the expected price range of $25- $27 per share.

  • PARIS, June 12- Electricity produced by onshore wind and solar plants may become more competitive with power generated by upgraded nuclear plants in France by the end of this decade, a study by environmental group Greenpeace showed on Thursday.

  • Report: Dryers waste $4B a year in energy costs Thursday, 12 Jun 2014 | 10:54 AM ET
    Washers and dryers are displayed for sale in rows at the Jessup's Appliances store in Sarasota, Florida.

    Electric dryers, which have barely improved in energy efficiency since the '70s, cost U.S. consumers an excess of $4 billion annually.

  • U.S. House panel calls hearing on EPA power plant plan Wednesday, 11 Jun 2014 | 3:00 PM ET

    WASHINGTON, June 11- The U.S. House of Representatives subcommittee on energy and power has scheduled a hearing on June 19 to consider proposed U.S. regulations on carbon pollution from existing power plants.


  • June 11- As the U.S. Environmental Protection Agency rolls out tough new rules designed to slash power plant emissions, Consol Energy Inc is showcasing its transformation from a coal miner to a producer of cleaner-burning natural gas. "The more information we can get, the better," said Clarkson Capital Markets analyst Jeremy Sussman.

  • June 10- PPL Corp said it would combine part of its U.S. power generation business with that of private equity firm Riverstone Holdings LLC to form a listed company, as it tries to shield itself from the volatile power market.

  • June 10- PPL Corp and Riverstone Holdings LLC said on Monday they would combine their merchant power generation businesses into a new stand-alone, publicly traded independent power producer. PPL said following the spinoff, it will focus on the regulated utilities it owns and operates in the United Kingdom, Kentucky and Pennsylvania.

  • June 10- Energy and power investment firm Riverstone Holdings LLC will buy PPL Corp's competitive energy business, PPL Energy Supply LLC, and merge it with its generation portfolio to form a publicly traded independent power producer, the companies said.