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Electric Utilities

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  • KIEV, Dec 3- Ukraine's energy authorities said on Wednesday that an accident at a nuclear power plant in Zaporizhzhya in the south-east of the country posed no danger and the plant would return to normal operations on Dec. 5. In Vienna, the International Atomic Energy Agency said it had no immediate comment on the report. Ukraine, Belarus and Russia, have estimated...

  • KIEV, Dec 3- Ukraine's Energy Minister Volodymyr Demchyshyn said on Wednesday an accident at the Zaporizhzhya nuclear power plant in southeast Ukraine posed no danger and that the plant would return to running as normal on Dec. 5. "There is no threat... there are no problems with the reactors," Demchyshyn said at briefing, saying the accident affected the power output...

  • *To pay dividend of 0.50 euro/ share for 2014, 2015. *Sells Spain, Portugal assets to Macquarie for 2.5 bln euros. FRANKFURT, Dec 1- Germany's top utility E.ON said it would split in two, spinning off power plants to focus on renewable energy and power grids, a dramatic response to industry changes that could trigger similar moves at European peers.

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

    For decades, retirees have counted on utilities to pay big dividends and cover interest on bonds, but that was before solar took off.

  • *To pay dividend of 0.50 euro/ share for 2014, 2015. *Sells Spain, Portugal assets to Macquarie for 2.5 bln euros. FRANKFURT, Dec 1- 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, responding to a crisis that has crippled the European energy sector.

  • 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.

  • *Sells Spain, Portugal assets to Macquarie for 2.5 bln euros. FRANKFURT, Nov 30- 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, a drastic response to changes in the global energy sector. Germany's power sector has been in turmoil, hit by a prolonged period of...

  • Lack of coal may bring Ukraine to its knees this winter Wednesday, 26 Nov 2014 | 8:48 AM ET

    LONDON/ BRUSSELS, Nov 26- A shortage of coal, rather than gas, is likely to plunge Ukraine into freezing darkness this winter as conflict in its east seals off supplies that used to make it self sufficient. "We have no energy reserves now, everything works on maximum and every technical problem can lead to sharp power cuts," said Andrey Favorov, managing director of...

  • TOKYO, Nov 26- Japan's total coal consumption is likely to stay near a record high next year as a prolonged shut down of nuclear plants and a softer economy prompt power utilities to stock up on the cheaper fuel, a government-affiliated energy research institute said. The continued high demand from the world's second-biggest coal importer will support a...

  • WASHINGTON, Nov 25- The U.S. Supreme Court on Tuesday agreed to weigh a challenge by industry groups and some states to an Obama administration regulation intended to limit emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. The EPA rule, if left intact, could help spur utility companies to shut down some coal-fired plants...

  • ANKARA, Nov 25- Turkey has entered exclusive preliminary talks with U.S.-based Westinghouse Electric Company, part of Japan's Toshiba group, on building the country's third nuclear power plant, Westinghouse said. Turkey currently has projects for two nuclear plants, which are expected to cost $20 billion and $22 billion respectively. In 2013, a consortium of...

  • Nov 24- Trina Solar Ltd cut its full-year solar module shipment forecast, largely due to the cancellation of a 130 megawatts solar project in Inner Mongolia, sending the company's shares down as much as 5.4 percent premarket. Trina Solar said it expected solar module shipments of 1,045-1,095 megawatts in the current quarter, compared with the 1,063.8 MW it...

  • Some climate change impacts unavoidable - World Bank Sunday, 23 Nov 2014 | 4:00 PM ET

    OSLO, Nov 23- Some future impacts of climate change, such as more extremes of heat and sea level rise, are unavoidable even if governments act fast to cut greenhouse gas emissions, the World Bank said on Sunday. "This means that climate change impacts such as extreme heat events may now be simply unavoidable," World Bank President Jim Yong Kim told a telephone news...

  • BERLIN, Nov 23- Germany is working on a new law to force energy companies to shut down several more coal-fired power plants as it tries to reach ambitious climate goals, a document seen by Reuters showed on Sunday. Although Germany has seen a boom in green energy, accounting for about 25 percent of overall power generation, environmentalists criticise the country...

  • *Dong wants to diversify from sole supplier Siemens. PARIS, Nov 21- Dong Energy, Europe's largest offshore wind farm developer, plans to make the switch to giant wind turbines in a move that could signal a breakthrough for a new generation of products. The August deal was for the relatively small British 256 MW Burbo Bank farm, which Dong hopes to start building in...

  • FACTBOX-Proposed U.S. nuclear power reactors Wednesday, 19 Nov 2014 | 4:20 PM ET

    Nov 19- The U.S. Nuclear Regulatory Commission on Wednesday said its staff found no safety reasons that would prevent the approval of a license for a proposed new reactor at DTE Energy Co's Fermi nuclear power plant in Michigan. This is not the final approval for the project but is an important step in the process. DTE filed to build and operate a new reactor at Fermi...

  • Nov 19- PJM Interconnection, the operator of the biggest power grid in the United States, said on Wednesday that demand for power hit a new record for the month of November due to the cold weather. Peak demand on Tuesday reached 121,987 megawatts, topping the 114,699 MW reached last November. PJM, which operates the grid in 13 states from New Jersey to Illinois, said it...

  • *Enel selling Endesa shares at 13.5- 13.8 euros- sources. *Enel selling minimum of 17 pct of Endesa. MILAN, Nov 19- Italy's biggest utility Enel is on track to raise up to 3.2 billion euros from the sale of shares in its Spanish subsidiary Endesa, three sources with knowledge of the deal said on Wednesday.

  • *EDF says Areva unable to deliver key ingredients in time. PARIS, Nov 18- French utility EDF announced a new one-year delay for its Areva- designed EPR nuclear reactor in Flamanville, France, which it now expects to be connected to the grid in 2017, a decade after construction started. EDF said the delay was due to Areva's difficulties with ensuring a timely delivery...

  • Nov 17- Solar company SunEdison Inc and unit TerraForm Power Inc said they would buy First Wind for $2.4 billion to enter the U.S. wind power market. SunEdison's shares rose 6.6 percent to $17.70, while TerraForm shares rose 1.2 percent to $26.15 in after-market trading. SunEdison raised its 2015 installation forecast to 2.1-2.3 gigawatts from 1.6-1.8 GW.