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ANKARA, May 2- Turkey's energy minister confirmed on Thursday that the government has picked a Japanese-French consortium to build the country's second nuclear power plant, a project expected to cost an estimated $22 billion.
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HOUSTON, May 1- Hotter-than-normal weather expected in Texas this summer threatens to reduce the amount of surplus electric power to the lowest level in more than a decade, the state's power grid agency warned on Wednesday.
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NEW YORK, May 1- Commodity trading merchant Castleton Commodities International LLC said on Wednesday it had completed the purchase of a 1,210 megawatt natural gas and fuel oil-fired electric power plant from Dynegy.
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LONDON, May 1- Hydropower offers an effective way to balance grids that increasingly have to cope with variable renewable energy supply, and this may end the long lull in hydroelectric projects caused by economic and planning hurdles in developed countries.
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*Nigeria is privatising defunct state electricity firm. ABUJA, May 1- In an unwanted daily routine lasting 17 years, Phillip Cleatus sits in the dark doorway of his shoe-making shop in Nigeria's northern city of Kaduna, waiting for the lights to come back on.
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--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, May 1- India may import an additional 30 million tonnes of coal in the current fiscal year, and the good news for producers is that this is likely a conservative estimate.
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Rising water consumption for hydraulic fracturing and production of biofuels, coupled with severe droughts in Texas in 2011 and across more than 60 percent of the continental United States in 2012, have propelled that link up the policymakers' agenda.
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The company decided to sell the plants to reduce its exposure to merchant pricing and recognized a charge of roughly $41 million, NextEra said in its first quarter earnings release. Last month, NextEra sold 351 MW of hydropower assets in Maine and New Hampshire to a unit of Brookfield Renewable Energy Partners LP.
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*California more reliant on natural gas generation.
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If you've noticed your utility bills falling, there's a good reason. Surging natural gas production in the U.S. has had one benefit already: curbing or even cutting power costs.
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*Coal revenue was down 17 percent. April 23- Coal shipments by Norfolk Southern Corp fell sharply in the first quarter, but the U.S. railroad still posted a higher profit on increased transport of goods. Coal revenue was down 17 percent in the quarter for Norfolk, due to lower prices and demand.
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April 23- The operator of the U.S. Midwest power grid said Tuesday it expects to have enough power to serve homes and businesses this summer. In its summer assessment, the Midwest Independent Transmission System Operator, the grid operator, forecast it would have a 28.1 percent reserve margin, which is nearly double the grid's 14.2 percent requirement.
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CARACAS, April 23- President Nicolas Maduro's government declared a 90- day "emergency" in Venezuela's electricity sector on Tuesday to speed up infrastructure work and equipment imports needed to prevent politically-contentious power cuts.
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TOURNEMIRE, France, April 23- A long slow retreat from nuclear power in France or indecision over policy could be very risky as skilled staff retire and young people reject careers with an uncertain future, the state-funded atomic safety research institute said.
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*Signed nuclear cooperation deals with France, Korea, China, and Argentina. DUBAI, April 23- Saudi Arabia's atomic energy ambitions are grand enough to grant several reactor vendors multi-billion dollar contracts to keep them busy building in the desert for decades.
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LAUNCESTON, Australia, April 23- Asia's coal markets are starting to resemble Waiting for Godot, Samuel Beckett's absurdist play where the main characters wait in vain for something that doesn't happen.
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The test's location at Three Mile Island outside Harrisburg, Pennsylvania- the site of the worst commercial nuclear accident in U.S. history- had no special significance, according to state and federal officials.
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Revenue up slightly to $35 billion, beats Street. April 19- General Electric Co cut the profit growth estimate for its core industrial businesses on Friday, citing weakness in Europe and sliding wind turbine sales, unnerving Wall Street and pushing its stock down in morning trading.
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General Electric Co cuts its estimate for profit growth in its core industrial units, citing weakness in Europe and sliding wind turbine sales, unnerving Wall Street and pushing its stock down in morning trading. (GENERALELECTRIC-RESULTS/, moving shortly, by Ernest Scheyder, 1,000 words). McDonald's sees no restaurant rebound in April.
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April 18- The New York Public Service Commission on Thursday approved a plan to build the Champlain Hudson transmission line, which will be capable of moving 1,000 megawatts of hydropower from Québec to New York City.
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