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Electric Utilities

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  • Nov 3- ConEdison Solutions is ready to supply power and natural gas to U.S. customers this winter after learning lessons from the polar vortex that vexed utilities last winter. The extreme cold earlier this year caused gas prices to spike to record highs in many U.S. "The polar vortex took all suppliers by surprise," ConEdison Solutions CEO Jorge Lopez told Reuters...

  • Nov 3- Caught in a trade war between China and the United States, Taiwan's solar companies are scrambling to find new customers in a sharp reversal of fortunes for an industry flooded with orders just a year ago. Solar cell makers such as Neo Solar Power Corp, Motech Industries Inc and Gintech Energy Corp are chasing contracts in Japan, Europe and emerging solar...

  • *But number of coal mines in Australia growing. SYDNEY, Nov 3- U.N. calls to curb greenhouse gas emissions by ending most electricity generation using coal will face some tough challenges, with coal mining going through a growth spurt in countries such as Australia. Australian growth is expected to continue as companies including Rio Tinto, BHP Billiton and...

  • CAIRO, Nov 1- Egypt signed $350 million worth of financing agreements with Saudi Arabia on Saturday aimed at upgrading its power grid and securing imports of petroleum products as it seeks to end its worst energy crisis in decades. Power cuts have become common in Egypt as the cash-strapped government struggles to supply enough gas to its power stations let...

  • OTTAWA, Oct 30- A major electricity transmission project linking the Canadian province of Quebec with New York City has cleared a significant hurdle, opening the door to construction within a year, the executive behind the proposal said on Thursday. Don Jessome, chief executive officer of Albany- based Transmission Developers Inc., said a U.S. presidential...

  • Oct 30- New York and federal energy regulators will hold a conference on Nov. 5 to discuss power grid capacity and infrastructure improvements that could help attract investments, the New York Public Service Commission said Thursday. Over the past year or so, several groups within New York, including the PSC, have asked the Federal Energy Regulatory Commission...

  • Oct 28- U.S. nuclear regulators are investigating a leak of uranium hexafluoride that occurred on Sunday at an Illinois plant operated by Honeywell International Inc where union workers have been locked out. Honeywell confirmed the Sunday evening leak at its Metropolis, Illinois plant, saying it was due to an equipment failure. There were no injuries and no...

  • TOKYO, Oct 28- A town in southwest Japan became the first to approve the restart of a nuclear power station on Tuesday, a step forward in Japan's fraught process of reviving an industry left idled by the Fukushima catastrophe in 2011.. Satsumasendai, a town of 100,000 that hosts the two-reactor Kyushu Electric Power Co plant, is 1,000 km southwest of Tokyo and has...

  • TOKYO, Oct 28- A town in southwest Japan on Tuesday approved the restart of a nuclear power station, another step forward in Japan's fraught process of reviving an industry left idled by the Fukushima catastrophe in 2011.. Satsumasendai, a town of 100,000 that hosts the two-reactor Kyushu Electric Power Co plant, is 1,000 km southwest of Tokyo and has long relied...

  • NEW DELHI, Oct 27- Tata Power Company Ltd plans to complete work on a $1.8 billion thermal power station in Vietnam three years early, government officials said, as the two countries strive to showcase the economic ties between them. Vietnamese Prime Minister Nguyen Tan Dung, visiting India just a month after India's president travelled to his country, said he had...

  • DAR ES SALAAM, Oct 24- Tanzania and China have signed investment deals worth more than $1.7 billion, including one to build a satellite city to ease congestion in the commercial capital Dar es Salaam- deepening Beijing's ties with East Africa. Tanzania later announced a $85 million in grants and zero-interest loans from China. The deals extend China's growing...

  • Ford CEO: We have ability to do Tesla-like vehicle Friday, 24 Oct 2014 | 11:55 AM ET

    Ford CEO Mark Fields says the company is considering a Tesla-style high performance electric vehicle, USA Today reports.

  • Japan coal power plant export push hits U.S. resistance Thursday, 23 Oct 2014 | 12:13 AM ET

    *U.S. has challenged Japan coal-fired plant exports- source. *Japan pushing to triple infrastructure exports by 2020. Japan has been exporting equipment that cuts carbon dioxide output by burning coal more efficiently, but that does not go as far as more expensive technology designed to capture around 90 percent of carbon dioxide emissions that is slowly being...

  • KHOBAR, Saudi Arabia, Oct 22- Saudi Arabia- based power and water project developer ACWA Power is seeking to secure or arranging finance for $15 billion worth of projects, nearly half of which are in renewable energy, its chief executive said. The company, which plans to list its shares on the Saudi stock market, has projects operating or under construction in...

  • *Q3 orders up 24 pct to $11.2 bln vs forecast $10.1 bln. The company, which makes products such as industrial robots and power grid transformers, said on Wednesday slowing growth in Europe, the Ebola health crisis in west Africa and political tensions across the globe all risked derailing more positive trends in the U.S. and Chinese economies.

  • *India- based firms may mine coal for consumption or sale- order. *Foreign firms with India units may qualify- source. NEW DELHI, Oct 22- India could allow commercial coal mining by foreign companies if they set up units in the country, opening the door for global giants like Rio Tinto to access the world's fifth-largest coal reserves, a source familiar with the matter...

  • TOKYO, Oct 22- After the Fukushima disaster crippled Japan's nuclear energy sector three years ago, the government pledged the biggest shake up in the history of the fragmented electricity industry to boost competition and contain a surge in power prices. But plans to give the nationwide grid management body more control over the system of distribution and...

  • EIGHTY PERCENT OF BERMUDA WITHOUT POWER DUE TO HURRICANE GONZALO- BERMUDA ELECTRIC LIGHT CO.

  • Oct 17- Energy Future Holdings squared off against creditors in court on Friday as the bankrupt Texas power company sought approval to begin a multibillion dollar auction of its interest in Oncor, a power transmission business. The company anticipates an auction in February, and sources told Reuters potential bidders include NextEra Energy Inc of Juno Beach,...

  • FRANKFURT, Oct 17- German industry is learning how to profit from the upheaval and costs of the country's shift towards solar and wind energy. Greater reliance on renewables in Europe's biggest power market is making the peaks and troughs of electricity production bigger and less predictable, as the wind picks up or drops and the sun shines or disappears behind...