Electric Utilities


  • Protecting America's power grid     Thursday, 6 Feb 2014 | 1:18 PM ET

    Frank Gaffney, President of Center for Security Policy, provides insight on the vulnerable American electric grid, and homeland security's role protecting them.

  • Video of sniper attack in California     Thursday, 6 Feb 2014 | 1:18 PM ET

    CNBC's Jon Fortt provides insight on a sniper attack on a California power station.

  • Feb 5- Almost a million homes and businesses were without power mostly in the U.S. The hardest hit state was Pennsylvania with over 720,000 customers out. Other affected states were Maryland, Arkansas, New Jersey, West Virginia, Kentucky, Delaware, New York and Ohio.

  • The overall pace of job growth isn't far off ADP's recent trend, and hiring indexes in both the ISM survey and a separate service-sector survey from Markit kept investors optimistic that the U.S. Labor Department's nonfarm payrolls report on Friday will show January hiring rebounded after a weak December, which saw a payroll gain of just 74,000..

  • Feb 5- Almost 900,000 homes and businesses were without power in the U.S. The hardest hit state was Pennsylvania with over 640,000 customers out Wednesday morning. Other affected states were Maryland, West Virginia, Arkansas, New Jersey, Kentucky, Delaware, Ohio, Virginia, Indiana and New York.

  • *UK: very unlikely independent Scotland could keep pound. "I would prefer Scotland to have a lot more power and a lot less of Mr Cameron and Mr Osborne," she said, referring to Britain's prime minister and finance minister.

  • BRASILIA, Feb 4- Some of Brazil's most populous regions suffered sporadic power outages on Tuesday, raising election-year fears of shortages in a country with a long history of blackouts.

  • FRANKFURT, Feb 3- Faced with a plunge in profits, Germany's power utilities are having to bend to the will of the government and join the renewable energy revolution, while smartening up on the retail front with new customer-friendly energy saving products.

  • SELLAFIELD, England, Jan 31- Sellafield, the largest nuclear site in Europe, declared an alert on Friday after discovering higher than usual levels of radioactivity, but later called it off, saying naturally occurring radon gas had triggered the alarm.

  • Jan 31- Chevron Corp plans to keep spending roughly $40 billion per year for the next several years on new oil and natural gas projects in a bid to lift production that is on track to be flat for the third straight year.

  • 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.

  • 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.

  • But industry officials worry fast-growing generation capacity will increase fiscal pressures on China and Japan and force them to cut subsidies which will then hit demand, just as happened with previous big solar users Germany, Spain and Italy.

  • WASHINGTON, Jan 23- The U.S. Justice Department on Thursday said that General Electric Hitachi Nuclear Energy Americas LLC has agreed to pay $2.7 million to resolve allegations that it made false claims to U.S. regulators about a nuclear reactor component.

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