Electric Utilities


  • *Coal tops the list for deaths in energy sector. *Coal is also a major polluter. Coal mining is responsible for more fatalities than the production of any other energy source due to poor working conditions in producing countries such as China, Turkey, South Africa, Indonesia and Colombia.

  • "In a landmark move towards an integrated European power market, the full coupling of the south-western Europe day-ahead markets was successfully launched today," grid operators and power exchanges said in a combined statement.

  • SHANGHAI, May 13- China's crude oil runs, oil demand and total base metals production unexpectedly fell in April from the preceding month, with slackening power generation also fanning concerns that the world's second-largest economy is not yet on a stable footing.

  • Employees place a solar panel into a box at the Tata Power Solar Systems manufacturing plant in Bangalore, India.

    While adopting solar power in developed markets usually weighs on utility incumbents, Asia's players are likely to reap benefits, Bernstein said.

  • COPENHAGEN, May 9- Danish wind turbine maker Vestas made an unexpected return to profit in the first quarter, with a big rise in orders suggesting its turnaround drive is gaining traction.

  • May 8- General Electric, which wants to buy Alstom's energy businesses, is not in talks with Japanese conglomerate Toshiba Corp about the French company's power grid business, a GE France spokesman said on Thursday. The Nikkei business daily said Toshiba would offer to buy Alstom's power grid unit if GE purchased the French firm's energy businesses.

  • May 8- SunEdison Inc reported a larger-than-expected loss due to weak solar panel prices and higher costs associated with keeping rather than selling its solar power plants. SunEdison plans to create a public company that will own and operate the plants, but in the process is sacrificing near-term revenue for long-term profit.

  • May 7- SolarCity Corp, the largest residential solar panel installer in the United States, raised its full-year forecast for installations after reporting a smaller first-quarter loss. SolarCity's shares rose as much as 9 percent after the bell.

  • May 8- Toshiba Corp will offer to buy Alstom's power grid business for "several hundred billion yen" if General Electric Co completes its planned purchase of Alstom's energy business, the Nikkei newspaper reported. GE has offered to buy Alstom's energy business, which makes power generation systems along with power grids, for about $16.9 billion.

  • SAN FRANCISCO, May 7- Stanford University said on Tuesday it will no longer use any of its $18.7 billion endowment to invest in coal mining companies, a move aimed at combating climate change that could influence college administrations elsewhere.

  • LONDON, May 7- Britain is abandoning its market-based model for electricity and opting for much greater state control, as politicians intervene more aggressively in response to concern about rising bills, climate change and supply security.

  • SAN FRANCISCO, May 6- Stanford University on Tuesday said it will no longer use any of its $18.7 billion endowment to invest in coal mining companies, a move aimed at combating climate change that could influence college administrations elsewhere.

  • FACTBOX-Greek privatisations, past and future Tuesday, 6 May 2014 | 10:02 AM ET

    MAIN PRIVATISATION DEALS AGREED SO FAR 2011- Sale of 10 percent stake in telecoms firm OTE to Germany's Deutsche Telekom- 10- year extension of gaming concession of gambling monopoly OPAP until 2030- Granting of license to OPAP to install 35,000 video gambling slots- Sale of frequency spectrum to Greek mobile telephony companies- Sale of 2 Airbus jets previously owned by former state carrier Olympic Airways.

  • WILMINGTON, Del, May 1- The largest power company in Texas, Energy Future Holdings Corp, began its bankruptcy turnaround by securing approval for an interim loan after seven hours of contentious arguments in a Delaware bankruptcy court.

  • WILMINGTON, Del, May 1- Hearings kicked off one of the biggest-ever U.S. bankruptcies on Thursday with creditors of Energy Future Holdings Corp, the largest power company in Texas, airing grievances over timing, value and how to administer the case.

  • --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, May 1- There is a glimmer of hope for Asian coal miners with the forward curves for various grades of the fuel starting to point to higher prices in the second half of the year.

  • TOKYO, April 30- Japan's nuclear-reliant utilities reported losses for the third straight year and warned of further electricity rate hikes to pay for surging fuel imports as they face an uncertain outlook for restarting idled reactors.

  • *Murata, Fujitsu jump on upbeat guidance. Dow and solid earnings from brokerage firms such as Nomura Holdings, and some manufacturers. "At least he seems to have considered not completely denying future easing," said Eiji Kinouchi, chief technical analyst at Daiwa Securities.

  • Exelon deal to create largest mid-Atlantic utility Wednesday, 30 Apr 2014 | 1:22 PM ET

    Nuclear power producer Exelon Corp. said it would buy Pepco Holdings for $6.83 billion to create the biggest mid-Atlantic electric and gas utility.

  • HOUSTON, April 30- Texas- based power company Energy Future Holdings has $11.8 billion in debtor-in-possession loans to back operations through the massive Chapter 11 bankruptcy that it filed for on Tuesday.