RIO DE JANEIRO, Oct 1- Brazil's electrical utilities have lost their financial independence and are dependent on the Brazilian Treasury to keep operating, the head of the country's chief federal audit court told reporters in Brasilia on Wednesday. In the face of a drought, rising demand for power and delays in building new power plants and transmission lines,...» Read More
Wisconsin Energy struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.
LONDON, June 20- New air pollution standards on emissions of mercury and other heavy metals from coal-fired power plants will avert up to 11,000 premature deaths every year in the United States.
BEIJING, June 19- China's power grids will pay 0.75- 0.85 yuan per kilowatt-hour for electricity produced by offshore wind turbines, the country's state planning agency said on Thursday in a bid to encourage more investment in the sector.
ZUMA: PLANS TO FINANCE SOUTH AFRICA'S NEXT LARGE COAL-FIRED POWER PLANT WILL BE ACCELERATED.
Imagine a line of cars waiting to use an EV charging station and weeds growing on an abandoned Exxon lot. That's ChargePoint's vision.
NEW DELHI, June 17- Indian coal imports climbed 12 percent in May from the year before, provisional data from research firm OreTeam showed, with power companies scrambling to meet demand as scorching weather drove customers to crank up fans or air conditioning.
WASHINGTON, June 16- The United States, United Kingdom and Netherlands will float a plan this week requiring new coal-fired power plants to meet a carbon pollution standard in order to receive public funding from the world's wealthiest countries, according to a draft seen by Reuters.
June 13- Shares of Abengoa Yield Plc, a unit of Spanish renewable and engineering firm Abengoa SA, rose about 28 percent in their U.S. market debut, valuing the company at about $3 billion. Abengoa Yield's IPO raised about $721 million after its upsized offering of 24.9 million shares was priced at $29 per share, well above the expected price range of $25- $27 per share.
PARIS, June 12- Electricity produced by onshore wind and solar plants may become more competitive with power generated by upgraded nuclear plants in France by the end of this decade, a study by environmental group Greenpeace showed on Thursday.
WASHINGTON, June 11- The U.S. House of Representatives subcommittee on energy and power has scheduled a hearing on June 19 to consider proposed U.S. regulations on carbon pollution from existing power plants.
U.S. HOUSE ENERGY AND POWER SUBCOMMITTEE SCHEDULES HEARING FOR JUNE 19 ON EPA'S PROPOSED POWER PLANT REGULATIONS.
June 11- As the U.S. Environmental Protection Agency rolls out tough new rules designed to slash power plant emissions, Consol Energy Inc is showcasing its transformation from a coal miner to a producer of cleaner-burning natural gas. "The more information we can get, the better," said Clarkson Capital Markets analyst Jeremy Sussman.
June 10- PPL Corp said it would combine part of its U.S. power generation business with that of private equity firm Riverstone Holdings LLC to form a listed company, as it tries to shield itself from the volatile power market.
June 10- PPL Corp and Riverstone Holdings LLC said on Monday they would combine their merchant power generation businesses into a new stand-alone, publicly traded independent power producer. PPL said following the spinoff, it will focus on the regulated utilities it owns and operates in the United Kingdom, Kentucky and Pennsylvania.
June 10- Energy and power investment firm Riverstone Holdings LLC will buy PPL Corp's competitive energy business, PPL Energy Supply LLC, and merge it with its generation portfolio to form a publicly traded independent power producer, the companies said.
June 10- PPL Corp and Riverstone Holdings LLC on Monday said they would combine their merchant power generation businesses into a new stand-alone, publicly traded independent power producer.
WILMINGTON, Del, June 6- Bankrupt Energy Future Holdings, Texas's largest power company, received court approval on Friday for one of its main businesses to borrow $5.4 billion to carry out a refinancing that is key to its huge restructuring. Bankruptcy Judge Christopher Sontchi in Wilmington, Delaware.
But the EPA rule does not focus on absolute emissions reductions but rather seeks a reduction of carbon intensity from 2012 levels. The EPA said every state except Vermont, which has almost no carbon emissions, still needs to reduce carbon intensity under the rule, including the dozen or so states whose emissions are already 30 percent or more below 2005 levels.
Senator Edward Markey on Thursday aims to ease Ukraine's fuel dependence on Russia by modernizing its heating infrastructure and updating its Soviet-era natural gas drilling capabilities.
June 4- Clean energy company NRG Yield Inc said it would buy California's Alta Wind Energy Center, the largest wind farm in North America, for $870 million from Terra-Gen Power LLC. The deal will add 947 megawatt to the wind portfolio of NRG Yield and parent NRG Energy Inc, making it the fifth largest in the continent at 2,839 MW.