Electric Utilities
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SARAJEVO, April 25- Britain- based trading and investment group Energy Financing Team received a permit on Thursday to build a 35 megawatt hydro-power plant on the Neretva river in southeastern Bosnia at a cost of 120 million Bosnian marka.
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WARSAW, April 25- Owners at Poland's state-controlled utility, Enea, decided on a dividend payout at 0.36 zlotys per share from 2012 profits, in line with the management's board recommendation, the company said on Thursday.
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FRANKFURT, April 25- E.ON' s modern but unprofitable Irsching gas-fired power station in Bavaria, southern Germany, looks set to remain open as a reserve power plant under a deal hammered out with regulators and politicians, sources close to the talks said.
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*The yen was steady against its major counterparts in early Asia trading on Thursday, with the dollar still shy of the 100- yen mark and the euro remaining off overnight lows hit in the wake of disappointing German data. *India will limit the fiscal deficit for 2013/ 14 to below 4.8 percent of gross domestic product, the finance minister said on Wednesday.
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Atlanta- based Southern Co said a $333 million charge to cover cost overruns at the Kemper plant reduced first-quarter earnings to $81 million, or 9 cents per share, from $368 million, or 42 cents per share, in the first quarter of 2012..
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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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*Hydro- Quebec expected to sell most power over line. April 18- The New York Public Service Commission on Thursday approved a plan to build the Champlain Hudson transmission line, which would be capable of moving 1,000 megawatts of hydropower from Quebec to New York City.
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NEW YORK, April 18- U.S. natural gas prices should jump 39 percent this year, thanks to a chilly end to the winter that sent inventories plummeting from record levels, according to a Reuters poll of analysts.
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LONDON, April 18- Forcing coal and gas-fired power plants to ramp up and down more frequently to compensate for the growing number of wind farms connected to the power grid will reduce their efficiency and increase maintenance costs.
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*United States, Europe spurred record year in 2012. BRUSSELS, April 17- The world will see a sharp drop in the number of new wind turbines installed this year after record growth in 2012, a report by the Global Wind Energy Council said.
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*EU carbon prices fell 40 pct to under 3 euros on Tuesday. *Campaigners and traders say could drop as low as 1- 2 euros. LONDON, April 17- More banks and trading houses could abandon Europe's carbon market, making government auctions of permits more likely to fail, after the European parliament on Tuesday rejected an emergency measure to prop up prices.