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Electric Utilities

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  • 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...

  • 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...

  • TOKYO, Oct 17- Japan's biggest utilities are blocking most new solar and other renewable energy from transmission grids, stirring concern among green power advocates that Japan favors restarting idled nuclear plants at the expense of other fossil-free supply. Seven out of Japan's 10 regional power monopolies have blocked further grid access for...

  • *Areva says jumbo reactor still best product offer. *Areva hopes for new contracts in India, China. PARIS, Oct 16- Areva chief executive Luc Oursel, his job at risk from an imminent government overhaul, still believes the French nuclear group can win new contracts with its out-of-favor mega-reactor model in India and China.

  • LONDON, Oct 16- Scarce resources and pollution control measures are the two environmental issues which have the most impact on the net earnings of businesses today, a private equity fund manager said on Thursday. London- based Ambienta says it is the largest European private equity fund specializing in the environmental sector, with more than 450 million euros...

  • ANALYSIS-Africa set to switch on gas-to-power potential Thursday, 16 Oct 2014 | 6:05 AM ET

    *World Bank, Barack Obama behind "Power Africa" legacy. JOHANNESBURG, Oct 16- Africa's under used gas reserves, either exported or burnt away into the sky, are set to play a big role in stemming the continent's crippling electricity void, a shift that should boost economies and small-cap energy firms. Driven by huge recent finds in East Africa, sub-Saharan gas...

  • WASHINGTON, Oct 15- Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade. Tom McGuire, who heads the project, said he and a small team had been working on fusion energy at Lockheed's...

  • You might hope for a sense of realism and practical moves to address the issues, but instead the World Coal Conference in Copenhagen this week was characterised by what seemed like a state of denial. Spot thermal coal at Australia's Newcastle port fell to $64.92 a tonne in the week ended Oct. 10, 1 cent higher than the previous week, which was the lowest since...

  • *Denmark, Finland seen shutting abt 2,000 MW of condensing power. Fossil power plants in Finland and Denmark act as swing-producers, helping to meet demand when hydropower production in Norway and Sweden falls due to dry weather. "Demand for coal condensing power in the Nordic power market has decreased as a result of the economic recession and the drop in the...