SAN JUAN, Puerto Rico— New York's Federal Reserve Bank released a report Thursday in which it warned that Puerto Rico needs to improve its financial health soon or face what it called a "painful adjustment."» Read More
LONDON, April 4- Exceptionally cold weather coupled with fuel shortages and equipment failures pushed the U.S. electricity grid close to emergency conditions repeatedly during January and February, according to a bleak assessment issued by regulators.
Japan, India, South Korea and other Asian gas importers- who take about 70 percent of global liquefied natural gas exports- have been trying to form a buyers' club to use their dominant market presence to delink contract prices from oil and allow importing companies to resell any excess cargoes.
*Greece showing signs of pulling out of recession. LONDON, April 3- Greece is planning to return to the international bond market this month, four years after it became the first euro zone country to be bailed out and only two years since defaulting on its debts.
April 2- A plan being discussed to reorganize power company Energy Future Holdings Corp will all but wipe out the investments of owners KKR& Co, TPG Capital and Goldman Sachs Capital Partners, Bloomberg reported.
TOKYO, April 2- Japan's Kyushu Electric Power Co has become the second nuclear generator to seek state support this week as reactors across the country remain idled and industry losses mount three years after the Fukushima nuclear disaster.
In the Senate, the new chairman of the tax-writing Finance Committee unveiled legislation that would modestly trim the list of about 55 laws known as the "tax extenders" because they expire every year or two and need to be regularly extended.
*Japan's nuclear reliance could be as low as 10 pct. TOKYO, April 2- Three years after the Fukushima disaster prompted the closure of all Japan's nuclear reactors, Prime Minister Shinzo Abe is moving to revive nuclear power as a core part of the energy mix, but many of those idled reactors will never come back online.
On Tuesday those plans moved a step closer to reality when EPA's proposed rule arrived at the White House for review by the Office of Management and Budget, which is expected to evaluate the proposal by June 1. Under the plan, states must meet whatever target or goal the EPA sets through tailored strategies called state implementation plans.
SAN FRANCISCO, March 31- California residents and small businesses will receive a first-of-its-kind climate credit on their utility bills starting on Tuesday, as the state's ambitious greenhouse gas reduction program begins to affect the pocketbooks of average citizens.
The link between oil prices and solar energy stocks has broken down, and that may be a good thing for renewable firms.
WASHINGTON, March 28- The U.S. Energy Department will soon issue a plan to offer loan aid for renewable energy projects, Energy Secretary Ernest Moniz said on Friday, doubling down on investments that have drawn intense criticism over past government-backed business flops.
March 28- Leading Texas power company Energy Future Holdings is widely expected to file for bankruptcy in the coming days, the victim of a record-breaking buyout that piled it with debt just as prices for its electricity plunged.
HONG KONG, March 28- China Shenhua Energy Co Ltd, the country's largest coal producer, posted a 9.3 percent fall in 2013 net profit, roughly in line with forecasts, as coal prices slid amid a slowing domestic economy.
SAN DIEGO, March 27- Hundreds of potential buyers are bidding on tons of tools, equipment and odds-and-ends from a shuttered Southern California nuclear plant, as a utility proceeds with decommissioning it.
HELSINKI, March 27- Finnish retailer Kesko on Thursday said it would drop out of the Fennovoima nuclear project, adding to concerns over the progress of the consortium's plan to build a 4 to 6 billion euro reactor in western Finland.
MOSCOW, March 27- Russia's nuclear industry contracts with other countries could be affected by Western sanctions, the head of state nuclear corporation Rosatom was quoted as saying on Thursday.
BRASILIA, March 26- Brazil will shut down one of its two nuclear power reactors for refueling and maintenance, depriving the nation of enough electricity to light up a city of about 1 million at a crucial time when it faces the prospect of power rationing due to drought.
LONDON, March 25- Britain is reviewing its nuclear cooperation agreement with Russian state firm Rosatom because of the Ukraine crisis, the Department of Energy and Climate Change said. Under the deal, Britain's Office for Nuclear Regulation and the Environment Agency provided Rosatom with guidance on Britain's nuclear regulation.
LONDON, March 25- Britain is reviewing an agreement it made with Russian state nuclear firm Rosatom on nuclear cooperation, in reaction to the crisis in Ukraine, the Department of Energy and Climate Change said.
TOKYO, March 25- Japan will lift the amount utilities must pay for electricity from offshore wind farms while cutting prices for power fed in from solar projects, as the country looks to diversify its use of renewable energy.