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Electric Utilities

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  • Brazil nuclear plant maintenance adds to energy crunch Wednesday, 26 Mar 2014 | 7:34 PM ET

    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.

  • Japan lifts offshore wind tariff, cuts solar prices Tuesday, 25 Mar 2014 | 6:00 AM ET

    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.

  • LAUNCESTON, Australia, March 25- Asian spot liquefied natural gas prices have started their seasonal downturn after the winter peak, but how far they will fall depends on whether coal remains cheap and if Japan restarts some nuclear capacity. Last year, spot LNG fell 28 percent from the peak of $19.67 per mmBtu on Feb. 18 to a low of $14.13 on May 3.

  • The EPA veto was issued after President Barack Obama, a Democrat, became president in 2009. Conservatives have accused Obama of waging a "war on coal," a reference to the administration's efforts to reduce greenhouse gas emissions, including those from coal-burning power plants.

  • LONDON, March 23- Britain's big six energy companies will face the threat of break-up this week with their regulator Ofgem expected to announce its intention to refer the firms to the new Competition and Markets Authority, according to the Sunday Times.

  • LONDON, March 23- Britain's big six energy companies will face the threat of break-up this week with their regulator Ofgem expected to announce its intention to refer the firms to the new Competition and Markets Authority, according to the Sunday Times.

  • *Nigeria needs huge gas consumption to fix power blackouts. *Nigeria has world's ninth largest gas reserves. "Most people are still only here for the oil, yet Nigeria is sitting on a gas canister," said an oil industry executive.

  • BRASILIA, March 20- Brazilian President Dilma Rousseff is holding on to her wide lead over potential rivals and would win a second term outright in the Oct. 5 general election, according to a poll published on Thursday.

  • *Mining output to rise in Australia, Colombia, South Africa. "As global output is now set to expand, we believe the supply overhang will persist and revise our forecast for Newcastle coal lower to $74 per tonne as an average for 2014, down from $82 per tonne previously," Bank of America Merrill Lynch said in a research note on Thursday.

  • BRUSSELS/ LONDON, March 19- European Union leaders are preparing to set an October deadline for agreeing on the bloc's 2030 climate and energy goals, a draft document seen by Reuters shows.

  • *Sees higher shipments, margins in 2014 as China contributes less. *Says has 1 GW worth of power plant projects across China. A recovery in solar panel prices after a four year slump has helped Yingli's rivals such as Trina Solar Ltd, JA Solar Holdings Co Ltd post profits in recent quarters, while JinkoSolar Holding Co Ltd posted a profit last August.

  • The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel. Coal output is also concentrated in the north and east of India, while power demand growth is more toward the south and west.

  • *83 senators say Iran has no right to enrich uranium. WASHINGTON, March 18- As talks on a nuclear deal for Iran resumed in Vienna Tuesday, a wide majority of U.S. senators urged President Barack Obama to insist that any final agreement state that Iran "has no inherent right to enrichment under the Nuclear Non-Proliferation Treaty."

  • WASHINGTON, March 18- A majority of U.S. senators on Tuesday urged President Barack Obama to insist a final agreement on Iran's nuclear program contains a measure to prevent Tehran from ever having a path to nuclear weapons, as talks on the deal resumed in Vienna.

  • *Sees higher shipments, margins in 2014 as China contributes less. *Says has 1 GW worth of power plant projects across China. A recovery in solar panel prices after a four year slump has helped Yingli's rivals such as Trina Solar Ltd, JA Solar Holdings Co Ltd post profits in recent quarters, while JinkoSolar Holding Co Ltd posted a profit last August.

  • JOHANNESBURG, March 16- Mozambique's overall budget deficit is projected to widen to 9.5 percent this year from 3 percent in 2013, the International Monetary Fund said, as the country continues its spending-driven quest for economic growth.

  • JOHANNESBURG, March 16- On paper, South Africa's long-term energy plans look solid, with coal, nuclear, gas and renewables all viable options. But none are likely to prevent potentially crippling future power crunches in Africa's biggest economy unless a decision is made soon on when and how to add capacity to the grid.

  • NEW YORK, March 14- Power producers' coal ash disposal ponds like the one that leaked toxic sludge into a North Carolina river in February may soon become a thing of the past. At least 30,000 tons of arsenic-laced coal ash were released into North Carolina's Dan River in early February when a pipe broke under Duke Energy Corp's 27- acre ash pond.