The TVA said the plant consumes about 7,200 tons of coal daily. TVA already has announced plans to shut down coal-fired boilers at plants in Alabama, Kentucky and Tennessee. The U.S. government-owned utility supplies power to about 9 million people in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.» Read More
BRASILIA, July 10- Brazil's government is in talks with commercial banks to lend at least 2 billion reais in emergency credit to electricity distributors as drought causes power rates to soar, a source with direct knowledge of the talks told Reuters on Thursday. Brazil's energy regulator on Wednesday extended the deadline for payment to the end of the month.
Wisconsin Energy struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.
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.
June 2- The U.S. Environmental Protection Agency formally announced a plan on Monday to slash carbon emissions from the power sector by 30 percent below 2005 levels by 2030, a key element of President Barack Obama's plan to tackle global warming. Coal comprises more than 20,000 megawatts of the company's generation capacity. --American Electric Power Co Inc#.
MEXICO CITY, May 20- Mexico's state-owned power utility plans to start selling natural gas to the private sector for the first time as it builds new pipelines, the company's top executive said.
*Coal tops the list for deaths in energy sector. *Coal is also a major polluter. Coal mining is responsible for more fatalities than the production of any other energy source due to poor working conditions in producing countries such as China, Turkey, South Africa, Indonesia and Colombia.
Nuclear power producer Exelon Corp. said it would buy Pepco Holdings for $6.83 billion to create the biggest mid-Atlantic electric and gas utility.
April 30- Exelon Corp, the largest U.S. nuclear power producer, said it would buy Pepco Holdings Inc for $6.83 billion to create the biggest electric and gas utility in the U.S. Exelon's $27.25 per share cash offer represents a near 20 percent premium to Pepco Holdings' Tuesday close of $22.79 on the New York Stock Exchange.
*Coal tops the list for deaths in energy sector. *Coal also a major polluter. Coal mining is responsible for more fatalities than the production of any other energy source due to poor working conditions in export countries such as China, South Africa, Indonesia and Colombia.
*Deal will also let Energen fund Permian basin drilling. *Energen shares up as much as 4 pct, Laclede falls as much as 3 pct. April 7- Energen Corp will sell its 150- year old natural gas utility Alabama Gas Corp to Laclede Group Inc for $1.28 billion in cash, helping it repay debt and fund drilling for oil and gas in the Permian basin.
WASHINGTON, April 3- The U.S. Commodity Futures Trading Commission plans to ease its new swaps rules to help public power utilities using swaps to hedge price risk, the head of the derivatives regulator said on Thursday.
The U.S. average price of gasoline rose by 5 cents during the past two weeks, caused by the jump in the price of ethanol used to make gasoline.
Liberum's Peter Atherton says U.K. energy companies could keep tariffs flat come next September, after Centrica reported that 360,000 of its customers quit in the fourth quarter due to price hikes.
Several utility companies have recently announced increases in their retail electricity rate as they struggle to meet peak periods of demand.
To help avert a financial crisis, Russian President Vladimir Putin announced Russia's gas supply prices to Ukraine will be cut by one-third.
In the latest "despicable scam," fraudsters threaten to shut off your power unless you fork over cash.
If you've noticed your utility bills falling, there's a good reason. Surging natural gas production in the U.S. has had one benefit already: curbing or even cutting power costs.
Kingsley Jones, Founder and CIO, Jevons Global tells CNBC's Cash Flow why he thinks the U.S. is on the verge of re-industrialization.
Gasoline prices are up 8 cents in the past two weeks and will likely continue climbing through April. Experts say the 2013 national average will likely top out at about $3.95 a gallon.
Gasoline futures continued to trade higher in the electronic session Thursday as the latest track of Hurricane Sandy looked headed straight for the heart of the East Coast refining industry.