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The filing with U.S. Bankruptcy Court in Delaware will allow the Los Angeles company to exit the auto sector and refocus on energy storage, a far less capital-intensive business.
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The filing with U.S. Bankruptcy Court in Delaware will allow the Los Angeles company to exit the auto sector and refocus on energy storage, a far less capital-intensive business.
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*Wunderlich Securities raises target price to $60 from $55; rating buy. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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May 1- Arizona Public Service's 1,311- megawatt Unit 1 at the Palo Verde nuclear power plant in Arizona ramped up to 68 percent power by early Wednesday from 44 percent power early Tuesday, the U.S. Nuclear Regulatory Commission said in a report. Meanwhile, Palo Verde 2 and Palo Verde 3 were operating at full power.
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*ISI Group cuts to neutral from buy- Benzinga.com. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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HOUSTON, April 30- Southern California Edison may decide to retire one or both reactors at its San Onofre nuclear station by year end if U.S. nuclear regulators deny its request to restart one of the station's damaged nuclear reactors, said Ted Craver, chief executive of SCE parent Edison International on Tuesday.
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HOUSTON, April 30- Southern California Edison may decide to retire one or both reactors at its San Onofre nuclear station by year end if U.S. nuclear regulators deny its request to restart one of the station's damaged nuclear reactors, said Ted Craver, chief executive of SCE parent Edison International on Tuesday.
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HOUSTON, April 30- If U.S. nuclear regulators deny Southern California Edison's request to restart one of the damaged San Onofre nuclear reactors, the utility may decide to retire one or both units by year-end, said Ted Craver, chief executive of SCE parent Edison International on Tuesday.
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*California more reliant on natural gas generation.
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*California more reliant on natural gas generation.
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HOUSTON, April 29- Wholesale power prices per megawatt-hour in California dipped just 2 percent last year, barely reflecting a 30 percent drop in average natural gas prices, as the absence of two Southern California nuclear units, less hydropower and higher demand kept prices up, the state electric grid agency said in a report on Monday.
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HOUSTON, April 10- Nuclear regulators on Wednesday said a license request change submitted by operators of the damaged San Onofre nuclear station in California may not represent an increased safety risk, according to a release.
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HOUSTON, March 18- Southern California Edison, operator of the shuttered San Onofre nuclear plant in California, submitted additional analysis to nuclear regulators to demonstrate that the 1,070- megawatt Unit 2 can be restarted safely, the utility said on Monday.
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March 14- The costs to California residents to meet the ambitious goal of using renewable power for one-third of the state's electric needs by 2020 are beginning to come down, according to a state regulatory report.
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March 7- More than one-third of U.S. nuclear power plants suffered safety-related incidents over the past three years, and nuclear regulators and plant operators need to improve inspections to prevent such events, the Union of Concerned Scientists said in a report on Thursday.
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HOUSTON, Feb 28- Southern California Edison, operator of the shuttered San Onofre nuclear plant in California, and its regulators are discussing ways the utility can avoid a lengthy public airing of problems that led to a year-long shutdown of the twin reactors.
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LOS ANGELES, Feb 6- The owner of a shuttered Southern California nuclear power plant was aware of problems with its new steam generators before they were installed, two lawmakers said on Wednesday, citing a report by the maker of the equipment.
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LOS ANGELES, Feb 7- The owner of a shuttered California nuclear power plant on Thursday rejected suggestions by two lawmakers that it had been aware of problems with the reactors' steam generators before installation, calling the comments "simply not accurate".