*UK power market faces severe shortage after 2015. LONDON, Dec 4- British lawmakers rejected an amendment on Wednesday that would have forced tougher rules on old coal-fired power plants, sparing the energy market from an even tighter squeeze as ageing nuclear plants shut later this decade.
WASHINGTON, Nov 25- Democratic Commissioner Cheryl LaFleur has been named acting chairwoman of the U.S. Federal Energy Regulatory Commission, the agency said on Monday. In recent years it has instigated high-profile investigations against major banks, including JP Morgan Chase& Co and Barclays PLC for energy market manipulation and false reporting.
WASHINGTON, Nov 25- Commissioner Cheryl LaFleur has been named acting chairwoman of U.S. Federal Energy Regulatory Commission, the agency said on Monday. The previous chairman, Jon Wellinghoff, left FERC on Sunday.
BUENOS AIRES, Oct 10- Argentina will offer about $500 million to resolve disputes with corporations at a World Bank arbitration panel, a financial daily newspaper reported on Thursday.
LONDON, Oct 8- A link between British grid frequency- set by the speed at which power turbines spin- and electricity prices suggests a trading opportunity in European spot markets, where liquidity is rising to balance a more variable power supply.
Sept 26- National Grid Plc will pay more than $6.3 million to compensate employees in New York and Massachusetts who were not properly paid in the weeks after Hurricane Sandy because of problems with a new computerized payroll system.
LONDON, Sept 23- European shares traded flat at midday on Monday after stronger euro zone data and Angela Merkel's landslide personal victory in Germany's election failed to offset dampening comments from a U.S.
*National Grid leads utilities lower after UBS downgrade. LONDON, Sept 23- Hawkish comments from Federal Reserve President James Bullard dragged back European shares early on Monday, while a landslide victory in German elections for Angela Merkel kept the DAX around all-time highs.
LONDON, Aug 14- Electrification was the single greatest engineering achievement of the 20th century, according to the U.S. National Academy of Engineering. But buying electricity is not like buying a can of baked beans.
LONDON, Aug 9- The European Union will have to use all means at its disposal to convince people to accept construction of priority power transmission lines equal to four times the Earth's diameter, which are needed to integrate rapidly growing renewable power.
"Due to the superb teamwork and coordination of New York's transmission owning utilities, electric generating companies, demand response resources, energy services providers and government agencies, we have successfully met record-high electric demand with sustained reliable operation of the bulk electric system," NYISO Chief Executive Stephen Whitley said in statement.
They have asked consumers to conserve power, deferred non-essential equipment maintenance and activated demand response programs to reduce energy usage in the New York City area, but there have been no widespread blackouts- just some scattered outages.
July 17- Power companies and regional grid operators in the U.S. On Wednesday, New York State's grid operator again activated programs to reduce electric use for a third day in a row.
July 17- New York State's power grid operator said it might ask some of its customers in its power reduction programs to limit electricity use for a third day as people crank up air conditioners to escape the brutal heat wave.
Next-day prices in PJM, New England and New York climbed about 15 percent to the $130 s per megawatt-hour for Wednesday, which traders said is high but not unusually so when electric usage is near record levels. Temperatures in New York City, the biggest metropolitan area in the United States, reached 94 degrees F on Monday.
LONDON, July 16- Winds are notoriously footloose and hard to predict, but for grid operators keen to keep their customers' lights on and hold down costs, agreeing on a method to measure the reliability of the fast-growing electricity source is vital.
In New York, the New York Independent System Operator activated its demand response programs to reduce electricity usage in the New York City area.
LONDON, July 12- Policymakers have intense aversion to the risk of lights going out. Some power grid operators, such as in Austria, Cyprus and Estonia, define all wind power as entirely unavailable when calculating how much overall capacity is needed to prevent a blackout.
LONDON, July 11- Britain's National Grid has outlined plans to keep the lights on during the dark winter evenings of 2014/ 15 and 2015/ 16- when the margin of spare generating capacity could fall as low as 4 percent and the risk of some disconnections could be as high as 50 percent.
July 3- The New York power grid said on Wednesday it is prepared to keep consumers' air conditioners humming early next week when a heat wave bakes the Big Apple even though a giant nuclear power reactor at Indian Point was shut this week.