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National Grid PLC

  • Utilities appeal millions in fines for 2011 storms Monday, 7 Apr 2014 | 12:40 PM ET

    The agency fined National Grid $18.7 million for Tropical Storm Irene in August 2011 and for a rare October snowstorm. The storms had a "catastrophic impact" on the overhead electric system and given the severity of damage National Grid acted "diligently and reasonably to restore service safely and promptly," the company argued.

  • April 6- An unexplained blast this week at a liquefied natural gas facility in rural Washington state, which injured workers, forced an evacuation and raised alarm about a potentially large second explosion, could focus attention on the risk of storing massive gas supplies near population centers.

  • LONDON, Feb 19- "Cripplingly high power costs are forcing some of Britain's heavy manufacturers to shut down their entire operation at peak times, with furnaces cooling and workers shivering in cold, darkened offices," according to an article in Wednesday's Financial Times.

  • The Financial Industry Regulatory Authority and the U.S. Securities and Exchange Commission are reviewing firms' practices for advising customers about so-called rollovers. The SEC said on Thursday that the issue is one of its 2014 examination priorities, after FINRA announced its own plans on January 2.

  • *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.

  • Commissioner LaFleur named acting chair of FERC Monday, 25 Nov 2013 | 9:27 AM ET

    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.

  • Cutting Power to the 21st Century Electric Bill Tuesday, 2 Jul 2013 | 11:53 AM ET

    What worked for utility companies during the first hundred years of electricity won't work anymore. Utilities that think they can keep charging at will for electrons will be gone.

  • Lightning Round: Amgen, Ford & More Wednesday, 5 Jun 2013 | 6:45 PM ET

    It’s time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Steve Holliday, CEO of National Grid, talks through quarterly earnings, the company's strategy, the dividend raise and explains why the U.K. and E.U. need "interconnection" on energy policies.

  • Are Power Companies Better Prepared for Nemo? Friday, 8 Feb 2013 | 4:21 PM ET

    With some 2,000 people still without power from Hurricane Sandy, the question for many is whether energy companies along the Northeast are better prepared for Nemo.

  • Lightning Round: Southern Copper, Oneok & More Thursday, 31 Jan 2013 | 6:36 PM ET

    "Mad Money" host Jim Cramer makes calls on viewer's favorite stocks: Southern Copper, Oneok and more.

  • Nov 2- U.S. utilities restored power on Friday to about a million East Coast homes and businesses plunged into darkness by Hurricane Sandy, a slowdown from the past two days, as crews began to work on the hardest-hit areas that may take days to fix.

  • Nov 2- More than 1.2 million homes and businesses in New York and 1.5 million in New Jersey were still without power on Friday, four days after Hurricane Sandy slammed into the U.S. East Coast, the states' power companies said.

  • Nov 2- More than 1.3 million homes and businesses in New York and 1.4 million in New Jersey were still without power on Friday, four days after Hurricane Sandy slammed into the U.S. East Coast, the states' power companies said.

  • Oct 30- U.S. East Coast electric companies report that outages from Hurricane Sandy have hit more than 8.2 million homes and businesses, the U.S. Department of Energy said in a report early on Tuesday.

  • Oct 30- U.S. East Coast electric companies say outages from Hurricane Sandy so far have hit more than 8.1 million homes and businesses, the U.S. Department of Energy said in a report early on Tuesday.

  • The nuclear reactors in Sandy's current path include units at Public Service Enterprise Group Inc's 2,332- megawatt Salem and 1,161- MW Hope Creek plants in New Jersey, which were likely to bear the brunt of the storm before it moves inland.

  • Oct 29- Hurricane Sandy has already knocked out power to more than 700,000 homes and businesses along the U.S. East Coast. FirstEnergy MD, NJ, PA, WV. Northeast Utilities CT, MA, NH.

  • The nuclear reactors in Sandy's current path include units at Public Service Enterprise Group Inc's 2,332- megawatt Salem and 1,161- MW Hope Creek plants in New Jersey, which were likely to bear the brunt of the storm before it moves inland.

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