National Grid says the rate hike is due to a higher demand for natural gas, with more power plants burning natural gas to generate electricity. National Grid is required to procure power and is allowed to recover the costs. The commission couldn't have refused National Grid's request outright but it did have the power to defer the costs to customers over a longer...
*To pay dividend of 0.50 euro/ share for 2014, 2015. *Sells Spain, Portugal assets to Macquarie for 2.5 bln euros. FRANKFURT, Dec 1- Germany's top utility E.ON said it would split in two, spinning off power plants to focus on renewable energy and power grids, a dramatic response to industry changes that could trigger similar moves at European peers.
LONDON, Nov 13- The London copper market is today in backwardation. But it's becoming increasingly clear that one of the reasons why the London market remains so starved of metal is the activity of an even bigger copper player than the mysterious London long. The SRB has a long track record of buying copper, a strategic metal for China's industrial development but...
LONDON, Oct 30- "If you can keep your head when all about you are losing theirs and blaming it on you," is the famous opening line of a poem by Rudyard Kipling that was once voted Britain's favourite verse. Published at the start of the 20th century, when Britain's empire was at its greatest extent, "If" captures the country's self-image as phlegmatic and unflappable.
Solar powers only half a million U.S. homes and businesses, according to solar market research firm GTM Research. In Arizona, the state's largest utility has proposed putting solar panels on 3,000 customers' homes, promising a $30 monthly break on their power bills. Residential solar grew 45 percent in the second quarter from the previous year and installations...
Concerns about the potentially dangerous impact of hydraulic fracturing, or fracking, in the search for shale gas has prompted protests in Britain and outright bans on the practice in France and elsewhere.
LONDON, July 28- The British government said on Monday it had opened a new licensing round for companies wanting to explore for onshore oil and gas in a move aimed at speeding up shale exploration.
NEW YORK, July 16- Google Inc's Street View cars have captured the world's roads, highways and back alleys for years. Google cars fit with air monitors have taken millions of readings along the streets of Boston, New York and Indianapolis over the past two years as part of a program run by the non-profit Environmental Defense Fund to help reduce methane emissions.
LONDON, July 10- Fossil fuels will remain an indispensable part of the global energy supply for at least the next 50 years, so a means must be found to burn them without pumping carbon dioxide into the atmosphere.
National Grid is surveying soccer fans in a bid to gear up for the surge in energy demand during the World Cup from half-time cups of tea.
Some of the names on the move ahead of the open.
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.
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.
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.
"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.