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Although BrightSource Energy is planning to open its $2.2 billion electricity plant with partners NRG Energy and Google, CEO John Woolard is still scrambling for money to expand the company. USA Today reports.
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May 7- NRG Energy Inc:. *S&P Capital IQ raises target price by $3 to $30; rating buy. Reuters Station users, click. 1568.
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May 6- NRG Energy Inc:. *ISI Group raises target price to $32 from $27.50; rating buy. Reuters Station users, click. 1568.
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California power company PG&E Corp's. Separately, Calpine, the largest independent power producer in California, said its 429- MW Russell City Energy Center near Hayward, will be completed in the third quarter. Its output will also be sold to PG&E under a 10- year agreement, Calpine said in a release.
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May 2- U.S. power company NRG Energy Inc. said its 720- megawatt Marsh Landing natural gas-fired peaking plant in Northern California entered service Wednesday. California power company PG&E Corp's.
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HOUSTON, May 1- Hotter-than-normal weather expected in Texas this summer threatens to reduce the amount of surplus electric power to the lowest level in more than a decade, the state's power grid agency warned on Wednesday.
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*Hotter forecast pares ERCOT's previous summer outlook* Conservation calls likely; rolling outages possible By Eileen O'Grady. HOUSTON, May 1- Hotter-than-normal weather expected in Texas this summer threatens to reduce the amount of surplus electric power to the lowest level in more than a decade, the state's power grid agency warned on Wednesday.
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HOUSTON, May 1- Texas will again face the prospect of rolling blackouts and more frequent calls for conservation on the hottest days this summer as projected demand grows faster than generation is being built to serve those needs, the state's independent grid operator warned in a report. High temperatures drive electric demand for air conditioning in Texas.
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HOUSTON, May 1- Texas will again face the prospect of rolling blackouts and more frequent calls for conservation on the hottest days this summer as projected demand grows faster than generation is being built to serve those needs, the state's independent grid operator warned in a report. High temperatures drive electric demand for air conditioning in Texas.
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The task force submitted the so-called New York Energy Highway Blueprint to New York Governor Andrew Cuomo in October 2012. The Public Service Commission and the state-owned New York Power Authority have also started work on contingency plans in case the giant Indian Point nuclear power plant shuts in 2015..
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April 26- U.S. power company NRG Energy Inc. said on Friday a technology it developed with the University of Delaware has sold power from electric vehicles to the power grid for the first time. Mid-Atlantic and Midwest states and the District of Columbia.
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Although BrightSource Energy is planning to open its $2.2 billion electricity plant with partners NRG Energy and Google, CEO John Woolard is still scrambling for money to expand the company. USA Today reports.
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The relative price difference between NYMEX Central Appalachian coal and NYMEX Henry Hub gas is at its widest since June 2011 at almost $1.50 per million British thermal units, according to Reuters data. Natural gas traded at $3.87 per mmBtu on Friday morning, while Eastern coal was selling at $2.40 per mmBtu.
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March 14- New York utility regulators on Thursday approved a proposal to seek 1,350 megawatts of generation or transmission later in March to keep the power grid reliable in case Entergy Corp's Indian Point nuclear power plant is closed.
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March 1- Texas power grid operator said Friday the amount of electricity available to serve consumers will be tight again this summer as projected demand grows faster than generation is being built to serve those needs.
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Volatility calmed down Tuesday but brace yourself: Pros say bigger gyrations could be the norm for the next few weeks as investors watch what's going on in Washington and Europe.
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David Crane, President & CEO of NRG Energy, discusses the technology behind keeping the lights on at the stadium during the Super Bowl, including using solar panels as a backup.
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*NERC wants to see Texas plan by April 30. *Texas regulators divided on long-term solution. HOUSTON, Jan 14- The top U.S. power grid watchdog has turned up the heat on Texas to address a looming shortage of electric capacity that increases the likelihood of rolling outages.
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HOUSTON, Jan 14- The top U.S. power grid watchdog has turned up the heat on Texas to address a looming shortage of electric capacity that increases the likelihood of rolling outages.
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u f BC-SUNPOWER-BERKSHIREHAT 01-02 0380* MidAmerican Energy in deal for 579 MW project* SunPower to receive between $2.0- $2.5 billion* SunPower shares close up 9 pct. Jan 2- SunPower Corp said it sold two solar projects in California to a company controlled by Warren Bufr to receive between $2.0- $2.5 billion.