Thomas Fanning, chairman, president & CEO of Southern Company, shares his thoughts on how the winter weather is impacting power outages. This has been crazy, says Fanning.» Read More
Energy Secretary Ernest Moniz will travel to Waynesboro, Georgia, on Thursday to mark the completion of an agreement backing the construction of two new reactors at Southern Co's Vogtle nuclear power plant, the Department of Energy announced on Wednesday.
WASHINGTON, Feb 19- The Obama administration will finalize $6.5 billion in loan guarantees this week for the country's first new nuclear reactors in three decades, U.S. Energy Secretary Ernest Moniz said on Wednesday. The loan aid will support the expansion of Southern Co's Vogtle nuclear plant in Georgia.
The technology has not yet been deployed on a commercial scale, but the EPA highlighted the pending Kemper project in September when the agency unveiled plans to set strict limits on the amount of carbon dioxide that can be generated by newly-built U.S. power plants. Southern Co tried to distance itself from the EPA at that time.
Traders are bracing for another rough ride in markets this week, as the emerging markets continue to shakeout and the Fed is expected to announce another round of cuts to its easing program.
The U.S. allows power companies to sell the carbon dioxide to oil companies. A side benefit is that the carbon gets permanently stuck underground.
The EPA has already published draft regulations that would limit greenhouse emissions from new coal plants to no more than 1,000 lbs of carbon dioxide per megawatt-hour of electricity generated.
A strong sell bias continues among company insiders across the market, as stocks breach trough historic levels.
Nov 21- Power generating companies installed over 500 megawatts of solar power and over 100 MW of wood waste and other biomass type fuels in the United States in October, according to a report by federal energy regulators. The biggest power plant to enter service in October was Spanish multinational Abengoa SA's 280- MW Solana solar thermal plant in Arizona.
Which bands are the all-time best? Winklevosses, what's up with bitcoin? Is a tech wreck brewing? Answers to these questions and more in "Talking Squawk."
LONDON, Nov 12- New funding for research into lower-cost ways of capturing carbon dioxide is meant to emphasise the Obama administration's commitment to a future for cleaner coal-fired power generation.
Some of the names on the move ahead of the open.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Bulls face a trio of challenges: The Fed, earnings from some big names and delayed data due to the shutdown. Will they keep running or lie down?
Talking Squawk looks at Kid Rock calling out Madonna on Detroit, Carl Icahn's Apple obsession and some Greenspeak.
Even when lawmakers play games with the full faith and credit of the United States government, Cramer can find opportunity.
The proposal would help reshape where Americans get electricity, away from a coal-dependent past into a future fired by cleaner sources of energy
GDP data Wednesday is expected to show a slow-moving, zombie-like economy, as the Fed meets for a second day.
While stocks closed higher, the correction isn't over, Josh Brown of Fusion Analytics says.
Investors should be wary of getting long before a threshold, StockMonster's Guy Adami says.
The "Fast Money" traders share their final trades of the day.