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Utilities Electric Utilities

  • *Torrential rain in China forces hydro stations to cut output. Dam restrictions in China following excessive rains are also reducing hydropower capacity there, including at the world's biggest power station, forcing utilities to ramp up output at coal-fired utilities. Deutsche Bank said in a note that the climb in coal prices came on the back of factors...

  • Brazil was one of the world's fastest growing markets for the wind power sector in the first half of the decade with a flurry of farms appearing along the nation's vast, windy coast. But a deep recession that began in early 2014 and from which Brazil is only now emerging brought the trend to a halt. He said pressure also comes from governors of states holding the bulk...

  • *France calls on EDF to keep a lid on overruns. PARIS, July 3- French state-owned utility EDF flagged a construction cost overrun at its Hinkley Point C nuclear power station in Britain on Monday, in a new blow for a group of EDF projects already facing delays, rising costs and other problems. "The UK government negotiated a competitive deal which protects consumers...

  • PARIS, July 3- French state-owned utility EDF flagged a construction cost overrun at its Hinkley Point C nuclear power station in Britain on Monday, in a new blow for a group of EDF projects already facing delays, rising costs and other problems. The latest update should have no impact on power supply in Britain, nor should it affect Britain's electricity costs...

  • *Deal to sell six reactors to India might close in 2018. *Deal to sell six reactors to India might close in 2018. NEW DELHI, July 3- The U.S. administration has told India that Westinghouse Electric Co will emerge from bankruptcy and be sold by the year end, industry and diplomatic sources have said, raising the prospect of a Washington- supported sale or bailout for the...

  • None of Americas 99 operating nuclear plants have been penetrated by a cyber attack, "said John Keeley, a spokesman for industry trade group Nuclear Energy Institute. If a plant's operations had been breached, that would require mandatory notification to the Nuclear Regulatory Commission, which would notify the public, he said. Nuclear Regulatory Commission...

  • Homeland Security and FBI officials could not be reached for comment on the report, which was dated June 28. A virus dubbed "NotPetya" attacked on Tuesday, spreading from initial infections in Ukraine to businesses around the globe. On Tuesday the energy-industry news site E&E News reported that U.S. investigators were looking into cyber intrusions this year at...

  • HARARE, June 30- Zimbabwe coal producer Hwange Colliery expects to return to profit in the second half, for the first time since the country dumped its currency for the U.S. dollar in 2009, as it triples output, its chairman said. Hwange, in which the government is the biggest shareholder with a 37 percent stake, is Zimbabwe's second-largest coal producer and...

  • KIEV, June 30- Ukrainian state power distributor Ukrenergo was hit by another cyber attack on Thursday which used a computer virus different from one that hit Ukraine earlier in the week, the company's acting chief said. Ukrenergo was an early victim of a cyber attack that began in Ukraine and spread around the world on Tuesday, knocking out thousands of machines,...

  • KIEV, June 30- Ukrainian state power distributor Ukrenergo was hit by another cyber attack on Thursday which used a computer virus different from one that hit Ukraine earlier in the week, the company's acting chief said. Ukrenergo was an early victim of a cyber attack that began in Ukraine and spread around the world on Tuesday, knocking out thousands of machines,...

  • KIEV/ FRANKFURT, June 29- The primary target of a crippling computer virus that spread from Ukraine across the world this week is highly likely to have been that country's computer infrastructure, a top Ukrainian police official told Reuters on Thursday. Kiev has accused Moscow of two previous cyber strikes on the Ukrainian power grid and other attacks since...

  • MILAN, June 29- Italian utility Enel plans to expand its green energy capacity in the next few years by entering two or three markets in Asia and Africa but is not planning major acquisitions, its renewable energy chief said on Thursday. Enel, which controls Spain's Endesa, became Europe's biggest utility by market value when it bought out its renewable energy...

  • June 29- Japan is planning a wave of new coal-fired power plants as it struggles to revive its nuclear industry which is still mostly shut down in the wake of the Fukushima disaster in 2011. Nuclear power contributed nearly a third of total electricity generated before the catastrophe. Japan had a total 90 coal-fired units at the end of March 2016, with total...

  • *In talks on LNG sales, regas facilities in Southeast Asia. Production of the superchilled gas has been outpacing demand as new supplies come online in Australia and the United States, driving down Asian spot prices by more than 70 percent since 2014.. We have new long-term contracts coming onstream in Asia next year and also the year after. "

  • LONDON, June 28- Korea Electric Power Corp is in talks to buy a stake in Toshiba's NuGen nuclear project in Britain, a KEPCO executive said on Wednesday, a move that could throw the troubled project a life-line but also delay its start. NuGen, in Moorside, northwest England, is expected to provide around 7 percent of Britain's electricity when built, but has been...

  • LONDON, June 28- Korea Electric Power Corp is in negotiations to buy a stake in Toshiba's NuGen nuclear project in Britain, a KEPCO executive said on Wednesday. "We are in negotiations with Toshiba to take some share," Jong-hyuck Park, chief nuclear officer at state-owned KEPCO, said on the sidelines of an industry event in London. However, doubts about the future of...

  • We'd love to see coal generate electricity: Lance Fritz

    Lance Fritz, Union Pacific CEO, responds to remarks from Energy Secretary Rick Perry about having a debate on climate change and using coal for energy production.

  • WASHINGTON, June 27- Wind and solar power does not make the U.S. electricity grid less stable, an outgoing federal regulator said on Tuesday, as the Trump administration readies a study that will examine whether renewable energy has had a harmful effect. Colette Honorable, a member of the Federal Energy Regulatory Commission, said at a conference that renewables...

  • COPENHAGEN/ FRANKFURT, June 27- Wind farm operators are betting on a new generation of colossal turbines, which will dwarf many skyscrapers, as they seek to remain profitable after European countries phase out subsidies that have defined the green industry since the 1990 s. These massive machines will each stand 300 metres tall almost as high as London's Shard,...

  • SEOUL, June 27- South Korea's government said on Tuesday it would suspend construction of two partially-completed nuclear reactors while it gathers public opinion on the facilities and decides whether they should be scrapped. The move comes after the country's new president, Moon Jae- in, said South Korea would stop building new nuclear power plants and not...