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Utilities Electric Utilities

  • Sept 13- About 5 million customers, or about 10 million people, were without power on Wednesday morning in Florida, Georgia and the Carolinas after Hurricane Irma, down from a peak of over 7.8 million customers on Monday, local utilities said. NextEra Energy Inc-owned FPL, which serves nearly 5 million homes and businesses, expects to restore essentially all of its...

  • Power companies race to restore power to Florida customers

    CNBC's Jackie DeAngelis reports on efforts to restore power in the Sunshine State after Hurricane Irma.

  • PARIS, Sept 13- French regulators have demanded heightened supervision at EDF's Belleville nuclear power station citing failures in safety standards, regulator ASN said on Wednesday. The regulator's latest findings may heighten concerns over French nuclear power supply this winter after it ordered EDF in August to carry out a review of all components in...

  • PARIS, Sept 13- French state-controlled utility EDF said on Wednesday that the increased supervision of its Belleville nuclear power plant decided by nuclear regulator ASN would not have an impact on electricity production. France's ASN nuclear regulator said on Wednesday it had placed the Belleville nuclear power generation site under increased...

  • PARIS, Sept 13- France's ASN nuclear regulator said on Wednesday that it had placed France's Belleville nuclear power generation site, operated by EDF, under increased supervision due to a decline in safety levels noted since 2016.. The watchdog said several reasons had led it to take the decision, including an increasing number of significant events...

  • *Strong demand from China, Japan lifts Australian cargo prices. SINGAPORE, Sept 13- Australian coal cargo prices for export from its Newcastle terminal hit a 2017- high of $103.5 per tonne at their last close, driven by strong Asian demand. The Newcastle free-on-board contract is seen as a benchmark for Asian thermal coal prices.

  • *Strong demand from China, Japan lifts Australian cargo prices. SINGAPORE, Sept 13- Australian coal cargo prices for export from its Newcastle terminal hit a 2017- high of $103.5 per tonne at their last close, driven by strong Asian demand. The Newcastle free-on-board contract is seen as a benchmark for Asian thermal coal prices.

  • Sept 12- Power outages from Hurricane Irma dropped to about 5.8 million customers in Florida, Georgia, North Carolina, South Carolina and Alabama by Tuesday afternoon, down from a peak of over 7.4 million late Monday, according to utilities in the affected region. FPL said it expects to restore essentially all of its customers in the eastern portion of the state by...

  • NEW YORK, Sept 12- Some 5.8 million homes and businesses in Florida and nearby states still had no power on Tuesday after the pummeling from Hurricane Irma, as utility companies scrambled to get the lights back on in one of the biggest power restoration efforts in U.S. history. Major utilities in Florida- including NextEra Energy Inc's Florida Power& Light, Duke...

  • Sept 12- The cost of solar energy has hit a U.S. government target three years ahead of schedule, prompting the Energy Department to change the focus of its solar program to integrating higher levels of the renewable power technology with the power grid. The DOE's SunShot Initiative, launched in 2011 by the administration of President Barack Obama, set a goal of...

  • TORONTO, Sept 12- Home Capital Group Inc's shareholders on Tuesday rejected a proposal for Warren Buffett's Berkshire Hathaway to raise its stake in the company, voting against the board's recommendation in a third defeat for the U.S. billionaire this year. Home Capital Chairwoman Brenda Eprile told a special meeting of shareholders that 88.79 percent of...

  • NEW YORK, Sept 12- Some 6.1 million homes and businesses in Florida and nearby states still had no power on Tuesday after the pummeling from Hurricane Irma, as utility companies scrambled to get the lights back on in one of the biggest power restoration efforts in U.S. history. Major utilities in Florida- including NextEra Energy Inc's Florida Power& Light, Duke...

  • Sept 12- Power outages from Hurricane Irma dropped to about 6.1 million in Florida, Georgia, North Carolina, South Carolina and Alabama by Tuesday afternoon, down from a peak over 7.4 million late Monday, according to local utilities. FPL said it expects to restore essentially all of its customers in the eastern portion of Florida by the weekend and the harder-hit...

  • TORONTO, Sept 12- Home Capital's shareholders on Tuesday rejected a proposal for Warren Buffett's Berkshire Hathaway to raise its stake in the company, voting against the board's recommendation in a third defeat for the U.S. billionaire this year. The deal would have allowed Berkshire Hathaway to buy new shares in the company at a price of C $10.30 per share, a...

  • LONDON, Sept 12- Taxpayers will not be on the hook for any additional costs incurred in the building of the new $24 billion Hinkley Point nuclear plant, British finance minister Philip Hammond said. EDF said in July that costs at Hinkley Point were likely to be higher than it originally thought. EDF's UK arm EDF Energy is building the 18 billion pound plant in...

  • NEW YORK, Sept 12- Some 6.7 million homes and businesses in Florida and nearby states still had no power on Tuesday after the pummeling from Hurricane Irma, as utility companies scrambled to get the lights back on in one of the biggest power restoration efforts in U.S. history. Major utilities in Florida- including NextEra Energy Inc's Florida Power& Light, Duke...

  • *Iran and Syria signed new deals, worth millions of euros. LONDON/ BEIRUT, Sept 12- Iran signed deals with Damascus on Tuesday to repair Syria's power grid, state media said, a potentially lucrative move for Tehran that points to a deepening economic role after years of fighting in the Syrian conflict. On Tuesday, Iran and Syria signed a memorandum of understanding...

  • NEW YORK, Sept 12- Power outages from Hurricane Irma in Florida and nearby states declined to about 6.9 million customers on Tuesday from a peak over 7.4 million late Monday as utilities organized one of the biggest restoration efforts in U.S. history. Some customers in the hardest hit areas of Florida, however, will likely have to wait weeks before their lights...

  • PARIS, Sept 12- The number of nuclear newbuild projects worldwide has dropped to a decade low in the wake of the 2011 Fukushima disaster and due to the rising cost of atomic energy, an industry report showed. China, the most active builder of nuclear plants in the past decade, saw its newbuild activity slow from 10 in 2010 to six in 2015 and just two last year.

  • PARIS, Sept 12- The number of nuclear newbuild projects worldwide has dropped to a decade low in the wake of the 2011 Fukushima disaster and due to the rising cost of atomic energy, an industry report showed. China, the most active builder of nuclear plants in the past decade, saw its newbuild activity slow from 10 in 2010 to six in 2015 and just two last year.