Category: Electricity

TransCanada’s quarterly profit rises on higher power prices

TransCanada Corp., the Calgary-based company seeking to build the Keystone XL oil-sands pipeline, said third-quarter profit rose 30 percent as it took advantage of higher electricity prices.  More »

EU nations urged to overhaul energy markets state support

The European Union presented a set of recommendations for governments to improve their state-aid mechanisms in energy markets, including support programs for renewable energy  More »

Energy Future making debt payments due Friday

Energy Future Holdings Corp., the Texas power producer that skirted bankruptcy this week, said it’s meeting debt obligations, including coupons due Nov. 1.  More »

Grid planners say Texas has enough power for winter demand

Texas grid planners expect a mild winter, and say the grid should have ample capacity for peak conditions, just days after electricity commissioners said they planned to require mandatory reserves to help make the grid more reliable.  More »

Debate intensifies on state’s power reserve needs

A member of Texas’ Public Utility Commission said his colleagues moved too quickly when they voted last week to support a mandatory power reserve margin, before results of a study on the issue by the Brattle Group are released.  More »

Vote to require spare power on Texas grid spurs debate

Texas electricity regulators voted to require reserve generating capacity on the Texas grid, despite a dissenter’s fear that the move could raise retail power prices.  More »

Guest Commentary: Texas’ deregulated power market should evolve to meet future challenges

The Public Utility Commission is looking this week into whether to provide an “insurance policy” for the electric grid. This makes sure that we have extra generation on hand in case of sudden weather changes or unplanned outages.  More »

States join forces to promote clean cars

Eight states, including California and New York, pledged Thursday to work together to dramatically multiply the number of zero-emission cars on the nation’s roads by speeding the construction of charging stations and other infrastructure.  More »

Regulators say utility should return ‘excessive earnings’

State regulators have determined Columbus Southern Power had “excessive earnings” for 2010 under Ohio law and should return $6.9 million.  More »

Opponent accuses Cameron of panic response to rising energy prices

Ed Miliband, the leader of the U.K.’s opposition Labour Party, accused Prime Minister David Cameron of making up energy policy in a panicked response to public anger at soaring electricity and gas bills.  More »

Puerto Rico governor vows reform as electricity bills soar

Puerto Rico’s governor announced Wednesday that he is overhauling the island’s state-run power company amid corruption allegations and criticism that bills are on average more than double that of the U.S. mainland.  More »

Investors skirmish for scraps as bankruptcy of TXU Energy parent looms

KKR & Co., Goldman Sachs Capital Partners and TPG Capital, the firms that led the $48 billion buyout of Energy Future Holdings Corp. in 2007, are fighting to receive barely 3 percent of their initial investment when the power generator files for bankruptcy as soon as this month.  More »
Page 20 of 101« First...10...1819202122...304050...Last »