Category: Electricity

France agrees to buy 20% stake in Alstom

The final obstacle to GE’s $17 billion takeover of Alstom’s power division was overcome Sunday after the French government agreed to terms with the French engineering company’s main shareholder.  More »

Vampires at home? Household items draining energy

Like vampires, household appliances quietly suck up electricity while you sleep and while you’re away at work. TCAP has analyzed the data to get a sense as to how much these devices may be costing you every year.  More »

This may whet your appetite for a new dryer

Your old dryer may be hampering your home energy efficiency.  More »

Google planning energy push with technology for power companies

Google, a big consumer of electricity for the computer servers that power its services, is looking at ways to transform the century-old utility industry, which has been struggling to adapt to changing demands for power management and production.  More »

Buffett to expand energy wager ‘as far as the eye can see’

Berkshire Hathaway Inc., which has struck deals to expand its utility business in Nevada and Western Canada, plans more investment in the industry, in part by betting on renewable power, Chairman Warren Buffett said.  More »

Buffett ready to double $15B solar, wind bet

Warren Buffett briefly lost track of how many billions of dollars his Berkshire Hathaway Inc. is spending to build wind and solar power in the U.S. That didn’t stop him from vowing to double the outlay.  More »

Bankruptcy judge approves $9.9B in loans to troubled Texas power firm

A federal bankruptcy judge on Friday approved $4.47 billion in loans to Energy Future Holdings, which had sought debt to pay the bills for its retail electricity business while in bankruptcy.  More »

Buffett’s $26 billion power bet seen paying off

Warren Buffett’s $26 billion bet on western U.S. power plants, transmission lines and wind farms is poised to pay off.  More »

Kentucky plant emblematic of nationwide move from coal to gas

Across the U.S., utilities are making changes to try to meet stiffer carbon emissions rules the Obama administration announced this week.  More »

NRG affiliate buys country’s largest wind farm

A company affiliated with NRG Energy Inc. will spend $870 million to buy the country’s largest wind farm, it announced Wednesday.  More »

Let the complaints begin…

A day after the roll out of the EPA’s proposed greenhouse gas control rule for existing power plants under the CAA, section 111(d), we have the usual complaints from the usual quarters that meeting the requirements will cause wide economic disruption, and that the proposal is not legally consistent with the 111(d) provisions of the […]  More »

Report: New efficiencies could ease strain on power markets

New measures to reduce electricity use could curb growth in Texas’ peak power demand by 40 to 50 percent over the next two decades, eliminating the need to build that capacity and lowering prices for ratepayers, a new report shows.  More »
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