Category: Electricity

CenterPoint 3Q profit jumps on restructuring gain

CenterPoint Energy Inc. said third-quarter profit surged on a gain from a restructuring of the Texas electricity market, which helped the utility company overcome disappointing revenue.  More »

EPA official: agency will reply to power plant rule before deadline

A top Environmental Protection Agency official said today the agency would have enough time to go through public comments on a proposed power-plant rule that a coalition of utilities and states such as Texas has asked a court to delay.  More »

Greens, citing Lake Michigan spill, call for Congress not to block EPA rule

Environmental groups today upped pressure on Congress not to block the Environmental Protection Agency from handing down restrictions on coal-ash disposal, citing reports of an ash spill into Lake Michigan on Monday.  More »

Republicans to question EPA official on air-toxics rule for power plants

House Republicans will bring the Environmental Protection Agency’s No. 2 official before a committee today to question him on the economic impacts of a proposed air-toxics rule for power plants. The hearing comes as a coalition of states, including Texas, and utilities ask a federal court to delay the final rule’s issuance until late in 2012.  More »

Guilt trips are effective weapon against electricity use, study finds

Utility companies are partnering with Facebook to let users now how their electricity use measures up to their friends’ and neighbors’, a tactic found to reduce consumption.  More »

Kansas Republican to put forth bill axing energy tax credits

Rep. Mike Pompeo, R-Kan., told lawmakers in a letter last week that his bill to repeal all tax credits for energy production and investment would save the U.S. government up to $90 billion over 10 years in what he says is spending that distorts the market.  More »

Texas takes its case against revised EPA rule to the agency

The Environmental Protection Agency’s proposed revisions to its Cross-State Air Pollution Rule don’t satisfy Texas’ concerns about whether the state and its utilities can comply, a top state official told the agency today in Washington.  More »

Exelon says EPA should finalize cross-state, toxics rules, citing costs

Chicago-based Exelon Corp. said Thursday the Environmental Protection Agency should finalize its upcoming Cross-State Air Pollution Rule and a separate power plant toxic emissions rule, saying that option would come at a much lower cost for electric utilities than subsidizing or mandating renewable energy.  More »

Electric utilities, state official heading to D.C. to testify on air pollution rule

Susana N. Hildebrand, chief engineer for the Texas Commission on Environmental Quality, is among those who will speak at a hearing Friday on proposed revisions to the Cross-State Air Pollution Rule. The state of Texas has sued the EPA to block the rule.  More »

Group says ‘farm dust’ rule ban would also block EPA fossil-fuel emissions regs

A Republican-fronted bill meant to stop the Environmental Protection Agency from regulating coarse dust particles from farms and rural roads would inadvertently ban the agency from regulating dust emissions from industrial sources such as power plants, an environmental group said today.  More »

Floating wind turbine wins ConocoPhillips prize

The third annual ConocoPhillips Energy Prize went to an M.I.T.-linked firm designing floating wind turbines.  More »

Embattled EPA air pollution rules “must continue,” top official says

The EPA will continue to push stronger rules on emissions by utilities despite industry and congressional opposition, the agency’s top air quality official says.  More »