Category: Electricity

Electricity plans tout savings with gimmicks (video)

Direct Energy today launched the latest offer in what has become an increasingly competitive and gimmicky electricity market, including Reliant Energy’s “sweet deal” donut ad voiced by Matthew McConaughey.  More »

Barclays calls refineries top stocks for 2013

Refining stock prices are undervalued by about 50 percent, Barclays wrote in a 2013 Global Energy Outlook issued on Wednesday. But the investment bank cautioned investors on Big Oil stocks, amid declining production.  More »

Clean energy costs taxing utilities

Regulated electric utilities are feeling the heat to generate more clean energy while keeping the prices low, the CEO of Duke Energy said on a Platts talk show program on Monday morning.  More »

NRG pushes solar to keep Zoo moving

All 30 electric vehicles the Houston zoo uses to haul food, supplies and even animals now get their power from sunlight.  More »

Tribe: Nevada coal plant falsified pollution data

Representatives of an Indian tribe fighting to force the closure of a coal-fired power plant outside Las Vegas said Wednesday they uncovered evidence that from 2006 to 2011, the state’s dominant electric utility submitted “phony” reports to the state about pollution levels near the plant, and avoided any penalty when the problem was discovered.  More »

State House OKs electric market cost-benefit measure

A measure requiring cost-benefit analysis of regulatory moves affecting the state power market is part of legislation reauthorizing the state Public Utility Commission  More »

Bill would force agency to consider consumer power costs

A Houston lawmaker has proposed that consumer costs and benefits be part of the formula in deciding how to encourage power generators to build new plants at a time when demand is testing the state’s electricity capacity.  More »

Los Angeles aims to go coal-free

The Los Angeles Department of Water and Power is taking steps to wean its dependence on coal by the middle of next decade.  More »

Policy changes could free $1 trillion in energy savings

Consumers could save $1 trillion on energy costs savings for consumers by modifying several policies that would change consumer behavior, the American Council for an Energy-Efficient Economy said in a report released Monday.  More »

Power partially restored at nuclear plant in Japan

Power has been restored to two fuel storage pools at Japan’s Fukushima Dai-ichi plant, which was severely damaged in the 2011 tsunami. But concerns linger about the fragility of the facility, which still runs on makeshift equipment.  More »

Deregulation is working against clean coal in Texas

Summit’s project is promising, but it remains a subsidized laboratory, not a viable solution to our generating problems.  More »

CenterPoint $11B deal reaches further into shale

Houston-based CenterPoint Energy will combine its pipeline assets with those from Oklahoma’s OGE Energy in an $11 billion deal that will give the partnership’s network more access to shale plays and added sources of cash.  More »

Energy storage technology to surge worldwide

The market services required to store electricity is expected to grow tenfold in the next ten years, as energy storage technology starts to become available around the globe, a market research report said Friday morning.  More »

Dynegy buying Ill. coal plants from Ameren

Power producer Dynegy is buying five coal power plants from utility Ameren to increase its power generation capabilities in Illinois and will assume $825 million in Ameren’s debt.  More »

CEO: NRG’s system in Haiti shows power of solar

American electricity giant NRG Energy is installing a solar power and battery storage system this week at a hospital in Haiti that demonstrates the advantages of drawing energy from the sun, CEO David Crane told FuelFix.  More »