Category: Electricity

Solar, wind energy a missed opportunity for Cuba

Cuba is proud of its success in using alternative energy to bring electricity to isolated hamlets like Ramon Gordo, 90 miles west of Havana. But scientists say the island, blessed with year-around sunshine and sea breezes but plagued with chronic energy shortages, could be doing much more on the national level.  More »

JPMorgan ordered to explain withholding emails

The Federal Energy Regulatory Commission sued JPMorgan on July 2 to release 25 emails in an investigation of possible manipulation of power markets in California and the Midwest.  More »

Troubled Calif. nuclear plant may be too pricey to fix

The future of the troubled San Onofre nuclear power plant could balance on an inescapable question: Is it worth the money to fix it? Engineers face a daunting task finding a solution for problems that knocked the seaside plant offline last winter. And even if they come up with a plan that fully addresses safety and operational issues, will it all make sense on a balance sheet?  More »

Departing Progress Energy CEO stands to get as much at $10.3 million

The Progress Energy chief executive whose sudden departure was announced hours after the merger creating America’s largest electric utility is getting a big payout.  More »

Regulators probing JPMorgan over power prices

Energy regulators are investigating whether the bank manipulated electricity markets in California and the Midwest.  More »

CBO: Future bleak for carbon-cutting technology

Despite the goverment’s $6.9 billion investment in emissions-cutting technology in coal power plants, carbon capture and storage isn’t gaining traction, the CBO reported.  More »

Steffy: Peril dead ahead for power market

With each passing day of summer, the deregulated electricity market looks more like the Titanic.  More »

Electricity woes could leave Texas with a black eye

Texas markets itself as a business friendly state that’s weathered the economic slowdown.  More »

Texas OKs big boost in wholesale electricity rate

The Texas Public Utility Commission voted Thursday to raise the wholesale electricity price cap by 50 percent this summer in a move it hopes will spur construction of new power plants.  More »

Steffy: Electricity price cap hike generates consumer backlash

With the Public Utility Commission set to raise price caps on wholesale electricity prices by as much as 50 percent today, consumer outrage is mounting.  More »

Texas PUC to vote on wholesale power price caps

The Texas Public Utility Commission is set to vote Thursday on raising the price cap on wholesale electricity rates by 50 percent later this summer, a move advocates hope would spur construction of new power plants to help the state avoid rolling blackouts and meet future energy demands.  More »

DC Circuit Rejects All Challenges to PSD greenhouse gas regulation. What Now?

Yesterday the Court of Appeals for the District of Columbia Circuit issues a stinging rebuke to state and industry challengers’ petition to prohibit the EPA from regulating greenhouse gases under the Clean Air Act, and extending that regulation to prevention of significant detioration for major stationary sources. The unanimous decision stated that the EPA’s endangerment […]  More »