A California-based energy company announced Wednesday that it has federal approval to build a transmission connecting Texas’s power grid to the power grid in the Southeast.
nergy Future isn’t entitled to a “windfall” from failing to pay the premium owed for early redemption of debt, CSC Trust Co. of Delaware, which represents most holders of a unit’s $3.5 billion in 10 percent senior secured notes, said in the lawsuit More »
Renewable energy production rose 12 percent last year, according to the state’s grid operator. More »
Saudi Arabia’s natural gas reserves rose last year as it explored for the fuel in the Red Sea and tapped shale gas to free more crude oil for export, according to the kingdom’s state-run oil company. More »
Something could be missing from your next electric bill: a fee that electric customers have been paying for 31 years to fund a federal nuclear waste site that doesn’t exist. More »
The United States will need to produce as much oil and gas as it can muster to prepare for massive global demand growth over the next four decades, a U.S. Chamber of Commerce official said Thursday. More »
Drivers will now be able to get up to $2,500 in incentives to help purchase alternative-fuel vehicles, the Texas Commission on Environmental Quality announced this week. More »
One of Nebraska’s biggest utilities wants to build a 220-mile power transmission line across the Sandhills, but the project is drawing strong opposition from some environmental groups. More »
Berkshire Hathaway Inc.’s energy unit is buying the rest of Canadian power transmission provider AltaLink for about $2.92 billion. More »
New power generators coming online by August will add capacity to the state’s power grid, but customers may still demand so much electricity this summer that the state’s grid operator could ask them to reduce usage. More »
Before Energy Future Holdings Corp. can start fighting junior creditors opposed to the company’s more-than $40 billion bankruptcy plan, the judge overseeing the case must pick the battleground.
A company that was planning a wave energy installation off the Oregon coast that could have powered 1,000 homes has said it will instead undertake the project in Australia. More »