Latest news on ‘Utilities’
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Uranium stocks decline as Germany goes anti-nuclear
Financial Post -The uranium sector came under selling pressure on Monday after Germany announced it will shut down all of its nuclear reactors by 2022, reversing an energy policy established [...]
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Regulators look at why cold shut Texas power plants
Reuters – Regulators will investigate why more than 50 power generating units in Texas failed due cold weather on Wednesday, forcing the state’s grid operator to impose rolling blackouts as [...]
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EPA Agrees to Limit Emissions From Power Plants, Refineries
E&E Publishing – Threatened with lawsuits from environmental groups, the Obama administration has agreed to issue another round of greenhouse gas limits for both power plants and refineries — this [...]
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Thomas & Betts shares rise after analyst upgrade
Associated Press – Shares of Thomas & Betts Corp. rose on Thursday after an analyst upgraded the maker of electrical power components, saying the market for its products is improving.
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Hydro Secures Bauxite Supply for 100 Years in $4.9 Billion Deal
(Bloomberg) – Norsk Hydro ASA, Europe’s third- largest aluminum maker, agreed to buy mining assets from Vale SA for $4.9 billion, securing a century’s worth of bauxite supplies and making [...]
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Big options bets made ahead of Mirant-RRI deal
NEW YORK (Reuters) – Recent options activity on shares of Mirant Corp (MIR.N) suggests traders were anticipating a substantial move in the stock prior to the announcement that Mirant would [...]
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Entergy Cancels Spinoff of Plants
FOXBusiness – Regulatory setbacks caused nuclear power company Entergy Corp. (ETR: 81.55, -0.71, -0.86%) to cancel a spin-off of several power plants, the company said Monday.
Entergy said that efforts put [...] -
Fort Chicago to pay US$80 million for hydroelectric plant in New York State
CALGARY – Fort Chicago Energy Partners LP (TSX:FCE.UN) announced Monday that it plans to acquire a 33-megawatt hydro-electric power generation plant in upstate New York, just south of Lake Ontario, [...]
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China announce plans to boost energy efficiency
BEIJING (AP) – China says it is aiming for a big boost in energy efficiency by cutting carbon dioxide emissions per unit of gross domestic product by up to 45 [...]
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China’s State Grid Enters Utility Storage Market
SHANGHAI (Dow Jones) – China’s State Grid Corp. said last week that it had developed its own sodium-sulfur battery for large-scale energy storage applications, marking the entry into that market [...]
