Power Sector Business

Power plant business news, articles and investments covering financials, mergers and acquisitions, contracts, personnel and staffing.

Power Sector Business News

Bechtel names fifth generation of family as president & CEO

07/31/2014

Brendan Bechtel was named the president and chief operating officer of Bechtel Group Inc. effective Aug. 1.

07-30 Henry Hub Average Natural Gas Spot Prices

07/30 Henry Hub Average Natural Gas Spot Prices

07/31/2014

The Henry Hub is the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX).

Duke Energy to buy ElectriCities in $1.2 billion deal

07/31/2014

Duke Energy Progress has agreed to purchase the generating capacity of ElectriCities in a $1.2 billion deal expected to translate into lower power bills for thousands of eastern North Carolina residents.

EDF may assist Areva & TVO in Finnish nuclear power project

07/31/2014

Areva and Teollisuuden Voima Oyj (TVO) may get some help from EDF S.A. to complete construction of a nuclear power reactor in Finland.

Weekly Coal Production

07/31/2014

The Weekly Coal Production Report has been updated for the week ended July 26, 2014.

Exelon to buy Integrys retail electricity company for $60mn

07/31/2014

Exelon Corp. (NYSE: EXC) and Integrys Energy Group (NYSE: TEG) have signed a definitive agreement for Exelon to purchase Integrys Energy Services for $60 million plus adjusted net working capital at the time of closing.

Taiwan to shutter fourth nuclear power plant

07/31/2014

The Taiwan government said it would defer construction of a fourth nuclear power plant if other stipulations were met.

Nonhydro renewables surpassed hydropower generation for 8 months

07/31/2014

Nonhydro renewable energy sources have consecutively surpassed hydropower generation in the U.S.

Panel wants TEPCO execs charged over nuke crisis

07/31/2014

A Japanese judicial panel has recommended that three former executives of the utility that operates the damaged Fukushima nuclear plant face criminal charges over their role in the disaster.

NY Gov. Cuomo: $250M available for renewable energy projects

07/30/2014

New York state is setting aside $250 million to invest in wind farms, hydropower and other renewable energy projects.

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