More Business Energy Regulation News

UK eyes legislation to open electricity wholesale market


The UK's Labour Party would be prepared to legislate to ensure greater competition in energy supply in the market if it wins re-election next month, according to its "green manifesto".




Calpine Corp. will buy 4,490 MW of power generation assets from Pepco Holdings Inc.  for $1.65 billion plus adjustments.



Constellation Energy agreed with Houston-based Navasota Holdings to buy two 550 MW natural gas combined-cycle generation facilities in Texas for $365 million, or $332 per kilowatt.

yucca dismantle hold


The Department of Energy put a hold until May 5 on dismantling the Yucca Mountain nuclear waste site in Nevada, giving federal judges a chance to review a legal challenge to shutting down the site.



Mirant Corp. and RRI Energy Inc. will merge to create GenOn Energy, an independent power producer with 24,700 MW of electric generating capacity in the United States.



New York utility regulators rejected Entergy Corp.'s plan to spin off its six nuclear power stations into a separate company.

CERA gas report


A study, Fueling North America's Energy Future: The Unconventional Natural Gas Revolution and the Carbon Agenda, says that shale gas, the expansion of natural gas resources, could augment natural gas supply and open competition among different energy sources.

Renewable bill proposal


U.S. Senators Russ Feingold (D-WI) and John Ensign (R-NV) are introducing legislation that would ensure all forms of renewable energy meet a new federal renewable electricity standard requirement.

Merrill Lynch: Carbon markets are under "a dark cloud" of uncertainty

01/27/2010 Uncertainty over future regulation and falling gas prices have placed carbon markets under a "big, dark cloud", according to analysts at Bank of America Merrill Lynch.

Friends of the Earth threatens legal action against UK government over "flawed" power planning regime

01/22/2010 Environmental pressure group Friends of the Earth has threatened legal action against the UK government over its "fundamentally flawed" plans to approve new nuclear reactors, power plants, wind farms, electricity pylons and pipelines.

TVA's Bellefonte nuclear units now in "deferred" status

01/14/2010 The Nuclear Regulatory Commission has approved the Tennessee Valley Authority's (TVA) request to change the unfinished Bellefonte Unit 1 & 2 reactors to "deferred" status.

Dubai opens power sector to private investors with Hassyan tender

01/13/2010 Dubai will for the first time allow private investors to own a stake in the power industry, in a move designed to ease the government's investment burden and make the sector more efficient, reports the National.

ENTSO-E launches public consultation on EUROGRID 2020 plan

01/12/2010 The European Network of Transmission System Operators for Electricity (ENTSO-E) has launched a public consultation of its Research and Development Plan EUROGRID 2020

Marubeni submits lowest tariff for Saudi 2000 MW CCGT plant

01/05/2010 A consortium headed by Marubeni Corporation of Japan has proposed the lowest tariff to build a 2000 MW power plant in Riyadh for Saudi Electricity Company (SEC).

EDF wins EU appeal on EUR1.2bn state aid ruling

12/16/2009 French state-controlled utility EDF could recover up to EUR1.2bn ($1.75bn) after it won a European Union court challenge that said EU regulators were wrong to order the company to repay tax relief to the French government.

UK makes utilities responsible for the installation of 47m smart meters by 2020

12/02/2009 Energy suppliers will be responsible for installing 47m power and gas smart meters in all UK homes by 2020 under final plans for the scheme published by the Department for Energy and Climate Change (DECC).

Progress Energy to retire four coal-fired plants by 2017

12/01/2009 Progress Energy Carolinas, a unit of Progress Energy, said that all of its remaining coal-fired plants in North Carolina without scrubbers will be retired by 2017.

European Union appoints Germany's Guenther Oettinger as new energy commissioner

11/27/2009 The European Union has appointed Germany's Guenther Oettinger to replace the Latvian Andris Piebalgs as energy commissioner.

European Union appoints Germany's Guenther Oettinger as new energy commisioner

11/27/2009 The European Union has appointed Germany's Guenther Oettinger to replace the Latvian Andris Piebalgs as energy commissioner.

Vietnam approves nuclear programme, construction to start 2014

11/25/2009 Vietnam's National Assembly has approved a 'draft law on nuclear energy' to facilitate the building of the country's first nuclear power stations, with the first one due to start construction in 2014.