More Power Industry Financial News

Entergy revises Vermont Yankee shut down schedule; plans staff cuts

09/29/2014

Entergy (NYSE: ETR) said it expects to cut staff after the Vermont Yankee nuclear power plant shuts down.

Two more nuclear units go offline during refueling season; power prices remain cheap

09/29/2014

Two more nuclear units have gone offline during the fall refueling season - the Exelon (NYSE:EXC) Byron 2 facility in Illinois and the Nebraska Public Power District (NPPD) Cooper plant in Nebraska.

Westinghouse revamps legal battle over S. Africa nuclear contract

09/29/2014

Westinghouse Electric said it refilled court papers challenging a nuclear contract between South Africa and France-based Areva.

EPA chief: carbon caps will boost economy

09/26/2014

In a speech in Washington, on Thursday, Environmental Protection Administration (EPA) administrator Gina McCarthy said that the agency's Clean Power Plan will return $7 in health benefits for every dollar spent, and that by 2030 the program could generate health benefits of up to $93 million.

Australia, Russia enter nuclear power agreement with Argentina

09/26/2014

Argentina has entered into a contract to provide Australia with nuclear fuel for the latter's Opal research reactor, built by Argentine technology firm Invap, according to Business News Americas.

09/24 Henry Hub Average Natural Gas Spot Prices

09/25/2014

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

Clean energy storage site proposed for rural Utah

09/25/2014

Utah state officials say a proposed $1.5 billion clean energy storage site in rural Utah that is part of a larger, ambitious clean energy initiative would be an economic boon to the state and could potentially spur other similar projects near the site.

FirstEnergy issues RFP for solar credits in Pennsylvania

09/25/2014

Deepwater Wind teams with university on offshore wind research

09/25/2014

Deepwater Wind is collaborating with Stony Brook University (SBU) and AWS Truepower to study Long Island’s offshore wind resources

Duke Energy to invest $10M to clean up waterways, Dan River area

09/25/2014

Duke Energy (NYSE: DUK) has created a $10 million Water Resources Fund to cleanup waterways across five states. The fund also includes $1.5 million for projects in the Dan River Basin Region.

Westinghouse acquires Italian nuclear component manufacturer

09/24/2014

Westinghouse Electric completed the acquisition of Italy-based Mangiarotti S.p.A., a manufacturer of components for the nuclear, oil and gas industries.

Duke Energy acquires 40 MW solar project

09/24/2014

Duke Energy (NYSE: DUK) has acquired the 40-MW Elm City Solar Facility from HelioSage Energy, a national developer of utility scale solar projects.

USDA invests in 8 renewable energy projects in SD

09/23/2014

The U.S. Department of Agriculture will provide funds to eight projects in rural South Dakota that focus in renewable energy and energy efficiency.

Construction of natural gas-fired power plant in Wyoming reaches milestone

09/23/2014

Black Hills Power and Cheyenne Light, Fuel & Power, both subsidiaries of Black Hills Corp. (NYSE: BKH), achieved a key milestone in the construction and commissioning of the $222 million Cheyenne Prairie natural gas-fired power plant in Wyoming.

US to train veterans to install solar panels

09/22/2014

The U.S. is planning to train veterans to become solar panel installers in the next six years, the White House said Thursday.

S. Africa, Rosatom agree to build new nuclear reactors

09/22/2014

South Africa and Russia’s state-owned nuclear operator Rosatom agreed to build nuclear reactors in the country.

Court okays Entegra's Chapter 11 reorganization plan

09/22/2014

The bankruptcy judge for power plant operator Entegra Power Group LLC and some of its related companies on Sept. 19 approved a bankruptcy reorganization plan, clearing the way for a quick emergence from Chapter 11 protection.

Siemens agrees to acquire Dresser-Rand

09/22/2014

Dresser-Rand Group Inc. (NYSE: DRC) signed a definitive merger agreement in which Siemens (NYSE: SI) would acquire all outstanding shares of Dresser-Rand common stock for $7.6 billion.

Hinkley Point C nuclear project has financial incentives approved

09/22/2014

The Hinkley Point C nuclear power project is one step closer to approval after the European Union (EU) and the UK government struck a deal.

Duke Energy releases additional details on $500M investment for solar projects

09/22/2014

Duke Energy (NYSE: DUK), on September 15, announced plans to invest $500 million dollars to expand solar power in North Carolina. On Monday the utility released additional details on the commitment.