US clean energy suffers from lack of wind A lack of wind is making the US clean energy sector sweat, with consequences for investors from yield-hungry pensioners to Goldman Sachs. Electricity generated by US wind farms fell 6 per cent in the first half of the year even as the nation expanded wind generation capacity … Continue reading US #clean_energy suffers from lack of wind
Emera to buy Florida utility Teco Energy for $6.5-billion Halifax power company Emera Inc. has agreed to buy Teco Energy Inc., owner of the electric utility in Tampa, Fla., for $6.5-billion (U.S.) on Friday. Under the terms of the all-cash agreement, Teco Energy shareholders will receive $27.55 per common share, a 48-per-cent premium based on … Continue reading #Emera to buy Florida utility #Teco_Energy for $6.5-billion
The geekiest asset class in the world sings the body electric The past couple of months have not been easy for most Wall Streeters. What can a speculator do when even cash is underperforming cash? “Our banks are firing us,” says one of my friends in that world. “They don’t want our cash, so if … Continue reading The geekiest asset class in the world sings the body electric
Study Says Nuclear Industry Collapse Would Devastate CO2 Reduction Goals Early closure of nuclear power plants, which were shunned by the Obama administration’s Clean Power Plan, would dramatically undermine the plan’s central goal of reducing the country’s carbon footprint, a report from think-tank Third Way concludes. The study, done with help from Massachusetts Institute of … Continue reading Study Says Nuclear Industry Collapse Would Devastate CO2 Reduction Goals
Report: Nuclear retirements could scuttle Clean Power Plan climate goals There are five nuclear plants under construction in the United States right now, and about 104 GW of capacity already online. Those plants will be vital to meeting the Obama administration’s Clean Power Plan goals, a new report finds, despite concern from the industry that … Continue reading Report: Nuclear retirements could scuttle Clean Power Plan climate goals
America needs its nuclear plants. Here’s why We have seldom seen such an obvious public-policy choice as ensuring that America’s existing nuclear energy plants continue to operate. Unfortunately, many nuclear plants are threatened by a variety of conditions that contribute to their risk of premature closure. This is due, in large part, to a perfect … Continue reading America needs its nuclear plants. Here’s why
Russian Nuclear Energy Official Pleads Guilty to Money Laundering A Russian official living in Chevy Chase has pleaded guilty to a federal charge for arranging $2.1 million to influence the awarding of contracts with the Russian state-owned nuclear energy corporation, prosecutors say. Vadim Mikerin, 56, of Chevy Chase, pleaded guilty Monday to conspiracy to commit … Continue reading Russian Nuclear Energy Official Pleads Guilty to #Money_Laundering
MISO transmission plan includes more than 350 projects totaling $2.4B The ISO’s $2.4 billion transmission plan would be the third largest investment since 2003, though it’s still dwarfed by 2011’s $6.9 billion spend. The 352 projects are heavy on local needs and baseline reliability, and the total includes a market efficiency project MISO believes could … Continue reading MISO transmission plan includes more than 350 projects totaling $2.4B
THE PJM TRADEOFF: HIGHER POWER PRICES FOR GREATER GRID RELIABILITY Consumers and businesses will pay more in the future for the electricity they need, but the regional power grid should be more reliable — especially at times of peak demand or during extreme weather. That is the takeaway from a meeting with power plant operators, … Continue reading THE PJM TRADEOFF: HIGHER POWER PRICES FOR GREATER GRID RELIABILITY
Is Texas lagging in an area of energy policy? Find out what the experts say Texas likes to pride itself on a well-functioning electricity market. Residential prices have dipped below the national average. Customer complaints have fallen from previous years. But when it comes to one area in particular — “distributed energy” — some experts … Continue reading Is Texas lagging in an area of energy policy? Find out what the experts say
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