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Power blows past $9,000 cap in Texas as heat triggers emergency
Electricity prices briefly surged past a $9,000 a megawatt-hour price cap in Texas as extreme heat sent power demand skyrocketing and forced the state’s grid operator to declare an emergency......»»
Texas Power Grid Operator Declares Level 1 Emergency Amid "Extreme Heat"
Update (1325ET): Electric Reliability Council of Texas (ERCOT) calls for energy conservation while declaring first-level energy emergency. Bloomberg reports that the Level 1 emergency trigg.....»»
IKEA and Sonos team up for SYMFONISK speakers and a lamp
Collaboration between IKEA and Sonos offers style and affordability. Sound isn't as rich and full as on higher priced speakers. Power.....»»
Sonos and IKEA team up for SYMFONISK speakers and a lamp
Collaboration between IKEA and Sonos offers style and affordability. Sound isn't as rich and full as on higher priced speakers. Power.....»»
TC Pipeline sells Ontario natural gas-fired power plant for $2.9B
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
GE Shuts Down California Natural Gas-Fired Power Plant 20 Years Early
GE has filed documents with the California Energy Commission to shut down and demolish a 10-year old gas-fired electricity generating plant. Such plants normally have a life span of around 30 years......»»
Americans are paying more than ever to store deadly nuclear waste
The Maine Yankee nuclear power plant hasn’t produced a single watt of energy in more than two decades, but it cost U.S. taxpayers about $35 million this year......»»
China Offers To Help Venezuela Restore Power As Maduro Accuses Trump, Guaido Of "Sabotage"
China offered on Wednesday to help Venezuela repair its power grid after the country was plunged into its worst blackout on record, now i.....»»
GE profit tops estimates as cost-cutting kicks in
(Reuters) - General Electric Co posted quarterly results that topped expectations on Friday, as earnings from aviation, healthcare and transportation offset weak power and oil-and-gas profits, sending shares sharply higher......»»
How RevoluSun deals with public misconceptions about solar power in Hawaii
According to RevoluSun, some of the biggest misconceptions in the marketplace are related to the cost of solar PV systems, grid capacity and tax credits......»»
Duke Energy fires up S.C. natural gas plant — finally
Duke Energy Carolinas’ $700 million W.S. Lee combined-cycle natural gas plant is finally producing power — about six months behind schedule. Duke (NYSE: DUK) had expected the 750-megawatt plant in South Carolina to start producing power by late 2.....»»
Power sourcing cost for industries in Odisha to rise in future: Study
Industries in Odisha will have to pay higher for sourcing power in Odisha due to the shift in the state's hydro-thermal power mix.Listing the key challenges in the state's power sector, a report by the Asian Development Bank (ADB) f.....»»
Want a newly renovated home in the Marina? It"ll cost $4.5 million
A newly renovated home in San Francisco’s swanky Marina neighborhood could be yours for just under $4.5 million. The 4-bedroom, 3-bathroom property at 3621 Scott Street was recently completed and offers a fresh look open to natural light, with.....»»
Natural Gas Prices Head Higher on Growing Cooling Demand
Total consumption of natural gas averaged around 57.5 Bcf per day, 4% higher on a weekly basis due to rising usage for power generation. The U.S. Energy Department's weekly inventory release showed a larger-than-ex.....»»
NTPC"s 490-Mw Dadri plant synchronised; to increase production from today
NTPC Dadri today synchronised the 490 MW unit, bringing an additional 300 MW to the power grid. The Plant was closed on technical ground on May 25. Besides, due to coal supply shortage the plant could produce only 60 per cent of th.....»»
Durham company starts test operation of no-emissions gas power plant in Texas
Durham-based NET Power has started test firing the combustor for a prototype of its “near-zero emissions†natural gas plant at La Porte, Texas, reaching an important milestone in the new plant design......»»
CSX profit tops Wall St target on cost cuts, pricing power
CSX Corp on Tuesday posted quarterly profit that topped Wall Street's target, as the No. 3 U.S. railroad operator benefited from an ongoing cost-cutting drive and rising prices for carrying freight......»»
T-Mobile Debuts Industry"s Narrowband IoT Service Across US
T-Mobile's (TMUS) Narrowband Internet of Things service offers many benefits like low power usage, long battery life and low device cost. T-Mobile US, Inc. TMUS recentl.....»»
Southern Co. Earnings Hurt by Cost Overruns at Nuclear-Power Plant
Southern said its costs to build the Alvin W. Vogtle Electric Generating Plant had risen again by more than $1 billion and said it would take a charge to its second-quarter earnings to cover the new cost overruns......»»