Electricity

Utilities’ outlook stable despite looming EPA regulation

Source: 
Platts

The outlook for U.S. utilities next year remains stable despite uncertainty created by the Environmental Protection Agency’s intention to limit carbon emissions from power plants, according to an analysis from Moody’s, Platts reports.

Regulators OK more power projects for Minnesota

Source: 
Platts

Three projects -- totaling more than 600 megawatts of solar and gas generation -- won approval from members of the Minnesota Public Utilities Commission Monday, who said they preferred to “err on the high side” when it comes to capacity, Platts reports.

Electricity bills soaring in New England

Source: 
The New York Times

New England, which has the highest electricity prices in the Lower 48 states, is seeing them spike again as winter sets in, The New York Times reports.

Several US government buildings lose power

WASHINGTON (AP) — It's been lights out for several government buildings in Washington. Authorities were blaming a blown transformer and a construction mishap for the problem.

The State Department says a power line serving its headquarters was severed in a construction accident Monday morning. Emergency generators allowed some staff to keep working, but others were sent to work from different offices or home.

Private equity firms funding natgas plants

Source: 
Bloomberg

Private equity investors are taking advantage of the growing gas supplies in the Marcellus Shale to build new natural gas-fired power plants in the mid-Atlantic region, Bloomberg reports.

Texas power consumption, wind generation increase: ERCOT

Source: 
Platts

Texas used more power last month – 24.65 million megawatt-hours -- than in the year-ago period, and wind generation in November reached levels not seen since April 2013, according to information from the Electric Reliability Council of Texas, Platts reports.

Wild storm soaks California, thousands lose power

SAN FRANCISCO (AP) — A powerful storm churned through Northern California Thursday, knocking out power to tens of thousands and delaying commuters while soaking the region with much-needed rain.

In Santa Cruz, about an hour south of San Francisco, an elementary school student was trapped for about 15 minutes when an 80 foot tree fell on him, pinning his arm and shoulder until rescuers with chain saws cut it apart. He was taken to a hospital in good condition but likely a fractured arm, officials said.

Duke buy of municipal power assets gets FERC OK

Source: 
Charlotte Business Journal

The proposed $1.2 billion purchase of municipal power assets in North Carolina by Duke Energy Progress has won approval from the Federal Energy Regulatory Commission, the Charlotte Business Journal reports.

Utility in Michigan blames rate hike request on EPA rules

Source: 
Platts

In requesting a $163 million a year increase in its electricity rates, Consumers Energy told the Michigan Public Service Commission that it needs the extra money to upgrade its coal-fired plants to comply with regulations – including the new rule regarding mercury -- imposed by the Environmental Protection Agency, Platts reports.

ISO-New England: Region has enough stockpiles for winter

Source: 
Platts

Numbers from its Winter Reliability program tell ISO-New England that sufficient resources are in place to keep the power on through the cold season, Platts reports, adding that a spokeswoman says the program is also encouraging more operators to give their generators dual-fuel capacity.

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