The New England Power Generators Association is highlighting a study that warns building transmission lines to bring Canadian hydropower across the border could add $777 million a year to regional wholesale power costs, Platts reports.
LOS ANGELES (AP) — A record-breaking storm slammed parched Southern California on Tuesday, cutting off power to thousands, jamming traffic during the morning commute and stranding some people in surging waterways.
Downtown Los Angeles saw a staggering 2.38 inches, breaking a record for rainfall for the date and marking the second-wettest 24-hour period on record for September, National Weather Service meteorologist Robbie Munroe said.
The Pedernales Electric Cooperative says buying more power on the Electric Reliability Council of Texas wholesale markets may make more financial sense given the present level of prices, Platts reports.
YEREVAN, Armenia (AP) — Several thousand demonstrators are rallying in the Armenian capital of Yerevan, reigniting a summer protest against electricity price hikes that marked the ex-Soviet nation's most serious unrest in years.
After a weeklong standoff in June between police and demonstrators who blocked a central avenue in Yerevan, Armenian President Serzh Sargsyan suspended the rate increase and the protests fizzled.
RALEIGH, N.C. (AP) — Duke Energy and the Obama Administration are settling a 15-year-old lawsuit over claims that the largest U.S. electric company violated federal clean air laws by modifying coal-fired power generators without required air pollution control equipment, company and administration officials said Thursday.
The Charlotte-based energy company would pay a civil penalty of $975,000, shut down one coal-burning unit not previously included in the lawsuit and spend $4.4 million on environmental mitigation projects, under the proposed settlement with the U.S. Environmental Protection Agency and the Justice Department.
WASHINGTON (AP) — Vice President Joe Biden is touting a new $375 million deal between the U.S. and Benin to invest in the African country's electric power sector.
Biden was joined by Benin President Thomas Boni Yayi at the White House Wednesday as officials signed the five-year Millennium Challenge Corporation Compact. The deal will help fund electricity distribution, off-grid access, oversight and policy reform.
A group of utilities and other stakeholders are pressing the Federal Energy Regulatory Commission to weigh in on their efforts to create a sub-hourly electricity market for the Northwest, Platts reports.
The stocks of U.S. petroleum products increased last week, the Energy Information Administration reported, although the million barrel rise in crude stocks was less than analysts’ expected, while the jump in gasoline stocks exceeded predictions, according to Reuters.
Earthjustice filed court papers Tuesday on behalf of several environmental and health groups seeking to intervene to defend the Environmental Protection Agency’s lower ozone limits from a lawsuit brought by coal company Murray Energy, The Hill reports.
State Department climate envoy Todd Stern told a news conference that he’s thinking about the upside, not the downside, heading into a critical global conference on climate change policy that starts Monday, National Journal reports.
The plan for coal producer Walter Energy to emerge from bankruptcy is being fought by unions and the firm’s retired workers in Alabama, but a court Tuesday approved the company’s move to auction off assets, Reuters reports.
Acting to lower its credit rating for Pemex, Moody’s Investors Service pointed to the firm’s increasing debt and declining earnings, although Mexico’s national oil company responded by saying the move brings the agency in line with other ratings firms, The Wall Street Journal reports.
The White House and the billionaire conservative Koch brothers have been allies recently in moves to liberalize the nation’s criminal justice laws, but they are disagreeing over one measure that would require proof of suspects knowingly engaging in unlawful conduct, The New York Times reports, noting that such a move is alarming environmentalists.
According to a report released this week by the U.N. Office for Disaster Risk Reduction, weather-related disasters have caused more than 600,000 deaths and trillions of dollars in damages over the past 20 years, The New York Times reports.
A market-based approach for cutting vehicles’ greenhouse gas emissions—which could include mileage-based driver fees or emissions trading—is the goal as Connecticut, Delaware, New York, Rhode Island, Vermont, and the District of Columbia announced an agreement to work together on the issue, Reuters reports.