The Federal Aviation Administration has approved a drone permit for Sempra utility San Diego Gas and Electric, which the company claims will make it the first utility to win permission to use the technology, FuelFix reports.
The company that operates the United Kingdom's grid projected climate regulations due in 2016 will result in the shutdown of most of the country's coal plants, leaving just three in use by 2023, Bloomberg reports.
Six mostly gas-fueled power plants in Alabama, Louisiana, Oklahoma, Florida and South Carolina are changing hands, with a subsidiary of LS Power Equity Partners buying them from Calpine for $1.6 billion, according to a Securities and Exchange Commission filing, FuelFix reports.
SAN DIEGO (AP) — Federal regulators say they've reached a $3.25 million settlement with an Arizona utility over a 2011 blackout that left millions of people without power in California, Arizona and Mexico.
The settlement approved Monday between the Federal Energy Regulatory Commission and Arizona Public Service Co. is expected to be the first of several stemming from the blackout that involved a half-dozen utilities and grid operators.
The settlement requires APS to pay $2 million to the federal government and $1.25 million for improvements to the electrical grid.
A pair of Kentucky officials said proposed EPA limits on carbon emissions at power plants likely won't force any coal-fired plant retirements beyond those already announced, as planned retirements will achieve most of the proposed 30 percent emissions reduction, Platts reports.
China's official Energy News said the State Grid Corporation has started production on a $100 billion ultra-high voltage power line system as the nation looks to boost its energy infrastructure, Reuters reports.
Energy Future Holdings paid out $25.5 million to senior management, including CEO John Young and others in the company’s top echelon, in the year before it filed for bankruptcy protection, according to court filings, FuelFix reports.
Oil prices appeared holding steady early Monday, as the talks over Iran’s nuclear program appeared headed for a break to be resumed next month and ahead of an OPEC meeting that will make key decisions on crude production. U.S. benchmark crude was 15 cents higher at $76.66 a barrel in electronic trading on the Nymex, while in London Brent edged up 4 cents to $80.40, Reuters reports.
In the Republican’s nationally broadcast address over the weekend, Rep. Bill Cassidy, R-La. -- who is seeking to unseat Sen. Mary Landrieu, D-La. in a December runoff election -- called on President Barack Obama to approve the Keystone XL pipeline, saying the case for the long-delayed project is “clear and obvious,” The Hill reports.
With Sen. Lisa Murkowski, R-Alaska, taking over as head of the Energy and Natural Resources Committee in the new Republican-controlled Senate, the issue of drilling in the Arctic National Wildlife Refuge is likely to be revisited, The Hill reports.
George Banks of the R Street Institute, former committee staffer for Sen. James Inhofe, R-Okla., predicts that the new Republican-controlled Congress will lift the ban on crude oil exports and push through approval of the Keystone XL pipeline, but that there won’t be a significant upsurge in bipartisanship on Capitol Hill – assessments Alison Cassady of the Center for American progress doesn’t share, The Wall Street Journal reports.
The U.S. power supply ought to be able to withstand another polar vortex should the frigid temperatures descend again this winter, although margins are shrinking and changes may be needed to the way the availability of resources is calculated, according to an assessment from the North American Electric Reliability Corporation, Platts reports.
In a year when initial public offerings for master limited partnerships raised a record $6.8 billion, analysts are warning that investments in pipeline and midstream MLPs no longer appear to offer their traditional low-risk, high-yield benefits with the same degree of consistency, The Wall Street Journal reports.
With the cost of solar and wind power dropping dramatically in recent years, the renewable energy sources are becoming more directly competitive with electricity from gas and coal-fired plants, The New York Times reports.
State legislatures have so far rejected attempts to overturn renewable energy mandates -– although Ohio this year did freeze its green energy targets -– but the Koch-founded Americans for Prosperity is continuing to pour money into the fight against them, National Journal reports.
The shale boom that has brought wealth and jobs to North Dakota is starting to be questioned by some residents concerned about health, safety and pollution costs as well as financial exploitation by major companies making moves that are backed by state regulators, The New York Times reports.