Market analysts suggest Dominion Resources' decision last week to withdraw from the retail electricity business may signal a trend where larger companies yield to financial pressures and exit competitive electricity markets, E&E reports.
Dominion Resources Inc. told the Nuclear Regulatory Commission last week that it had removed all nuclear fuel from the reactor at the shuttered Kewaunee Nuclear Plant, the Green Bay Press-Gazette reports.
The Sierra Club and other environmental groups filed comments against the Dominion Cove liquefied natural gas export terminal and called for a FERC environmental impact statement on the plan, StateImpact Pennsylvania reports.
McLEAN, Va. (AP) — Hoping to capitalize on a boom in natural gas production, a Virginia-based energy company is submitting a 12,000-page application to federal regulators to build a $3.4 billion plant in southern Maryland to export liquefied natural gas.
RICHMOND, Va. (AP) — Dominion Resources Inc. said Monday that it plans to close and decommission its Kewaunee Power Station in Wisconsin after it was unable to find a buyer for the nuclear power plant.
As U.S. energy companies seek government permits to export natural gas to energy-hungry countries, sources tell The Wall Street Journal that the Obama administration is telling Japan and other countries that they will have to wait because of U.S. political sensitivities.
Dominion Resources is suing to challenge a claim by the Sierra Club, which says it has the right to block the company’s plans to export liquefied natural gas from a southern Maryland terminal, The Associated Press reports.
HOUSTON, Texas _ One of the nation’s most influential utility executives excoriated Washington on Thursday for its failure to cut through partisan bickering and create a cohesive national energy strategy, urging President Obama to create a new, highly empowered position inside the White House to take hold of energy policy.
Dominion Resources Chairman and Chief Executive Officer Thomas F. Farrell II said the new position of National Energy Adviser must have the same stature as the national security adviser and chief economic adviser, substantially upgrading the powers, influence and access of the current deputy assistant to the president for energy and climate.
The problems in Ukraine are unlikely to trigger faster action by the Obama administration on natural gas exports, a White House spokesman appeared to indicate Friday, as he noted that supplies in Europe are at higher-than-normal levels because of the mild winter there, according to Reuters.
Public Service Enterprise Group plans to spend $12 billion over five years on capital projects to improve reliability, hoping to increase the earnings of its utility business, The Wall Street Journal reports.
Weather-related rail bottlenecks in Chicago are causing higher prices and lower supplies of ethanol on the East coast, while Midwest plants are cutting production because of a shortage of rail cars, an industry representative told a U.S. Surface Transportation Board panel, Platts reports.
Investors will challenge corporations during the upcoming proxy season to make more environmental commitments, according to nonprofit Ceres, which has compiled a list of resolutions up for votes, E&E reports.
Saying President Obama's proposed "climate resilience fund" will help communities prepare better for severe weather might win it bipartisan support, according to Sen. Brian Schatz, D-Hawaii, National Journal reports.