The latest in Energy and Power Engineering

2 electric utilities in Maine to merge

2010-03-12T10:45:45Z

<div id="subtitle">Maine's 2nd- and 3rd-largest electric utilities agree to merger</div><div><p>Two of Maine's larger electric utilities would merge under an agreement announced Friday, creating a greater impetus for a north-south power transmission line for wind farms.</p><p>In a deal valued at about $108 million, BHE Holdings Inc., the parent company o...

Shell shuts down two gas plants in Nigeria

2010-03-11T02:16:21Z

<div><p>Shell said Thursday it had closed down two gas plants feeding Nigeria's power stations so that it could carry out repairs on a damaged supply pipeline in the restive oil-producing region.</p><p>"We have closed down Sapele and Oben gas plants for technical reasons. The closure will be temporary as the company is working round-the-clock to restore normal production," Shell's sp...

China Valves signs deal with Dongfang Electric

2010-02-22T09:50:48Z

<div id="subtitle">China Valves signs power generation equipment deal with Dongfang Electric</div><div><p>China Valves Technology will manufacture and install specialty valves for Dongfang Electric's power generation projects, the company said Friday.</p><p>Dongfang Electric produces...

Exelon says it will join Ill.'s FutureGen Alliance

2010-02-22T13:19:40Z

<div id="subtitle">Exelon announces it will be part of FutureGen experimental power plant in Illinois</div><div><p>Exelon Corp. announced Saturday that it plans to join the FutureGen Alliance, an organization developing an experimental clean-coal power plant in eastern Illinois.</p><p>The support fr...

Indonesia cuts capacity of planned geothermal plants

2010-02-22T14:51:37Z

<div><p>JAKARTA (Reuters) - Indonesia has cut the planned capacity of geothermal power plants it will start building this year by 18 percent to 3,900 megawatts (MW), an official at the mines and energy ministry said on Tuesday.</p><p>Indonesia has established two programmes to incr...

GS Engineering to build major tidal power plant

2010-02-22T17:52:59Z

<div><p>South Korean firm GS Engineering and Construction said Wednesday it has won a 3.4-billion-dollar contract to build one of the world's largest tidal power stations.</p><p>Under the deal signed with the state-run Korea Hydro and Nuclear Power Co, GS Engineering will build the power station on the west coast near Gangwha Island, 50 kilometres (30 miles) west of Jim Osten on CNBC (http://www.cnbc.com/id/34621936 ...

Main Benefits of a Magnetic Power Generator - Make Free Electricity

2010-02-22T23:49:49Z

Did you know that you can generate electricity at home for free by making a magnetic power generator?<br><br>Did you also know that by doing this you can greatly reduce or eliminate your electrical utility bill?<br><br>What you might not know is that making one of these generators is easy to do with materials commonly found at your local hardware store. Having your own generator can save you money on your electrical utility bill. They ar...

One industry income investors can count on

2010-02-23T08:39:42Z

<div id="subtitle">Bright future for natural gas-fired power plant stocks</div><div><p>Progress Energy (NYSE: PGN) is an electric utility from North Carolina. With $9 billion in revenue, three million customers, and more than 21,000 megawatts of capacity, Progress Energy is one of the largest electric utilitie...

China introduces law to boost renewable energy

2010-02-23T08:50:36Z

<div><p>BEIJING (Reuters) - A new Chinese law requires power grid operators to buy all the electricity produced by renewable energy generators, in a move that will increase the proportion of energy that comes from renewable sources in coal-dependent China.</p><p>The amendment to the 2006 r...

UAE deal, outlook boost South Korea nuclear power stocks

2010-02-23T09:03:42Z

<div><p>SEOUL (Reuters) - Shares in state utility KEPCO &lt;015760.KS&gt; and other South Korean nuclear power-related stocks jumped on Monday as a $40 billion deal from the United Ara...

Need for power coal threatens Zimbabwe national park

2010-02-23T10:58:25Z

<div><p>Zimbabwe's already dim electricity supply faces a new threat, as the country's main power plant says it needs to dig for new coal reserves under a river inside a national park to keep running.</p><p>Hwange Colliery says it only has enough coal to power its 940 megawatt plant for three more years.</p&...

A-Power to develop biomass plant in Thailand

2010-02-23T12:26:23Z

<div id="subtitle">China's A-Power agrees to develop biomass power plant in Thailand</div><div><p>A-Power Energy Generation Systems Ltd. said Tuesday that it has signed a deal worth $86 million with Thailand's SNC-Lavalin won two contracts worth 170 million dollars to build power stations in Iraqi cities, government spokesman Ali al-Dabbagh said on Tuesday.</p><p>The two contracts are for power stations in the mainly Shiite cities of Hilla and NASA, Google offer more precise way to track greenhouse gases; monitoring key to climate talks</div><div><p>The question is a potential deal-killer: If nations ever agree to slash greenhouse gas emissions, how will the world know if they live up to their pledges?</p><p>The answer is in space, experts s...

NY phasing in energy conservation incentive

2010-02-23T21:59:05Z

<div id="subtitle">NY phasing in new way of figuring energy bills as part of energy conservation push</div><div><p>New York is phasing in a new billing system for electric and gas delivery that guarantees utilities steady revenues even when sales fluctuate and that exposes customers to small surcharges or rebates in their monthly bills.</p><p>It's called revenue decoupling, and it replaces the traditional way of ...

Exelon to close 4 Penn. generating units by 2011

2010-02-23T22:02:16Z

<div id="subtitle">Power generator Exelon to shut 4 Pennsylvania generating units by 2011; eliminated 280 jobs</div><div><p>Exelon will shut four 50-year-old power generating stations near Philadelphia in 2011 that the power generator says are no longer economic t...

NC utility to shut down 11 older coal plants

2010-02-23T22:05:00Z

<div id="subtitle">Progress Energy to close 11 NC coal-burning power plants that lack scrubbers by 2017</div><div><p>Progress Energy Inc. will close 11 coal-burning power plants in North Carolina that don't have scrubbers by 2017, the Raleigh electric utility said.&...

Toshiba, Hitachi win solar power generation contracts

2010-02-23T23:05:50Z

<div><p>Japanese electronics makers Toshiba and Hitachi said Monday they had won contracts to develop large solar power generation projects for Tokyo Electric Power (TEPCO).</p><p>Toshiba said it would install a solar power syst...

Ind. coal-gasification plant cost reaches $2.5B

2010-02-24T00:32:53Z

<div id="subtitle">Duke Energy: Indiana coal-gasification power plant's cost grows to at least $2.5 billion</div><div><p>Duke Energy Corp. says the cost of the coal-gasification power plant it's building in southwestern Indiana has risen another $150 million, boosting the project's estimated price to $2.5 billion — nea...