U.S., Europe expand economic sanctions on Russia to hit key energy firms, banks

Jul 17, 2014

U.S., Europe expand economic sanctions on Russia to hit key energy firms, banks

Both the U.S. and European Union imposed new economic sanctions on Russia Wednesday, with President Barack Obama declaring that Russian leaders must see that their actions supporting Ukraine’s rebels “have consequences.” Though the American and European sanctions were coordinated, they nonetheless exposed fissures in ...

Jul 10, 2014

Approaching reactor restarts encourage utilities to sell bonds

The Nuclear Regulation Authority is moving toward the first reactor restart under its new safety requirements since the Fukushima disaster started, giving impetus to bond sales by utilities as borrowing costs plunge. The regulator may submit a safety report on two reactors at Kyushu ...

Obama courts peril in carbon rule

Jun 1, 2014

Obama courts peril in carbon rule

A new pollution rule the Obama administration plans to announce Monday will be a cornerstone of the president’s environmental legacy and arguably the most significant U.S. environmental regulation in decades. But it is not one the White House wanted. As with other issues, the ...

Jun 1, 2014

China, India may hinder U.S. steps on warming

by Mark Drajem

U.S. President Barack Obama is set to take his boldest step to halt the rise of the oceans and stop the warming of the planet. But it won’t be enough unless the rest of the world follows. Trimming carbon emissions from U.S. power plants ...

May 27, 2014

Growing number of Germans opting for 'homemade' electricity

Klaus Meier lists three reasons for generating his own electricity in his family hotel in Germany’s southern city of Freiburg: “cost savings, energy efficiency, climate protection.” Like a growing number of German small businesses, homeowners, schools, hospitals and industrial plants, Meier has opted for ...

May 16, 2014

No electricity-saving targets this summer

The government said Friday it won’t set numerical power-saving targets this summer even though concerns about shortages linger, especially among suppliers in the west and southwest. It is the second consecutive year that the government has refrained from imposing numerical targets to stave off ...

May 4, 2014

Tepco client outflow surged 20% in 2013

Tokyo Electric Power Co. lost around 8,450 large-lot customers in fiscal 2013, up some 20 percent from the year before, according to sources. The contracted electricity supply of those clients totaled 1.2 million kilowatts, equivalent to the output of a large nuclear reactor, the ...

Utilities eye more non-nuclear power output

Mar 26, 2014

Utilities eye more non-nuclear power output

Tokyo Electric Power Co. and three other utilities are contemplating boosting non-nuclear thermal power generation by either building new facilities or expanding existing plants. Tepco is planning a major increase in capacity by building facilities to generate around 6 million kilowatts, equivalent to nearly ...

Energy-starved Pakistan sets sights on coal

Feb 24, 2014

Energy-starved Pakistan sets sights on coal

After years of rolling blackouts that have wreaked havoc on industry and fueled political unrest, energy-starved Pakistan has set its sights on a coal-fired future. Regarded as the dirtiest of all fossil fuels, recent discoveries of untapped coal fields in southern Pakistan have convinced ...

Feb 8, 2014

Silicon Valley power-grid attack 'terrorism': ex-regulator

A former regulator says a 2013 shooting that nearly knocked out the power supply in California’s Silicon Valley was a terrorist attack, possibly testing for a bigger strike, but others cast doubt on the claim. The Federal Bureau of Investigation said Friday it could ...