Jan 18, 2017

Canadian energy firms at bigger risk from cyber, bomb attacks, spy agency says

Canada’s main spy agency last year warned energy companies about an increasing risk of cyber espionage and attacks on pipelines, oil storage and shipment facilities and power transmission towers using homemade explosives, according to a classified document obtained by Reuters. The Canadian Security Intelligence ...

Chinese renewable power giant builds global empire

Jan 8, 2017

Chinese renewable power giant builds global empire

Other investors are wary of Brazil, but when Duke Energy wanted to sell 10 hydroelectric dams there, a Chinese utility shrugged off the country’s economic turmoil and paid $1.2 billion to add them to an energy empire that stretches from Malaysia to Germany to ...

Companies bet on sea change to tidal power in Indonesia

Nov 25, 2016

Companies bet on sea change to tidal power in Indonesia

A well-connected Indonesian marine renewable energy company and OpenHydro, a unit of French state-owned naval defense company DCNS, aim to be the first to plug into the vast untapped tidal energy potential of the world’s biggest archipelago. Renewables have so far played little part ...

Aug 26, 2016

Electricity to be restored on Sakhalin Island after three-day outage

Residents on the Russian island of Sakhalin face restored electricity supplies on Saturday, three days after an outage plunged most of the island into darkness. A power transmission line failed in the early hours on Wednesday, leaving 12 districts without electricity, including the towns ...

Shareholders urge Japan's utilities to end nuclear power generation

Jun 28, 2016

Shareholders urge Japan's utilities to end nuclear power generation

Shareholders urged nine power companies Tuesday to end nuclear power generation, reflecting safety concerns lingering since the 2011 Fukushima disaster. However, the proposals were turned down at the firms’ shareholders meetings. The companies, including Tokyo Electric Power Company Holdings Inc., operator of the crippled ...

May 31, 2016

Germany readying law on nuclear waste storage costs

The German Cabinet plans to approve a draft law on Aug. 3 that will require its utilities to pay billions of euros into a state fund to help cover the cost of nuclear storage, according to an Economy Ministry timetable seen by Reuters on ...