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  • The U.S. Federal Energy Regulatory Commission has approved Google’s request to become an power marketer, which allows the company to buy and sell electricity in bulk like a utility.
  • Lisa Jackson, administrator for the U.S. Environmental Protection Agency, has promised to unveil several rules that will significantly affect power utilities.
  • Grid reliability, regulatory uncertainty and long-term investment are among the top concerns of power industry leaders, according to a survey by Black & Veatch.
  • NRG Energy’s nuclear development affiliate Nuclear Innovation North America, has settled a dispute with CPS Energy over ownership of a proposed $10 billion South Texas nuclear project in Texas.
  • The Tennessee Valley Authority, FirstEnergy and Oglethorpe Power have signed an agreement with Babcock & Wilcox to get a small nuclear reactor approved for commercial use.
  • The power and utilities groups under Bank of Tokyo Mitsubishi-UFJ and Union Bank are allying to jointly market their product and services under BoTM's parent Mitsubishi UFJ Financial Group.
  • Southern Star Central Gas Pipeline’s long operational history, capacity contracts, gas-storage capacity and link to major metropolitan areas, attracted Morgan Stanley Infrastructure Partners Fund to acquire a 40% stake in the project, a banker familiar with the transaction notes.
  • ADAGE, a biomass joint venture between French nuclear giant AREVA and Duke Energy, is finalizing offtake and fuel supply contracts for its $250 million, 55 MW project near Olympia, Wash.
  • Samsung C&T and ENCO Utility Services are partnering to build a 130 MW project pipeline in Tulare and Kings Counties in California.
  • The National Renewable Energy Laboratory said feed-in tariffs can be lawful under the Public Utility Regulatory Policies Act depending on how they are structured.