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Aussie Opposition Propose Fund To Target Emissions
The leader of Australia’s opposition party is proposing the creation of a fund to support greenhouse gas emission reductions at the same rate of the government, but at 10% of the cost.
February 03, 2010
Utilities Welcome Proposed U.K. Regulations
Utilities in the U.K. support Ofgem’s proposed changes, which could include putting a price on carbon.
February 03, 2010
Edison Int’l Plans Renewable Power Push
Edison International is arranging financing to add wind power to its generation arm.
February 03, 2010
Venezuela Usage Drops
Venezuela power consumption fell 2.4% in January from a year earlier.
February 03, 2010
Solar Developer Takes Bids For Portfolio
Final bids on solar developer Axio Power’s portfolio are being submitting to Marathon Capital who is running the sale. The company is also open to being acquired.
February 02, 2010
Commerz Lands Ex-Standard Chartered Syndicator
Benjamin Velazquez, former head of project finance loan syndications for the Americas at Standard Chartered Bank, has joined Commerzbank as director and head of strategic asset finance in North America in New York.
February 02, 2010
E.ON In Talks For Hungarian Utility Sale
German utility E.ON is in discussions with the Hungarian government and state-backed utility MVM Zrt.
February 02, 2010
NRC: Costs Deter New Projects
Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, says the steep price tag for building nuclear reactors is the largest hurdle to developing new plants.
February 02, 2010
FERC Floats More Certainty For Utility Investment
The U.S. Federal Energy Regulatory Commission has proposed that acquisitions of public utilities by holding companies which don’t influence control of the utility should not trigger certain market-based rate requirements and restrictions.
February 02, 2010
Colo. To Introduce Renewables Requirements
Legislation requiring utilities to produce up to 30% of their power from renewables may be introduced to the Colorado Statehouse as early as this week.
February 02, 2010
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