Latest Utilities News
Companies reach $1.18 billion deal to resolve claims from 'forever chemicals' water contamination
TRAVERSE CITY, Mich. (AP) — Three chemical companies said Friday they had reached a $1.18 billion deal to resolve complaints of polluting many U.S. drinking water systems with potentially harmful compounds known as PFAS. DuPont de Nemours Inc., The Chemours Co. and Corteva Inc....
Korea Electric Power: Q1 Earnings Snapshot
NAJU-SI, Korea, Republic Of (AP) — NAJU-SI, Korea, Republic Of (AP) — Korea Electric Power Corp. (KEP) on Thursday reported a loss of $3.88 billion in its first quarter. On a per-share basis, the Naju-Si, Korea, Republic Of-based company said it had a loss of $3.02. ...
Facing sweltering summers, California's Newsom floats plan for state to buy energy
SACRAMENTO, Calif. (AP) — For most of the year, California's quest to rid itself of fossil fuels seems on track: Electric cars populate highways while energy from wind, solar and water provides much of the power for homes and businesses. Then it gets hot, and everyone in the...
Editorial Roundup: Indiana
Fort Wayne Journal Gazette. May 27, 2023. Editorial: GOP lawmakers transfer $212 million in utility’s costs to ratepayers This year, lawmakers tried to focus everyone’s attention on such urgent matters as the dangers of any noun preceded by the letters “LGBTQ”...
Minister: Chevron 'positive' about Israeli-Cypriot plans for natural gas pipeline, processing plant
NICOSIA, Cyprus (AP) — Oil and gas company Chevron is “positive” about an Israeli-Cypriot plan for a pipeline that would convey offshore natural gas from both countries to Cyprus where it would be liquefied for export by ship to Europe and elsewhere, an official said Friday. ...
Timeline: How Georgia and South Carolina nuclear reactors ran so far off course
WAYNESBORO, Ga. (AP) — The first of two nuclear reactors in Georgia is generating electricity and could be days away from achieving full-power operation. But the new units at Georgia Power Co.'s Plant Vogtle are $17 billion over budget and running seven years late. Customers of...
Ratepayer advocates, business interests want Youngkin, lawmakers to act on key regulatory vacancies
RICHMOND, Va. (AP) — A coalition that includes influential business and advocacy groups wrote this week to Virginia lawmakers and Gov. Glenn Youngkin, asking them to take action to fill two long-running vacancies on the state's powerful regulatory panel that oversees interests ranging from...
Minister: 2 major gas companies keen on Israel-Cyprus plan for pipeline, gas processing facility
NICOSIA, Cyprus (AP) — Two major international oil and gas companies have so far expressed interest in Israeli-Cypriot plans to build a pipeline that would convey offshore natural gas from both countries to Cyprus where it would be liquefied for export by ship, a Cypriot official said Tuesday. ...
Long popular in Asia, floating solar catches on in US
When Joe Seaman-Graves, the city planner for the working class town of Cohoes, New York, Googled the term “floating solar,” he didn’t even know it was a thing. What he did know is that his tiny town needed an affordable way to get electricity and had no extra land. But looking...
American States Water: Q1 Earnings Snapshot
SAN DIMAS, Calif. (AP) — SAN DIMAS, Calif. (AP) — American States Water Co. (AWR) on Wednesday reported first-quarter profit of $34.4 million. On a per-share basis, the San Dimas, California-based company said it had net income of 93 cents. Earnings, adjusted for non-recurring...
