Global warming restrictions and even technology that takes greenhouse gases out of burned coal are probably around the corner, but right now Duke Energy needs $2 billion from ratepayers to build two coal-fired power plants, company CEO John Rogers said Tuesday.
Rogers made a pitch for regulatory approval of the plants to the North Carolina Utilities [...]
Jeff Lydecker depends on driving to maintain a successful business, so he made a smart business decision to keep costs to a minimum.
Although some drivers spent the summer searching for cheap gas, Lydecker bought a 2006 Toyota Prius hybrid, which uses a mix of gas and electric energy. It gets him almost twice the mileage [...]
U.S. states’ plans to reduce greenhouse gas emissions could lead to little change in national carbon output, simply pushing coal-fired power plants and other dirty industries to relocate in states without rules, experts said on Thursday.
California reached a deal Wednesday to cut emissions of gases scientists believe are causing climate change. The plan, which would [...]
Progress Energy, Inc. (PGN) utility Progress Energy Florida asked state regulators Friday to approve an increase in its fuel surcharge to reflect rises in fuel costs and environmental compliance costs.
If the surcharge is approved, residential electric bills would rise by $161.4 million, or about 3.4% per 1,000 kilowatt-hours in 2007, the utility said.
“The same pressures [...]
ABOITIZ Equity Ventures Inc. will participate in the new bidding for the 600-megawatt (MW) Masinloc coal-fired power plant, provided that there are attached supply contracts for at least 50-percent of the plant’s capacity.
AEV executive vice president and chief operating officer Erramon Aboitiz said 50 percent, or at least 300 MW, of the plant’s capacity should [...]
China will soon issue new regulations to put the brakes on increasing investment in the coal-chemicals industry which has been attracting interest amid soaring oil prices, state media has reported.
“Investment in coal-chemicals projects in China has shown signs of overheating — many proposed plants will face great risk in terms of both technical feasibility and [...]
Arch Coal Inc. said Thursday it agreed to invest $25 million in DKRW Advanced Fuels LLC as part of a deal in which it acquired a 25 percent equity interest in the company.
Arch said in a release that in exchange for the equity interest, it also agreed to extend its existing option agreement with DKRW [...]
Prospects are excellent for North Dakota to take advantage of new, commercial coal gasification technology they saw operating in Europe, according to North Dakota Agriculture Commissioner Roger Johnson and Attorney General Wayne Stenehjem after returning from a trip to Europe on a fact finding visit.
“We saw advanced coal gasification plants with a strong track record [...]
A second utility serving Illinois has struck a deal with the Blagojevich administration calling for drastic cuts in mercury emissions from its coal-fired plants.
Houston-based Dynegy agreed Monday to go beyond federal regulations and cut mercury emissions 90 percent by 2015. Federal rules would require a 70 percent reduction by 2018.
Dynegy has also agreed to cut [...]
Market analysts believe the overseas demand for uranium yellowcake could rise to unprecedented levels in the next decade.
Patersons Securities stockbroker David Johnson predicts the growing shortage of fossil fuels and the pollution caused by coal could result in a boom in nuclear energy.
He says the huge Chinese market may become a key customer for Australian [...]
