Govt planning contentious laws to cut power utility debt worth Rs 6 trn

India is planning laws that would boost competition and lower debt at its power distribution companies, but also risks fomenting anger in a country where electricity is often used as an election sweetener. Key proposals include allowing more utilities to operate within the same circles, mandating regulators to set … Read more

Detroit-Area Utility Denies Flooding Claims from 2021 Storm

DETROIT (AP) — A Detroit-area water utility said Tuesday that it will deny flooding claims stemming from a damaging storm last summer based on an independent review that found the flooding was caused by the amount of rainfall and not a defect in its wastewater collection and pumping system. The Great Lakes Water Authority said … Read more

Who pays for climate change? The Peruvian suing a German utility

For several days at the end of May, an unusual collection of scientists, lawyers and judges from Europe could be found in the Peruvian Andes almost 5,000 metres above sea level, watching as a drone flew up to a huge, but shrinking, glacier. The setting was spectacular: the bright blue Lake Palcacocha sparkled in the … Read more

Germany Risks a Cascade of Utility Failures, Economy Chief Says

Breadcrumb Trail Links PMN Business Germany should prepare for deeper cuts in Russian gas supplies because President Vladimir Putin is pursuing a conscious strategy of driving up prices to undermine European unity, Economy Minister Robert Habeck said. Author of the article: Bloomberg News Alexander Kell Publishing date: Jul 02, 2022  •  21 minutes ago  •  2 … Read more

TN power utility to run feasibility study for 2500 MW hydropower projects

Tamil Nadu Generation and Distribution Company (Tangedco) is conducting a feasibility study on three hydropower projects that will generate 2500 MW of power. The Tangedco has asked a private consultant to conduct a study and prepare an initial report to establish 1000 MW capacity Pumped Storage Hydropower Stations each … Read more

Utility shut-offs loom after pandemic freezes expire for US households

The coronavirus pandemic and rising energy prices have left millions of US households in arrears on their electric and gas bills, and some are now about to lose service as moratoria on utility shut-offs expire. More than 20mn households were behind on utility payments worth $23bn at the end of February, nearly double the number … Read more

Utility vehicles’ share in sales expected to rise steadily: Fitch Ratingss

Share of utility vehicles in the overall sales of new cars is expected to be on an upward trajectory amid growing popularity of such vehicles and automakers’ reduced focus on compact hatchbacks owing to rising production costs, Fitch Ratings said on Friday. The increasing share of higher-margin UV (Utility Vehicle) sales will help … Read more

OSHA Fines Florida Utility $500,000 for Power Plant Deaths of Five Workers

A Florida power company has agreed to pay a $500,000 fine for a 2017 explosion that left five workers dead. Tampa Electric Co. has pleaded guilty to violating an Occupational Safety and Health Administration standard, causing death, according to a plea agreement filed Friday in Tampa federal court. It was one of two accidents at … Read more

French utility Engie buys US natural gas as Europe looks beyond Russia

France’s state-backed utility Engie has signed up for natural gas from Texas in the first US contract with a European buyer since Washington pledged to help the continent break its reliance on Russian gas. The 15-year deal with Houston-based NextDecade is a reversal for Engie. The utility suspended earlier talks with the exporter in November … Read more