Exelon Corp. and Entergy Corp., the two largest U.S. nuclear power operators, rose to their highest in five months as increasing natural gas prices boost wholesale electricity rates.
Blackstone Group LP, the world’s largest private-equity firm, won approval from state regulators for a $2.2 billion power line that would bring electricity to New York City from Quebec.
Wholesale electricity from Maine to Connecticut gained for the third time in four days as supply dropped amid forecasts for increased demand.
Spot gasoline in the Gulf Coast strengthened to the highest level against futures in six weeks after a power failure shut units at refineries in the Port Arthur, Texas, area.
Total Petrochemicals USA Inc. and Motiva Enterprises LLC were among the companies that reported refinery flaring in Port Arthur, Texas, due to a power failure, according to recorded messages posted on the Southeast Texas Alerting Network.
Northeastern nuclear-power generation declined, snapping the longest string of gains since December, after Entergy Corp. cut output to the 651-megawatt Vermont Yankee 1 reactor.
Entergy Corp. said it will take several weeks to restart a Arkansas reactor unit that was tripped offline after an accident at the facility that killed one person and injured eight.
U.S. nuclear-power production increased as output by three reactors lifted Southeastern generation to the highest seasonal level since 1998. The Northeast climbed to a one-month high.
Ameren Corp., owner of Missouri’s biggest utility, said three people were injured yesterday at its nuclear power plant. It was the second worker accident at a U.S. atomic facility this week.
Entergy Corp. said that one person was killed and three were injured at its Arkansas One nuclear plant as equipment was being moved today on the non-nuclear side of the facility.