Exelon Corp., the largest U.S. nuclear power producer, may begin to see its low-emissions strategy pay off -- four years after it lost a fight for climate legislation it told investors would add $1.1 billion in annual earnings.
The future of President Barack Obama ’s plans to redesign the U.S. energy system with low- emission nuclear plants may hinge on reactors across the Pacific Ocean as Japan’s nuclear disaster renews a debate about the safety of plants.
Progress Energy Inc. Chief Executive Officer Bill Johnson was a ‘terrific communicator’ and not the autocrat Duke Energy Corp. CEO James Rogers described in a hearing on why Johnson was ousted from the combined company’s leadership, former Progress Energy director John Mullin III said.
U.S. plans to upgrade the nation’s aging pipeline networks, which may cost an estimated $50 billion, will provide profit growth opportunities at regulated utilities such as PG&E Corp. and Sempra Energy.
Utilities such as Entergy Corp. face U.S. rules aimed at preventing fish from being sucked into cooling-water systems and costing industry $384 million a year, the Environmental Protection Agency said.