Utility companies criticizing a proposed new U.S. cap on power-plant pollutants say they aren’t swayed by the Obama administration’s decision to grant two of their requests for more flexibility in complying.
Duke Energy Corp., Southern Co. and other energy companies must abide by federal limits on mercury and additional power-plant pollutants, a U.S. court said, upholding a rule regulators say will save lives and the industry claims was illegally drafted.
One slice of Hurricane Sandy’s $80 billion in economic damages was $3.3 billion just to repair the New York-New Jersey electrical grid -- a casualty that’s inspiring utilities to re-engineer their disaster plans.
Duke Energy Corp., CMS Energy Corp., American Electric Power Co. and other energy companies must face antitrust lawsuits by natural gas buyers alleging they manipulated prices during California’s energy crisis more than a decade ago, a federal appeals court ruled today.
American Electric Power Co. said it will stop using coal to generate power at three plants, as part of a settlement with government regulators and environmental groups, a sign of continuing pressure on coal-heavy utilities.