Oncor Electric Delivery Co., Texas’ largest power utility, may not be able to take full advantage of the nation’s fastest-growing electricity market because of capital constraints lingering from its parent’s 2007 leveraged buyout.
Chancellor Angela Merkel must ditch coal in favor of cleaner gas power plants to protect the climate, said the co-leader of Germany’s Greens party, urging a redoubling of efforts to raise carbon prices in the world’s biggest cap-and-trade program.
ABB Ltd., which last week announced the surprise departure of Chief Executive Officer Joe Hogan, said Prith Banerjee, board member and head of technology, is quitting to return to the U.S. after one year in the post.
Brazil, the second-biggest producer of hydroelectricity, is seeking to increase the use of fossil fuels after the worst drought in 50 years depleted reservoirs, underscoring a limit to renewable energy.
Advanced cyber attack tools have become readily available for use by foreign governments and terrorists to infiltrate or cripple U.S. computer networks, two federal law enforcement officials told a congressional panel.