Entergy Corp.’s $1.78 billion sale of power lines across four states to ITC Holdings Corp. was rejected by Mississippi regulators, threatening to unravel the deal.
The Philippines’ benchmark stock index sank to a three-month low and bonds fell on concern inflation will accelerate after regulators allowed the nation’s biggest power supplier to increase prices by a record. The peso weakened.
TenneT Holding BV, a state-owned Dutch grid company, won a 500 million-euro ($686 million) loan from the European Investment Bank to connect German North Sea wind farms to the mainland network.
An icy storm fueled by the coldest air of the season knocked out power to more than 200,000 customers from Texas to Tennessee, grounded thousands of flights and canceled the Dallas marathon.
A frigid winter storm iced power lines and runways across the U.S. South, grounding flights and knocking out electricity to thousands of customers.
A blast of arctic air has rolled into the central U.S., touching off an ice storm that has grounded hundreds of flights in Texas. Air travel in New York and Newark was also slowed by heavy fog.
A wave of polar air is sweeping into the U.S. with snow and ice, sending energy use soaring and threatening to damage crops and disrupt natural gas production.
Hitachi Ltd. unveiled an energy- storage system that the company said will support wind and solar power and allow users to sell electricity into deregulated markets such as California.
Heavy rain will fall today from Atlanta to Boston while sleet and snow are forecast farther to the west as the heaviest travel for the U.S. Thanksgiving holiday begins.
Electricite de France SA, Europe’s biggest power generator and the owner of French grid operator RTE, said it would consider reducing its stake if required for an “industrial project.”