electricity

Caterpillar to Buy Engine Maker MWM for $810 Million

Caterpillar Inc (CAT) agreed to buy German company MWM Holding, a maker of engines that can run on alternative fuels, for 580 million euros ($810 million). MWM engines operate on fuels including diesel, biogas, and industrial waste gas, and can be used to generate electricity, Caterpillar said in a statement. The company is based in Mannheim, Germany.

Google Invests in Offshore Wind Energy Network

Google is taking an investment stake in the construction of a major undersea power network off the mid-Atlantic coast, the company announced Tuesday. The project is designed to deliver enough energy to power 1.9 million households from offshore wind turbines to the Eastern Seaboard.

Save money in every room of your house

As fall creeps in and a chill takes over my house at night, I've been contemplating turning the gas furnace on for the first time. But oh, how I've...

Carlos Slim Open to Energy Investments Outside Mexico

Carlos Slim, ranked by Forbes as the world%u2019s richest man, said he is open to the possibility of investing in new energy projects outside Mexico. Slim, 70, said that he would consider opportunities in the power sector, Reuters reported.

Ex-GM CEO Fritz Henderson to Lead Sunoco Spin-Off

Former General Motors CEO Frederick "Fritz " Henderson has found a new job, but not within the auto industry. Energy giant Sunoco has tapped Henderson to lead SunCoke Energy, a spin-off it is forming early next year, the company said Thursday.

GE-Hitachi Nuclear: A Global Sales Push

Hitachi and General Electric's nuclear power unit will open five new sales offices around the world by the end of this year. Target markets include the U.S., Vietnam, the U.K., Spain and Poland.

Industrial Surveys Show Economic Recovery Slowing

One nation industrial and two regional surveys released this week provided further evidence that the U.S. economic recovery weakened somewhat in the second quarter, as manufacturing growth slowed.

Gadgets That Can Help You Cut Electricity Costs

Companies are rolling out a growing number of energy-monitoring tools intended to help consumers monitor and reduce their energy use and save money. Here's a roundup of some of the niftiest technology and services on the market.

Here Comes a Pedal-Powered Cell Phone Charger

Nokia has jumped on the environmentally friendly bandwagon with its new bicycle charger kit, which it hopes to have on sale by the end of the year. The device will do precisely what you'd expect: allow cyclists to power up their cell phones by pedaling their bicycles.

Savings Experiment: Go Unplugged

In this Savings Experiment, we look at how much electricity we really save when we unplug all our electric appliances from the socket.

Electric slide: Power costs drop

Finally, one for the good news file. Thanks to reduced demand, the cost for power at the wholesale level has gone down, according to this article...

Today is Vampire Power Awareness Day

Playing on the Halloween theme, Best Buy has declared today Vampire Awareness Day to draw attention to "vampire power", the electricity squandered by...