New York Utilities Oppose Solar Energy Proposal
A group of investor-owned utilities have come out to oppose legislation that would require them increase the amount of solar electricity it sells by 2025.
utilities
May Industrial Production Makes Strong Gains
The nation%u2019s industrial sector remains definitively in recovery mode, with production rising 1.2% in May -- its 10th increase in the last 11 months. Among the highlights of the across-the-board monthly gains: Vehicle manufacturing rose 10% and utilities output jumped 4.8.
More Solar Power to Heat Up New York's Economy?
New York lawmakers are considering legislation to boost the state's solar power generation to 2.5% of overall electricity sales by 2025. This is part of a nationwide renewable energy trend driven by the new jobs and other economic benefits the switch will likely bring.
PPL Strikes a $6.7 Billion Deal for E.ON AG's U.S. Unit
Energy company PPL Corp. has agreed to buy the American gas and electricity unit of German utility company E.ON AG for $6.7 billion.
Nuclear Power Industry Faces Critical Labor Shortage
For decades, the nuclear power industry has had a hard time finding qualified workers. But now, as the industry receives unprecedented levels of government support, it's facing an all-out talent drought. According to data released in 2009 by the trade group Nuclear Energy Institute, "To maintain the current nuclear work force, the industry may need to hire as many as 25,000 more workers in the next five years."
Stocks Start the New Year with a Robust Rally
Stocks rallied on the first trading day of the new year as manufacturing data at both home and abroad bolstered the case for the global economic recovery.
Smart Money Bets on the Smart Grid
The emphasis in alternative energy used to be on new ways to generate power. Now, it's on finding better ways to conserve it and make the power grid more efficient. The so-called smart grid is key to that goal, and fortunes will be spent -- and made -- on making it a reality.
Savings Experiment: How to Save Money on Heat at Night
When winter chills get your teeth chattering, one way to stay warm--and save money on heating bills---is to throw on a pair of wool socks, some sweaters, winter boots and a hat, but who wants to do that while lounging at home? We certainly don't. So we did some digging and came up with effective ways to help you maximize warmth and reduce your monthly expenditures.
