Algonquin Power & Utilities Corp. Announces 2010 Fourth Quarter and Year End Financial Results

Algonquin Power & Utilities Corp. today announced financial results for the fourth quarter and year ended December 31, 2010. On October 27, 2009, Algonquin Power Income Fund became a wholly owned subsidiary of Algonquin Power & Utilities Corp. (collectively “APUC”), maintaining the same operations and business activities, but under... 

Homeowners Need Incentives for Energy Improvements

If a recent national poll is any indication, home energy improvements stand to take a big hit in the coming year. The survey released last week by the Shelton Group, indicates federal energy saving incentives and rebates were the primary motivating factor behind Americans decisions to make energy efficiency changes to their homes. This news comes just... 

U.S. Leads Ranking of Top 25 Countries for Global Biofuels Production Capacity

The U.S. concluded 2010 as the top renewable ethanol producing country, according to the Global Biofuels Outlook to 2020, recently released from Hart Energy Consulting’s Global Biofuels Center (GBC). With more than 51 billion liters (13.47 billion gallons) of ethanol production capacity in operation, the U.S. is by far the leader, with South America’s... 

PJM Moves Toward Pay-for-Performance Pricing

Beacon Power Corporation a leading provider of fast-response energy storage systems and services to support a more stable, reliable and efficient electricity grid, announced that the PJM Interconnection recently began the formal process to implement pay-for-performance regulation pricing in its geographic area, the largest electricity market in the... 

Alpha Natural Resources and Massey Energy Agree to $8.5 Billion Combination

Alpha Natural Resources, Inc. and Massey Energy Company announced today that they signed a definitive agreement under which Alpha will acquire all outstanding shares of Massey common stock, subject to customary closing conditions including stockholder approval of both companies. Under the terms of the agreement, Massey stockholders will receive, at... 

Tendril Teams with Whirlpool Corporation to Usher in New Era of Smart Appliances

Tendril, a leading energy platform company, and Whirlpool Corporation , the world’s leading appliance maker, unveiled a relationship that sets the stage for the rollout of smart home appliances in the U.S. The Tendril platform has the capability to support millions of smart appliances in homes across America. Tendril will provide the back-end... 

Renae Conley Assumes Leadership Responsibilities for Human Resources

Entergy Corporation today announced that effective immediately Renae Conley is formally assuming the responsibilities of executive vice president, human resources and administration, completing a management transition first announced last summer by Chairman and Chief Executive Officer J. Wayne Leonard. Conley, who was named executive vice president-designate,... 

Rising Costs Threaten Utility Sector’s Large Dividends

To combat rising costs, companies in the Electric Utilities Sector have been looking to mergers and acquisitions to keep profits steady and maintain their healthy dividends. Stricter environmental regulations require that any new power plants built that are large enough to produce 75,000 tons of carbon dioxide a year must use the best available control... 

Teams Prepare for Round Two in the 2010-2011 Clean Energy Prize Competition

Ideas for new green-energy businesses ranging from a credit card bonus points program to fund renewable energy projects to a speed bump that generates electricity for roadside electronics will go head to head Jan. 21 in Round-2 competition for the 2010-2011 Clean Energy Prize. The competition, presented by DTE Energy and the University of Michigan... 

Cape Wind Completes Permitting Process

Cape Wind completed its Federal permitting process today with the receipt of a final permit from the Environmental Protection Agency (EPA), continuing the project’s forward progress to creating jobs and increasing energy independence from the 468 megawatt offshore wind farm. EPA’s approval came 24 hours after the U.S. Army Corps of Engineers issued...