Reliant Energy Closes on Previously Announced Sale of Northeastern Marketing Assets to Hess Corporation

Reliant Energy has completed the previously announced sale of the Northeastern electricity marketing assets of its retail subsidiaries, Reliant Energy Solutions East and Reliant Energy Solutions Northeast, to Hess Corporation. Reliant Energy, Inc. based in Houston, provides electricity and energy services to retail and wholesale customers in the United States. The company provides service to approximately 1.8 million retail electricity customers primarily... Read more..

MDV-Mohr Davidow Ventures Backs Laurus Energy

MDV-Mohr Davidow Ventures, a leading Silicon Valley venture capital firm, announced that it has backed Laurus Energy, the North American leader in Underground Coal Gasification (UCG) project development. Laurus also announced today that top energy executive Rebecca McDonald has joined as CEO. “Given the huge demand for energy in the U.S. and abroad and world’s vast coal reserves, we’ve been searching for companies developing gasification... Read more..

Tenaska Solar and Soltage Invest in Solar Energy Development

Tenaska Solar, LLC announced an equity investment in Soltage, LLC to expand the development and use of solar-generated electricity. Soltage, a privately-held full service renewable energy company, is based in Jersey City, N.J. The company develops, finances, installs, owns and operates solar electricity generating stations which provide electricity to businesses nationwide. Tenaska Solar, based in Omaha, Neb., is a privately-held company owned by... Read more..

ISO New England Projects Adequate Power Supplies to Meet Winter Electricity Demand

New England will have the resources needed to meet demand for electricity in the six-state region this winter, according to ISO New England Inc., the operator of the region’s bulk power system and wholesale electricity markets. ISO New England projections indicate that under normal winter weather conditions of about 7 degrees Fahrenheit (°F), New England’s peak demand for electricity is forecasted to reach 23,030 megawatts (MW), although current... Read more..

Gift of Energy Certificates Available This Holiday Season Through Consumers Energy

Holiday shoppers looking for a practical gift for a relative, neighbor or person in need might consider a Gift of Energy certificate from Consumers Energy. “There’s no gift more helpful than the gift of a warm home,” said Wayne Lynn, executive manager of customer service for Consumers Energy. “Buying a Gift of Energy certificate for someone in need is truly a heart-warming act this time of year. Many service clubs, charitable... Read more..

Consumers Energy Customers Urged to Keep Gas and Electric Meters Free of Snow, Ice

With wintry temperatures, cold and snow blanketing parts of Michigan, Consumers Energy is once again reminding its electric and gas customers to keep safety in mind by following some simple steps to keep their meters clear. One of the best ways customers can help ensure the safety of meter readers as well as the proper operation of natural gas and electric meters is by keeping the meters free of snow and ice buildup. Snow and ice can often hide potentially... Read more..

City of Glendale, CA Contracts with Clean Energy to Build, Operate New CNG Fueling Station

The City of Glendale, California has awarded a 10-year contract to Clean Energy Fuels Corp. to build, operate and maintain a new large-scale public access compressed natural gas (CNG) station to support the City’s CNG vehicle fleets and serve surrounding communities. The planned Clean Energy-owned facility is designed to serve a range of light, medium and heavy-duty vehicles, including public transit buses, municipal vehicles, refuse hauling trucks,... Read more..

Zeus Development Corporation Announces “LNG Information Gathering Conference”

Zeus Development Corporation announces its organization of the “LNG Information Conference,” hosted by the State of Israel, to be held December 9, 2008 in Houston, TX, U.S.A. The State of Israel intends to alert the world energy industry of their growing market and learn from leadership within industry of opportunities for LNG supply. The State of Israel, at this conference, hopes to achieve the following: – Provide context for... Read more..

Sonelgaz Signs $1 Billion in Service Agreements with GE Energy, Targeting Improved Efficiency, Output for Algerian Power Plants

Taking another important step toward meeting Algeria’s growing energy needs, state-owned power company Sonelgaz has signed service agreements with GE Energy worth more than US $1 billion. The service agreements will help to improve efficiency, output and reliability of 51 gas turbines installed in 13 power plants across the country. The agreements include: * An 18-year contractual service agreement (CSA) for the Koudiet Eddraouch power plant... Read more..

Biofuels Power Agrees to Purchase Decommissioned H.O. Clarke Electric Generating Station in Central Houston

Biofuels Power Corporation announced that it has agreed to purchase the site, infrastructure and equipment of the decommissioned H.O. Clarke Electric Generating Station in central Houston. The purchase includes 79 acres of land at the intersection of Main St. and Hiram Clarke Road, together with all infrastructure, equipment, buildings and other improvements. The terms of the transaction are undisclosed pending the closing which is anticipated before... Read more..