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 technology, which is expected to add significantly to operational costs. Mergers and acquisitions... Read more..
Babcock & Brown, a leader in wind energy development, operation and maintenance, today announced the closing of financing and commencement of construction of its 79.5 megawatt (MW) Majestic Wind Farm near Panhandle, Texas, northeast of Amarillo. The project is expected to finish construction and reach full commercial operation before the end of 2008. Babcock & Brown was a leading supporter of designation of the Central Panhandle Region as... Read more..
Ventyx®, the world’s largest private software and services provider to the energy and utility industry, today released Electric Power Horizons, a scenario-based analysis of plausible energy futures to the year 2032. The detailed study investigates renewable generation, third-generation nuclear energy, natural gas supply and greenhouse gas (GHG) regulations and analyzes their predicted effects on America’s future energy security. The scenarios... Read more..