Fitch Affirms Imperial Irrigation District, CA's Electric System Revs at 'A+'; Outlook Stable

Business & Corporate | NEW YORK (The Associated Press) - May 22
Fitch Ratings has affirmed the 'A+' rating on the following bonds, issued by Imperial Irrigation District, CA (IID, or the district).

De Blasio Calls for Renewable Energy, Trevor Day School Answers with Geothermal

Future & Alternative Generation | (The Associated Press) - May 22
Trevor Day School will be the first educational institution in New York City (as well as the East Coast) to contribute to Mayor de Blasio’s goal through geothermal applications.

Emergency Planning Exemption Requests for Decommissioning Nuclear Power Plants

Policy, Regulatory & Legal | May 22 - Nuclear Regulatory Commission Documents & Publications
The U.S. Nuclear Regulatory Commission (NRC) is issuing Interim Staff Guidance (ISG) NSIR/DPR-ISG-02, "Emergency Planning Exemption Requests for Decommissioning Nuclear Power Plants," May 11, 2015.

Jordan to sign two deals within nuclear power plant project

International | May 22 - Mehr News Agency (Iran)
Jordan and Russias Rosatom will sign two agreements within the next two weeks necessary for the completion of the plan to build the countrys first nuclear power plant, according to Jordan Atomic Energy Commission Chairman Khaled Toukan.

Vestas appoints group SVP for communications, brand and public affairs

International | May 21, 2015 -- MarketLine
Vestas Wind System A/S has appointed Anders Rendtorff as group senior vice president, or SVP, for communications, brand and public affairs, and a member of the executive committee.

MEG Energy Q1 net loss increases

Business & Corporate | May 21, 2015 -- MarketLine
MEG Energy Corp. has reported that net loss for the first quarter ended March 31, 2015 was C$508.31 million, or C$2.27 loss per share, compared to a net loss of C$103.44 million, or C$0.46 loss per share, for the same quarter ended March 31, 2014.

NJR reports lower Q2 net income, provides outlook for fiscal 2015

Business & Corporate | May 21, 2015 -- MarketLine
New Jersey Resources Corporation, or NJR, has reported that net income for the second quarter ended March 31, 2015 was $60.9 million, or $0.71 per diluted share, compared to $172.97 million, or $2.04 per diluted share, for the same quarter ended March 31, 2014.

Ormat signs $98.8 million EPC contract for geothermal project in Chile

International | May 21, 2015 -- MarketLine
Ormat Technologies, Inc. has announced that its wholly owned subsidiary, Orandina I S.p.A., has signed a $98.8 million engineering, procurement and construction, or EPC, contract for a geothermal project in Chile.

Former Duke Energy CEO calls out legislators for green-energy freeze

Policy, Regulatory & Legal | May 21 - McClatchy-Tribune Content Agency, LLC - Bruce Henderson The Charlotte Observer
Former Duke Energy chief executive Jim Rogers called out North Carolina legislators Thursday for moving to freeze the state's green-energy standard with a tart "Shame on us."

Fitch Rates National Rural Utilities Cooperative Finance Corp 'A'; Outlook Stable

Business & Corporate | NEW YORK (The Associated Press) - May 21
Fitch Ratings has assigned initial ratings, including a long-term Issuer Default Rating (IDR) of 'A', to National Rural Utilities Cooperative Finance Corp. (CFC). The Rating Outlook is Stable. A full list of ratings follows at the end of this press release.

New TEP Transmission Line Will Strengthen Service, Help Meet Future Demand

Grid Operations | TUCSON, Ariz. (The Associated Press) - May 21
Tucson Electric Power (TEP) is building a new 500-kilovolt (kV) transmission line in Pinal County to ensure continued service reliability for customers in southern Arizona.

Once reliable, timely renewal of coal tax credit no longer a sure bet for Crow Tribe

Fossil & Biomass | May 21 - McClatchy-Tribune Content Agency, LLC - Tom Lutey Billings Gazette, Mont.
For 10 years, Crow Indians have nervously waited, sometimes into December, as Congress has debated whether to extend the Indian Coal Production Tax Credit in one year increments.

Women leaders in energy share success stories, challenges faced on the way

Business & Corporate | May 21 - McClatchy-Tribune Content Agency, LLC - Rana Husseini Jordan Times, Amman
When Ajloun resident Wijdan Rabadi decided to study electrical engineering in the early 1980s, the decision was met with rejection from her community.

NYSEG seeks rate hikes for gas, electricity

Business & Corporate | May 21 - McClatchy-Tribune Content Agency, LLC - Joe Mahoney The Daily Star, Oneonta, N.Y.
An average NYSEG power bill would go up by roughly $8 per month for electricity, and gas bills would jump about $10 if the company is successful in convincing state regulators it needs a $165 million annual revenue increase, the company disclosed Wednesday.

AGL Energy announces new executive appointments

International | May 21, 2015 -- MarketLine
AGL Energy Limited, which is engaged in buying and selling of gas and electricity, has appointed Brett Redman as CFO leading the finance and technology group and Stephen Mikkelsen as executive general manager for energy market operations.

Receive Energy Central eNews & Updates

Get the news delivered to you!
Subscribe now to receive top headlines and news updates power industry professionals need to know- FREE!

FREE POSTINGS!

Get your event listing in front of more than 100,000 industry professionals by posting on EnergyCentral's Event Center.