Investing in an electric utility is a lot like buying the Electric Company in Monopoly. Neither has huge growth potential, but both offer steady payouts: a reliable source of income during a recession or the beginning of a long game.
Three days after Hurricane Gustav came ashore on the Gulf Coast, nearly 829,000 households were still without electricity, power company officials said Thursday, warning that power may be restored slowly in the hardest-hit areas.
The path of Hurricane Gustav offered New Orleans a reprieve, but 80 miles away where utilities say the devastation was the worst they have ever seen, the storm offered nothing but punishment
Hurricane Gustav may trigger insurance claims as high as $10 billion including damage to oil facilities, according to risk management firms that issued preliminary estimates a day after the storm struck Louisiana
Major electric utility company, American Electric Power, plans to install carbon capture technology on two coal-burning power plants, which will pump the greenhouse-causing gas deep underground, according to a statement from the company.
Uncertainty over nuclear power, impending carbon regulation and the desire for predictability in the global oil market are some of the leading issues in the energy industry today, according to executives at some of the world's big energy companies.
As the U.S. Supreme Court prepares to take up the issue of climate change, some unusual alliances are forming - and corporate America finds itself on both sides of the debate.
Entergy ranks no. 218 on this year's list of the FORTUNE 500, with $10,760.6 million in revenues, up 6.3% from the previous year. The New Orleans-based company was ranked no. 221 on the 2005 list. Its 2005 profits were $923.8 million, down 1% from a year earlier.
Frustrated New Orleans residents appeared before Mayor Ray Nagin Tuesday with complaints about the response to Hurricane Katrina, with two speakers asking why a nation fighting to stabilize Iraq can't resolve a crisis at home.
Investing in an electric utility is a lot like buying the Electric Company in Monopoly. Neither has huge growth potential, but both offer steady payouts: a reliable source of income during a recession or the beginning of a long game.
Three days after Hurricane Gustav came ashore on the Gulf Coast, nearly 829,000 households were still without electricity, power company officials said Thursday, warning that power may be restored slowly in the hardest-hit areas.
The path of Hurricane Gustav offered New Orleans a reprieve, but 80 miles away where utilities say the devastation was the worst they have ever seen, the storm offered nothing but punishment
Hurricane Gustav may trigger insurance claims as high as $10 billion including damage to oil facilities, according to risk management firms that issued preliminary estimates a day after the storm struck Louisiana
Major electric utility company, American Electric Power, plans to install carbon capture technology on two coal-burning power plants, which will pump the greenhouse-causing gas deep underground, according to a statement from the company.
Uncertainty over nuclear power, impending carbon regulation and the desire for predictability in the global oil market are some of the leading issues in the energy industry today, according to executives at some of the world's big energy companies.
As the U.S. Supreme Court prepares to take up the issue of climate change, some unusual alliances are forming - and corporate America finds itself on both sides of the debate.
Entergy ranks no. 218 on this year's list of the FORTUNE 500, with $10,760.6 million in revenues, up 6.3% from the previous year. The New Orleans-based company was ranked no. 221 on the 2005 list. Its 2005 profits were $923.8 million, down 1% from a year earlier.
Frustrated New Orleans residents appeared before Mayor Ray Nagin Tuesday with complaints about the response to Hurricane Katrina, with two speakers asking why a nation fighting to stabilize Iraq can't resolve a crisis at home.
Entergy Corporation announced Friday that its New Orleans subsidiary -- Entergy New Orleans, Inc. -- has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code and said any long-term solution would require federal intervention.
IT TOOK A MONTH FOR THE THREE MILE ISLAND NUCLEAR reactor to cool off in 1979 after it partially melted in America's most famous nuclear accident. The emotional heat was a lot more intense; it took...
On a raw winter afternoon, the training manager at Cooper Nuclear Station, a power plant run by Entergy Corp. on the bleak plains of eastern Nebraska, sits across a conference table from his boss, ...
America's best-known nuclear plant is on the block. A mere $600 million, and Three Mile Island can be yours. But you'd better hurry; a deal's in the works.
Here's a little-known fact about the frothy stock market of the 1980s: While the Standard & Poor's 500 stocks sprinted to an average annual return of 17.4%, their plodding brethren, utilities, did ...
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