International Business News - PGN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Jackie Young was always good at math and science, but when she started college she never figured she'd end up pursuing a career in nuclear energy. Then professors at the University of Tennessee's nuclear engineering department briefed her and other undeclared freshmen about what they call a "nuclear renaissance" as the nation prepares to build dozens of new plants in coming years to meet burgeoning energy needs and wean the country off oil. http://www.ibtimes.com/articles/20081006/nuclear-renewal-spurs-demand-for-engineers.htm Mon, 06 Oct 2008 10:43:39 EDT Hurricanes Gustav, Ike and the biggest credit storm since the Great Depression have created a very rocky summer for some of the nation's largest utilities and power generators. http://www.ibtimes.com/data/articleimgs/143268-utilities-cleaning-up.jpg http://www.ibtimes.com/articles/20081001/hurricanes-and-economic-storm-snare-utilities.htm http://www.ibtimes.com/articles/20081001/hurricanes-and-economic-storm-snare-utilities.htm Wed, 01 Oct 2008 16:10:52 EDT Utility Progress Energy Inc. spent $430,000 in the second quarter to lobby on legislation covering greenhouse gas emissions and other issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20080926/progress-energy-spent-430-000-lobbying-in-2q.htm Fri, 26 Sep 2008 13:53:25 EDT Duke Energy Corp. and French nuclear engineering giant Areva SA said Wednesday they have formed a joint venture to develop U.S. power plants that will use wood waste to produce electricity. http://www.ibtimes.com/articles/20080924/duke-energy-areva-to-develop-biomass-power-plants.htm Wed, 24 Sep 2008 17:49:01 EDT Interconnection agreements and rate changes designed to increase electricity generated from solar, wind, biomass and other renewable sources were approved Thursday by the Florida Public Service Commission. http://www.ibtimes.com/articles/20080904/fla-regulators-ok-renewable-energy-deals.htm Thu, 04 Sep 2008 13:36:17 EDT Utility Progress Energy Florida said Thursday it will eliminate about 300 jobs by year end as a weakening economy in Florida has cut demand for new connections. http://www.ibtimes.com/articles/20080828/progress-energy-florida-to-eliminate-300-jobs.htm Thu, 28 Aug 2008 16:55:13 EDT Talking about renewable energy is nothing new in the Sunshine State, but the push for cleaner energy could soon become a legal mandate. For the first time, Florida is about to require that part of the state's power come from renewable sources. The state has been promoting that idea with grants and tax exemptions for several years, but renewable power makes up less than 3 percent of the total in Florida. http://www.ibtimes.com/articles/20080808/florida-to-mandate-greater-use-of-renewable-energy.htm Fri, 08 Aug 2008 12:08:53 EDT Among the earnings stories for Thursday, Aug. 7, from AP Financial News: HOUSTON (AP)--Dril-Quip Inc., an oil and gas equipment and services company, said Thursday its second-quarter profit rose 15 percent on higher demand for its offshore drilling and production equipment. http://www.ibtimes.com/articles/20080807/earnings-roundup-dril-quip-progress-energy.htm Thu, 07 Aug 2008 15:22:54 EDT Among the earnings projection stories for Thursday, Aug. 7, from AP Financial News: HOUSTON (AP)--Dril-Quip Inc., an oil and gas equipment and services company, on Thursday issued lackluster guidance for the third quarter. http://www.ibtimes.com/articles/20080807/outlook-roundup-dril-quip-progress-energy.htm Thu, 07 Aug 2008 14:18:59 EDT Power company Progress Energy Inc. on Thursday backed its 2008 profit guidance after posting second-quarter results that beat Wall Street predictions. http://www.ibtimes.com/articles/20080807/progress-energy-backs-2008-profit-prediction.htm Thu, 07 Aug 2008 10:28:22 EDT Power company Progress Energy Inc. said Thursday it swung to a second-quarter profit on easy comparisons to a quarter weighed down by hefty one-time charges. http://www.ibtimes.com/articles/20080807/progress-energy-swings-to-2q-profit.htm Thu, 07 Aug 2008 10:26:40 EDT Central Florida's largest power provider, Progress Energy Inc., won approval Tuesday from a state regulatory agency to build two new nuclear power plants. http://www.ibtimes.com/articles/20080715/utility-wins-ok-to-build-2-new-fla-nuclear-plants.htm Tue, 15 Jul 2008 17:05:45 EDT Shares of utility and power generation companies traded modestly higher Wednesday, while the broader market was mixed after government report on factory orders, which helps give a picture of how higher energy prices are affecting customer demand, showed a modest 0.6 percent gain in May, in line with expectations. http://www.ibtimes.com/articles/20080702/opening-glance-utility-companies-open-higher.htm Wed, 02 Jul 2008 10:51:06 EDT Customers of Florida's two largest electric companies will see an increase in their monthly utility bills as the result of the rising price of fuel. Florida Power & Light and Progress Energy on Tuesday went before the state's Public Service Commission to seek a rate adjustment. The companies say they're paying more for oil and coal to generate electricity. http://www.ibtimes.com/articles/20080701/fla-consumers-to-see-higher-utility-bills.htm Tue, 01 Jul 2008 16:55:19 EDT Teco Energy Inc. led Standard & Poor's 500 Index utility stocks higher in the second quarter, as investors flocked to the stock as coal prices soared. http://www.ibtimes.com/articles/20080630/teco-energy-leads-utility-gains-in-2q.htm Mon, 30 Jun 2008 13:22:39 EDT Progress Energy Inc. said Thursday its chief financial officer will retire and be replaced by the power producer's senior vice president for finance. Peter Scott plans to retire toward the end of the third quarter. Mark Mulhern will succeed him. http://www.ibtimes.com/articles/20080626/progress-energy-cfo-peter-scott-to-retire.htm Thu, 26 Jun 2008 09:29:06 EDT Utility owner Progress Energy spent $450,000 in the first quarter to lobby on energy and environmental issues, according to a recent disclosure form. The Raleigh, N.C.-based company lobbied on issues related to climate change, energy efficiency, nuclear waste storage, and competition in the rail industry, according to an April 7 filing with the House clerk's office. http://www.ibtimes.com/articles/20080623/progress-energy-spent-450-000-lobbying-in-1q.htm Mon, 23 Jun 2008 10:49:54 EDT The Supreme Court on Monday rejected, without comment, an appeal by Progress Energy Inc. in a labor law dispute. At issue is whether companies and employees can settle Family and Medical Leave Act disputes without court oversight. The law provides workers the right to take 12 weeks of unpaid leave for health reasons or to care for a child or sick family member. http://www.ibtimes.com/articles/20080616/supreme-court-turns-down-progress-energy-appeal.htm Mon, 16 Jun 2008 11:09:59 EDT Progress Energy Corp. asked for permission Friday to increase residential electricity rates in North Carolina by an average of 16.2 percent, largely to recoup rising fuel expenses. http://www.ibtimes.com/articles/20080606/progress-energy-seeking-large-rate-increase-in-nc.htm Fri, 06 Jun 2008 16:13:22 EDT Like everyone else, Florida utilities are having to deal with higher fuel costs. St. Petersburg-based Progress Energy Florida expects to ask state regulators on Friday to be allowed to increase power bills to make up for rising costs for oil and coal. The state's second largest electric company is also paying more for electricity it buys from other utilities. http://www.ibtimes.com/articles/20080529/fla-progress-seeks-to-pass-on-higher-fuel-costs.htm Thu, 29 May 2008 15:16:22 EDT