Search results for "MW"



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SolarCity shares plunge as installations miss estimates

Shares of the company, which is backed by Tesla Motors Inc founder Elon Musk, fell nearly 25 percent in after-hours trading.
Source: Reuters
Natural gas likely overtook coal as top U.S. power source in 2015

NEW YORK, Jan 20- Last year looks like it was an unwelcome watershed for the embattled U.S. coal industry. Data from the U.S. Energy Information Administration showed that power plants used more gas than coal to produce electricity in five of the first 10 months of 2015, including the last four months data was available- July, August, September and October.
Source: Reuters | By: December the price of gas had plumbed $1.92 per million
Zambia and Zimbabwe's Kariba dam levels sink to 12 percent as drought scorches

LUSAKA, Jan 19- Water levels in southern Africa's Lake Kariba have dropped to 12 percent of capacity, the authority in charge said on Tuesday, raising concerns about severe power rationing in Zimbabwe and Zambia. The levels were 477.25 meters above sea level on Monday, just two meters above the point their working capacity, the Zambezi River Authority, which...
Source: Reuters
Texas ERCOT power use rises 2.2 pct in 2015 amid record demand

Jan 15- A new peak demand record approaching 70,000 megawatts helped electricity use in Texas jump 2.2 percent in 2015 from the previous year, the Electric Reliability Council of Texas said on Friday. The grid operator, who represents about 90 percent of the state's electric load, said in a statement the system ended 2015 at 347,522,948 megawatt-hours, an...
Source: Reuters