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The North Carolina Utilities Commission (NCUC) has approved Progress Energy Carolinas’ (PEC) plan to build a 620 MW gas-fueled power plant to replace the coal-fired units at its L.V. Sutton Plant near Wilmington, NC, PEC said. The $600 million project is scheduled to be completed in 2014.

The Senate last Wednesday fought back Republican efforts to replace a controversial provision that would force large banks and financial institutions to spin off their lucrative derivatives business. However the Democratic provision still remains on shaky ground, given the mounting opposition to it from a number of quarters. It may soon be purged from the broad bill overhauling the financial regulatory system (S., 3217).

A bill that would provide incentives for Colorado’s regulated power utilities to replace or repower coal generation plants with natural gas facilities moved closer to enactment last Wednesday after the state Senate approved the House-sponsored legislation.

A bill that would provide incentives for Colorado’s regulated power utilities to replace or repower coal generation plants with natural gas facilities moved closer to enactment Wednesday after the state Senate approved the House-sponsored legislation.

A bill that would provide incentives for Colorado’s regulated power utilities to replace or repower coal generation plants with natural gas facilities moved closer to enactment Wednesday after the state Senate approved the House-sponsored legislation.

There is no green bullet that will allow various alternative energy and efficiency technologies to replace fossil fuels, which are in shorter supply than most people will acknowledge, according to a report from a six-year-old California think tank, the Post Carbon Institute, and a more mature International Forum on Globalization (IFG), founded in the early 1990s in San Francisco. As a result, the world generally has far less time than is currently thought for an energy “transition” period, an official with the institute told NGI Friday.

With most cooling load having eroded in the South and only a smattering of heating demand coming along to replace it, the cash market needed only a gentle nudge from the expiration-day dive of 25.5 cents by October futures Monday to record across the board losses Tuesday. Only one point fell by less than double digits.

The Bureau of Land Management (BLM) is borrowing a page from eBay to test an online platform that could replace the traditional oral auctions for oil and natural gas lease sales.

The Bureau of Land Management (BLM) is borrowing a page from eBay to test an online platform that could replace the traditional oral auctions for oil and natural gas lease sales.