Connect to share and comment

Federal energy regulator says steps being taken to protect against threats to power grid

WASHINGTON - The top federal energy regulator said Thursday that her agency is taking steps to improve handling of classified national security information, following a report that officials improperly allowed widespread access to a document that outlined specific physical threats to the nation's electric grid. Cheryl LaFleur, acting chairwoman of the Federal Energy Regulatory Commission, told the Senate Energy Committee on Thursday that employees are "wiping and scrubbing all databases" and taking other steps to protect sensitive information.

EU antitrust authority slaps $416 million fine on high voltage power cable cartel

BRUSSELS - The European Union's antitrust authority is imposing a 302 million-euro ($416 million) fine against 11 producers of high voltage power cables for operating a cartel. EU Competition Commissioner Joaquin Almunia said Wednesday the firms "knew very well that what they were doing was illegal" and therefore "acted with great secrecy." The EU says the six European companies, three Japanese and two South Korean producers colluded to allocate customers between themselves from 1999 for about 10 years "on an almost worldwide scale."

EU antitrust authority slaps $416 million fine on high voltage power cable cartel

BRUSSELS - The European Union's antitrust authority is imposing a 302 million-euro ($416 million) fine against 11 producers of high voltage power cables for operating a cartel. EU Competition Commissioner Joaquin Almunia said Wednesday the firms "knew very well that what they were doing was illegal" and therefore "acted with great secrecy." The EU says the six European companies, three Japanese and two South Korean producers colluded to allocate customers between themselves from 1999 for about 10 years "on an almost worldwide scale."

LG to roll out smartwatch in Q2

By Kang Yoon-seung SEOUL, March 19 (Yonhap) -- South Korea's No. 2 tech giant LG Electronics Inc. said Wednesday it plans to release its first smartwatch in the second quarter of this year, jumping into another battle with Samsung Electronics Co. in the wearable market. Jointly developed with U.S. Internet giant Google Inc., the LG G Watch is powered by Android Wear, an operating system optimized for wearable devices, and will be connected to all Android smartphones, the company said.

'Tribo-electric,' the buzzword of the future?

Out at sea, gentle waves provide power for thousands of homes. In cities, dancefloor moves generate electricity for nightclubs. In the countryside, hikers use leg power to recharge their phones. It is an alluring goal of clean, reliable power free from geo-political risks -- and scientists in the United States said Tuesday it lies within reach, thanks to a smart way to harvest energy called tribo-electricity. Researchers at the Georgia Institute of Technology said they had built a simple prototype device that converts stop-start movement into power.

Gov't approves bills to free up Japan's electricity retail market

The government approved on Friday bills that will set the stage for Japan to move ahead with liberalization of the retail electricity market that has largely been dominated by regional monopolies over the past 60 years. The liberalization of the market for households and other small-lot consumers around 2016 is the second part of a three-stage electricity reform the government has decided to carry out after a huge earthquake and tsunami in March 2011 -- which also triggered a nuclear crisis -- exposed the vulnerability of Japan's power system.

Gov't approves bills to free up Japan's electricity retail market

The government approved on Friday bills that will set the stage for Japan to move ahead with liberalization of the retail electricity market that has largely been dominated by regional monopolies over the past 60 years. The liberalization of the market for households and other small-lot consumers around 2016 is the second part of a three-stage electricity reform the government has decided to carry out after a huge earthquake and tsunami in March 2011 -- which also triggered a nuclear crisis -- exposed the vulnerability of Japan's power system.

Austria burdened by Germany's shift to green power

By Vera Eckert ESSEN, Germany (Reuters) - Weather-driven surges of German solar and wind power may lead to higher costs for Austria as its grid is forced to take measures to avoid breaking down, a Austrian energy regulator said, calling for a region-wide solution to excess flows.

Czech, German grids reach accord on renewable wind power flows

PRAGUE (Reuters) - Czech and German grid operators have agreed on a plan to build transformers to guard against excess flows of wind-produced electricity that can knock out transmission systems, the Czech grid operator said on Thursday. The decision to build two so-called phase-shifting transformers in the towns of Hradec and Rohrsdorf by the end of 2016 is a bid to control cross-border electricity flows from renewables generated in northern Germany.

LG curved G-Flex smartphone to hit US by April

LG said Monday that its curved and slightly bendable G-Flex smartphone will hit the US by April in partnership with telecom firms AT&T, Sprint and T-Mobile. The South Korean consumer electronics giant introduced its new flagship smartphone in late October, but it is only available in the company's home country as well as Hong Kong and Singapore.
Syndicate content