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Stock Market & Financial Investment News

News Breaks
February 15, 2013
14:37 EDTDDominion Voltage awarded U.S. patent for conservation voltage reduction
Dominion Voltage, a Dominion (D) company, has been awarded a patent for its EDGE technology that enables electric utilities to plan, manage and validate voltage conservation for grid optimization. The title of the patent from the U.S. Patent and Trademark Office is "Voltage Conservation Using Advanced Metering Infrastructure (AMI) and Substation Centralized Voltage Control." The company says EDGE can result in reducing the customer's electric bill by 3%-5% with no change in the customer's behavior, compared with savings of 1%-1.5% through traditional voltage conservation programs.
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April 9, 2014
13:38 EDTDHouse panel backs bill to expedite gas exports, The Hill says
A House subcommittee today approved a bill that would seek to expedite natural gas exports to U.S. allies, according to The Hill. Companies that are looking to export natural gas from the U.S. include Cheniere Energy (LNG), Sempra (SRE), Dominion (D), BG Group (BRGYY), and Southern Union, which is jointly owned by Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP). Reference Link
April 8, 2014
06:41 EDTDU.S. can do little to get gas to Europe in short-term, NY Times says
Although U.S. politicians are talking about exporting gas to Europe to reduce the continent's dependency on Russia, America can export little gas to Europe in the short-term, according to The New York Times. Moreover, a facility being built by Cheniere Energy (LNG) is the only plant that has received all of the regulatory approvals necessary to export natural gas, and in 2017 it will only be able to handle one-sixth of the total amount of gas exported by Russia to Europe, the newspaper added. Companies that are looking to export natural gas from the U.S. other than Cheniere include Sempra (SRE), Dominion (D), BG Group (BRGYY), and Southern Union, which is jointly owned by Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP). Gazprom (OGZPY) is Russia's largest natural gas exporter. Reference Link
April 2, 2014
08:41 EDTDWolfe Research to hold a conference
Power & Gas Deep Dive Conference is being held in Dallas, Texas on April 2.

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