Biomass conversion planned for idled coal plant
Pacific Gas and Electric Co. PG&E would then purchase the power from DTE Energy.
DTE, the parent company of Detroit Edison, said it plans to purchase the plant, the Port of Stockton District Energy Facility from a unit of FPL Group Inc.
The plant would be connected to the PG&E power grid and existing cooling towers.
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Nine EU countries oppose electricity market reforms as fix for energy price spike
BRUSSELS - Germany, Denmark, Ireland and six other European countries said on Monday they would not support a reform of the EU electricity market, ahead of an emergency meeting of energy ministers to discuss the recent price spike.
European gas and power prices soared to record high levels in autumn and have remained high, prompting countries including Spain and France to urge Brussels to redesign its electricity market rules.
Nine countries on Monday poured cold water on those proposals, in a joint statement that said they "cannot support any measure that conflicts with the internal gas and electricity market" such…
