power News

Another Power Outage Hits Large Southern California City

Hundreds of residents and businesses in Long Beach, Calif. will be without power until Friday evening, according to reports. Long Beach, a city of nearly half-a-million, was struck by a power outage on Thursday for the second time this month. …

Southern California Spot Power in Surges Due to Fires

Spot electricity in Southern California surged as Sempra Energy’s San Diego Gas & Electric Co. utility worked to restore service following a fire that disrupted high-voltage transmissions. On-peak, spot electricity at Southern California’s SP15 hub more than doubled to $152.73 …

India Power Failure Hits Millions; Among World’s ‘Worst Blackouts’

Hundreds of millions of people across India were left without power on Tuesday in one of the world’s worst blackouts, trapping miners, stranding train travelers and plunging hospitals into darkness when grids collapsed for the second time in two days. …

Aon Appoints Waerseggers to Head European Power Business

Aon Risk Solutions, the risk management business of Aon Corp., announced the appointment of Denis Waerseggers to the newly created position of European Power leader, effective December first. He joins Aon from global energy company GDF SUEZ, which Aon described …

Aon Appoints Head Broker for Construction, Power, Infrastructure in Singapore

Aon Risk Solutions, the global risk management business of Aon Corp., has appointed Nicki Tilney as head broker of construction, power and infrastructure for Aon’s Global Broking Center (GBC) in Singapore, one of Aon’s hubs for insurance placement. She joins …

Britain: Is It More Corrupt Than It Thinks? Is the U.S.?

Sex, Lies and the Reckless Choices of the Powerful

Sex and power are no strangers. History is littered with tales of the powerful and privileged felled by sex scandals. But make no mistake. If IMF chief Dominique Strauss-Kahn is found guilty as charged of attempting to rape a hotel …