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FILE PHOTO: Power lines are shown in Carlsbad, California, U.S., August 17, 2020. REUTERS/Mike Blake/File Photo
BusinessEfficiencyElectricityInfrastructureNewsTransmissionUtilities

Half US at high risk of power shortfall in next decade, regulator says

NERC warns that half of the U.S. faces power supply shortfalls in the next decade due to rising demand and inadequate infrastructure.

FILE PHOTO: Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo
BusinessEconomyElectricityNewsRegulationsSolar

US watchdog finalizes new rule on solar panel, home equity loans

The new rules aim to protect borrowers financing solar panels through property taxes, countering deceptive lending practices.

Honda's electric vehicle (EV) e:NS2 is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

Honda aims to double hybrid car sales by 2030 as ‘bridge’ to EV era

Honda plans to double hybrid car sales to 1.3 million annually by 2030, using hybrids as a bridge until EVs gain traction.

FILE PHOTO: An Alcoa aluminum plant in Alcoa, Tennessee, U.S. is seen in this April 8, 2014 file photo REUTERS/Wade Payne/File Photo
BusinessIndustryNatural GasNews

Chevron Australia signs long-term gas supply deal with Alcoa

Chevron will supply Alcoa with 130 petajoules of gas over 10 years starting in 2028, powering alumina refineries in Western Australia.

FILE PHOTO: A man walks along Lake Erie in the election battleground city of Erie, Pennsylvania, U.S., October 23, 2024. REUTERS/Shannon Stapleton/File Photo
EconomyElectricityInfrastructureNewsTransmissionUtilities

US Energy Department identifies three priority regions for electric transmission boost

DOE identifies three key regions for new electric transmission infrastructure to address rising demand and enhance reliability.

The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/ File Photo
BusinessEconomyElectricityFinanceIndustryInfrastructureNewsSolarUtilitiesWind

Italy’s Erg secures 243-million-euro EIB loan for renewable energy projects

The loan will cover more than 50 per cent of the total cost of projects as it is linked to REPowerEU, the EU's...

A man walks on a footbridge across an open drainage channel, as the sky is enveloped in smog caused by air pollution, in New Delhi, India, December 3, 2024. REUTERS/Priyanshu Singh
AgricultureClimateEmissionsEnvironmentNewsRegulationsTransport

New Delhi tightens anti-pollution measures as air quality worsens

Delhi recorded "very poor" air on Monday with an air quality index reading of 379 in the 24 hours to midday, the Central...

FILE PHOTO: Workers clean Lamborghini cars on display at the Salon Prive, a three day automobile event which showcases both new and classic luxury and sports vehicles, at the Royal Chelsea Hospital in London, Britain, April 20, 2023. REUTERS/Toby Melville/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNews

Lamborghini delays first EV launch to 2029 as market not ready

Lamborghini plans to launch its first electric model in 2029, citing market readiness concerns, while Ferrari debuts its EV in 2025.

A Marathon sign is seen outside Marathon Petroleum (MPC.N) Detroit refinery in Detroit, Michigan U.S., September 9, 2024. REUTERS/Rebecca Cook
BusinessEconomyIndustryInfrastructureLabourNewsOil

Marathon, Teamsters reach pay deal at Detroit refinery

Teamsters at Marathon Petroleum's Detroit refinery ratified a seven-year agreement, ending a three-month strike over pay and safety.

BusinessFuelNewsPoliticsRailTradeTransport

Ukraine services say they destroy Russian train carrying fuel

Ukraine's SBU security service said on Sunday it had launched an operation to destroy 40 rail cars carrying fuel to Russian troops.

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