Wednesday, 22 January 2025

Focus on Electricity

Hydro power lines are shown just outside Winnipeg, Monday, May 1, 2018. Manitoba Premier Wab Kinew says a rate freeze on electricity in 2025 is achievable, despite another forecasted financial loss at Crown-owned Manitoba Hydro. THE CANADIAN PRESS/John Woods
BusinessEconomyElectricityFinanceInfrastructureNewsPoliticsUtilities

Manitoba government questioned over push for rate freeze on electricity

Manitoba Hydro posted a net loss of $157 million in the last fiscal year and is set to end up in the red...

FILE PHOTO: An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021. Mandatory credit Kyodo/via REUTERS/File Photo
AnalysisBusinessElectricityFuelNatural GasNewsOffshore WindOilSolarWind

Big Oil backtracks on renewables push as climate agenda falters

Major European energy companies are slowing and sometimes reversing their renewables investments.

FILE PHOTO: A staff member cleans a display showing the locations of battery maker CATL's production bases, at the CATL booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo/File Photo
BusinessElectric Vehicles (EVs)ElectricityFinanceNewsStorage

China’s CATL to seek Hong Kong listing

CATL plans to issue offshore H-shares and apply for a listing on the main board of the Hong Kong Stock Exchange.

FILE PHOTO: A man sits in a boat on the waters of the Brahmaputra river near the international border between India and Bangladesh in Dhubri district, in the northeastern state of Assam, India August 4, 2018.  REUTERS/Adnan Abidi/File Photo
ElectricityHydropowerNews

China to build world’s largest hydropower dam in Tibet

The dam could produce 300 billion kilowatt-hours of electricity annually.

FILE - The Fukushima Daiichi nuclear power plant, damaged by a massive March 11, 2011, earthquake and tsunami, is seen from the nearby Ukedo fishing port in Namie town, northeastern Japan, Thursday, Aug. 24, 2023. (AP Photo/Eugene Hoshiko, File)
ClimateEconomyElectricityEmissionsEnvironmentIndustryInfrastructureNewsNuclear PowerPoliticsRegulations

Japan to maximize nuclear power in clean-energy push as electricity demand grows

A Japanese panel endorsed a new energy policy aiming for 40-50 per cent renewables and 20 per cent nuclear by 2040 to meet...

le are shown grazing amongst solar panels at an agrivoltaics pilot project conducted by Sun Cycle Farms near Cardston in southern Alberta in this November 2024 handout image. THE CANADIAN PRESS/HO-Sun Cycle Farms
*MANDATORY CREDIT *
AgricultureAnalysisBusinessEconomyElectricityIndustryInfrastructureSolar

Solar burgers: How agrivoltaics is marrying food production with green energy

Calgary's Sun Cycle Farms proves cattle can coexist with solar farms, demonstrating successful agrivoltaics in Alberta.

A firefighter works at the site of residential buildings hit by a Russian drone strike, amid Russia's attack on Ukraine, in Kharkiv, Ukraine December 25, 2024. REUTERS/Sofiia Gatilova
BusinessEconomyElectricityInfrastructureNewsPoliticsTransmissionUtilities

Russia attacks Ukraine energy system in major missile strike, Kyiv says

On Christmas Day, Russia launched a massive missile and drone assault on Ukraine's energy infrastructure, injuring six and killing one.

FILE PHOTO: screen announces the listing of private-equity firm TPG, during the IPO at the Nasdaq Market site in Times Square in New York City, U.S., January 13, 2022.  REUTERS/Brendan McDermid/File Photo
BusinessElectricityNewsSolar

TPG in talks to acquire solar firm Altus Power, sources say

If the talks between TPG Rise Climate and Altus are successful, a deal could be signed in the coming weeks, the sources said.

Good Energy supplies electricity to UK homes and businesses (Dominic Lipinski/PA)
BusinessEconomyElectricityNewsUtilities

Good Energy’s potential UAE buyer gets another one-month extension

Esyasoft has until January 20 to decide on a takeover bid for Good Energy, extending the original deadline of December 23.

FILE PHOTO: High voltage power lines are seen near Strasbourg February 3, 2012. Bitterly cold weather is expected to push gas and electricity consumption to new record highs in France, France's gas and electricity grids said, as subfreezing temperatures continue to hit Europe. REUTERS/Vincent Kessler/File Photo
BusinessEconomyElectricityNewsPoliticsRegulationsUtilities

Europe’s energy taxes are worsening industry woes, power CEO says

To aid Europe's struggling industries, governments should take aim at the high energy taxes, head of Europe's electricity lobby told Reuters.

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