Friday, 24 January 2025

Focus on Electricity

The wind energy sector is plagued by numerous problems, such as soaring interest rates, rising material costs and supply chain disruptions. (AFP)
BusinessNewsWind

Wind energy giant Vestas swings to loss in first quarter

'Continued geopolitical volatility' blame for Vestas first quarter results showing €75m loss.

Oladapo Adekunle, an engineer with Rensource Energy, installs solar panels on a roof of a house in Lagos, Nigeria, Thursday, March 21, 2024. Funding for climate tech startups in Africa from the private sector is growing, but there's still a long way to go. (AP Photo/Sunday Alamba)
AnalysisBusinessElectricityFinanceIn-Depth

More money going to African climate startups, but huge gap remains

In Africa, climate funding has raised $3.4 billion – but it's going to need $277 billion a year to meet 2030 goals. Where...

Miniatures of solar panel and electric pole are seen in front of First Solar logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsSolar

First Solar posts higher quarterly profit on strong demand

First Solar profits up after market boosted by tax credits and a limit on Chinese imports under Biden administration.

A Breakthrough Institute report suggests concerns about the impacts of mining for materials needed for clean technologies are overblown. Photo by omid roshan on Unsplash
AnalysisCoalCritical MineralsElectricityEnvironmentMineralsMiningNatural GasNuclear PowerReportsSolarStorageWind

Breakthrough Institute report: What is the true mining footprint of clean energy?

Breakthrough Institute: A rational comparison of the metal and mining footprints of clean electricity technologies — contrasted with the material requirements of fossil...

U.S. Sen. Edward Markey (D-MA) speaks during a press conference addressing a new policy that demands recipients of foreign military aid to follow international humanitarian law at the U.S. Capitol in Washington, U.S., February 9, 2024. REUTERS/Nathan Howard/File Photo
ElectricityNewsNuclear PowerPoliticsTrade

Any nuclear power deal with Saudi Arabia needs safeguards: U.S. senator

An agreement to help develop nuclear power in Saudi Arabia could benefit the U.S. nuclear industry, which would supply technology.

BusinessElectricityNatural GasNews

Utility PPL Corp’s Q1 results beat on lower operating costs

PPL Corp Q1 results show operating expenses falling by 8% and better-than-expected revenues.

District heating pipes (Vattenfall/PA)
EfficiencyElectricityNewsUtilities

Heat networks an opportunity ‘worth billions’, says energy boss

Swedish firm hopes to expand UK heat networks to replace gas boilers, distributing a centralised source of heat to nearby buildings.

FILE PHOTO: Australia's Climate Change and Energy Minister Chris Bowen walks, on the day of negotiations of a COP28 draft deal, during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 12, 2023. REUTERS/Amr Alfiky
ElectricityNewsPoliticsWind

Australia grants feasibility licences for offshore wind farms

Pursuing green energy, six Australian wind farm projects given the go-ahead for waters off the country's southern coast.

FILE PHOTO: A view of the U.S. Capitol dome in Washington, D.C., U.S., March 21, 2024. REUTERS/Elizabeth Frantz/File Photo
NewsNuclear PowerPoliticsTrade

US Senate approves bill to ban Russian uranium imports

Russian uranium ban passed by unanimous consent in US Senate, following similar restriction on oil imports after invasion of Ukraine.

Alberta Premier Danielle Smith speaks on invoking her government’s sovereignty act over federal clean energy regulations, along with Rebecca Schulz, Minister of Environment and Protected Areas and Nathan Neudorf, Minister of Affordability and Utilities, in Edmonton on Monday, Nov. 27, 2023. The Alberta government is helping fund what it says is Canada's first test site for geothermal energy drilling techniques.THE CANADIAN PRESS/Jason Franson.
EconomyGeothermalNewsPoliticsSolarWind

Alberta to partially fund facility to test geothermal drilling techniques

The Alberta government is helping fund what it says is Canada's first test site for geothermal energy drilling techniques.

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