Wednesday, 22 January 2025

Focus on Electricity

FILE PHOTO: A drone view of cars driving along a road near snow on the ground in Twin Bridges, California, U.S. January 2, 2025.  REUTERS/Fred Greaves/File Photo
BusinessClimateElectricityEnvironmentInfrastructureNatural GasNewsOilResiliencyTransmissionUtilitiesWeather

US winter storms could cause power outages, cut natgas supplies

Freezing weather may cause power outages and peak natural gas demand, with supply drops expected due to freeze-offs.

Turbines like these off the coast of Wales are expected to help wind power become Britain's largest source of electricity in 2025 (AFP)
ClimateCoalEconomyElectricityEmissionsEnvironmentNatural GasNewsNuclear PowerOilRegulationsResiliencySolarUtilitiesWind

UK, Germany electricity cleanest on record in 2024

Renewable energy like wind and solar accounted for 59 per cent of production in Germany, while in Britain it stood at 45 per...

FILE - A machine is operated at a facility for the Norwegian company Nel in Heroya, Norway, on April 20, 2023. Nel makes devices that take water and split it into hydrogen and oxygen, known as electrolyzers, as well as fueling stations. (AP Photo/Trond R. Teigen, File)
EmissionsHydrogenIndustryNatural GasNewsNuclear PowerPoliticsRegulationsSolarTransportWind

Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups

Biden's new tax credit for cleaner hydrogen production aims to cut emissions but raises concerns over potential loopholes.

A general view of an offshore wind farm in the North Sea, August 23, 2023. NTB/Ole Berg-Rusten via REUTERS
ElectricityNewsOffshore WindOilWind

Trump demands end to North Sea ‘windmills’ in swipe at UK energy policy

North Sea production has declined from a peak of 4.4 million barrels of oil per day to around 1.3 million today.

FILE PHOTO: A cooling tower is seen at the Three Mile Island Nuclear power plant, during a tour by Constellation Energy, which has ordered a main power transformer for the nuclear reactor it is trying to reopen, in Middletown, Pennsylvania, U.S., October 16, 2024. REUTERS/Shannon Stapleton/File Photo
BusinessElectricityInfrastructureNewsNuclear PowerUtilities

Constellation inks $1 billion deal to supply US government with nuclear power

Constellation Energy wins a record $1B contract to supply nuclear power to 13 U.S. federal agencies, starting in 2025.

FILE PHOTO: The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo
BusinessElectricityNewsOffshore WindWind

Equinor secures $3 billion financing for U.S. Empire Wind 1 project

The company expects the total capital investments to be around $5 billion.

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