Wednesday, 22 January 2025

Focus on Electricity

Electrical power pylons of high-tension electricity power lines are seen in Brussels, Belgium, November 24, 2022. REUTERS/ Johanna Geron
BusinessElectricityFuelNewsPolitics

EU agrees to quit energy investment treaty over climate concerns

EU countries agreed on Thursday to jointly quit an international energy treaty over concerns that it protects fossil fuel investments.

FILE PHOTO: A wind turbine is seen on the Frodsham on shore wind farm in Frodsham, Britain, September 5, 2023. REUTERS/Phil Noble/File Photo
ElectricityFuelNewsPolitics

Global shift to renewables slowed in 2023, policy group says

The global shift to renewables in major energy-consuming sectors slowed in 2023, hindered by regulatory gaps and political pressures.

AnalysisEconomyElectricityNuclear PowerPoliticsReports

Clean Prosperity: Nuclear energy could help Canada achieve net-zero, but problems need solving first

A report by Clean Prosperity recommends how Canada can solve the problems of high costs and policy uncertainty that can get in the...

FILE PHOTO: The Three Mile Island Nuclear power plant is pictured from Royalton, Pennsylvania, U.S. May 30, 2017.   REUTERS/Carlo Allegri/File Photo
ElectricityNewsNuclear Power

White House to support new nuclear power plants in the U.S.

Measures to support development of new US nuclear plants announced to combat rising costs and competition from gas, wind and solar.

FILE PHOTO: The sun rises behind windmills at a wind farm in Palm Springs, California, February 9, 2011. REUTERS/Lucy Nicholson//File Photo
BusinessElectricityGeothermalHydropowerNewsNuclear FusionNuclear PowerPoliticsSolarWind

Biden administration expands tax credits beyond wind, solar

Clean tech tax credits scheme expands to cover geothermal, nuclear and more as Biden administration aims to hit net zero goal in 2035.

FILE PHOTO: A woman cools herself with a fan at her home on a hot spring day amid a nationwide drought and heatwaves that have sent temperatures soaring across much of the country, in Veracruz, Mexico, May 21, 2024. REUTERS/Yahir Ceballos/File Photo
ElectricityHydropowerNewsResiliencyUtilitiesWeather

Mexico’s electricity demand hits record amid extreme heat and water shortages

Mexico has been consuming record amounts of electricity and occasionally more than its utility infrastructure can generate and transmit, official data showed, as...

Land-based wind turbines spin in Atlantic City. N.J., on Nov. 3, 2023. On Tuesday, April 30, 2024, New Jersey utility regulators opened a fourth round of solicitations for new offshore wind farm proposals to join the three that already have preliminary approval. (AP Photo/Wayne Parry)
BusinessCourtsNewsPoliticsWind

New Jersey and wind farm developer Orsted settle claims for $125M over scrapped offshore projects

New Jersey said the $125 million it will receive in settlement over Orsted's cancellation of two offshore wind farms last year will be...

The Siemens Gamesa sign is displayed at the renewable energy company's headquarters in Zamudio, Spain, April 28, 2022. REUTERS/Vincent West
BusinessElectricityLabourNewsWind

Siemens Gamesa to cut 4,100 jobs in overhaul: CEO letter to staff

The job cuts plan, which was first reported by Spanish newspaper El Correo, comes shortly after Siemens Energy fleshed out major restructuring moves...

AnalysisCoalConstructionEconomyElectric Vehicles (EVs)ElectricityEmissionsPoliticsSolarTradeWind

Analysis: Monthly drop hints that China’s CO2 emissions may have peaked in 2023

Analysis: A 2023 peak in China’s CO2 emissions is possible if the buildout of clean energy sources is kept at the record levels...

The Beatrice offshore windfarm is to pay £33.14 million to Ofgem over a breach of licence rules (Beatrice Offshore Windfarm Limited/PA)
ElectricityInfrastructureNewsRegulationsUtilitiesWind

Beatrice offshore windfarm pays £33m after breaching market rules

Watchdog Ofgem said on Tuesday that Beatrice Offshore Windfarm Limited (Bowl) had agreed to make the redress payment in response.

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