Tuesday, 21 January 2025

Focus on Electricity

International Atomic Energy Agency (IAEA) Director General Rafael Grossi meets with the Head of Iran's Atomic Energy Organization Mohammad Eslami (not pictured) in Isfahan, Iran, May 7, 2024. Iran's Atomic Energy Organization/WANA (West Asia News Agency)/Handout via REUTERS
NewsNuclear PowerPoliticsUnited Nations

IAEA’s Grossi seeks deal with Iran on nuclear steps ‘soon’

Iran and the U.N. nuclear watchdog will continue talks aimed at ending an impasse on many issues between them and should strike a...

A drone view of the flooded Beira-Rio stadium home of the Sport Club Internacional in Porto Alegre, Rio Grande do Sul, Brazil, May 7, 2024. REUTERS/Diego Vara
ClimateElectricityHydropowerNewsUtilitiesWeather

Brazil floods death toll rises to 90, dozens still stranded

Almost half a million people were without power in Porto Alegre, the capital of Brazil's southern state of Rio Grande do Sul, and...

Electric power transmission pylon miniatures and Sempra Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityFinanceInfrastructureNewsUtilities

US utility Sempra’s profit falls 17% in first quarter

U.S. power and gas utility Sempra posted a 17% drop in its first-quarter profit on Tuesday, impacted by lower earnings at two of...

FILE PHOTO: An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder/File Photo
BusinessElectricityFinanceHydropowerNatural GasNewsOilTransmission

US power and natgas prices turn negative in Texas, California and Arizona

US spot power and natgas prices turned negative in Texas, California and Arizona as pipeline maintenance trapped gas in the Permian Shale

Octopus Energy recently overtook British Gas as the UK’s largest domestic electricity supplier (Danny Lawson/PA Wire)
BusinessElectricityFinanceNews

Octopus Energy valuation jumps to nine billion dollars as investors double down

Octopus Energy’s valuation has jumped nine billion US dollars (£7.2 billion) after two of its biggest investors increased their stakes in the business

FILE PHOTO: A view shows a stand of Russian state nuclear agency Rosatom at an exposition of the international military-technical forum Army-2023 at Patriot Congress and Exhibition Centre in the Moscow region, Russia, August 18, 2023. REUTERS/Stringer/File Photo
EconomyNewsNuclear PowerPoliticsTrade

Republicans urge Biden to prevent French work with Russian nuclear power company

Two influential Republican U.S. lawmakers have urged President Joe Biden to prevent a French company from working on civil nuclear power projects with...

A view of Duke Energy's Marshall Power Plant in Sherrills Ford, North Carolina, U.S. November 29, 2018. REUTERS/Chris Keane/File Photo
BusinessElectricityFinanceInfrastructureNewsUtilities

Duke Energy beats first-quarter profit estimates on higher rates

Duke Energy beat Wall Street estimates for first-quarter profit on Tuesday, as the utility benefited from higher rates and robust demand for electricity

FILE PHOTO: A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare/File Photo
BusinessElectricityInfrastructureNewsUtilities

US utility Allete goes private in $6.2 billion deal

A partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners to acquire US utility Allete for $6.2 billion, including debt

The logo of Ecopetrol is pictured at its headquarters in Bogota, Colombia July 11, 2023. REUTERS/Luisa Gonzalez
BusinessElectricityNewsWind

Colombia’s Ecopetrol exploring participation in offshore wind auction

Colombian energy company Ecopetrol is analyzing its potential direct participation in the country's first-ever offshore wind auction

FILE PHOTO: A solar panels array, part of the renewable energy community of Politecnico di Milano is seen in Milan, Italy, April 8, 2024. REUTERS/Claudia Greco/File Photo
ElectricityLegislationNewsPoliticsRegulationsSolar

Italy split on possible solar plant curbs that may jeopardise green goals

Italy's coalition is split over a possible ban on installation of solar panels on agricultural land, according to government officials

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