Sunday, 26 January 2025

Focus on Electricity

FILE PHOTO: A recording light of a TV camera is flashing red as Siemens Energy CEO Christian Bruch addresses the annual results news conference in Munich, Germany, November 15, 2023.   REUTERS/Leo Simon/File Photo
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Siemens Energy raises mid-term outlook as turnaround gathers pace

Siemens Energy narrows Q4 losses, triples shares YTD, and raises 2028 profit outlook, driven by strong demand and order growth.

Grossi wants nuclear energy to get climate financing (AFP)
Climate FinanceElectricityEmissionsNewsNuclear PowerSmall Modular ReactorsUnited Nations

Climate cash should also go to nuclear, says UN atomic chief

IAEA chief Grossi urges climate funds for nuclear energy, emphasizing its potential to aid global decarbonization responsibly.

US officials vow to be 'effective' participants at COP29 despite the election climate-sceptic Donald Trump (AFP)
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Lame-duck US climate team vows to be ‘effective’ at COP29

US officials keep a busy schedule at COP29, assuring global leaders of continued climate action despite Trump's return threat.

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Calculating clean energy household savings for Canadians and how government incentives could help

Canadian households could cut costs and carbon emissions with clean energy solutions, but government incentives are crucial to widespread adoption.

The projects are due to be completed by 2032 (Ben Birchall/PA)
BusinessElectricityInfrastructureNewsOffshore WindRegulationsTransmissionUtilitiesWind

Subsea electricity links between UK and Europe approved

Ofgem approves five new subsea power lines, boosting UK’s wind power export to Europe and aiding energy security by 2032.

The minister was urged to give an assurance over national security (Nick Ansell/PA)
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UK urged to rule out allowing wind turbines ‘controlled by hostile states’

UK Government avoids ruling out wind turbines built by "hostile" states, amid concerns over energy security.

A wind farm at Voe in Shetland (Andrew Milligan/PA)
AnalysisBiodiversityCarbon ManagementElectric Vehicles (EVs)ElectricityEmissionsEnvironmentHydrogenNatural GasNuclear PowerOffshore Wind

What must the UK do to reach the new goal of 81% emissions cut by 2035?

Prime Minister Starmer aims for an 81 per cent reduction in UK emissions by 2035, aligning with the Paris Agreement’s climate goals.

Prime Minister Sir Keir Starmer at a financial roundtable meeting, engaging with other participants.
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UK says £58bn climate finance tool to launch on London Stock Exchange

A $75B scheme to fund clean energy projects in poorer countries will launch on the London Stock Exchange.

Children perform at the Opening Ceremony of the United Nations climate change conference COP29 in Baku, Azerbaijan November 12, 2024. REUTERS/Maxim Shemetov
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COP29: Host nation Azerbaijan hits out at West in defence of oil and gas industry

At COP29, UN's Guterres urged world leaders to boost climate finance, warning, “Pay up, or humanity will pay the price.”

FILE PHOTO: A view shows solar panels at the floating solar power plant built on Cirata dam in West Java province, Indonesia, November 9, 2023. REUTERS/Willy Kurniawan/File Photo
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Indonesia to build 75 GW of renewable energy in the next 15 years, COP29 envoy says

Indonesia aims to offer global investors 75 GW of renewable energy projects over 15 years, a key commitment by new President Prabowo Subianto,...

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