Thursday, 30 January 2025

Focus on Electricity

FILE - The first operating South Fork Wind farm turbine is seen 35 miles east of Montauk Point, N.Y., on Dec. 7, 2023. (AP Photo/Julia Nikhinson, File)
BusinessElectricityInfrastructureNewsOffshore WindRegulationsWind

US chooses winning bids in first commercial sale for floating offshore Atlantic wind

The U.S. government awarded nearly $22 million in bids for floating offshore wind leases off New England, advancing clean energy goals.

FILE PHOTO: A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, as a 1.5MW GE wind turbine from the Desert Sky Wind Farm is seen in the distance, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
AnalysisElectionsElectric Vehicles (EVs)ElectricityEmissionsFuelLiquefied Natural GasNatural GasOffshore WindOilPoliticsSolarWind

How do Trump and Harris differ on energy policy?

Trump and Harris both seek to expand U.S. energy production, but differ sharply on methods, with Harris favoring clean energy.

FILE PHOTO: A general view of the Tata Steel factory, where the producer presents two installations which, the company expects, will ensure fewer emissions, in IJmuiden, Netherlands, January 25, 2024. REUTERS/Piroschka van de Wouw/File Photo
BusinessClimate FinanceElectricityEmissionsNatural GasNewsSolarWind

Net zero target needs $3.5 trillion in annual green energy investment, Wood Mackenzie says

Investment in the green energy transition must double to meet the Paris Agreement's net zero goal by 2050, says Wood Mackenzie.

FILE PHOTO: U.S. President Joe Biden holds up a wind turbine size comparison chart while attending a meeting with governors, labor leaders, and private companies launching the Federal-State Offshore Wind Implementation Partnership, at the White House in Washington, U.S., June 23, 2022. REUTERS/Kevin Lamarque/File Photo
BusinessElectricityNewsOffshore WindSolar

US Gulf of Maine offshore wind auction poses test for beleaguered industry

Biden's administration to launch sale of offshore wind rights off northern New England, testing industry interest after setbacks.

Belgium's energy island will host transformers and other high-voltage equipment (AFP)
AnalysisBusinessElectricityNatural GasNuclear PowerOffshore WindOilWind

World’s first green energy island sails into cost storm

Belgium's energy island project for offshore wind faces costs soaring to seven billion euros, sparking calls to halt amid political pushback.

FILE PHOTO: A general view of electricity pylons during an organised media tour in Jiuquan, Gansu province, China October 17, 2024. REUTERS/Tingshu Wang/File Photo
AnalysisBusinessEconomyElectricity

China power demand growing faster than expected in 2024, industry association says

The China Electricity Council now sees 2024 electricity consumption growing by seven per cent to 9.9 trillion kilowatt-hours.

The Onagawa nuclear plant photographed in April 2011 before the new anti-tsunami wall was built (AFP)
ElectricityNewsNuclear PowerPoliticsRegulations

Japan nuclear reactor near Fukushima to restart

A Japanese nuclear reactor with an upgraded anti-tsunami wall was set to restart Tuesday in a region near the crippled Fukushima plant, according...

A decade after the Cuban government said it aimed to produce 24 percent of its electricity from renewables by 2030, the Caribbean island has made little progress, as evidenced by nationwide blackouts caused by a power grid failure (AFP)
AnalysisBiofuelsElectricityIndigenousIndustryInfrastructureSolarWind

Cuban blackout highlights urgency of boosting renewables: experts

Cuba's recent blackout highlights its struggle to transition from outdated oil-fired power plants to renewables amid severe economic strain.

FILE PHOTO: Electric power transmission pylon miniatures and Nextera Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityIndustryInfrastructureNewsUtilities

NextEra plans to raise $1.5 billion to fund energy projects

Utility firm NextEra Energy said on Monday it intends to raise $1.5 billion through the sale of equity units to fund new projects.

The consultation will run until November 26 (PA)
BusinessElectricityFuelNewsPolitics

Views sought on reforms to Scotland’s energy infrastructure planning

A consultation on proposed changes has been launched to make the system for considering large energy projects in Scotland more efficient.

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