Focus on Electricity
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.
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.
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.
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.
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...
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Cuba's recent blackout highlights its struggle to transition from outdated oil-fired power plants to renewables amid severe economic strain.
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.
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.
QatarEnergy takes 50% stake in TotalEnergies solar project in Iraq
QatarEnergy takes a 50 per cent stake in TotalEnergies’ 1.25 GW solar project in Iraq, aiming to boost Iraq’s power supply by 2027.
Good Energy gets takeover approach from UAE-linked firm
Esyasoft, tied to UAE royals, may bid for UK solar supplier Good Energy, causing shares to rise by 19%.
