Monday, 10 March 2025

Focus on Electricity

FILE PHOTO: A man works on a pole to restore electricity after a storm knocked down power cables in Sao Paulo, Brazil November 6, 2023. REUTERS/Carla Carniel/File Photo
BusinessEconomyElectricityEnvironmentNews

Brazil inflation picks up in mid-October with higher electricity costs

Inflation in Brazil rose due to higher electricity costs, driving up consumer prices in Latin America's largest economy.

FILE PHOTO: Wind turbines from Vattenfall are seen at the North Sea in Scheveningen, Netherlands August 25, 2022. REUTERS/Piroschka van de Wouw/File Photo
ElectricityEmissionsEnvironmentNewsSolarWind

Dutch environmental agency warns on North Sea wind project delays

Delays in the Netherlands' rollout of offshore wind are already raising greenhouse emissions.

Most of Odense port's surface area is devoted to wind power, and Vestas produces nacelles, masts and foundations (AFP)
EconomyElectricityInfrastructureNewsPoliticsRegulationsTransmissionWind

European leaders meet to re-energise offshore wind power

North Sea nations meet in Denmark to boost offshore wind power, aiming for 20,000 turbines by 2050 amid China’s dominance.

A view of Equinor's LNG facility in Melkoeya, outside Hammerfest, Norway January 31, 2023. Ole Berg-Rusten/NTB via REUTERS/ File Photo
BusinessElectricityFuelNatural GasNewsOilWind

Equinor eyes lower spending on renewables after Orsted transaction

Equinor may cut renewable investments by 2030 after buying a $2.5B stake in Orsted, citing better access to wind assets.

AnalysisClimate FinanceCritical MineralsEconomyElectricityEmissionsOpinionReportsSolarStorageWind

Clean energy adoption in Global South overtakes North on path to growth

The Global South is adopting renewable energy technologies at a faster rate than the Global North: Rocky Mountain Institute (RMI)

Sebastian Tirintica sits backdropped by solar panels in the RenewAcad training center in Petrosani, southern Romania, Friday, Oct. 11, 2024. (AP Photo/Vadim Ghirda)
AnalysisClimate FinanceCoalEconomyElectricityLabourMiningPoliticsRegulationsSolarWind

As coal plants shut in Romania, some miners transition to green energy while others are reluctant

Romania's coal workers resist retraining for green jobs despite industry decline, fearing change amid political inaction.

FILE PHOTO: Miniatures of windmill, solar panel and electric pole are seen in front of NextEra Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityNewsNuclear PowerSolarWind

NextEra beats Q3 profit estimates on renewables strength

NextEra Energy's third-quarter profit beat Wall Street estimates on Wednesday, helped by strength in its renewables unit.

Nationwide Building Society is offering interest-free loans of up to £20,000 to help its mortgage customers make their homes more energy efficient (Mike Egerton/PA)
BuildingsConstructionEconomyElectric Vehicles (EVs)ElectricityNewsSolar

UK bank Nationwide Building Society will offer bigger interest-free loans for green retrofitting

The bank is offering interest-free loans of up to £20,000 to help its mortgage customers make their homes more energy efficient.

FILE PHOTO: The Tesla Energy Powerwall Home Battery is unveiled by Tesla Motors CEO Elon Musk during an event in Hawthorne, California April 30, 2015. REUTERS/Patrick T. Fallon/File Photo
BusinessEfficiencyElectricityNews

Tesla to sell home battery system in Japan through Yamada chain, Nikkei reports

Tesla, the EV giant, aims to speed up distribution of its home battery system in Japan by partnering with Yamada Holdings.

FILE PHOTO: A person enters the JPMorgan Chase & Co. New York headquarters in Manhattan, New York City, U.S., June 30, 2022. REUTERS/Andrew Kelly/File Photo
BusinessClimate FinanceElectricityEnvironmentNewsSolarWind

Finance guide could spur extra $200 billion for sustainable development, JPMorgan says

A JPMorgan executive says a new finance guide could unlock an extra $200B annually for projects with positive social or environmental impact.

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