Wednesday, 22 January 2025

Focus on Electricity

Denis Mahoney, left to right, Deputy Minister of Justice and Public Safety, Jennifer Williams CEO of NL Hydro and Walter Parson, Vice-President of NL Hydro take questions from the House of Assembly as they debate the Churchill Falls Memorandum of Understanding between Newfoundland and Labrador and Quebec in St. John's, Tuesday, Jan. 7, 2025. THE CANADIAN PRESS/Paul Daly
ElectricityHydropowerNewsPolitics

Quebec energy deal touted as new chapter for Newfoundland and Labrador heads for vote

N.L. debates $227B Churchill Falls draft energy deal with Quebec, pivotal for province’s debt-laden economy.

FILE PHOTO: Malaysian Prime Minister Anwar Ibrahim speaks during an exchange of notes after his meeting with Ethiopian Prime Minister Abiy Ahmed at Putrajaya, Malaysia October 26, 2024. REUTERS/Hasnoor Hussain/Pool/File Photo
BusinessEconomyEfficiencyElectricityIndustryInfrastructureNewsPoliticsTrade

Malaysia aims to be conduit for diversification of energy and supply chains, PM says

Malaysia aims to become a hub for energy, semiconductors, and Islamic finance, leveraging growth and stable investments.

FILE PHOTO: The logo for Vanguard is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2022.  REUTERS/Brendan McDermid/File Photo
BusinessEconomyElectricityNews

Vanguard Group boosts Talen Energy stake to 10.4% as AI demand grows

U.S. asset management firm Vanguard Group increased its stake in independent power producer Talen Energy Corp to 10.4 per cent.

AnalysisBusinessCritical MineralsElectric Vehicles (EVs)ElectricityIndustryInfrastructureSolarStorageTradeTransmissionUtilitiesWind

More than ore: The pivotal role recycled copper can play in the energy transition

Substantially increasing copper recycling will complement copper from mining and support the supply of minerals needed by the energy transition.

FILE PHOTO: The logo of Codelco, the world's largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityMiningNewsTrade

Copper output at Chile’s Codelco rose to 1.328 million tons in 2024, document shows

Codelco's 2024 copper output hit 1.328M tons, slightly above 2023, despite challenges like declining ore grades and project issues.

Ontario Premier Doug Ford speaks to the media during the fall meetings of Canada's premiers in Toronto, Monday, Dec. 16, 2024. Ford is pitching U.S. president-elect Donald Trump on a vision to supply the two nations with energy. THE CANADIAN PRESS/Nathan Denette
BusinessEconomyElectricityNewsNuclear PowerPoliticsSmall Modular ReactorsTrade

Ford pitches Trump on nuclear energy expansion to avert looming Canada-U.S. tariff clash

The premier is trumpeting Ontario's nuclear energy expertise to build more large and small modular nuclear reactors in partnership with the U.S.

N.L. Premier Andrew Furey and John Hogan, minister of health and community services, take part in the debate of the Churchill Falls memorandum of understanding between Newfoundland and Labrador and Quebec in the House of Assembly in St.John's on Tuesday, Jan. 7, 2025.  THE CANADIAN PRESS/Paul Daly
BusinessElectricityHydropowerNewsPoliticsUtilities

Adviser says Quebec-N.L. energy deal is ‘very good,’ as Opposition vows not to vote

Newfoundland and Labrador's opposition vowed they will not vote on a draft energy deal with Quebec's hydro utility until it is scrutinized by...

Thick smoke hangs over the skyline of the downtown area after powerful winds fueling devastating wildfires forced tens of thousands to evacuate their homes in Los Angeles, California, U.S. January 8, 2025.  Tyler Transki/Handout via REUTERS
BusinessClimateElectricityEnvironmentInfrastructureNewsResiliencyUtilitiesWeather

Californian utility SoCal Edison shuts power to over 114,000 customers due to wildfire risk

Southern California Edison cut power to over 110,000 customers amid wildfires threatening 30,000 homes in the Los Angeles area.

John Swinney visited the Coalburn 1 construction site (Jane Barlow/PA)
BusinessEconomyEfficiencyElectricityIndustryInfrastructureNewsPoliticsStorageTradeUtilities

Battery storage sites deemed ‘formidable’ for Scotland’s energy future

Scotland secures £800m for Europe’s largest battery storage sites, boosting renewables and grid resilience efforts.

FILE PHOTO: U.S. President Donald Trump attends a news conference after his summit with North Korean leader Kim Jong Un, at the JW Marriott Hotel in Hanoi, Vietnam February 28, 2019. REUTERS/Jorge Silva/File Photo
BusinessElectricityIndustryNewsOffshore WindPoliticsWind

European wind stocks take beating after Trump calls turbines ‘garbage’

Wind power stocks drop as Trump vows to block new turbines, raising fears over U.S. renewable energy market shifts.

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