Focus on Electricity
North East of Scotland must become ‘powerhouse of renewables revolution’: John Swinney
The First Minister will tell a renewables conference how the North East of Scotland must be “the powerhouse of the renewables revolution”.
US power use forecast to reach record highs in 2024 and 2025, EIA says
U.S. power consumption is projected to hit record highs in 2024 and 2025 due to growing AI, data center, and electrification demand.
China expresses concern over US chip and connected vehicle policies in high-stakes talks
China urges the U.S. to lift semiconductor sanctions and ease restrictions on Chinese vehicles, seeking better trade relations.
Arcadium deal could power Rio Tinto’s entry into lithium supplier big league
Rio Tinto eyes Arcadium Lithium acquisition to become the third-largest lithium producer amid growing EV demand and competition.
China is oversupplying lithium to eliminate rivals, US official says
Chinese lithium overproduction causes an 80 per cent price drop, impacting global competition and hindering supply chain diversification.
Northvolt subsidiary Ett Expansion AB files for bankruptcy
Northvolt's subsidiary files for bankruptcy as a project is canceled, while the group focuses on scaling battery production.
US looks to resurrect more nuclear reactors, White House adviser says
The Biden administration plans to restart decommissioned nuclear reactors to meet growing demand for emissions-free power.
Equinor buys 9.8% stake in wind developer Ørsted
The investment makes Equinor the second largest shareholder in Ørsted after the Danish government.
Kazakhs approve plan for first nuclear power plant
Kazakhstan, overcoming Soviet-era nuclear test fears, approved its first nuclear power plant in a referendum with 71.12 per cent support.
Solar power companies are growing fast in Africa, where 600 million still lack electricity
Solar companies in Central and West Africa, like Easy Solar, are rapidly expanding, bringing affordable electricity to off-grid homes.
