Wednesday, 22 January 2025

Focus on Electricity

Quebec Premier Francois Legault and Andrew Furey, Premier of Newfoundland and Labrador sign a memorandum of understanding on Churchill Falls during an announcement in St.John's, Thursday, Dec. 12, 2024. Politicians are digging into the details of a draft energy deal between Hydro-Québec and Newfoundland and Labrador Hydro as four days of debate begins in St. John's, N.L.THE CANADIAN PRESS/Paul Daly
EconomyElectricityHydropowerNewsPoliticsUtilities

Bruising history with hydro projects hangs over Quebec energy debate in Newfoundland

Newfoundland debates draft energy deal with Quebec, potentially adding $17B to its treasury by 2041, ending 1969 contract.

FILE PHOTO: U.S. President-elect Donald Trump attends Turning Point USA's AmericaFest in Phoenix, Arizona, U.S., December 22, 2024.  REUTERS/Cheney Orr/File Photo
BusinessCritical MineralsNewsSolarTrade

Trump denies report that his team is eyeing pared-back tariffs

Energy production, including batteries, rare earth minerals, and solar panels, will make up one of several focus sectors.

Jake Sullivan, National Security Advisor of the United States, speaks at an event at the Indian Institute of Technology in New Delhi, India, January 6, 2025. REUTERS/Anushree Fadnavis
ElectricityLegislationNewsNuclear Power

US taking steps to clear hurdles for civil nuclear partnership with Indian firms

Washington and New Delhi have discussed U.S. nuclear reactor supply to energy-hungry India since the mid-2000s.

FILE PHOTO: Vehicles drive through the snow as it covers streets in Louisville, Kentucky, U.S., January 5, 2025, in this screen grab obtained from a social media video. Richard Stottman/@cyntrix/via REUTERS
ClimateElectricityEnvironmentNewsWeather

Over 335,000 US customers without power after winter storm

Cold weather across some regions is expected to increase electrical demand and could reduce reserves.

AnalysisCarbon ManagementCementCoalElectricityEmissionsGreen SteelOpinionPoliticsReports

Coal use persists: Asian growth offsets declines in EU and US

Despite developed nations phasing out coal, global demand is hitting record levels driven by China and India's growth.

FILE PHOTO: The city skyline is reflected in a pool left on the dry riverbed of the receding Jialing river, a tributary of the Yangtze, that is approaching record-low water levels during a regional drought in Chongqing, China, August 20, 2022. REUTERS/Thomas Peter/File Photo
AviationElectricityFuelInfrastructureNewsRail

China seeks to bolster ports and aviation hubs in western regions

China's Politburo last year urged 'new urbanization' in Western China, including efforts to bolster energy resources.

FILE PHOTO: A drone view shows cityscape in Riyadh, Saudi Arabia - December 1, 2024 REUTERS/Mohammed Benmansour/File Photo
BusinessCarbon ManagementNewsSolarWind

Saudi Arabia’s non-oil private sector keeps growing solidly in December, PMI shows

Saudi Arabia's non-oil private sector ended 2024 strong, highlighting progress under 'Vision 2030.'

AnalysisBusinessClimateCoalEconomyElectricityEmissionsEnvironmentFinanceUtilities

Unloading coal exposure: Where are we and what can Chinese banks do?

To achieve climate goals, global coal use must decline sharply, and Chinese banks must drive the exit strategies.

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