Wednesday, 22 January 2025

Focus on Infrastructure

National Grid has outlined ‘unprecedented’ plans to invest £35 billion (Gareth Fuller/PA)
BusinessEfficiencyElectricityInfrastructureNewsTransmissionUtilities

UK’s National Grid outlines ‘unprecedented’ £35bn investment plans

The plans also contribute to the group’s wider UK investment, which will support 55,000 more jobs by 2030, according to National Grid.

FILE PHOTO: Power lines are shown in Carlsbad, California, U.S., August 17, 2020. REUTERS/Mike Blake/File Photo
BusinessEfficiencyElectricityInfrastructureNewsTransmissionUtilities

Half US at high risk of power shortfall in next decade, regulator says

NERC warns that half of the U.S. faces power supply shortfalls in the next decade due to rising demand and inadequate infrastructure.

FILE PHOTO: Electric power transmission miniatures are seen in front of displayed U.S. flag in this illustration taken, December 5, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityInfrastructureNewsNuclear FusionRegulationsTransmissionUtilities

Commonwealth plans world’s first grid-scale fusion power plant in Virginia

Commonwealth Fusion Systems plans to build the world's first grid-scale fusion power plant in Virginia, aiming for 2030 power generation.

Quebec Premier François Legault and Andrew Furey, premier of Newfoundland and Labrador, shake hands after signing a memorandum of understanding during an announcement in St.John's, Thursday, Dec. 12, 2024. THE CANADIAN PRESS/Paul Daly
AnalysisClimateEconomyElectricityEnvironmentHydropowerPoliticsUtilities

After fanfare of Churchill Falls deal, Newfoundland urged to learn its dam lessons

Energy observers urge Newfoundland and Labrador to independently review a major deal with Quebec, fearing it may favor Quebec.

FILE PHOTO: Electrical transmission cables connecting to Quebec at the Churchill Falls hydroelectric project in Churchill Falls, Newfoundland, Canada July 2007.  REUTERS/Greg Locke/File Photo
ClimateElectricityEmissionsEnvironmentHydropowerNatural GasNewsOilPoliticsRegulationsSolarUtilitiesWind

Canada pushes out target for net-zero electricity grid by 15 years

Canada's Clean Electricity Regulations now target a net-zero grid by 2050, shifting from a 2035 goal amid industry concerns.

FILE - In this Jan. 14, 2019, file photo, Pacific Gas & Electric vehicles are parked at the PG&E Oakland Service Center in Oakland, Calif. (AP Photo/Ben Margot, File)
BusinessEfficiencyElectricityFinanceInfrastructureNatural GasNewsRegulationsTransmissionUtilities

California’s Pacific Gas & Electric could receive $15B in federal loans to modernize its power grid

PG&E could secure up to $15 billion in federal loans for power grid modernization and clean energy projects across California.

FILE PHOTO: Wind turbines are seen in front of the Atlantic Ocean at a wind farm in the Serra da Capelada, near Ferrol, Galicia, Spain, September 13, 2024. REUTERS/Nacho Doce/File Photo
BusinessElectricityIndustryInfrastructureNewsRegulationsWind

Spanish region approves mandatory wind turbine upgrade, sparking industry outcry

Galicia mandates replacement of wind turbines after 25 years, sparking backlash from the renewables industry over legal uncertainties.

The complete removal of diesel passenger trains is now slated for 2045 (PA)
BusinessClimateEconomyEmissionsEnvironmentIndustryInfrastructureNewsRailRegulations

Scottish govt delays passenger trains decarbonization target by a decade to 2045

The Scottish government has delayed its target for decarbonising passenger trains from 2035 to 2045 due to budget constraints.

Canada's Prime Minister Justin Trudeau speaks at the Laurier Club holiday party in Gatineau, Quebec, Canada, December 16, 2024.  REUTERS/Patrick Doyle/File photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityIndustryInfrastructureNewsRegulationsSolarTrade

Canada to impose more tariffs on import of Chinese solar, critical minerals in new year

Canada plans new tariffs on Chinese solar products and critical minerals in 2025, expanding existing duties on EVs and steel imports.

Banks were also rarely found to provide a breakdown of how much sustainable financing they would provide to each sector (Victoria Jones/PA)
BusinessClimateEconomyElectricityEmissionsEnvironmentFinanceFuelIndustryInfrastructureNewsPolitics

Big banks in EU urged to step up on sustainable finance in 2025

Europe's largest banks, including Barclays and HSBC, are urged to enhance sustainable finance efforts amid rising investor scrutiny.

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