Thursday, 30 January 2025

Focus on Infrastructure

FILE PHOTO: Fire damage is shown in the Wahikuli Terrace neighborhood in the fire ravaged town of Lahaina on the island of Maui in Hawaii, U.S., August 15, 2023.  REUTERS/Mike Blake/File Photo
BusinessClimateEnvironmentFinanceInfrastructureNewsUtilitiesWeather

Hawaiian Electric, others agree to $4 billion Maui wildfire settlement

Blazes tore through Maui on Aug. 8 2023, killing over 100 people and causing damage estimated at $5 billion.

Enbridge Inc. saw its second-quarter profit hit $1.84 billion, where it roughly also sat a year ago. An Enbridge worker loads pipe just west of Morden, Man., on Thursday, Aug. 16, 2018. THE CANADIAN PRESS/John Woods
BusinessFinanceFuelInfrastructureLiquefied Natural GasNatural GasNewsTransmissionUtilities

Enbridge makes progress on utility purchases; raises earnings forecast

Enbridge raises 2024 earnings forecast after acquiring U.S. gas utilities, aiming to become North America's largest gas utility.

ScottishPower will become the UK’s second largest distribution network operator with the deal (Kirsty Wigglesworth/PA)
BusinessElectricityNewsUtilitiesWind

ScottishPower owner buys north-west England’s power network for £2.1bn

ScottishPower expands in UK, acquiring north-west England's grid for £2.1B, boosting its reach to 12M people across the UK.

Ontario is selling itself as the nuclear North Star to guide the direction of American power as the United States looks to de-carbonize amid ever-increasing demand for energy.Stephen Lecce delivers remarks at Lakeshore Collegiate Institute in Toronto, on Thursday, Aug. 31, 2023. THE CANADIAN PRESS/Spencer Colby
AnalysisElectricityNuclear PowerSmall Modular ReactorsUtilities

Building the blueprint: Ontario moves to shape Canada’s nuclear energy future

Ontario positions itself as a leader in nuclear energy, aiming to partner with the U.S. to drive clean energy and decarbonization.

BusinessNewsUtilities

Utility PPL beats Q2 profit estimates on warmer weather

Extreme heat drives energy usage up to deliver PPL Q2 results ahead of expectations.

AnalysisBuildingsEfficiencyElectric Vehicles (EVs)ElectricityIn-DepthInfrastructureReportsStorageUtilities

Paving the way for EVs: The future of charging infrastructure in Alberta’s multi-unit residences

Pembina Institute: As EVs gain popularity, Alberta must equip apartment and condo buildings with charging infrastructure to meet the rising demand.

Pupils are wilting in ageing school buildings in Japan because poor insulation is cancelling out the effect of air conditioning, leading to drowsy kids and testy teachers (AFP)
BuildingsEmissionsInfrastructureNews

Japan’s schoolkids wilt in under-insulated classrooms

Japanese schools battle poor insulation, pushing up electricity bills and carbon emissions in a country struggling for energy efficiency.

FILE PHOTO: A Con Edison company flag is seen in New York July 1, 2012. REUTERS/Eric Thayer/File Photo
BusinessEfficiencyElectricityFinanceFuelInfrastructureNatural GasNewsSolarTransmissionUtilitiesWind

Consolidated Edison beats second-quarter profit estimates

Consolidated Edison beat Q2 profit estimates, with revenue up 9.4% to $3.22 billion, driven by hotter weather and increased energy use.

FILE PHOTO: The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelIndigenousInfrastructureNatural GasNewsPoliticsTransmission

Indigenous communities to borrow C$1 billion for TC Energy pipeline stake: report

Canada’s Indigenous communities plan a C$1 billion bond offering to fund a minority stake in TC Energy’s natural gas pipeline system.

FILE PHOTO: The Trans Mountain Burnaby Terminal tank farm is seen as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier/File Photo
BusinessFuelInfrastructureNewsOilTransmission

Trans Mountain pipeline loads 19 Aframax vessels in July, slightly below June levels

Canada's Trans Mountain pipeline loaded 19 Aframax ships in July, exporting about 330,000 bpd, slightly lower than June.

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