Friday, 24 January 2025

Focus on Infrastructure

Octopus Energy took over Bulb in 2022 with a package of Government support (Leon Neal/PA)
BusinessFinanceInfrastructureNewsUtilities

Octopus Energy to repay £3bn of UK taxpayer money used for Bulb takeover

Octopus Energy will pay the Government nearly £3bn to reimburse the public money it received to take over collapsed energy supplier Bulb

FILE PHOTO: Solar panels are pictured at a solar energy park in Saelices, Spain, May 11, 2022. Picture taken with a drone. REUTERS/Guillermo Martinez/File Photo
AnalysisElectricityHydropowerInfrastructureReportsSolarStorageWind

Europe’s solar power surge hits prices, exposing storage needs

Mismatch between demand and supply as solar power generation soars could shift investment to much needed storage solutions

FILE PHOTO: Electricity transmission towers stand over a coffee farm in Santo Antonio do Jardim February 6, 2014. REUTERS/Paulo Whitaker/File Photo
BusinessElectricityInfrastructureNewsUtilities

Brazil tightens rules to renew energy distribution concessions

The Brazilian government issued on Thursday tighter guidelines for the extension of energy distribution contracts, easing the advanced cancellation of concessions and allowing...

FILE - In this Nov. 1, 2017 file photo high power cables hang from a pole on a field in Hattersheim, Germany. A state-owned Dutch company that is the biggest electricity grid operator in Germany said Thursday, June 20, 2024 that talks on selling its German business to the government in Berlin have been terminated due to the administration's budget constraints. TenneT, one of four transmission network operators in Germany, announced plans for the talks in February 2023. (AP Photo/Michael Probst,file)
BusinessElectricityFinanceInfrastructureNewsTransmissionUtilitiesWind

Germany and Dutch-owned operator end talks on grid sale because of budget constraints

Biggest electricity grid operator in Germany said Thursday that talks on selling its German business to the government in Berlin have been terminated.

FILE PHOTO: A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo
BusinessFuelInfrastructureNatural GasNewsOilTransmission

Brazil agency nears decision amid Petrobras pressure to explore offshore Equatorial Margin

BRASILIA/RIO DE JANEIRO – The head of Brazil’s environmental agency said on Wednesday that he expects a decision soon on state-owned oil company...

FILE PHOTO: Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project is seen in Burnaby, from Cates park in North Vancouver, British Columbia, Canada May 1, 2024. REUTERS/Jennifer Gauthier/File Photo
BusinessEconomyNewsOilPoliticsTransmission

Trans Mountain revises heavy crude standards on pipeline after quality concerns

Canadian government-owned oil pipeline operator Trans Mountain last week revised standards for accepting crude oil on its recently expanded system after buyers raised...

Shadow chancellor Rachel Reeves (Lucy North/PA)
EconomyElectionsElectricityNatural GasNewsOilPoliticsUtilities

UK Labour to highlight pledge to cut down energy bills, tackle cost-of-living crisis

The UK Labour party has pledged to make Britain a clean energy superpower by 2030, which the party says will save families up...

AnalysisEconomyElectricityEmissionsFuelLegislationPoliticsReportsUtilities

Justice for disadvantaged communities in New York’s cap-trade-and-invest

Disadvantaged communities are disproportionately affected by emissions from fossil fuel combustion in New York. Resources for the Future considers policy options for reducing...

FILE PHOTO: FILE PHOTO: A woman pours water on her head after filling her containers with drinking water from a municipal tanker on a hot summer day in New Delhi, India, May 21, 2024. REUTERS/Adnan Abidi/File Photo
ClimateElectricityNatural GasNewsUtilitiesWeather

India sees record peak demand for power in north as heatwave persists

People in India have been trying to stay cool during a weeks-long heatwave.

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
BusinessFinanceFuelInfrastructureNatural GasNewsOilSustainable Aviation FuelUtilities

Berkshire Hathaway boosts stake in Occidental Petroleum to nearly 29%

Billionaire Warren Buffett’s Berkshire Hathaway Inc acquired another 2.95 million shares in Occidental Petroleum, a regulatory filing showed, bringing his stake in the...

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