Focus on Utilities
Global energy transition investment exceeded $2 trln last year, report shows
Global investment in low-carbon energy transition exceeded $2 trillion for the first time last year, a report by BloombergNEF showed.
Exposed utility wires may have contributed to LA’s Eaton Fire, law firm says
The Eaton Fire was among the biggest of multiple wildfires that erupted on Jan. 7 and spread quickly in the Los Angeles area.
Chevron partners with Engine No. 1, GE Vernova to power US data centers
(Reuters) -Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the...
DeepSeek breakthrough raises AI energy questions
Having shattered assumptions in the tech sector and beyond about the cost of artificial intelligence, Chinese startup DeepSeek’s new chatbot is now roiling...
LA public utility’s wildfire liability hinges on equipment’s role, Moody’s says
Moody's says LADWP's liability for the Palisades Fire hinges on equipment involvement; damage to assets deemed manageable.
State auditor questions utility SoCal Edison’s fire risk modeling
Fire officials have not found SCE to be responsible for the fires, but the company's infrastructure is being investigated.
US announces nearly $23 billion in loans to energy utilities across 12 states
The financing will come through the energy infrastructure reinvestment program at the department's Loan Programs Office.
China reports problems at five reservoirs in Tibet after earthquake
Earthquakes have damaged dams in the past, particularly by setting off landslides and rockfalls.
Edison utility sued over role of equipment in LA wildfires, Bloomberg News reports
Edison International faces a lawsuit over California wildfires, alleged to be sparked by its equipment, shares drop 13 per cent.
Berlin considers full Uniper exit, targets deal after summer, sources say
Germany considers selling its full Uniper stake, exploring re-IPO or private equity sale amid post-crisis recovery plans.
