Friday, 20 September 2024

Utilities

FILE PHOTO: A complex of pipes used for the export of crude oil in a dock that is part of the Ecopetrol refinery, is seen in Cartagena, Colombia April 12, 2024. REUTERS/Nelson Bocanegra/File Photo
BusinessFinanceFuelInfrastructureNewsOilUtilities

Colombia’s Ecopetrol in talks to buy $3.6 billion CrownRock stake from Occidental

Colombia's Ecopetrol said on Friday that it is in talks with US oil major Occidental Petroleum to possibly buy a stake in CrownRock.

The Atco logo is seen in this undated handout. A prominent Alberta utility is seeking to delay a hearing on appropriate remedies for gas and electricity rates the province's utilities regulator says were neither reasonable nor justified. THE CANADIAN PRESS/HO *MANDATORY CREDIT*
CourtsElectricityFuelInfrastructureLiquefied Natural GasNewsOilPoliticsUtilities

Alberta’s ATCO Utilities seeks to delay regulatory hearing on excess profits for appeal process

ATCO is seeking to delay hearing on remedies for gas and electricity rates utilities regulator says were neither reasonable nor justified

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
BusinessClimateCourtsElectricityIndigenousInfrastructureNewsPoliticsRegulationsTransmissionUtilitiesWeather

Hawaiian Electric, others agree to proposed $4 billion Maui wildfire deal: report

Hawaiian Electric Industries and others have tentatively agreed to a $4B+ settlement over Maui wildfires, settling multiple lawsuits.

FILE PHOTO: A SunPower SunVault display of the solar company SunPower is seen inside one of their offices in Richmond, California, U.S., July 15, 2021.  REUTERS/Peter DaSilva/File Photo
BusinessEfficiencyElectricityFinanceInfrastructureNewsSolarTransmissionUtilities

SunPower tumbles nearly 20% after pausing some operations

SunPower is halting new product shipments and deactivating certain agreements, amid financial challenges.

FILE - Sections of the Passaic Valley Sewerage Authority plant are seen in Newark, N.J. A proposed backup power plant for the facility is drawing strenuous opposition from residents who say their neighborhood is already overburdened with polluting facilities, including two other power plants. On July 18, 2024, New Jersey environmental officials allowed the project to be built, subject to conditions they say will reduce overall pollution coming from it. (AP Photo/Wayne Parry, File)
ElectricityEnvironmentInfrastructureNewsRegulationsTransmissionUtilities

NJ environmental justice law won’t block power plant hotly fought by Newark residents

The backup power plant for a sewage facility, balancing pollution control and environmental justice; it mandates solar panels and battery storage.

SSE said its first quarter financials were in line with expectations (PA)
BusinessElectricityInfrastructureNewsUtilitiesWind

British electricity giant SSE sees 60% jump in renewable energy generation in early summer

Electricity giant SSE said it generated nearly two-thirds more renewable energy in the early summer months than in the same period last year

FILE - A 2021 Toyota Prius that runs on a hydrogen fuel cell sits on display at the Denver auto show on Sept. 17, 2021, at Elitch's Gardens in downtown Denver. California will be the first state to receive federal funds under a program to create regional networks, or "hubs," that produce hydrogen as an energy source for vehicles, manufacturing and generating electricity, officials announced Wednesday, July 17, 2024. (AP Photo/David Zalubowski, File)
ClimateElectricityEmissionsFuelHydrogenInfrastructureNewsPoliticsUtilities

California first state to get federal funds for hydrogen energy hub to help replace fossil fuels

California will pioneer federal-funded hydrogen hubs for clean energy, securing an initial $30M, potentially up to $1.2B, to support decarbonization efforts.

FILE - Turbines operate at the Block Island Wind Farm, Dec. 7, 2023, off the coast of Block Island, R.I. The Massachusetts Senate debated a bill Tuesday, June 25, 2024 aimed at expanding the adoption of renewable energy in a bid to to help Massachusetts get one step closer to meeting its aggressive climate goals, including reaching net zero greenhouse gas emissions by 2050. (AP Photo/Julia Nikhinson, File)
AnalysisEfficiencyElectricityIn-DepthInfrastructureTransmissionUtilitiesWind

Navigating turbulence: Evaluating US Northeast offshore wind’s recent developments

From NY's new wind project to NJ's environmental research and MA's turbine mishap, Northeast's offshore wind sector faces mixed fortunes.

FILE - Giant wind turbine blades for the Vineyard Winds project are stacked on racks in the harbor, July 11, 2023, in New Bedford, Mass. Vineyard Wind said Tuesday, July 16, 2024, that it is working to recover debris on Nantucket's southern-facing beaches after one of the wind turbine blades suffered damage last weekend. (AP Photo/Charles Krupa, File)
BusinessEfficiencyElectricityInfrastructureNewsTransmissionUtilitiesWind

Wind power operations off Nantucket Island remain suspended after turbine blade parts washed ashore

Power production on the lease area has been suspended and installation of new wind turbine generator construction is also on hold.

FILE PHOTO: An electric pylon supporting power cables is seen near the Western Region of Liwa near Abu Dhabi March 31, 2010.  REUTERS/Jumana ElHeloueh/File Photo
ElectricityFusionInfrastructureNewsNuclearUtilities

UAE considers a second nuclear power plant

The UAE is considering building a second nuclear power plant to meet growing demand for electricity in the oil-rich Gulf state

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