Focus on Utilities
US appeals court scraps natural gas pipeline safety standards
The court invalidated several of Biden’s natural gas pipeline safety rules, citing insufficient cost-benefit analysis by PHMSA.
TC Energy completes sale of Portland Natural Gas Transmission System
TC Energy and its partner completed the $1.14B sale of Portland Natural Gas Transmission System to BlackRock and Morgan Stanley.
Orsted books new losses, flags delay at US offshore wind project
Orsted halted its FlagshipOne green e-methanol project, citing slower market development, impacting shares significantly.
Texas adds UK lender NatWest to energy ‘boycott’ list over financing restrictions
A spokesman for Comptroller Glenn Hegar said NatWest was added to the list because of restrictions it has added on energy financing.
Equinor, Dominion win US Central Atlantic offshore wind auction
Equinor and Dominion won U.S. offshore wind leases off Delaware, Maryland, and Virginia in a lackluster auction, reflecting challenges in Biden's climate agenda.
Balkans’ new love for air conditioning strains grid as temperatures soar
European heat waves mean low-consumption summers could be over for energy suppliers as the Balkans turn to air conditioning.
Electricity ‘superhighway’ between Scotland and England to go ahead
The 500km (311-mile) Eastern Green Link 2 (EGL2) electricity transmission project will stretch from Aberdeenshire to North Yorkshire.
Biden allows more solar cell imports to avoid Trump-era tariffs
Biden has more than doubled the volume of solar cells that are allowed to be imported tariff-free to help domestic panel producers.
Price tag for new nuclear power in Sweden $38 billion, commission says
Sweden's nuclear expansion plan faces private sector reluctance, needing government loans and price guarantees.
US utilities poised to ride data center demand wave in second half
U.S. electric utilities are optimistic about sales growth, driven by data center demand fueled by the AI boom, with significant supply deals boosting...
