Wednesday, 30 April 2025

Focus on Utilities

Jennifer Granholm, U.S. Secretary of Energy, delivers a keynote address during the opening event of the fifth meeting of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) in Bucharest, Romania, July 23, 2024. Inquam Photos/Octav Ganea via REUTERS/File Photo
ElectricityInfrastructureNewsNuclear PowerPoliticsSolarTransmissionUtilitiesWind

US working with Kyiv on future power generation plans

The U.S. and Ukraine are collaborating on a post-war energy grid roadmap, focusing on safe nuclear power and renewables to rebuild and secure...

FILE PHOTO: Drilling rigs operate in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019. Picture taken February 10, 2019.    REUTERS/Nick Oxford/File Photo
BusinessFinanceFuelInfrastructureNatural GasNewsOilTransmissionUtilities

US oilfield firms slash prices as mega-mergers shrink customer base

A wave of mega-mergers among oil producers is forcing the US service companies to slash their prices, merge, or risk bankruptcy

FILE PHOTO: Miniatures of windmill, solar panel and electric pole are seen in front of NextEra Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyElectricityFinanceInfrastructureNewsPoliticsUtilities

Utility NextEra reports Q2 profit miss as segment sales slide

NextEra Energy missed profit estimates for the second quarter, hurt by higher interest rates and expenses in its renewables segment

ScottishPower also builds and operates wind farms in the UK (Tom Leese/PA)
BusinessElectricityFinanceInfrastructureNewsPoliticsRegulationsTransmissionUtilitiesWind

ScottishPower earnings hit after energy crisis allowance payment drops off

ScottishPower said its earnings fell 11% in the first half of the year to just over £1 billion, after an energy crisis allowance...

The Crown Estate owns Britain’s seabed up to 12 nautical miles from the mainland (Anna Gowthorpe/PA)
BusinessElectricityFinanceInfrastructureNewsTransmissionUtilitiesWind

Wind farms more than double UK Crown Estate profit to £1.1bn

The Crown Estate owns the vast majority of Britain’s seabed, and leases part of it to wind farm operators.

Wind turbine technician Terrill Stowe stands on the nacelle, which houses the gearbox and generator, atop the tower of a wind turbine on the campus of Mesalands Community College in the former Route 66 town of Tucumcari, New Mexico (AFP)
EfficiencyElectricityIn-DepthInfrastructureTransmissionUtilitiesWind

Don’t look down: Fearless trainees propel US wind turbine boom

High above the New Mexico plains, technicians train on a towering wind turbine, tackling the booming wind industry and its challenges.

EmissionsHydrogenIn-DepthInfrastructurePoliticsRegulationsSolarTransmissionUtilitiesWind

Portugal plans to raise share of renewables in electricity consumption to 93% by 2030

Portugal plans to raise the contribution of renewables in electricity consumption to 93% by 2030, as part of its decarbonisation push, according to...

FILE PHOTO: An aerial view of Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023. REUTERS/Bing Guan/File Photo
BusinessElectricityFuelInfrastructureLegislationNewsPoliticsRegulationsTransmissionUtilities

US senators introduce bill to speed approvals of energy projects

US Senate bill aims to expedite permitting for power transmission, mining, and LNG exports, strengthening the grid and supporting the 2035 decarbonization goal.

Electrician A. Prakash checks the parameter of the output breaker of a 500-kilowatt battery energy storage system inside the Hindustan Coca-Cola Beverages factory in Thiruvallur district, on the outskirts of Chennai, India, Tuesday, July 16, 2024. (AP Photo/Mahesh Kumar A.)
AnalysisBusinessCritical MineralsElectricityIn-DepthInfrastructureRegulationsSolarTradeTransmissionUtilitiesWind

India has ramped up its wind and solar energy. It now needs to expand places to store it

India's battery storage industry, vital for transitioning from dirty fuels, is growing rapidly despite high costs and supply chain issues, with ke investments...

FILE - Steam billows from a coal-fired power plant Nov. 18, 2021, in Craig, Colo. A federal appeals court on Friday, July 19, 2024, allowed a Biden administration rule aimed at limiting planet-warming pollution from coal-fired power plants to remain in place, even as legal challenges continue. The EPA rule, announced in April, would force many coal-fired power plants to capture 90% of their carbon emissions or shut down within eight years. (AP Photo/Rick Bowmer, File)
BusinessClimateCoalCourtsElectricityEmissionsEnvironmentFuelIndustryInfrastructureLegislationNewsPoliticsRegulationsTransmissionUtilities

US court upholds EPA rule on coal plant emissions despite industry pushback

The court upheld the rule requiring coal plants to cut carbon emissions by 90% or shut down, a key part of Biden's climate...