Focus on Utilities
US utility Sempra’s profit falls 17% in first quarter
U.S. power and gas utility Sempra posted a 17% drop in its first-quarter profit on Tuesday, impacted by lower earnings at two of...
Duke Energy beats first-quarter profit estimates on higher rates
Duke Energy beat Wall Street estimates for first-quarter profit on Tuesday, as the utility benefited from higher rates and robust demand for electricity
US utility Allete goes private in $6.2 billion deal
A partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners to acquire US utility Allete for $6.2 billion, including debt
Heat networks an opportunity ‘worth billions’, says energy boss
Swedish firm hopes to expand UK heat networks to replace gas boilers, distributing a centralised source of heat to nearby buildings.
Musk disbands Tesla Supercharger team, leaving customers in the dark
Analysis: Elon Musk's abrupt decision to lay off employees who ran Tesla's charging business blindsided automakers gearing up to equip new EVs for...
New Jersey seeks fourth round of offshore wind power proposals as foes push back
New Jersey is seeking a new round of proposals to build wind energy farms off its coastline, forging ahead with its clean energy...
Biden signs new memo to boost security of US critical infrastructure
Concerns have been rising about the security of U.S. critical infrastructure like utilities, power plants, aviation, rail, mass transit, highway, maritime, pipeline, water...
High price for carbon-free nuclear power in American state of Georgia
Even as U.S. government officials and some utilities are looking to nuclear power to alleviate climate change, the cost of Vogtle, in Georgia,...
Trans Mountain pipeline ushers in new era for oilsands hub
Trans Mountain pipeline expansion gives hope to workers and residents that Fort McMurray's boom town days may be returning, with official opening of...
U.S. names AI advisory board on security of energy, critical infrastructure
The board would help ensure the safe deployment of AI technology and how to address threats posed by this technology to vital services...
