Thursday, 19 September 2024

Utilities

TC Energy headquarters in Calgary, Alta. on July 30. TC Energy Corp. says it and its partner Northern New England Investment Company successfully completed the sale of Portland Natural Gas Transmission System. THE CANADIAN PRESS/Todd Korol
BusinessElectricityFuelInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOilTransmissionUtilities

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.

A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo
BusinessElectricityInfrastructureNewsTransmissionUtilitiesWind

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.

FILE PHOTO: People walk past a Natwest Bank branch in central London, Britain November 22, 2023. REUTERS/Isabel Infantes/File Photo
ElectricityFinanceNewsPoliticsRegulationsUtilities

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.

FILE PHOTO: Equinor's logo is seen at the company's headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo
BusinessElectricityInfrastructureNewsTradeTransmissionUtilitiesWind

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.

Workers mount an air conditioner unit on a house in the town of Mitrovica, Kosovo July 29, 2024. REUTERS/Valdrin Xhemaj
ClimateElectricityNewsUtilitiesWeather

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.

Ofgem said the new ‘superhighway’ electricity cable will carry enough renewable energy to power two million homes (Anna Gowthorpe/PA)
ClimateElectricityEmissionsInfrastructureNewsTransmissionUtilities

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.

FILE PHOTO: U.S. President Joe Biden walks toward the South Lawn of the White House as he departs on travel to Wilmington, Delaware in Washington, U.S., August 2, 2024. REUTERS/Kevin Mohatt/File Photo
ElectricityInfrastructureNewsPoliticsSolarTradeTransmissionUtilities

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.

ElectricityNewsNuclearTransmissionUtilities

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.

The U.S. flag flies on Campbell Transportation's towboat M.K. McNally as it passes Mitchell Power Plant, a coal-fired power-plant operated by American Electric Power (AEP), on the Ohio River in Moundsville, West Virginia, U.S., September 10, 2017.    REUTERS/Brian Snyder/File Photo
BusinessElectricityFinanceNewsUtilities

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...

FILE PHOTO: A VinFast EV is seen plugged in at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston
AutomotiveElectric VehiclesInfrastructureNewsTransportUtilities

Vietnam plans electricity subsidies for EV charging stations

Vietnam is planning to subsidise electricity prices for EV charging stations, as part of its efforts to meet energy transition commitments

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