Utilities
High temperatures scorch China, spiking power demand
Excessive heat across eastern China causes heavy demand on power grids, with EV owners told to charge at night.
Offshore wind farms connected by an underwater power grid for transmission could revolutionize how the US East Coast gets its electricity
Offshore wind farms could meet 11 times the global electricity demand by 2040, but getting the power to cities remains a challenge.
Hawaiian Electric, others agree to $4 billion Maui wildfire settlement
Blazes tore through Maui on Aug. 8 2023, killing over 100 people and causing damage estimated at $5 billion.
Enbridge makes progress on utility purchases; raises earnings forecast
Enbridge raises 2024 earnings forecast after acquiring U.S. gas utilities, aiming to become North America's largest gas utility.
ScottishPower owner buys north-west England’s power network for £2.1bn
ScottishPower expands in UK, acquiring north-west England's grid for £2.1B, boosting its reach to 12M people across the UK.
Building the blueprint: Ontario moves to shape Canada’s nuclear energy future
Ontario positions itself as a leader in nuclear energy, aiming to partner with the U.S. to drive clean energy and decarbonization.
Utility PPL beats Q2 profit estimates on warmer weather
Extreme heat drives energy usage up to deliver PPL Q2 results ahead of expectations.
Paving the way for EVs: The future of charging infrastructure in Alberta’s multi-unit residences
Pembina Institute: As EVs gain popularity, Alberta must equip apartment and condo buildings with charging infrastructure to meet the rising demand.
Consolidated Edison beats second-quarter profit estimates
Consolidated Edison beat Q2 profit estimates, with revenue up 9.4% to $3.22 billion, driven by hotter weather and increased energy use.
TC Energy eyes data centre growth as potential opportunity
Adjusted earnings for TC Energy in Q2 came in at $978 million, down slightly from last year.
