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...The world’s most valuable company has informed component suppliers of its preference to source batteries for the forthcoming iPhone 16 from Indian factories, according to two people close to Apple....
...It provides back-up when renewable energy sources do not produce sufficient electricity....
...Welcome back to Energy Source, coming to you from Houston today....
...Reach us at energy.source@ft.com and follow us on X at @FTEnergy. Catch up on past editions of the newsletter here....
...Hydrogen, the energy source that has produced more hype than heat in recent years, is starting along that path. Electrolyser maker Thyssenkrupp Nucera sketches out the way of things to come....
...Yet there are bright spots domestically. One is the proliferation of gyms across UK cities. Wimbledonites now refer to their leafy borough as “Gymbledon”....
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
...The US Energy Information Administration expects 36GW in new solar this year, the biggest source of capacity growth on the electric grid....
...“LNG is part of the energy transition,” he added, arguing that renewable sources of energy could not be scaled up quickly enough to remove gas from the energy mix....
...Much of his firepower derives from a humble source: a small oil refining and nitrogen fertiliser company in the US heartland....
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
...Eurozone banks should brace for funding sources to become “more volatile” next year, the European Central Bank warned....
...CVR has been a consistent source of income even as Icahn lost billions on bets put on to protect his empire from a severe market downturn, the FT reported last year....
...They include a commitment to source 80 per cent of electricity from renewable sources by 2030....
...But unsurprisingly, Europe was the bright spot. European funds attracted $3.3bn of net new cash into sustainability funds in the fourth quarter....
...Scott Nuttall, co-chief executive of KKR, recently highlighted the private equity group’s infrastructure business, including new funds dedicated to the energy transition, as a major source of growth....
...The key to the improvements was how AI techniques were combined with existing sources such as a large data set of past synthesis reactions, he added....
...The so-called “East Data West Computing” project is “essential for lowering energy resource consumption and powering AI workloads in an orchestrated approach,” he added....
...“Petrochemical overcapacity and the resulting lower prices for virgin material make life harder for producers of recycled plastics,” said Ciarán Healy, analyst at the International Energy Agency....
...The moves are happening as electricity consumption rises in response to demand from sources such as electric vehicles and data centres....
...LNG is still a vital source of power for Japan, which lacks domestic energy sources. The country was the largest importer of LNG last year, accounting for nearly 20 per cent of the global total....
...Apple tested its approach on models including Falcon 7B, a smaller version of an open source LLM originally developed by the Technology Innovation Institute in Abu Dhabi....
...China, the world’s biggest producer and consumer of aluminium, has emerged as a relative bright spot, as growing spending on clean energy infrastructure compensates for waning appetite in the highly indebted...
...But then you notice the discreet pedestals at each end of the installation, created by Los Angeles based PlayLab, Inc. Each showcases four “historiated sculptures” encased in glass....
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