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Concerns about energy security and climate change are fuelling a renaissance of interest in nuclear energy — and technological advances.
...She added that Greenko Energy Holdings, a Hyderabad-based company, was granted a similar contract to exploit lithium last year....
...Peter Martin, Wood Mackenzie’s chief economist, said “the increased cost of capital has profound implications for the energy and natural resource industries”, and that higher rates disproportionately affect...
...Top funders of the climate-oriented WMB include Amazon and Masdar, the UAE’s renewable energy company, which have all invested heavily in carbon markets....
...The International Energy Agency chief has criticised Europe for falling behind China and the US after making “two historic monumental mistakes” in energy policy, by relying on Russian gas and turning away...
...The debate raises profound questions that all countries involved in the green transition will face: how do you allocate finite energy resources wisely and equitably?...
...Richard Goyder, chair of the $35bn energy group, has also been a target of criticism by some investors....
...Ithaca is buying the Italian energy major’s interests in 11 fields....
...And momentum is growing, with world leaders attending a first-of-a-kind Nuclear Energy Summit this week in Brussels, to discuss funding for the industry’s expansion, with the International Atomic Energy...
...Indonesia’s sovereign wealth fund is aiming to invest up to $1bn this year with green energy as one of its priorities, as the south-east Asian country aims to become a hub for energy transition on the back...
...The bank also pointed out that investment in renewable energy “currently offers subpar returns” and that if energy prices rose strongly, there was a risk of social unrest....
...The comparison often made with Bulb, the energy retailer that required taxpayer backing when forced into a SAR in 2021, is a false one....
...The fortunate circumstance that one of Europe’s own countries has enough energy to export to others is clouded by the fact that Russia is energetically scouting out Norway’s energy installations....
...The EU’s energy regulator has warned the bloc still needs to import Russian liquefied natural gas to avoid an energy shock, even as a group of member states seeks to ban purchases of the fuel from Moscow...
...“It’s definitely a sales differentiator . . . in the short term, the energy security issue because of Russian enriched uranium is an issue,” Edwards said....
Miners are battling to whittle down the oversupply of gems
...into new forms of energy....
...He said industrial production had been “rising noticeably” since the start of the year, even in energy-intensive industries....
...As a result, nuclear will have role to play in the overall energy transition — the question is: how large a role? “Over 80 per cent of global energy still comes from fossil fuels,” says Roma....
...This began with the shale boom when the EU was rich enough to be the principal site of the contest between the world’s two energy superpowers....
...But investors should be thinking about pumped storage hydro and technologies that store energy for hours, if not days, for other reasons....
...My Financial Times colleagues Harry Dempsey and Chloe Cornish report on the Gulf states’ increasing investment in the resources needed to produce clean energy....
...This is a problem for renewable energy developers. It removes an important pool of potential buyers....
...Had it not been for the warm weather, energy imports from the EU and an increase in renewable energy generation, Ukraine would have experienced widespread blackouts, as it did in 2022-23, Timchenko said....
...Good morning and welcome to Energy Source, which comes to you today from Mexico City and New York....
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