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UK infrastructure
Two UK water companies lack complete maps of sewage networks
...Commission....
April 23, 2024
UK infrastructure
Water crisis plan for UK puts ‘too much reliance’ on metering, says ex-minister
...The National Infrastructure Commission, which advises the government on infrastructure, said in 2018 that the UK would need between 2.5bn and 4bn litres of additional water capacity in England per day by...
March 11, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
UK energy
UK ministers must ‘move faster’ on net zero energy reforms, warns infrastructure tsar
...In a letter seen by the Financial Times, Sir John Armitt, chair of the National Infrastructure Commission, told Jeremy Hunt that Whitehall was taking “too long” to decide on measures to support private investment...
February 26, 2024
Thames Water
Thames Water owners pile group with debt
...Kemble then “cascaded” £500mn of this borrowed money down the chain of holding companies that own Thames Water into the regulated utility....
December 1, 2023
News in-depthNuclear energy
Next-generation nuclear developers battle with ‘regulatory marathons’
...“Countries approach regulation differently, from a different starting philosophy,” said Allison Macfarlane, former chair of the US Nuclear Regulatory Commission (NRC)....
April 25, 2024
New York Stock Exchange LLC
New York Stock Exchange tests views on round-the-clock trading
...Trades on exchanges also form part of the consolidated “tape” — the official record — of trading prices, meaning night-time activity would be more likely to set the early tone for regular hours trading....
April 22, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Berkshire Hathaway Inc
Buffett sounds wildfire alarm as utilities industry enters new era
...The firm is appealing against a class-action lawsuit that found it and other brokers liable for $1.8bn of damages over an alleged conspiracy to inflate sales commissions....
March 1, 2024
Iberdrola SA
Iberdrola calls off $8.3bn acquisition of US power utility PNM Resources
...Abe Silverman, who previously worked at the Federal Energy Regulatory Commission, said that utility commissions were “increasingly prioritising local control over their utilities over merger benefits”....
January 2, 2024
The Week Ahead
Biden hosts Jordan’s King Abdullah and UK holds by-elections
...British utilities companies, European banks and US consumer goods manufacturers....
February 11, 2024
Thames Water
Thames Water chair ‘sorry’ over loan described as equity at parliamentary grilling
...Consolidated debt amounted to £18.3bn as of March 31, up from £15.4bn the year before, the accounts show. The group had cash of £1.94bn in March, an increase of £708mn on the previous year....
December 12, 2023
Thames Water
Thames Water’s new boss faces task of persuading investors over turnaround plan
...Thames Water’s overarching group is burdened with a consolidated debt mountain of £18.3bn as of March 31, up from £15.4bn the year before....
January 8, 2024
Industrial metals
Crisis at Gupta steel operations threatens European production, unions warn
...Two big union federations IndustriALL Europe and IndustriALL Global, representing millions of workers, have called on the European Commission to set up a task force to tackle a “crisis” at Gupta’s Liberty...
February 8, 2024
Marietje Schaake
Our stressed-out power grids need help
...The writer is international policy director at Stanford University’s Cyber Policy Center and special adviser to the European Commission Utility companies are currently facing “code red”....
March 13, 2024
Moral Money
Amazon presses the nuclear button Premium content
...In a 2022 podcast, its energy and climate director Michael Terrell said the company had engaged regulators at local public utilities commissions, showing up to the scantily-attended meetings where crucial...
March 11, 2024
Nuclear energy
West is ‘too optimistic’ on nuclear projects, warns engineering chief
...French President Emmanuel Macron, US climate envoy John Podesta and European Commission president Ursula von der Leyen will attend the summit....
March 20, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Energy Source
Who will pay for Europe’s power grid upgrade? Premium content
...In an Action Plan for Grids published in November, the commission pointed to a host of different issues that need to be addressed: faster permitting timelines, strengthening supply chains for components...
March 12, 2024
Eton College
Eton College moves lessons online after rainfall hits sewer system
...Thames Water’s overarching group is burdened with a consolidated debt mountain of £18.3bn as of March 31, up from £15.4bn the year before....
January 10, 2024
News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates
Rivian pauses construction of new Georgia factory
...Rivian is pausing construction on building a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
March 7, 2024
News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs
Rivian pauses construction of new Georgia factory
...Rivian is pausing construction of a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
March 7, 2024
UK retail industry
UK competition watchdog plans probe into vet market
...The intervention by the CMA follows scrutiny of the veterinary market in the US, where the Federal Trade Commission in 2022 required buyout firm JAB to sell some clinics....
March 12, 2024
InterviewNuclear energy
UK should consider wider range of nuclear power options, says top official
...of the US Nuclear Regulatory Commission....
April 9, 2024
Nuclear energy
Bill Gates’ TerraPower plans to build first US next-generation nuclear plant
...Commission by that date....
March 19, 2024
EU energy
EU quartet warns German gas transit costs will fuel need for Russian imports
...The commission said it was aware of “the concerns expressed by various parties” about the German levy, citing “the protection of the internal market and the avoidance of market fragmentation”....
February 22, 2024
Letter
Letter: Berkshire Hathaway’s risk cannibalism challenge
...Warren Buffett and Berkshire Hathaway Energy’s experience of potential significant liability for wildfire damage (“Buffett sounds alarm on wildfires as utilities industry feels the heat”, Report, March 2...
March 15, 2024
Moral Money
Tesla share price surge highlights electric vehicle investors’ jitters Premium content
...Since 2022, Tesla has dropped the price for its Model Y sport utility vehicle by about $20,000....
April 26, 2024

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