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...According to his LinkedIn profile, he previously worked in government affairs for Cheniere Energy and as a senior adviser to the chief of executive of Tellurian Inc, two companies which pioneered the development...
...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
...The business, best known for oil and gas pipelines, plans to spend $14bn in total on acquiring three natural gas utilities from Dominion Energy. Virginia’s Dominion has been in steady retreat....
...After buying Dominion’s gas utilities, Enbridge’s asset mix will be evenly split between gas and renewables and liquids, the company said....
...But it also poses reliability challenges, which in 2022 forced Dominion temporarily to stop connecting new data centre customers....
...In northern Virginia, the world’s largest data centre hub, power provider Dominion Energy paused new data centre connections in 2022 while it analysed how to deal with the jump in demand, including by upgrading...
...In Virginia — home to the biggest concentration of data centres in the world — Green Energy Partners has made a similar move, buying 640 acres next to Dominion’s Surry nuclear plant....
...“Most of the new demand growth will be met by carbon-free generation resources,” said Xizhou Zhou, head of power and renewables at S&P....
Transaction should transform London-listed company into one of the North Sea’s largest producers
...For Dominion, the deal is also a bet on the transition, allowing it to sharpen its focus on state-regulated electric utilities and free up capital to invest in renewables to meet growing power demand....
Ithaca’s deal with Eni would simply be trading assets around a troubled basin
Also in today’s newsletter, one solar company thinks it has what it takes to go public — despite a down market for the sector
New survey shows geopolitical turmoil, tough macroeconomic conditions and AI spurring shifts in energy markets
...Spanish renewables group Iberdrola has called off its planned $8bn acquisition of PNM Resources, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in...
Xi Jinping hopes manufacturing can offset the property slump
London-listed company given four-week exclusivity period by Italian oil major to make bid
A foray into US dealmaking four decades ago raised the hackles of locals and proved financially disappointing
...“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....
...This includes centralising the distribution of computing power using state-run trading platforms that broker access to cloud computing resources....
...A detailed follow-up from Electrek on Monday reported that Model 2 work had indeed been “completely defunded” and that the project was “effectively scratched right now as Tesla is putting all resources into...
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CVR Energy has paid out $3.2bn in dividends to feared activist’s public investment vehicle
...Analysts said the latest wave of lay-offs showed companies were reshuffling their resources in order to invest in new areas such as generative AI while also showing shareholders there was a continued focus...
...In recent months, Beijing has redirected resources to the manufacturing and high-tech sectors....
Australian pension fund CIO discusses sustainable investing amid political uncertainty
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