Hints and tips:
...Within months NRG had announced $1.1bn in cost savings and almost $3bn in divestitures — including fossil fuel generation business GenOn, which it had acquired in 2012, and its stake in NRG Yield, which...
...Instead, they make a commitment to provide $100mn to the manager (the General Partner, or GP) as and when the GP wants it. It can take years before all the money is invested....
...The British Medical Association ultimately proved less obdurate than its US counterpart, for which generations of Britons must be grateful....
...Roger Goodell, commissioner of the NFL, said the deal reflects the league’s ambition to expand its digital footprint and “is yet another example of us looking towards the future and building the next generation...
...JH: I remember doing mobile maps on the generation of smartphones before the iPhone — [when] they were just starting to add GPS to mobile phones. And it didn’t work very well....
...to lure as much generation as possible on to the grid....
...NRG, which owns a dozen Texas gas, coal and nuclear generating units with a capacity of 12GW, said that “power generation from fossil, renewable, and nuclear sources were all affected by the cold”....
...The collapse in generation led some politicians to blame renewable energy sources to the exclusion of others....
...Debt was another of Morrison’s pet hates, but supermarkets’ cash generation allows for high leverage....
...The Covid-19 pandemic has caused a groundswell of change in consumer habits, with a wholesale shift to digital....
...Grid operators have been attempting to square some states’ aggressive efforts to rein in emissions with market rules that reward the cheapest sources of generation....
...How this happened is often traced back to 2010, when Google signed its first wholesale clean energy deal, also known as a power purchase agreement....
...Ferc issued its order after the generation company Calpine complained that PJM was suppressing wholesale electricity prices by allowing subsidised resources to compete with state help....
...“Berkeley's focus on quality over volumes sustains higher margins, supporting free cash generation and shareholder returns,” says BoA....
...Citadel’s latest volumes put it in league with physical commodities merchants such as Vitol, which bought 549.7bn cu ft and sold 541.3bn of wholesale US gas in 2017, it told FERC....
...Gary Styles, director at GPS Economics: It looks more likely that output will return to pre-Covid-19 levels during 2022 rather than 2021....
...A capital infusion from GP deals provides the power for funds to keep expanding, professionalising and moving beyond the founder generation....
...That is about twice current wholesale prices and more than the £57.50/MWh promised to the latest UK offshore wind farms with shorter 15-year contracts....
...The flood of cheap gas released by the US shale boom has driven down wholesale power prices and made it more difficult for nuclear plants to compete with gas-fired generation, while the sluggish economy...
...Its key features are a proprietary locking system and GPS navigation technology. GPS allows users to see which bikes are nearby and hold them for up to 15 minutes until they get there....
...NRG, the second-largest US power producer, has about a quarter of its generation capacity in Texas and has been reshaping its business so it relies less on squeezed wholesale power prices....
...Mr Smith says: “Millennials are starting to have an impact, but there isn’t a wholesale shift [in asset management] yet.”...
...While the world watches Australia, big hurdles remain — especially companies that have been running settlement infrastructure for a generation....
...According to Bernstein, NRG Energy will have a revenue increase equal to 62 per cent of earnings, Calpine 18 per cent and Exelon 16 per cent....
...Al Gore’s Generation Investment Management said it had cut its stake in the white goods retailer to below 4 per cent with the sale of 5.1m shares....
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