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...The North American Electric Reliability Corporation, a regulatory body, has sharply increased projections for peak power demand for the next decade, reversing steady or falling growth rates from previous...
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...National Grid paid £7.8bn in 2021 to buy Western Power Distribution, a regional group, from US company PPL....
...China’s state-owned giants, China National Nuclear Corporation and China General Nuclear Power Group, are also expanding rapidly....
...Someone pitches you on a “new” technology: it’s green, safer than nearly every other source of energy, and produces the most reliable base load electric power possible....
...Besides, it seems the argument was developed mostly by focusing on utilities and grid, ie electric power generation, which have long depended on fossils....
...Plain, steady state generators can provide the balance of electric power needed. Nuclear, despite the long build times, costliness and safety concerns, should win out....
...Jim Robb, chief executive of the North American Electric Reliability Corporation, a regulatory body, told the Financial Times that the explosion in data centres is “very, very real” and utilities are having...
...In an effort to prevent a replay of this in the electric vehicle market, Brussels is launching an anti-subsidy investigation into Chinese electric cars....
...Kansai Electric, a utility company, is on the verge of setting up a London trading team, two people familiar with the situation said. Kansai Electric declined to comment....
...“What we are seeing within this transformation of the economy is sectors blending together to deliver low carbon solutions, such as storage, utility software and electric vehicle (EV) charging.”...
...Nikola appointed Thomas Okray as the new chief financial officer of the hydrogen electric vehicle truckmaker....
...Corporations, meanwhile, get a chunk off their tax bill....
...Electric vehicles, by comparison, convert more than 77 per cent of the electrical energy taken from the grid....
...Smart read The boss of French car giant Stellantis has warned that an electric vehicle price war risks creating a “bloodbath” in the auto industry, report Steff Chávez and Peter Campbell....
...As the FT’s Alice Ross noted last month, some of these do little more than “buying utilities with stable returns”....
...As Martin Wolf pointed out recently, they should be seen as quasi-utilities: We get pretty upset if all the electricity got cut off because our electric utility failed to manage perfectly obvious risks....
...Martin Wolf We get pretty upset if all the electricity got cut off because our electric utility failed to manage perfectly obvious risks. And in the same way, we expect banks to continue to function....
...The UK’s National Grid group last year acquired Western Power Distribution from the US utility PPL Corporation in a deal valued at £14.2bn....
...An assessment by the non-profit North American Electric Reliability Corporation this week found that without “considerable effort” to replenish stocks of oil and LNG, there were concerns as to “whether there...
...WPD was bought by the UK’s National Grid group last year from the US utility PPL Corporation in a deal valued at £14.2bn....
...“By not backing the proposals in the European Council, Germany would be doing a disservice to the corporations that have long since set out on the path to a battery-electric future,” it added....
...He was courted and given special treatment in 2018 by Beijing to kick start an entire domestic electric vehicle supply chain by building Tesla’s Shanghai gigafactory for high-end electric and autonomous...
...The North American Electric Reliability Corporation expects lower-than-average output from hydro generators this summer, putting the west at higher risk of energy shortfalls....
...France responded to Putin’s halting of gas deliveries to its main utility Engie this week by emphasising that its reservoirs were 90 per cent full....
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