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InterviewEnergy crisis
RWE chief warns Europe’s gas security ‘without margin or buffer’
...RWE, which has its headquarters in Essen and is listed in Frankfurt, trades and stores gas and runs a fleet of gas-fired power plants, alongside a growing portfolio of wind, solar and battery plants....
December 4, 2023
UK energy
UK ministers must ‘move faster’ on net zero energy reforms, warns infrastructure tsar
...The NIC wants the government to support “multiple” large-scale plants of that kind and other technologies to help balance the system, as well as developing pipes and storage caverns to transport and store...
February 26, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Moral Money
Why companies are rushing to lock corn and wood underground
...Charm’s idea is to pump bio-oil into those wells for long-term storage, and sell corresponding carbon credits to corporate buyers....
March 27, 2024
Renewable energy
National Grid ‘throttling’ battery storage development with underuse
...Battery storage facilities earn revenue by buying and selling power in the wholesale market and can also be paid by National Grid’s ESO to store and discharge power to smooth out supply and demand....
April 7, 2024
Lok'nStore Group PLC
Lok’nStore agrees £378mn takeover by Belgian-listed rival Shurgard
...Shurgard, which is valued at €4bn and had 301 stores in seven countries at the end of last year, has been on an expansion spree for the past few years, with a particular interest in acquisitions in London...
April 11, 2024
LexUK energy
Avoiding a UK gas comeback requires more energy storage Premium content
...But investors should be thinking about pumped storage hydro and technologies that store energy for hours, if not days, for other reasons....
March 12, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Fashion
Smart looks you can bank on
...Shot at the historical headquarters of Lombard Odier Bank in Geneva, Switzerland. Special thanks to Cristina Benito...
February 29, 2024
News updates from February 20: Walmart flags sales slowdown; China cuts mortgage lending rate
Body Shop administrators expect almost half of stores to disappear
...Insolvency practitioners also said there will be a 40 per cent reduction in headcount at the headquarters in London and they expected to have a future headcount of 400 full-time staff....
February 20, 2024
Donald Trump
New Yorkers’ unvarnished views of Trump aired in ‘hush money’ trial
...lock him up.”...
April 16, 2024
Special ReportFuture of Water
Climate change puts pressure on Kenya’s water resources
...Kenya’s soil and groundwater are a natural form of water storage. However, the country needs more artificial storage. It has to “be prepared for more fluctuation of water”, says Bernhardt....
March 22, 2024
Renewable energy
Can ‘water batteries’ solve the energy storage conundrum?
...Pumped storage has been around for a century. Many facilities, such as Drax’s Cruachan plant in Scotland, were built in the 1960s to store surplus electricity from nuclear plants....
January 9, 2024
KDDI Corp
KDDI bets on Japan’s greying shoppers with bid for Lawson convenience stores
...At the same time, the three have battled for supremacy in technology, as each has introduced more labour-saving automation and attempted to lock customer loyalty in through point schemes and other strategies...
February 6, 2024
Carbon capture and storage3 min
Decarbonising bonus from ancient soil-enrichment | FT Food Revolution
...But the study also concedes that building the thousands of pyrolysis plants and the infrastructure required would be expensive and that the actual amounts of carbon storage and crop yields might differ depending...
December 22, 2023
FT News Briefing podcast12 min listen
Asset managers cool on climate group
...Plus, big food companies are jumping into new farming practices meant to store carbon underground, but there are significant hurdles....
February 16, 2024
News updates from October 20: Biden asks Congress for $100bn security package, 30-year gilts hit quarter-century high
BlackRock-backed US carbon pipeline scrapped in face of opposition
...Navigator CO₂ on Friday said developing its carbon capture and storage (CCS) project called Heartland Greenway had been “challenging” because of the unpredictable nature of regulatory and government processes...
October 20, 2023
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
News in-depthEU energy
Ukraine’s gas storage helps Europe avert further energy crises
...Argus said Poland received more than half the gas pulled out of Ukrainian storage, with the rest used by Moldova, Slovakia and Hungary....
January 2, 2024
InterviewChevron Corp
Chevron plots carbon storage future despite Australia plant setbacks
...When Chevron won approval for Gorgon it promised to store 100mn tonnes of CO₂ over the project’s lifetime and become a standard-bearer for CCS technology and the industry’s dream of continued gas production...
November 17, 2023
Natural gas
Energy companies turn to Ukraine to store gas as EU nears capacity
...EU gas storage alone can meet about two to two-and-a-half months of peak winter consumption....
November 1, 2023
Tesla Inc
Tesla shareholders to vote on moving incorporation to Texas, says Musk
...The plan was intended to lock him into the business at a time when the board was concerned that he might leave to focus on other interests....
February 1, 2024
Personal Finance
Crypto miners poised to dig a little deeper
...But investors should be thinking about pumped storage hydro and technologies that store energy for hours, if not days, for other reasons....
March 15, 2024
Casino Guichard-Perrachon SA
Intermarché and Auchan open talks on buying Casino stores
...Some 2,000 people — largely workers and union representatives joined by local politicians — protested near the company’s headquarters on Sunday....
December 18, 2023
Energy Source
A ‘critical year’ for the UK’s carbon capture ambitions Premium content
...A crucial few months ahead for UK’s carbon capture goals Britain’s ambitions to capture and store a large chunk of its carbon dioxide emissions took a step forward last week, with the government granting...
March 26, 2024
Natural gas
European gas prices cool as traders shrug off cold snap
...The benchmark TTF hit a five-month low in Amsterdam in early January as investors grow increasingly confident the EU’s gas stores will cover the bloc through to warmer weather in spring and beyond....
January 11, 2024
Kering SA
Kering buys Milan building for €1.3bn in Europe’s biggest property deal since 2022
...“We devoted a large part of 2023 to making investments — whether through spending, our investments in stores and in real estate — to strengthen the exclusivity and elevation of our brands,” Kering’s deputy...
April 4, 2024
Carbon capture and storage
BlackRock-backed US carbon pipeline scrapped in face of opposition
...storage site in Illinois....
October 20, 2023

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