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...Gas and power trading has overtaken oil as the biggest source of profits in the sector, contributing almost half of the industry’s gross earnings in 2022, according to Oliver Wyman....
...Despite the tightening, the emissions impact is likely smaller than anticipated due to the exclusion of existing gas plants, the largest source of electricity on the US grid....
...I believe most of the innovation around developing AI models will be driven by open source in the future....
...It is now well documented that art provides a lucrative and untraceable funding source for blacklisted individuals and entities....
...Energy is the world’s indispensable business and Energy Source is its newsletter. Twice a week, Energy Source brings you essential news, forward-thinking analysis and insider intelligence....
...The Arctic is warming up to four times faster than the rest of the planet. With the permafrost thinning and sea ice receding, headlines often herald the opening of a new contentious frontier....
...Rumours of the death of the internal combustion engine are at the moment, greatly exaggerated. The freedom of movement that is new in the history of man....
...Restructuring requires significant investments in new technologies, retraining the workforce, and diversifying sources of revenue. Initially, at least, this might not be popular with residents....
...“The more you standardise the process and the clearer the rules are, the less discretion there is going to be in the regions,” he says....
...Good morning, and welcome back to Energy Source, coming to you from New York....
...Also, the more compact designs of SMRs mean that they don't require access to large water sources to keep them cool. Many mobile reactors have been used to power military vessels at sea for decades....
...How do you turn the Nimbys, the Not In My Back Yards, into the Yimbys, the Yes In My Back Yards, is a major challenge....
...Other parts of the supply chain need to adapt to the huge increases in size and weight....
...Hello, and welcome back to Energy Source, coming to you from New York....
...A bet on dining out may be a quicker source of returns....
...with it.The promise of open-source research is here to stay....
...Reach us at energy.source@ft.com and follow us on X at @FTEnergy. Catch up on past editions of the newsletter here....
...The most sophisticated jewels were made in the 16th and 17th centuries, when the Mughal empire was at its height, writes Kaoukji in her upcoming book Adornment and Splendour: Jewels of the Indian Courts....
...“The weak macroeconomic outlook, however, and tighter financing conditions remain a source of risk for European banks,” it said....
...The truth is that the United States runs on fossil fuels predominantly, and there is no other substitute. So we need to continue to produce, and that might be as we transition to other energy sources....
...“We go from the heights to the sea,” says chef and restaurateur Virgilio Martínez. “With each bite, you are eating a bit of the country: the Amazon, the Andes, the Pacific.”...
...After a prolonged slowdown in nuclear construction, the mean age of France's nuclear fleet is topped only by the United States, when comparing the world's top five fleets....
...First, in the case of blocks of flats, which are the source of most grievances, it is essential for there to be a single termination date for all the flats, even though that date, in the case of the first...
...Musk has since released the model behind his AI chatbot Grok as open source. Other notable open source AI models include Meta’s Llama, which was released to the public after it was leaked online....
...In both the UK and the US, the term “precious coral” — the mostly red, pink, and rarer white coral used in fine jewellery — is marred by confusion....
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