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...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
...EPRI, an energy research organisation, appointed Vince Sorgi, chief executive of PPL Corporation, as chair of the board....
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...Project delays and cost overruns also sapped confidence in the industry and forced several high-profile US companies, such as Centrus Energy Corp and Westinghouse Electric Co, to file for bankruptcy....
...“People understand the benefits and there are a lot of people with open minds,” said David Durham, president for energy systems at Westinghouse Electric, a US nuclear power company....
...Patrick Fragman, chief executive of Westinghouse Electric Company, said the timelines advanced by some industry players were “a little bit aggressive, if not unrealistic” due to the complexity of the sector...
...Shares of aluminium producer Alcoa fell 5.4 per cent after it made a $2.2bn offer to acquire Australian mining corporation Alumina Limited....
...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...
...That gives Beijing a near-monopoly on permanent magnets used in electric vehicles, wind turbines and fighter jets....
...A combination of technological change, globalisation and the emergence of a new type of investor has changed the face of American capitalism, replacing one-time leaders such as General Electric and Du Pont...
...Xiaomi sales surged 34 per cent to attain a 14 per cent market share, as the Beijing-based electronics group experienced a wave of publicity surrounding the debut of its electric car....
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...Besides, it seems the argument was developed mostly by focusing on utilities and grid, ie electric power generation, which have long depended on fossils....
...Vogtle deployed Westinghouse’s new AP1000 reactor design and was the first nuclear reactor the country has built from scratch in more than three decades....
...Jim Robb, chief executive of the North American Electric Reliability Corporation, the regulator, is exactly right to say there’s an urgent need to build more transmission lines to satisfy the present and...
...The metal is heavily used in renewable energy projects and electric vehicles....
...The moves come after a judge in Delaware, Kathaleen McCormick, voided a planned $56bn pay award from Tesla, the electric-car company he runs, late last month....
...Investors will also be looking for changes in focus at Elon Musk’s company after reports it was slowing plans for a cheaper electric car in favour of self-driving “robotaxis”....
...Bill Jackson, senior director at Indium Corporation, a New York-based supplier of materials to electronics companies, expected a “slow loosening [of restrictions by Beijing] and allowing of material back...
...Silicon Box, valued recently at $1bn, plans to produce chips for artificial intelligence, electric vehicles and high-performance computing in a greenfield facility in northern Italy....
...Electric vehicles can cause a price shock for keen buyers, primarily due to the battery costs. China’s aggressive capacity expansion on batteries is two-pronged....
...Democratic president won’t be looking at 10 per cent tariffs, but they may very well pressure Europe to join new trade actions and alliances in areas such as transport and logistics, critical minerals or electric...
...Activists invested in Toshiba in 2017 after the company suffered massive losses on Westinghouse Electric....
...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...
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