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...The popular 500 Utility Black, which fetch an average of €268 a pair on online reseller platform StockX.com, sold in Europe within hours, they added....
Also in today’s newsletter, one solar company thinks it has what it takes to go public — despite a down market for the sector
...Persis Love Patrick Temple-West writes about corporate governance for the FT. Thanks, Patrick. Patrick Temple-West Thank you....
...In December, these nations committed $4.2bn to develop a secure, reliable global nuclear energy supply chain, mainly focused on enhancing enrichment and conversion capacity in the west....
...The utility showed “complacency” and a “lack of understanding” of its own water supply system before the drought....
...The bankruptcy filing described the trade as wood pellet purchases Enviva promised to make from a division of German utilities giant RWE....
...The west’s sluggish progress on nuclear — which slowed dramatically after the Fukushima nuclear accident in Japan in 2011 — contrasts with a rapid rollout of atomic power in China....
...One of the world’s biggest producers of wood pellets sold to power utilities has filed for US bankruptcy, a downfall for a business seen by investors as a promising source of green energy....
...PacifiCorp joins other utilities confronting emerging risks from climate change including hotter, drier weather that make wildfires more likely — especially in the US west....
...The utility is also being investigated by Ofwat over the accuracy of information it provides on leakage and water consumption....
...The cash for the new fund comes from £11mn in fines for sewage pollution incidents collected since 2022 from five companies: South West Water, Thames Water, United Utilities, Anglian Water and Yorkshire...
...Plus, Warren Buffett is sounding the alarm over wildfires and the utilities industry....
...AWS will buy electricity from the Susquehanna nuclear power station, which is 130km north-west of Philadelphia, under a 10-year power-purchase agreement....
...Consider that in West Virginia alone, already planned data centres have been described as needing several large nuclear power plants’ worth of energy to run....
...Two US utilities in the west, PG&E and Hawaiian Electric, have faced steep financial distress from wildfire liabilities in recent years....
...That is, of course, unless and until replacement mining and enrichment capacity is built in the West....
...The bosses of five — Thames Water, Welsh Water, Yorkshire Water, South West and Southern Water — gave up their bonuses in recognition of pollution issues but have failed to make similar pledges this year...
.... — Patrick Temple-West The Moral Money Summit Europe is returning to London on May 22-23....
...Large constituents in the index, such as Danish groups Vestas, the wind turbine maker, and Ørsted, the renewables-focused utility, are down 29 per cent and 27 per cent respectively so far this year....
...Douglas Ross, leader of the Scottish Conservatives, branded the move a “step in the wrong direction”, while Andrew Bowie, a junior energy minister and MP for West Aberdeenshire and Kincardine, said the decision...
...Indeed, as leaders in solar, wind and EV technologies, Chinese companies harbour considerable ambitions to capture overseas markets in the developing world as well as in the west....
...US benchmark West Texas Intermediate gained about 1 per cent to settle at $83.71 a barrel, its highest level since October....
...There is also strong corporate lobbying from US utility businesses that are eager to keep gas stoves alight....
...Rooftop solar, compared to utility-scale solar, is more likely to be financed by loans and is vulnerable to interest rate increases....
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