China Dominates Global Renewable Energy, Invest With Kgrn
China has been the world leader for clean energy for over a decade, and continues to expand its renewable energy production as it works to curb still rising emissions and meet net-zero goals set forth by President Xi Jinping. Investors looking to capture the opportunities as demand for renewables within China continues to rise to [...] The post China Dominates Global Renewable Energy, Invest with KGRN appeared first on ETF Trends.
China’s Russian Energy Imports Balloon To $118B Since Ukraine War | The Straits Times
March 21, 2023 11:33 AMRussia has overtaken Saudi Arabia as China's biggest crude oil supplier. : SINGAPORE – In the year since Russia invaded Ukraine, roiling energy markets across the globe, China’s appetite for Moscow’s oil, gas and coal has grown apace, with imports rising by more than half. Beijing’s spending on Russian energy, including crude oil and related products, coal and natural gas, ballooned to US$88 billion (S$118 billion) in the year to February, according to Chinese Customs figures, replacing other buyers that have shunned Russian exports because of the war.
Why Are Electricity Prices Set To Rise In Some States? What Can I Do To Save On Electricity? - Abc News
Power bills look set to rise for many Australians from July — but that all depends on where you live and which energy provider you're with.
Domestic Aluminum Players Need To Invest To Meet Net Zero Target: Icra | Business Standard News
Domestic aluminium players would need a substantial increase in their renewable energy or low carbon-intensive power sources to meet their ambitious targets of 25 per cent reduction in carbon emissions in the next five-seven years and achieve net-zero status by 2050, ICRA said on Monday. "Domestic aluminium manufacturers have the highest carbon intensity of nearly 17-20t CO2e/tonne of aluminium, owing to the significant use of coal in generating captive power," ICRA said.
Rice Acquisition Corp Ii: A Jv Aiming To Be The World's Largest Clean Energy Supplier
Rice Acquisition Corp II (NYSE:RONI) is a joint venture between several world-class companies that see the opportunity to develop a new US technological innovation into the most important energy company in the world. The Rice Brothers are bringing together Baker Hughes (BKR), Occidental Petroleum (OXY) Constellation (CEG), and smaller partner 8 Rivers with a plan to replace the world's base energy generation with new zero-emission LNG fuelled power stations. They are targeting a market with more than $1 quadrillion of value and seem to believe they can win all of it.
Texas Energy Company Paying $3.4B For Nuclear Plant Owner
Amid a federal corruption case, a company that owns nuclear plants in Pennsylvania and northern Ohio will be sold for more than $3.4 billion to a Texas-based company.
Vistra Buying Energy Harbor Corp. For $3B
Vistra Corp. VST said Monday it will pay $3 billion to acquire Energy Harbor Corp. and combine it with a new unit called Vistra Vision, a retail electricity and zero-carbon generation company. Vistra Vision will own four nuclear power plants with 6,400 megawatts of power, with a renewables and energy storage portfolio. Energy Harbor’s two largest shareholders, Avenue Capital Group and Nuveen, will receive a combination of cash and the 15% ownership interest. Vistra Vision will assume $430 million of net debt from Energy Harbor in the transaction.
Adani Stuffs Power Plant With $1.3B Debt That Won’t Go Down | The Straits Times
March 06, 2023 8:32 AMThe Mundra power plant that supplies electricity to millions of homes encapsulate the questions swirling around the Adani Group.
Nippon Steel Could Buy More Stakes In Coking Coal And Iron Ore Mines - Cna
FILE PHOTO: The logos of Nippon Steel Corp. are displayed at the company headquarters in Tokyo, Japan March 18, 2019. Picture taken March 18, 2019. REUTERS/Yuka Obayashi TOKYO : Nippon Steel Corp could buy more stakes in coking coal and iron ore mines even after its recent decision to invest in a Canadian mine, as it sees a risk of commodity prices staying high, an executive at the world's No.4 steelmaker said.
Duke Energy Carolinas Seeks Big Rate Increases For Gas Costs
A Duke Energy Corp. subsidiary for North Carolina electric customers has asked state regulators to let it raise residential rates by 16.6% in the coming months largely to recover their fuel costs, particularly natural gas. Duke Energy Carolinas serves customers in western and central North Carolina, including Charlotte, Durham and the Triad. Its annual fuel filing Tuesday with the state Utilities Commission also would raise industrial and commercial rates by double-digit percentages as well. Duke Energy Progress will make its annual fuel filing in June.