Africa: World Bank, Afdb To Offer Electricity To 300 Million Africans
[Vanguard] The World Bank and the African Development Bank (AfDB) are partnering to provide electricity access to at least 300 million people in Africa by 2030.
Clearbridge Esg Investment Strategy Q1 2024 Portfolio Manager Commentary
Artificial intelligence (AI) is transforming the investment landscape, and while its rapid development sparks some valid social and environmental caution, it also brings with it enormous potential for helping sustainability goals, with better data to improve energy efficiency, optimize renewable energy, make agriculture more sustainable and improve human health. ClearBridge is closely watching these opportunities even while we observe AI's energy intensity and social dimensions as the phenomenon plays out in our portfolio companies across sectors. On the regulatory front, the world's first comprehensive AI law, the EU's AI Act (AIA), will come into force later in 2024.
Cheap Natural Gas Means Lower Electricity Prices Except In Texas
Texas charged consumers the highest electricity prices in the nation in 2023 despite producing the most and cheapest natural gas in the nation.
Vinci Invests €50M In Natpower Sa, Expands Renewable Energy Portfolio
(IN BRIEF) VINCI, a leading infrastructure and construction company, has completed a €50 million investment in NatPower SA, a renewable energy platform operating in Italy, Great Britain, and the United States. This investment involves acquiring 10% of NatPower SA’s share … Read the full press release →
Nv Energy Promises Las Vegas Customers Its Rates Will Go Down In 2025 | Energy | Business
The utility says energy rates should decline throughout the year. Here’s why. :
In an email to ratepayers on Wednesday, NV Energy CEO Doug Cannon said customers should see some of the electric rates in their bills fall throughout the year. The average customer’s electric bill in Southern Nevada should be 15 percent lower at the end of 2024 compared to the end of 2023, he said. The promised reduction was attributed to a continued decline in natural gas prices.
California Cuts Interconnection Costs For Distributed Solar Developers That Agree To Export Limits – Pv Magazine International
By agreeing to limit exports to the grid at peak generation hours, distributed energy resources like rooftop solar and energy storage can now avoid delays and costly infrastructure upgrades.
Warnings Of Gas Shortages From 2028 As Aemo Rings Alarm On Plunging Production - Abc News
Australia's energy market operator says the closure of a giant Victorian gas plant within years risks tipping supply into a shortage, but not everybody agrees.
Spanish Energy Giant Iberdrola Offers To Buy Rest Of Cmp Parent Company For $2.5B
It's unclear what, if any, impact the deal would have on the customers of Central Maine Power Co., the state's largest electric utility.
Nv Energy’s Greenlink Nevada Transmission Over Budget, Could Cost $2.9B | Energy | Business
The massive Greenlink Nevada transmission project is coming in over budget and could cost $2.9 billion to develop as construction costs have increased in recent years.
Uk's Ceraphi Acquires Former Shale Developer's Assets
CeraPhi Energy has acquired the business of Third Energy, a former shale gas development company planning to repurpose its existing wells into geothermal energy centers.