NextEra’s proposed acquisition of Dominion Energy comes as Americans are paying a lot more for electricity, and data centers are demanding a lot more power from utilities.
Category: Energy and Power
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War and Energy Shortages Boost China’s Influence in Asia
The war in Iran has left China’s neighbors appealing for help, handing Beijing the kind of sway it has long sought.
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As Oil Prices Stay High, China Doubles Down on Wind Power
An industrial policy of subsidies and import restrictions laid the foundations for China to become almost as dominant in wind turbines as in solar panels.
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The World Needs Natural Gas Now, but the U.S. Is Exporting All It Can
Even the largest global supplier of liquefied natural gas can’t make up for the shortfall since the war in Iran cut off an important source.
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Investors Brace for a New Hormuz Blockade Threat
President Trump’s plan to bar ships from entering or leaving Iranian ports has put markets on edge and added to global economic uncertainty.
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Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.
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A New Oil Shock Accelerates Return to Nuclear Power
Shocks to natural gas supplies are spurring countries in Asia and elsewhere to rethink their rejection of nuclear energy after the 2011 disaster in Fukushima, Japan.
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Republicans Seek Protections for Oil Giants Against Climate Lawsuits
Utah passed a law to insulate oil companies against efforts to make them pay for their role in global warming. A nationwide version is in the works.
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Why Trump’s Iran Address Failed to Soothe Markets
Oil surged and stocks sold off after the president delivered an unclear case for continuing the war in the Middle East.
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Markets Bet Big on a Quick End to the Iran War
Global markets rallied as President Trump signaled that the United States may stop fighting soon. But big questions remain about lingering damage.