The British government provided guaranteed electricity prices to a group of wind farm developers in what it says is an effort to bring down power costs for consumers.
Category: Energy and Power
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Cheap Solar Is Transforming Lives and Economies Across Africa
Chinese panels are now so affordable that businesses and families are snapping them up, slashing their bills and challenging utilities.
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Trump Media Merger With Nuclear Fusion Firm Raises Ethics Questions
Trump Media plans to merge with a company developing nuclear fusion technology, putting the president’s financial interests in competition with other energy companies over which his administration holds sway.
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BP Names New Boss After Its C.E.O. Steps Down
Meg O’Neill of Australia’s Woodside Energy will lead the London energy giant, replacing Murray Auchincloss, who will exit after less than two years in the role.
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Hydropower Is Getting Less Reliable as the World Needs More Energy
Demand for power is growing fast, but hydro plants, the oldest source of clean energy, are struggling because of droughts, floods and other extreme weather linked to climate change.
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Trump Administration Backs Plan for New Nuclear Plants
The federal government announced that it would back an effort to build several Westinghouse nuclear reactors, but offered few details.
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Does Your Electric Bill Keep Going Up? We Want to See It.
Utility rates are rising in many places across the country, and we’re continuing to report on the causes and impacts.
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Renewable Energy Is Booming Despite Trump’s Efforts to Slow It
With federal subsidies ending or becoming hard to claim, companies are racing ahead with solar, wind and battery projects.
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Orsted to Cut 25% of Staff as Prospects for Wind Power Diminish
Battered by delays, higher costs and attempts by the Trump administration to block its projects in the United States, the Danish company is retreating to its base in Europe.
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Base Power, a Battery-Focused Power Company, Raises $1 Billion
The company, which leases out residential batteries as well as sells energy, is betting that it can profit from a new approach to soaring energy demands.
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France’s Energy Giant Sees Opportunity in the Volatile Electricity Market
Hoping to help grid operators adapt to changes buffeting the power markets, TotalEnergies is assembling a portfolio of battery farms and natural-gas-fired power plants.
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In Coal-Powered West Virginia, Sky-High Energy Costs Strain Residents
As residents’ electricity prices have increased, nearly one out of five customers of the leading utility company in the state is behind on monthly bills.