Energy Update
S&P said in May: “We believe that a decision to go ahead on the Hinkley Point C nuclear newbuild would likely lead to a one-notch rating downgrade given the embedded high execution risks and significant investment needs.”
If Hinkley Point C proceeds, it points to a future UK generation mix heavily reliant on fixed-cost generation and provides a bleak outlook for gas-fired operators, CCS and new forms of renewables like tidal power.
Sept 19 (Reuters) - Elon Musk-led Tesla Motor Inc
said on Monday its proposed acquisition of SolarCity Corp
could be delayed due to shareholder lawsuits
challenging the deal.
TUNIS, Sept 19 (Reuters) - British gas company Petrofac is
threatening to leave Tunisia and end its investment if protests
over jobs that have disrupted gas production for nine months are
not stopped immediately, government officials said on Monday.
TORONTO, Sept 19 (Reuters) - Canada's main stock index rose
on Monday as higher oil prices boosted the stocks of energy
companies, while big banks also gained as investors bet that the
U.S. Federal Reserve will hold rates steady this week.
Over the summer, a unique coalition came together in California to draft a plan to make the state’s clean energy economy more equitable for low-income renters. If state energy officials adopt the coalition’s proposed plan, it will put in place a groundbreaking strategy for providing greater access to clean energy technologies like solar and energy storage, thus improving the economic and energy security of low-income households and disadvantaged communities.
BAHAWALPUR, Pakistan, Sept 19 (Thomson Reuters Foundation) -
An effort to boost large-scale solar energy production in
Pakistan has hit a roadblock after the government cut the rate
it pays for solar electricity, frustrating investors.
PARIS, Sept 19 (Reuters) - French gas and power group Engie
is considering the future of its liquefied natural
gas (LNG) business, which could lead to a reorganisation and
maybe a sale, the firm's CGT union said on Monday.
Sept 19 (Reuters) - TerraForm Global Inc and
TerraForm Power Inc, the "yieldcos" of bankrupt solar
company SunEdion Inc, said on Monday that they were exploring
strategic alternatives, including a sale of their entire
business.
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