Energy Update
PARIS, Dec 8 (Reuters) - Norway's $850-billion wealth fund, the world's largest, has sold out of some electricity producers in the course of 2015, its CEO told Reuters on Tuesday, without saying how many and which ones.
Arriving at NRG Energy Inc.’s Ivanpah solar electric generating system while it is making power is nothing less than an awe-inspiring experience.
PARIS, Dec 8 (Reuters) - Norway's $850-billion sovereign wealth fund, the world's largest, would target investments in renewable energy, the transport sector and grids, if it were allowed to invest in unlisted infrastructure, the fund's CEO told Reuters on Tuesday.
As prices for energy storage systems continue to creep downward, utilities are recognizing the value it brings to commercial customers for peak shaving and for the utility itself for grid balancing. This week, Duke Energy Renewables announced an alliance with Green Charge Networks, a provider of commercial energy storage for retail, industrial and government customers to provide solar customers access to energy storage solutions.
MONTREAL/TORONTO, Dec 8 (Reuters) - Canadian Pacific Railway on Tuesday revised its bid to buy U.S.
LONDON, Dec 8 (Reuters) - From the Swiss franc's record rise in January to the near certainty of a historic U.S. interest rate hike in December, 2015 was a far more volatile year for financial markets than most predicted 12 months ago.
PARIS, Dec 8 (Reuters) - Among the stumbling blocks for a global climate deal in Paris is a decades-old U.N. view that divides the world into two camps -- wealthy countries that bear the financial responsibility for climate change and developing nations that do not.
PARIS, Dec 8 (Reuters) - Britain's KiWi Power is the kind of startup that should give utilities nightmares.
ATHENS, Dec 8 (Reuters) - Greece's leftist government will clinch its first big privatisation deal when German airport operator Fraport signs a 1.2 billion euro ($1.3 billion) deal this month to lease and manage 14 provincial airports, the head of the country's privatisation fund said on Tuesday.
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