Energy Update

Technology is transforming the world as we know it – and decision-making at leadership level needs to adapt too during the Fourth Industrial Revolution. That’s the view of CEOs

The power industry is facing a nuclear power dilemma, according to a report published by The Union of Concerned Scientists. UCS assessed the economic viability and performance of nuclear power plants operating in the United States and concluded that the retirement of these plants will likely result in the adoption of coal and natural gas for baseload power generation, two energy sources that contribute to carbon dioxide emissions.

Nottingham has launched an ambitious policy as green as Robin Hood’s famous tights in a bid to become the UK’s first carbon-neutral city by 2028. The East Midlands

On January 14, 2019, California’s largest utility, PG&E, filed a bankruptcy notice stating that it plans to file for Chapter 11 bankruptcy by the month end on January 29th. Given its business situation, PG&E must proceed with the bankruptcy process unless lawmakers step in because PG&E’s current liabilities from California’s 2017 and 2018 fires are about 10 times PG&E’s current market cap of $3.5 billion, which is down 90% since last Fall.