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HomeFinance

Finance

battery storage
Energy Storage

UK’s largest battery storage fund warns of investment risk

April 8, 2024 Mariel Alumit

The UK’s foremost battery storage fund has raised concerns regarding the underutilisation of battery technology within the country’s electricity system, warning of potential repercussions for investment and carbon reduction targets. Ben Guest, Managing Director of […]

Hartlepool
Electrical Generation / Utilities

UK funds Hartlepool nuclear reactor project

April 8, 2024 Mariel Alumit

Plans for constructing reactors in Hartlepool have secured a substantial multimillion-pound investment. Hartlepool is poised to accommodate a collection of mini nuclear reactors within the next ten years. This funding has been allocated to engineering group […]

China
Finance

China’s growth forecast raised

April 8, 2024 Mariel Alumit

  The country’s economy is projected to expand by 5.3% next year, according to a macroeconomic research agency The Chinese economy is expected to grow by 5.3% this year as the property sector recovers and […]

climate
Climate Crisis

Think tank estimates French climate adaptation to cost €5-20 billion per annum

April 8, 2024 Mariel Alumit

  Adapting the French economy to climate change could cost between €5 billion and €20 billion a year by 2050, impacting buildings, road and rail transport and crop farming, according to estimates revealed by government-funded […]

AI

Exxon vs Chevron For The Future of Guyana

April 8, 2024 Andy Del Prado

Daily Standup Top Stories California Emits More Greenhouse Gas Than All Other U.S. States Combined April 6, 2024 Stu Turley California, renowned for its stringent climate policies, has been identified as the leading emitter of sulfuryl […]

Chesapeake Energy
Finance

Chesapeake, Southwestern delay merger closing after FTC seeks more information

April 7, 2024 Michael Tanner

Chesapeake Energy (CHK.O), opens new tab and Southwestern Energy (SWN.N), opens new tab said on Friday the closing date of their proposed $7.4 billion merger has been pushed back to the second half of the year after receiving […]

Chevron
Big Oil Companies

Exxon’s $60 Billion Fight With Chevron Will Reshape Big Oil

April 7, 2024 Stu Turley

The prize is called Stabroek — a series of oil fields off the coast of Guyana, the Latin American nation bordering Venezuela and Brazil. The potential riches are incredible — about 11 billion barrels of oil, worth […]

Maryland
Finance

Funding issue may blow Italy’s offshore wind plans off course

April 6, 2024 Stu Turley

(Montel) Italy’s ambitious offshore wind plans risk faltering due to a lack of adequate government funding, particularly due to the need for more costly floating units, industry experts told Montel. “Offshore plants risk not being […]

Bond Market
Finance

10-Year Yield Hits 4.40% as Bond Market Begins to Adjust to Higher Forever: Higher Rates and Higher Inflation

April 6, 2024 Stu Turley

Suddenly lots of talk the 10-year yield will revisit 5%, which is funny just a few months after Rate-Cut Mania. By Wolf Richter for WOLF STREET. The 10-year Treasury yield rose to 4.40% on Friday, the highest since […]

Jobs
Finance

Behind Today’s Stellar Jobs Print: It Was Literally ALL Part-Time Jobs (And Illegals)

April 5, 2024 Mariel Alumit

First things first: unlike the last two months when both the January and February jobs prints were beyond ridiculously manipulated and goalseeked to pass a terrible number as a strong one, the March print was not a complete disaster. […]

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