AES Andes, a utility operating in South America owned by AES Corporation, has revealed plans to convert 560MW of thermal power generation into a molten salt-based energy storage plant in Chile. The firm has submitted […]
By Scott Skyrm, Executive Vice President at Curvature Securities If you can answer two questions correctly, you might have a unique insight into the direction of monetary policy over the next few years. Does the […]
October, a month that is typically associated with celebration and festive fervour in India, came with some unexpected news for those who track global finance. In the first week, reports said that one of the […]
Efforts at curbing greenhouse gas emissions could be more effective if energy companies could get a sharp grip on how investors measure climate risk in their portfolios. A recent paper by experts at Wharton and elsewhere published […]
On Monday the European Union announced that it has approved a military training mission for thousands of troops that will take place in Europe, along with almost $500 million more for arms purchases. The purpose, […]
By Michael Every of Rabobank How Now Br?ning Cow? “How now brown cow” is a phrase used in elocution teaching to demonstrate the rounded vowel sound /a?/ since at least 1926, but today seen as […]
From Garfield Reynolds, Bloomberg Markets Live reporter and analyst The fate of pension funds at the heart of the recent gilts meltdown is a chilling warning for any bond investors trying to rely on historical […]
It was another overnight emotional and markets rollercoaster session thanks to the constant chaos of newsflow and confusion out of the UK. Just around midnight ET, the Financial Times reported that the Bank of England […]
Two subsea pipelines connecting Russia and Germany were blown up last month. The explosions were so powerful that Swedish and Danish authorities said seismic devices in the Baltic Sea region recorded the magnitude of those […]
Authored by Charles Hugh Smith via DailyReckoning.com, We blew it. That’s right, we blew it. What do I mean? Rather than investing in a sustainable mix of energy and in increasing the productivity of […]
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