Browsing: Energy

US stocks head into Friday under pressure, with S&P 500 and Nasdaq futures pointing lower as investors refocus on global inflation rather than growth worries. The dominant driver is a fresh wave of energy led price pressures out of Europe.

The European Commission has launched a 5 week call for applications for membership of the newly established Energy Transition Investment Council (ETIC) expert group and its National Promotional Banks and Institution (NPBI) and International Financial Institution (IFI) Coordination sub-group.  

Add preferred source China’s National Energy Administration disclosed on October 30 that in the first three quarters, China added 180 gigawatts of renewable energy capacity, accounting for 71.7% of all new capacity, with wind and solar combined making up nearly 70%. As of the end of September, China’s renewable energy capacity reached 2.518 billion kilowatts,…

On Wednesday, the Office of Energy Dominance Financing at the U.S. Department of Energy announced it had closed a $5.1 billion loan package to Alliant Energy—a utility company with over 1.5 million customers across Iowa and Wisconsin—to “lower electricity costs, expand firm power generation, and strengthen grid reliability” in the Midwestern states.