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☆ Britain’s ‘ugliest dog’ will feature in ‘Deadpool & Wolverine,’ says Ryan Reynolds
▼ + stars: | 2024-05-07 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —While Marvel fans are excited for the super-heroic teamup between Ryan Reynolds and Hugh Jackman in this summer’s “Deadpool & Wolverine,” there is another character – of the four-legged variety – set to make her debut in the movie as well. “Her real name is Peggy, and she won the award for Britain’s Ugliest Dog,” Reynolds told Empire Magazine in an article published on Tuesday. “It was one of those things where you just keep listening to the movie, and Dogpool became a staple.”According to BBC, Peggy won the unique title of Britain’s ugliest dog in January of 2023. Equipped with her very own “Dogpool” Instagram page, Peggy also appeared in a still from the new movie on Reynolds’ own Instagram in December of last year. “It’s love at first sight,” he told Empire of the bond between his character Deadpool and the pup.

Persons: Ryan Reynolds, Hugh Jackman, Reynolds, “, Peggy, ” Reynolds, Wade Wilson, ”, Dogpool “, Deadpool, Wolverine ”, Dogpool, – Organizations: CNN, Marvel, Empire Magazine, BBC Locations: Leven, Hornsea, East Yorkshire

☆ Bank of America upgrades global wind stock after a brutal 2023, hiking price target
▼ + stars: | 2024-01-16 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Bank of America has upgraded wind energy giant Ørsted from "neutral" to "buy" citing an improved risk-reward profile for the battered stock. However, Bank of America analysts expect Orsted's fortunes to improve in 2024 and have raised their price target from $15.06 per share to $22.80, representing nearly 20% upside from current levels. The upgrade and price target boost come after the stock has already staged a more-than-50% recovery from its November lows. Its remaining U.S. exposure consists primarily of the Sunrise Wind project off Long Island, which still needs state contract approval, according to the bank. Even if Sunrise Wind falls through, the analysts believe the downside to Ørsted shares would be manageable.

Persons: Ørsted, Peter Bisztyga Organizations: of America, Bank of America, Street Locations: Denmark, U.S, Britain, Long

☆ Governments take action to keep offshore wind projects on track
▼ + stars: | 2023-12-05 | by ( Susanna Twidale | ) www.reuters.com time to read: +6 min

[1/2] Scroby Sands offshore wind farm can be seen off of the coast at Great Yarmouth, Britain, October 24, 2018. Investors told Reuters governments have since shown willingness to pay higher prices, helping to restore confidence in the future of the industry. Britain's last auction in September failed to attract any offshore wind projects, with developers saying the guaranteed price on offer was too low. Britain's Octopus launched a dedicated fund with Japan's Tokyo Gas (9531.T) to invest 3 billion pounds ($3.7 billion) in offshore wind projects by 2030. Soeren Lassen, head of offshore wind Research at WoodMac said more than 50 GW of offshore wind tenders globally are planned for 2024.

Persons: Chris Radburn, ”, Jonathan Cole, Corio's Cole, Keith Anderson, Anderson, Marc Hedin, Nathalie Gerl, Germany's RWE, Soeren Lassen, WoodMac, Susanna Twidale, Nichola Groom, Scott DiSavino, Simon Webb, Jane Merriman Organizations: REUTERS, Governments, Investors, Corio Generation, Power, New York, Energy, New York State Energy Research, Development Authority, Aurora Energy Research, Research, Ireland, Aurora, Gas, Thomson Locations: Great Yarmouth, Britain, U.S, New York State, China

☆ Orsted’s losing US bets need rethink of UK plans
▼ + stars: | 2023-11-01 | by ( Yawen Chen | ) www.reuters.com time to read: +4 min

Turbulent news has buffeted the wind sector of late, from faulty turbines at Siemens Energy (ENR1n.DE) to Orsted’s own surprise impairments in August. After that surprise – largely caused by suppliers’ issues – Orsted’s stock price is just a fifth of its 2021 peak of 1,350 Danish crowns. That suggests investors are neither counting on future growth from its U.S. portfolio nor sufficiently factoring in Orsted’s earnings from operating projects. That’s a far cry from the annual average increase of 14% from 2023 onwards implied by Orsted’s EBITDA target of up to 55 billion Danish crowns in 2030. Hornsea Three would require capital investments of 48.5 billion Danish crowns, according to Bernstein.

Persons: Mads Nipper, Nipper, Orsted, Bernstein, Orsted’s, Francesco Guerrera, Oliver Taslic Organizations: Reuters, Siemens Energy, Reuters Graphics Reuters, U.S ., Thomson Locations: SINGAPORE, United States, New Jersey, Danish, U.S . East Coast

☆ Orsted’s issues fan way beyond the United States
▼ + stars: | 2023-08-30 | by ( Yawen Chen | ) www.reuters.com time to read: +4 min

The 16 billion crown ($2.3 billion) overall hit is over half the book value of Orsted’s U.S. operations. And he’s sticking with assumptions that Orsted’s projects can generate returns of up to 300 basis points over their costs of capital. But the $7 billion hit to Orsted’s market value on Wednesday suggests investors don’t see this as a United States-specific headache. On top of this, the increase in long-dated interest rates in the United States affected both offshore as well as some onshore wind projects and will cause impairments of around 5 billion crowns, Orsted added. Orsted’s share price fell 20% to 444 Danish crowns as of 1038 GMT on Aug. 30.

Persons: Mads Nipper, don’t, Orsted’s, Nipper, Sweden’s Vattenfall, Orsted, Orsted hadn’t, George Hay, Oliver Taslic Organizations: Reuters, U.S, Siemens, Thomson Locations: U.S, United States

☆ From black to green: How an oil-and-gas company pivoted to embrace wind energy — and is now raking in billions
▼ + stars: | 2023-04-13 | by ( Freya Graham | ) www.businessinsider.com time to read: +11 min

Like Sykes, it made a transition from black to green — and in doing so, it demonstrated it's possible for big energy companies to pivot to clean energy. To limit the influence of climate change, those emissions need to rapidly decrease — which means that big energy companies need to change their operations. A 2022 study found that 51% of the world's biggest publicly listed energy companies had not set out a strategy to reduce their emissions. Shell, for example, says it has about 50 gigawatts of renewable energy in operation, under construction, or in development. "If we could do the energy transition without them, I wouldn't be doing this," van Baal added.

☆ A green transition will require trillions of dollars. It'll be a 'tall order' to find the cash, but there's hope
▼ + stars: | 2023-04-04 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +3 min

"There's reason for great encouragement in what we've seen ... [happening] in the last year," Mark Dooley, global head of Macquarie Asset Management's Green Investment Group, said. The shift to a low and zero carbon future will require cutting edge technological innovation alongside huge levels of investment. Referencing the global situation, Dooley added: "We've just had our first year, in 2022, where we punched through a trillion dollars going into the energy transition — a trillion dollars." According to the International Energy Agency, clean energy investment will need to hit over $4 trillion a year by 2030 in its Net Zero Emissions by 2050 Scenario. What it calls "transition technologies" would account for 80%, or $35 trillion, of this.

Representatives of the renewable energy sector say those goals could be missed without policy changes, especially as other countries are doing more to attract investment in green power. Rod Wood, managing director at wind energy developer Community Wind Power, is among those seeking changes to the EGL in Britain's March 15 budget. OIL AND GAS SECTOR UNHAPPY TOOOil and gas producers, which have been subject to a windfall tax since May 2022, also want change. Finance Minister Jeremy Hunt, in a meeting in December, rebuffed calls from the oil and gas industry to amend the windfall tax. Meanwhile, Britain's biggest oil and gas producer Harbour , has announced job cuts and shunned the latest licensing round.

Power giant Orsted aims to build a huge offshore windfarm to help the country meet renewable goals. Last year the North Sea Transition Authority (NSTA), which regulates offshore energy activity, concluded that large crossovers between such ventures were unfeasible with current technology. This largely unreported clash risks undermining Britain's drive to meet its climate goals, according to the companies involved and a North Sea green transition expert. The BP-Orsted showdown could also presage similar disputes elsewhere in an increasingly crowded North Sea, the experts told Reuters. There is hope on the horizon for wind and CCS projects that share ground, say regulators and industry experts.

☆ Britain produced record amount of wind power in 2022, National Grid says
▼ + stars: | 2023-01-06 | by ( ) www.reuters.com time to read: +1 min

Companies National Grid PLC FollowLONDON, Jan 6 (Reuters) - Britain’s wind farms contributed a record 26.8% of the country’s electricity in 2022 although gas-fired power plants remained the biggest source of power, National Grid (NG.L) data showed on Friday. Britain has a target to reach net zero emissions by 2050 which will require a huge scale-up of renewable power generation such as wind and solar. The share of wind power in Britain’s electricity mix last year was up from 21.8% in 2021, the data showed, as more wind projects came online. Britain’s gas-fired power plants produced 38.5% of the country’s electricity last year, up from 37.8% in 2021, the data showed. Britain's electricity mix 2022The rise came as the country imported less electricity, with imports making up 5.5% of the total down from 10.3% in 2021.

☆ Britain produced record amount of wind power in 2022 –National Grid
▼ + stars: | 2023-01-06 | by ( ) www.reuters.com time to read: +1 min

☆ Crypto exchanges enabled online child sex-abuse profiteer
▼ + stars: | 2022-11-23 | by ( ) www.reuters.com time to read: +22 min

These sites often included links for users to pay via crypto exchanges, the IWF told Reuters, declining to name companies. “For those people looking to make money from child sexual abuse, crypto has lowered the barrier,” said Dan Sexton, the IWF’s chief technology officer. The Dark Scandals website, owned by Michael Mohammad, instructs users to send tokens to a Dark Scandals digital wallet to purchase content. While banks and payment platforms demanded more details from online merchants, many crypto exchanges for years requested little or no information from clients. The IWF received more reports last year of websites selling child abuse imagery for crypto than any year prior.

The U.S. Justice Department, in a report this September, said many crypto exchanges still "make little or no effort to comply" with know-your-customer requirements. These sites often included links for users to pay via crypto exchanges, the IWF told Reuters, declining to name companies. While banks and payment platforms demanded more details from online merchants, many crypto exchanges for years requested little or no information from clients. Asked at his trial for his opinion of crypto, Mohammad noted, "Privacy is something that a lot of users value." The IWF received more reports last year of websites selling child abuse imagery for crypto than any year prior.

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