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☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Meta, Uber, Netflix, Apollo, Datadog & more
▼ + stars: | 2024-11-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley reiterates Apple, Microsoft and Meta as overweight The firm says "mega-cap tech under-ownership narrows" in the third-quarter but that it's sticking with all three stocks. " UBS upgrades Comfort Systems to buy from neutral UBS says the HVAC company is a beneficiary in tech and data center cooling. UBS upgrades American Water Works to buy from neutral UBS says it sees "consistent" total returns for the water company. " Jefferies reiterates Netflix as buy The firm raised its price target on the stock to $1,000 per share from $800. TD Cowen names Datadog a best idea The firm says the stock is a top idea in 2025.

Persons: Stifel, it's, Morgan Stanley, Okta, –, Jefferies, Uber, Needham, Joby, Piper Sandler downgrades Kraft Heinz, Piper, Kraft Heinz, Piper Sandler, Paul, Tyson, NFLX, TD Cowen, United, Datadog, Scott Thomson, it's bullish Organizations: Nvidia, Apple, Microsoft, Barclays, UBS, Comfort Systems, Works, Edison Electric, Kraft, Apollo, TAM, Netflix, Bank of America, Bank of, Scotiabank, JPMorgan Locations: Bank of Nova Scotia, robotaxis

☆ UK coal-burning for electricity to end as last power plant shuts down
▼ + stars: | 2024-09-30 | by ( Story Associated Press | ) edition.cnn.com time to read: +2 min

CNN —Britain’s last coal-fired power plant will close on Monday, ending 142 years of coal-generated electricity in the nation that sparked the Industrial Revolution. The Ratcliffe-on-Soar station in central England is to finish its final shift at midnight, after more than half a century of turning coal into power. The UK government hailed the closure as a milestone in efforts to generate all of Britain’s energy from renewable sources by 2030. We owe generations a debt of gratitude as a country.”An aerial view of the Ratcliffe-on-Soar Power Station emitting steam on January 10, 2024 in Nottingham, England. An archive image dated to 1964 of Ratcliffe-on-Soar Power Station under construction.

Persons: CNN —, Ratcliffe, Uniper, Michael Shanks, Christopher Furlong, ”, Thomas Edison’s, Dhara Vyas, ” Vyas Organizations: CNN, Britain, Energy, Thomas Edison’s Edison, National Grid Locations: Soar, England, Sweden, Belgium, Nottingham, London, Uniper

☆ Why the Solar Eclipse Will Not Leave People Without Power
▼ + stars: | 2024-03-27 | by ( Ivan Penn | ) www.nytimes.com time to read: +1 min

When the sky darkens during next month’s solar eclipse, electricity production in some parts of the country will drop so sharply that it could theoretically leave tens of millions of homes in the dark. Electric utilities say they expect to see significant decreases in solar power production during the eclipse but have already lined up alternate sources of electricity, including large battery installations and natural gas power plants. Homeowners who rely on rooftop solar panels should also experience no loss of electricity because home batteries or the electric grid will kick in automatically as needed. At 12:10 p.m. on April 8, the solar eclipse will begin over southwestern Texas, the regional electrical system perhaps most affected by the event, and last three hours. “I don’t think anything is as predictable as an eclipse,” said Pedro Pizarro, president and chief of executive of Edison International, a California power company, and the chairman of the Edison Electric Institute, a utility trade organization.

Persons: ”, Pedro Pizarro Organizations: Edison International, Edison Electric Institute Locations: Texas, California

The suits allege that downed power lines operated by the company contributed to the deadliest U.S. wildfire in more than a century. The wildfire risk posed by aboveground power lines is well documented. Lives lost, billions in damagesThe Maui fires have killed at least 115 people with hundreds still missing. But Mitchell said insulating aboveground power lines with a protective covering is also an effective solution that is cheaper and can be rolled out more quickly. There is also technology coming to market that can de-energize power lines automatically when there's a problem, he said.

Persons: Mike Blake, Fitch, Berkshire Hathaway's, Paul Starita, They're, Singleton Schreiber, Alexandra von Meier, von Meier, Marshall, Michael Dougherty, Bob Frenzel, Xcel, Berkshire Hathaway, PacifiCorp, aboveground, Scott Aaronson, Aaronson, Joseph Mitchell, Mitchell Organizations: Reuters Electric, Hawaiian Electric, National Weather Service, Hawaii Electric, . Pacific Gas & Electric, PG, Xcel Energy, U.S . Forest Service, University of California, Moody's, Fitch, Electric, Alcohol, Tobacco, Firearms, Explosives, Xcel, Marshall Fire, Marshall, Boulder, Labor, Fire, American Society of Civil Engineers, ASCE, The Edison Electric Institute, California Public Utilities Commission Locations: Lahaina, Maui, Hawaii, U.S, Maui County, Hurricane, California, Berkshire, Berkshire Hathaway's PacifiCorp, Oregon, Colorado, Berkeley, Minnesota, Boulder County, Paradise, Golden

This undated handout image shows the carbon sequesterization unit at American Electric Power Company's Mountaineer Plant near New Haven, West Virginia. REUTERS/Tom Dubanowich/Handout /File PhotoAug 8 (Reuters) - U.S. power plant owners warned the Biden administration on Tuesday that its sweeping plan to slash carbon emissions from the electricity sector is unworkable, relying too heavily on costly technologies that are not yet proven at scale. Proposed in May, the EPA plan would for the first time limit how much carbon dioxide power plants can emit, after previous efforts were struck down in court. Industry is particularly concerned about proposed standards for existing natural gas power plants, saying those facilities would be hard to retrofit with CCS, or hydrogen, due to space constraints and other limitations. The EPA's proposal had been crafted to reflect constraints the Supreme Court imposed on the agency after it ruled an Obama-era power plant proposal went too far by imposing a system-wide shift from fossil fuels to renewable energy.

Persons: Tom Dubanowich, Biden, EEI, Joe Biden, Jim Matheson, Nichola Groom, Valerie Volcovici, Sharon Singleton, Marguerita Choy Organizations: American Electric Power, Edison Electric Institute, U.S . Environmental Protection Agency, EPA, Task Force, Natural Resources Defense, National Rural Electric Cooperative Association, Labor, United Mine Workers of America, International Brotherhood of Electricity Workers, Thomson Locations: New Haven, West Virginia, U.S, Baltimore, Los Angeles, Washington

☆ Top US utility group opposes emissions plan for existing gas plants-source
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

Companies Edison Electric Institute FollowJuly 31 (Reuters) - The top U.S. utility lobby group intends to push back on the Biden administration's proposals requiring upgrades to existing natural gas-fired power plants to curb climate-warming emissions, two sources familiar with the matter said on Monday. The power industry accounts for a quarter of the nation's greenhouse gas emissions, second only to transportation, according to Environmental Protection Agency (EPA) data. The rules would also regulate coal and new natural gas plants separately. It also said retrofitting those plants for CCS would be "difficult" due to space constraints and other limitations. EEI and others have until Aug. 8 to submit comments on the proposed rules.

Persons: Biden, Joe Biden's, EEI, Brian Reil, Nichola Groom, Valerie Volcovici, Sonali Paul Organizations: Edison Electric, Edison Electric Institute, Environmental Protection Agency, CCS, EPA, Thomson

☆ A New Job for Electric Vehicles: Powering Homes During Blackouts
▼ + stars: | 2023-07-16 | by ( Ivan Penn | More About Ivan Penn | ) www.nytimes.com time to read: +1 min

To some people, electric vehicles are a better option because they can serve multiple functions. Another big advantage: The battery in an F-150 Lightning or the electric Chevrolet Silverado pickup, which is expected to go on sale this year, can store a lot more energy than home batteries that are sometimes installed with rooftop solar panels. Pair an electric truck with a home solar system, the thinking goes, and a family could keep the lights on for days or even weeks. The use of electric vehicles as a source of power has intrigued electric utility executives, including Pedro Pizarro, who heads the board of the Edison Electric Institute, the industry’s main trade organization, and is the chief executive of Edison International, which provides power to millions of homes and businesses in Southern California. Mr. Pizarro’s company and other utilities are testing whether it is practical and safe to send power from electric vehicles to the grid.

Persons: Pedro Pizarro Organizations: Chevrolet Silverado, Edison Electric Institute, Edison International Locations: Southern California

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