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Brazil boosted clean electricity generation capacity by more than 35% from 2017 to 2022Solar power accounted for 6.8% of Brazil's electricity generation in 2023, up from about 4.2% in 2022, according to Ember. But overall power generation in key European economies such as Germany remains well below peaks seen around 2018-19, as power generators face shortages of key power fuels such as natural gas in the wake of Russia's invasion of Ukraine. In turn, restricted power output has kept energy costs elevated above long-term averages, which curbed consumption from energy-intensive industries and hobbled overall economic growth. The fact that Brazil's power sector has managed to overcome those challenges to create a world-leading clean power sector may offer counterparts in other regions clues on how to maintain growth rates. Brazil's new position as the cleanest major power sector may also help challenge assumptions that clean power expertise is concentrated in wealthier economies, and may widen the perspective of power sector developers who are trying to map out energy system expansion plans over coming years.

Persons: Sao Jose da Barra, Paulo Whitaker, Ember, Gavin Maguire, Robert Birsel Organizations: REUTERS, HYDRO, National Electric Energy Agency, Reuters, Thomson Locations: Furnas, Sao Jose, Minas Gerais, Central Brazil, BRAZIL, LITTLETON , Colorado, Brazil, France, Argentina, America, Europe, Germany, Ukraine, Asia

[1/2] Pylons of high-tension electricity power lines are seen at the Olkaria II Geothermal power plant near the Rift Valley town of Naivasha, Kenya February 15, 2018. REUTERS/Thomas Mukoya/File Photo Acquire Licensing RightsLITTLETON, Colorado, Oct 5 (Reuters) - Kenya, currently the eighth largest geothermal power user, has more geothermal power capacity under construction than any other country, and plans to nearly double overall geothermal power output by 2030 as part of ambitious green energy goals. Once current projects are completed, Kenya will rank fourth on the global list of geothermal users behind the United States, Indonesia and The Philippines, and aims to generate over half of the country's electricity from geothermal sites, data from Global Energy Monitor shows. Map of global geothermal power facilitiesHowever, in areas where there is active tectonic plate movement and the Earth's heat can be tapped at relatively shallow depths, geothermal facilities can be a cost effective means to generate abundant clean power. WIDENING REACHRelatively easy access to geothermal sources has motivated Kenya to become a global leader in geothermal site development, and the country has boosted geothermal capacity by 375% from 2010 to 2022, more than any other major geothermal producer, data from think tank Ember shows.

Persons: Thomas Mukoya, Peketsa, Gavin Maguire, Diane Craft Organizations: REUTERS, Global Energy Monitor, Kenya Electricity Generating, International Monetary Fund, United Nations Environment Program, Reuters, Thomson Locations: Naivasha, Kenya, LITTLETON , Colorado, United States, Indonesia, The Philippines, Africa, Ethiopia, Djibouti, East, Eastern Africa

☆ Battered industry may find clean power refuge in Central Europe
▼ + stars: | 2023-10-03 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

CENTRAL EUROPE'S PERKSMuch of Central and Eastern Europe has a reputation for being home to outdated heavy industry that once powered former Soviet enterprises and churned out low grade machinery and appliances. A more recent draw is the emissions profile of some of Central Europe's power sectors. Share of electricity from clean sources in select European countriesThose high proportions of clean power are well above the average for Europe as a whole, and are also above the average for the richer nations within the European Union. Power sector emissions from select Central & Eastern European CountriesHungary's power system is also primarily clean, with nearly half coming from nuclear and over 15% from solar. Comparatively low power sector emissions are expected to trend steadily down as the region rolls out more renewable energy supplies.

Persons: Italy's Enel, Ember, Gavin Maguire, Lincoln Organizations: CENTRAL, Warsaw, Central Europe's, Europe, European Union, Gross, Eastern, International Energy Agency, Reuters, Thomson Locations: Mochovce, LITTLETON , Colorado, Central, Germany, Ukraine, Europe, Eastern Europe, Hungary, Romania, Poland, Slovakia, China, France, Eastern, Russia, Power, Czechia

☆ Taiwan aims to shed dirty power reputation with big wind push: Maguire
▼ + stars: | 2023-09-28 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

WIND POWERED GROWTHSolar power was Taiwan's largest source of renewable energy generation in 2022, with 10.69 terawatt hours (TWh) of electricity produced, compared to 3.53 TWh from wind. In comparison, fossil fuels generated 239 TWh of Taiwan's electricity last year, Ember data shows. REGIONAL REPERCUSSIONSDespite jitters from some developers, overall progress on Taiwan's wind projects continues, and new investments in major offshore ventures were announced just this month by Japanese trading house Mitsui & Co. The continued construction of Taiwan's renewable energy capacity has repercussions for both its domestic power sector and for global fossil fuel export markets. The country's famed semiconductor industry, the world's largest, is aiding the national push for greater renewable energy generation, and has set itself a goal of being powered by 100% green energy supplies by 2040.

Persons: Thomas Peter Acquire, Gavin Maguire, Simon Cameron, Moore Organizations: REUTERS, China, Global Energy Monitor, Japan's, Mitsui, Co, Reuters, Thomson Locations: Taiwan, Pingtan, Fujian province, China, LITTLETON , Colorado, Asia, South Korea, Japan, India, Taipei, Beijing, Kpler

☆ Beaten down US solar sector may be primed for a rebound: Maguire
▼ + stars: | 2023-09-27 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

High interest rates that caused financing costs for panel installations to surge and enduring supply chain disruptions have stifled residential and corporate solar system orders through much of 2023, hammering sector sentiment. SunPower Corporation (SPWR.O), which for nearly 40 years has been one of the largest U.S. residential solar system installers, has been the downside leader in terms of key solar share prices, dropping by nearly two-thirds year-to-date. The company also expects its leasing business - where it leases instead of sells solar panels to households, and charges homeowners a monthly fee - to show continued growth following a 108% expansion in the second quarter. HOME GROWN PRODUCTIONFirms that specialize in the manufacture of key solar components have also seen steep stock price declines this year. Wall Street trackers are also upbeat on the outlook for First Solar (FSLR.O), which is one the few solar sector companies to have had share prices gain year-to-date.

Persons: Roth, Gavin Maguire, Jamie Freed Organizations: SunPower Corporation, Enphase Energy Inc, Reuters, Thomson Locations: LITTLETON , Colorado, California, U.S, United States, Ohio, Alabama

☆ How an Army combat medic pivoted to filmmaking, thanks in part to a Sundance program that fostered directors like Ryan Coogler and Chloe Zhao
▼ + stars: | 2023-09-26 | by ( Reed Alexander | ) www.businessinsider.com time to read: +7 min

The Directors Lab, which goes back 40 years and claims graduates from Quentin Tarantino and Gina Prince-Bythewood to Ryan Coogler to Chloe Zhao, is a supercharged accelerator for new filmmakers. Rashad Frett, right, a member of the 2023 Directors Lab, speaks with Michelle Satter, founding director of the Sundance Institute's Feature Film Program. It's a 20-minute short that screened at the Sundance Film Festival in January; Fretts' time at the Directors Lab was devoted to developing it into a feature, filming multiple scenes. But it took a few tries before his application to join the Directors Lab was successful, he said. Rashad Frett works on his short film "Ricky" during this year's Directors Lab, conducted by the Sundance Institute.

Persons: Rashad Frett, Frett, Quentin Tarantino, Gina Prince, Bythewood, Ryan Coogler, Chloe Zhao, Michelle Satter, who's, Sciences Jean Hersholt, Angela Bassett, Mel Brooks, Carol Littleton, Satter, —, Jonathan Hickerson, he'd, Spike Lee, Ricky, Lin Que Ayoung, It's, Fretts, Sam Emenogu, Joan Darling, Joan Tewkesbury, it's, he's, Reed Alexander Organizations: Army, Sundance, Labs, Hollywood, of Motion Picture Arts, Sciences, New York University, NYU, Sundance Film, Lab, Sundance Institute Locations: New York, Sundance, Utah, New, Hollywood

☆ US thermal coal exports jump to 5-year highs on Asian demand: Maguire
▼ + stars: | 2023-09-25 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +4 min

But the strong exports pace also highlights the enduring demand for U.S. coal even as domestic power producers steadily reduce coal's share of the power generation mix. TOP MARKETSAsia accounted for 48% of total U.S. exports, or around 10.6 million tonnes, with 7 million tonnes going to India, 1.3 million tonnes to Japan, 1.1 million tonnes to China and 600,000 tonnes to South Korea. Europe accounted for 26.6% of U.S. exports, with the Netherlands the second-largest buyer overall with 3.2 million tonnes of imports. Elsewhere, Egypt (1.9 million tonnes), Morocco (1.0 million tonnes) and the Dominican Republic (662,000 tonnes) were other large buyers, underscoring a wide geographic span of markets for U.S. coal so far in 2023. In addition, some major coal producers, including China, may increase coal exports over time even as power producers there follow the U.S. lead and reduce coal use in their own generation mixes.

Persons: Gavin Maguire, Matthew Lewis Organizations: Total U.S, U.S, Reuters, Thomson Locations: LITTLETON , Colorado, United States, China, India, South Korea, Kpler, Indonesia, U.S, Japan, Europe, Netherlands, Germany, Spain, Poland, Egypt, Morocco, Dominican Republic, Philippines, Littleton , Colorado

Uranium stone is seen at a news conference of Macusani Yellowcake and Plateau Energy in Lima, Peru July 16, 2018. Investors in uranium have sharply outperformed investors in clean energy and oil & gas majorsThe significance of that change extends well beyond Finland's power market, which gets over a third of its electricity from nuclear plants. The Global X Uranium ETF , the world's largest ETF exposed to the uranium space, is up 31% year-to-date, while Canada's first uranium ETF, the Horizons Global Uranium Index ETF (HURA.TO), is up over 45%, LSEG data shows. However, even with the broad new backing for nuclear, it is far from certain that a significant increase in nuclear power output will actually materialise. In addition, the cost of building new nuclear plants has sky-rocketed in recent years.

Persons: Macusani, Mariana Bazo, NuScale, Gavin Maguire, Sonali Paul Organizations: Plateau Energy, REUTERS, Finland's Green Party, Green Party, Green, Finland Green Party, World Nuclear Association, Uranium, CME, France's EDF, EDF, Institute for Energy Economics, Reuters, Thomson Locations: Lima , Peru, LITTLETON , Colorado, Spain, Belgium, Sweden, Germany, Kazakhstan, Uzbekistan, Russia, Niger, China, Europe, United States, England, U.S

LITTLETON, Colorado, Sept 20 (Reuters) - Despite the heat waves, wildfires and floods that have amplified calls to accelerate the global energy transition away from fossil fuels, investors withdrew record funds from the world's largest clean energy investment vehicles so far this year. LOST LIMELIGHTA key driver behind the withdrawals from clean energy investment funds this year has been the relative attractiveness of other sectors, such as artificial intelligence. The clean energy space had outperformed other sectors, including technology, over the past two years, and so was likely due for a bit less investor attention this year. However, an equally important factor behind the outflows in clean energy has been the spate of high profile corporate and national disappointments in critical areas of the clean energy industry. In all, weak spots have emerged on key frontiers of the clean energy industry, which have justified the retreat in investment.

Persons: Gavin Maguire, Miral Organizations: Investors, Clean Energy, Outflows, First Trust, Energy, Carbon Energy, Robotics, Intelligence, Enphase Energy, European Commission, EV, Reuters, Thomson Locations: LITTLETON , Colorado, Britain, United States, Gulf, Mexico, U.S

CO2 storage tanks are seen at a cement plant and carbon capture facility in Wuhu, Anhui province, China September 11, 2019. China's cement sector discharged 853 million tonnes of carbon dioxide in 2021, according to the Global Carbon Atlas, nearly six times more than the next largest cement producer, India. The cement sector accounts for roughly 12% of China's total carbon emissions, according to Fidelity International, and along with steel is one of the largest greenhouse gas emitters. China’s cement output hits multi-year seasonal lowsSome cement producers will likely look to boost exports in an effort to offset lower domestic sales, and in July China's total cement exports hit their highest since late 2019. And if that's the case, the sector's emissions will come down too, yielding a rare climate benefit to the ongoing property market disruption.

Persons: David Stanway, Gavin Maguire, Miral Organizations: REUTERS, World Cement Association, Global Carbon Atlas, Fidelity International, China Evergrande Group, Shanghai, China National Bureau, Vietnam National Cement Association, Reuters, Thomson Locations: Wuhu, Anhui province, China, LITTLETON , Colorado, China's, India, Beijing, Vietnam, Turkey, United Arab Emirates, Indonesia

The United States also offers tax credits of up to $7,500 for buyers of new electric cars, and several more for manufacturers of EVs and EV components. And each government views the support they provide as merely also doing "whatever it takes" to keep their own industries competitive. The mere threat of a probe into China's subsidies might actually be enough to slow the pace of imports from China while allowing sales of European cars to pick up further. Shares of major European car producers have heavily lagged U.S. and China EV rivalsIn that way, the EU Commissioner will have provided a valuable service to Europe's manufacturers without needing to actually dig too deeply into China's subsidy practices. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Ursula von der Leyen, von der Leyen, Gavin Maguire, Josie Kao Organizations: EU Commission, European EV, European Union, EV, United, Volkswagen, BMW, Renault, China EV, Reuters, Thomson Locations: LITTLETON , Colorado, Europe, Beijing, European, United States, Germany, China, EU

France's own hefty nuclear power sector - which generates over 60% of the country's electricity - is clearly a key beneficiary of the allowances made by lawmakers as part of the deal which aggressively lifts EU renewable energy usage targets. But all of Europe's nuclear power producers may get a lift from the new deal, which allows for certain non-emitting nuclear facilities to bypass rules relating to hydrogen production. In addition, the EU's apparent acceptance that nuclear power is a key source of low-carbon energy will likely further shore up support for nuclear power. Beyond France, several European countries rely on nuclear power to generate a substantial share of electricity, including Sweden, Spain, Switzerland, Finland, Belgium and Bulgaria. The nuclear sector still has plenty of opponents, who point to decades-long construction times and multi-billion dollar price tags as key reasons why cheaper and quicker-to-build renewable sources may be a better fit for Europe's energy needs.

Persons: Regis, France's, Gavin Maguire, Stephen Coates Organizations: REUTERS, European Union, Beyond, Reuters, Thomson Locations: Agen, Toulouse, France, LITTLETON , Colorado, Europe, Ukraine, Beyond France, Sweden, Spain, Switzerland, Finland, Belgium, Bulgaria, Italy, Germany

☆ Column: TransWest line to recast Wyoming from coal villain to energy hero
▼ + stars: | 2023-09-12 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +4 min

LITTLETON, Colorado, Sept 11 (Reuters) - A 728-mile (1,172-km) transmission line connecting wind farms in rural Wyoming to power consumers in California and Nevada looks set to reshape Wyoming's reputation from coal stalwart to energy transition lynchpin. Wyoming is by far the largest coal producing state in the United States, accounting for more than 40% of total U.S. coal output in 2021, according to the U.S. Energy Information Administration (EIA). Reuters Image Acquire Licensing RightsAs a result, Wyoming has the potential to generate large amounts of wind power that can be exported to more populous areas which lack their own clean energy supplies. RECORD DRIVERThe main engine behind the clean energy that will flow through the TransWest line will be the Chokecherry and Sierra Madre wind energy project, which when completed will be the largest wind farm in the United States. But if the TransWest line can deliver on its promise of efficiently channelling surplus clean power to distant, needy consumers, there is a good chance more such projects will gain the necessary backing.

Persons: Gavin Maguire, Tom Hogue Organizations: U.S . Energy Information Administration, U.S, Reuters, TransWest, U.S . Department of Energy, TransWest Express, Thomson Locations: LITTLETON , Colorado, Wyoming, California, Nevada, . Wyoming, United States, Texas, U.S, California , Arizona, Sierra Madre

☆ Column: US wind power generation breaks out of summer doldrums
▼ + stars: | 2023-09-08 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

REUTERS/Nick Oxford/File Photo Acquire Licensing RightsLITTLETON, Colorado, Sept 8 (Reuters) - After months of low wind speeds in several key wind farm areas, U.S. wind power generation hit its highest levels in nearly five months in early September as wind speeds picked up. The remaining states recorded an average wind generation drop of 7.1%, which contributed to a 3.1% decline in total national wind generation in the January to May period. The shortfalls in wind power have been evident in the output data of major U.S. power pool markets. Reuters Image Acquire Licensing RightsAs these markets cover over 30 U.S. states as well as the areas with the largest concentrations in wind power generation in the United States, the declines in wind power in these power pools had a direct impact on national level wind output, with knock-on effects for power generation mixes across the country. Similarly, any sustained recoveries in wind power generation totals from these key areas will lead to a commensurate rebound in U.S. power generation totals, and may allow for utilities to pare back use of natural gas and other sources of power to make way for more non-emitting wind power supplies.

Persons: Nick Oxford, Ember, El Nino, Gavin Maguire, Shri Navaratnam Organizations: REUTERS, LSEG, Reuters, Reliability, of Texas, El, Climate Impact, National Oceanic, Atmospheric Administration, U.S, Thomson Locations: Big Spring , Texas, U.S, LITTLETON , Colorado, Texas, Texas , Iowa , Oklahoma , Kansas , Illinois, North Dakota, United States, pare, El Nino

☆ Column: India milestone shows its power emissions will surpass Europe's permanently
▼ + stars: | 2023-09-07 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +4 min

High-tension power lines are pictured outside a Tata Power sub station in the suburbs of Mumbai, India, August 8, 2017. At the same time, India's power emissions climbed 4.5% to new highs on the back of record use of high-polluting coal, which generates roughly 75% of India's electricity. SOFT PATCH/HIGH POINT OVERLAPDuring the April-June window, when India's emissions exceeded Europe's, India's total power use levels rose on high demand for air conditioning in the hottest months of the year. These conflicting approaches to energy sector management reflect the starkly different developmental phases of each market. India's government has established ambitious long-term goals for boosting renewable energy generation and lowering power sector emissions.

Persons: Shailesh Andrade, RC1F247F86F0, Gavin Maguire, Muralikumar Organizations: Tata Power, REUTERS, Union, Spain, Reuters, Thomson Locations: Mumbai, India, LITTLETON , Colorado, Europe, pare, Ukraine

☆ Column: US offshore wind goals need policy help to reach potential
▼ + stars: | 2023-08-31 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

LITTLETON, Colorado, Aug 31 (Reuters) - The weak showing at the first auction for offshore wind development rights in the Gulf of Mexico highlights the critical role that policymaking must play in making ambitious long-term climate goals compatible with current commercial realities. SMALL SCALE IMPACTOne of the biggest faults of the Gulf of Mexico wind leases is the absence of a viable pathway for wind power generators to profitably sell their power to electricity providers given current market conditions. In contrast to several utilities in the Northeast, which have state-level mandates to purchase certain volumes of power from offshore wind generators, the power systems covering Texas and Louisiana do not allow for similar power purchase agreements to be drawn up. Currently, there is a policy planning chasm between the Gulf Coast's power market systems and the long-term strategies of that region's largest employers and tax payers. But if legislators and corporate planners can recognise they may both gain from the emergence of a vibrant offshore wind energy sector that could cut power sector emissions and generate green hydrogen in abundance, there may be scope for closer collaboration and planning.

Persons: Joe Biden's, Gavin Maguire, Miral Organizations: Reuters, Thomson Locations: LITTLETON , Colorado, Gulf, Mexico, United States, Joe Biden's U.S, Texas, Louisiana

☆ Column: US offshore wind sector faces key test after weak Gulf auction
▼ + stars: | 2023-08-30 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

REUTERS/Brian Snyder/File Photo Acquire Licensing RightsLITTLETON, Colorado, Aug 29 (Reuters) - The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden's green energy agenda, and the U.S. offshore wind sector in general. U.S. officials had touted the auction as a key milestone in Biden's agenda to make offshore wind a cornerstone of U.S. efforts to fight fossil-fuel-driven climate change. In addition to lower wind speeds and hurricane risks, potential wind farm developers in the Gulf waters must also accommodate relatively lower local power market prices than other parts of the United States, which greatly undermines wind power earning potential in the region. As offshore wind power systems are still in their relative infancy compared with other power sources, the average cost of power generated from offshore sites can be twice the cost of that from a gas-fired plant. Without a viable offshore wind sector, those industries may now struggle to secure the quantities of green hydrogen they may be anticipating in coming decades, and so could look for ways to support the wind sector's development in the years ahead.

Persons: Brian Snyder, Joe Biden's, Biden, hesitancy, Gavin Maguire, Matthew Lewis Organizations: U.S . Coast Guard, REUTERS, Offshore, U.S ., Gulf, Shell, Reuters, Thomson Locations: Rhode, LITTLETON , Colorado, Gulf, Mexico, U.S, Louisiana, Northeast, Texas, United States, U.S . East Coast , New York, New Jersey, Gulf Coast, Gulf of Mexico, Littleton , Colorado

Natural gas is transferred into the SoCalGas system after being collected and purified at a Calgren collection facility in Pixley, California, U.S., October 2, 2019. Through July, the U.S. power sector emitted 495 million tonnes of CO2 from gas-fired generation, a 7.2% increase over the same period in 2022 and 26% more than produced by all of Asia's gas-fired power producers, data from think tank Ember shows. U.S. monthly gas-fired power sector emissionsU.S. gas power emissions are also 51% greater than those of Europe, where shortages of natural gas following Russia's invasion of Ukraine last year has forced power producers to scale back output. In turn, this will likely result in a rise in mid-year emissions alongside continued growth in winter month emissions tied to power generation for heating. This suggests that U.S. gas-fired power emissions may continue to climb in the years ahead, even as clean energy capacity growth continues to accelerate.

Persons: Mike Blake, Gavin Maguire, Sonali Paul Organizations: REUTERS, United, International Energy Agency, European Union, Reuters, Thomson Locations: Pixley , California, U.S, LITTLETON , Colorado, United States, Europe, Ukraine, Asia, India, Indonesia, Japan, South Korea

☆ Column: US power system gets gasier, but not much cleaner, in 2023
▼ + stars: | 2023-08-23 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

Total power generation across the lower 48 states through Aug. 20, 2023 declined by 2.1% from the same period in 2022, data compiled by Refinitiv shows. All major U.S. power markets increased electricity generation from natural gas in Jan-Aug 2023 from the same period in 2022, and cut generation from coal. Output from clean power sources, including renewables and hydro, increased by 12%, despite drops in output from biomass and wind power sources, and a decline in imports from neighbouring states. Clean power sources accounted for a 57.4% share of the CAISO generation mix, up from 50.7% in January through Aug. 20 in 2022. THE NORTHWEST & THE RESTThe Pacific Northwest of the United States had the steepest decline in clean power generation of all the major power markets in the country.

Persons: Carlos Barria, Gavin Maguire, Sonali Paul Organizations: REUTERS, Electric, of Texas, Reuters, Thomson Locations: Mountain View , California, U.S, LITTLETON , Colorado, Jan, National, TEXAS, Texas, CALIFORNIA, California, United States

☆ Column: China's shrewd grab for green energy recycling dominance
▼ + stars: | 2023-08-18 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

Wind turbines and solar panels are seen at a wind and solar energy storage and transmission power station from State Grid Corporation of China, in Zhangjiakou of Hebei province, China, March 18, 2016. GLOBAL REACH WITH BACKHAUL POTENTIALChina's recyclers also have strong international supply lines thanks to the country's vast export-oriented manufacturing sector and resulting dominance in global shipping container trade. ECO-FRIENDLY ECOSYSTEMSChina's plan to develop a large scale recycling sector for the renewables industry is in keeping with the country's practice of developing interdependent ecosystems around key industries. The country aims to develop similar strongholds in auto and electronics manufacturing, and may now extend that framework to the renewables energy sector, which Beijing has identified as a key industry for the remainder of this century. For recycling firms based elsewhere that had been planning to scale up their handling of older green energy equipment, the prospect of a government-backed competitor in China may be a cause for concern.

Persons: Jason Lee, recyclers, China's, Gavin Maguire, Jamie Freed Organizations: Grid Corporation of, REUTERS, Reuters, Thomson Locations: Grid Corporation of China, Zhangjiakou, Hebei province, China, LITTLETON , Colorado, United States, Asia, Beijing

☆ Column: India's coal emissions set for new highs on low-grade imports
▼ + stars: | 2023-08-17 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

Roughly 80% of India's thermal coal imports over the first half of 2023 came from Indonesia, South Africa and Russia, known for primarily exporting low-quality thermal coal which emits CO2 and sulphur dioxide when burned in power stations. India thermal coal imports from key supplierAround 7% of India's thermal imports came from Australia, supplier of some of the cleanest-burning coal on world markets. IMPORT SWINGSIndonesia has long been India's dominant supplier of energy coal, providing an average of 60% of the country's total thermal coal imports from 2017 through 2020, data from Kpler shows. That resulted in a rebound in India's total coal imports over the opening half of 2023 from the latter months of 2022. However, cost-sensitive power producers in India have prioritised ensuring coal supply over lowering coal-fired emissions, resulting in a deterioration in India's coal-fired power sector efficiency and a continuing climb in emissions.

Persons: Amit Dave, Ember, Gavin Maguire, Josie Kao Organizations: REUTERS, Reuters, Thomson Locations: Indian, Ahmedabad, LITTLETON , Colorado, Indonesia, South Africa, Russia, India, Australia, China, Ukraine, New Delhi, Tamil Nadu, Chhattisgarh, South Asia

☆ Longtime Democratic Rep. John Dingell, who helped make the NRA's lobbying arm into a political force, privately sought to repeal the 1994 assault weapons ban that he voted for: report
▼ + stars: | 2023-07-30 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

The late Rep. John Dingell played a major role in the rise of the NRA's lobbying operation in DC. In the 1970s, Dingell advocated for the NRA, in an era where many Democrats backed the group. The New York Times examined a trove of documents which outlined Dingell's relationship with the NRA. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. But according to Debbie Dingell, her late husband's views on the NRA and guns had shifted during his nearly 60-year political career.

Persons: John Dingell, Dingell, John Dingell of, Bill Clinton, Dingell's, Debbie Dingell, — Organizations: DC, NRA, New York Times, Service, Democrat, The New York Times, The Times, Capitol, Republicans, Times, Columbine High School, Sandy Hook Elementary Locations: Wall, Silicon, John Dingell of Michigan, Detroit, Midwest, Littleton , Colorado, Newtown , Connecticut

☆ Variety faces calls for a retraction as its head-turning story about CNN drama begins to fall apart
▼ + stars: | 2023-07-27 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —Variety has a mess on its hands. Former CNN chief Jeff Zucker, The Atlantic journalist Tim Alberta, and Puck Editor-In-Chief Jon Kelly have all called for the outlet to publicly correct the record. But, thus far, Variety has resisted taking any such action, outside quietly removing the widely panned Tatiana Siegel-written feature from its online homepage. The outlet’s deafening silence comes as the piece begins to fall apart in public. (It goes without saying that Zucker’s camp denied to Siegel that this ever happened, but she printed it anyway.)

Persons: Jeff Zucker, Tim Alberta, Puck, Jon Kelly, Tatiana Siegel, Chris Licht, ”, Byers, Zucker, Siegel, David Zaslav, ” Byers, Siegel weaved, imploring, Natalie Korach, Zucker’s, Ramin Setoodeh, Cynthia Littleton, Korach, Kelly, Puck’s, “, Jeffrey Goldberg, …, ” Goldberg Organizations: CNN, Variety, The Atlantic, Warner Bros, Penske Media Corporation, PMC, The Locations: . Alberta, ” Alberta, Miami, cabanas, ”, Russian, Littleton

☆ Alaska and West Virginia have the worst economies of all US states and are more at risk of recession, study finds
▼ + stars: | 2023-07-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Michelle Mishina for InsiderHawaii received 145 out of 360 points in CNBC's 2023 economy score. Getty ImagesConnecticut and Iowa both received 141 out of 360 points in CNBC's 2023 economy score. North DakotaDenis Tangney Jr./GettyNorth Dakota received 108 out of 360 points in CNBC's 2023 economy score. Tim Graham/Getty ImagesRhode Island and West Virginia both received 99 out of 360 points in CNBC's 2023 economy score. sarkophoto/iStock/Getty Images PlusAlaska was found to have the worst economy in the US, with a score of 57 out of 360 points.

Persons: Michelle Mishina, Jonathan D, Dakota Denis Tangney Jr, Richard T, Tim Graham Organizations: CNBC, Service, Hawaii, Iowa State Capitol, Getty Images, . New, Getty, Dakota, Getty Images Mississippi, Alaska Train Locations: Florida, Texas, Alaska, West Virginia, Wall, Silicon, States, Florida , Texas, North Carolina, Hawaii Kauai, CNBC's, Connecticut, Iowa, Getty Images Connecticut, ., . New Hampshire, Littleton , New Hampshire, Hampshire, Louisiana New Orleans, Goforth Louisiana, Dakota, . Mississippi Gulfport , Mississippi, Rhode Island, West Virginia New England, Rhode, Fairbanks , Alaska

☆ 'The unknowns' are what's fueling the strike in Hollywood, says Variety's Cynthia Littleton
▼ + stars: | 2023-07-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'The unknowns' are what's fueling the strike in Hollywood, says Variety's Cynthia LittletonCynthia Littleton, Variety co-editor-in-chief, joins 'Squawk Box' to discuss the state of the ongoing writers' strike, how a looming actors' strike could threaten to shut all Hollywood production, and more.

Persons: Variety's Cynthia Littleton Cynthia Littleton Organizations: Variety, Hollywood Locations: Hollywood

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