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January 19, 2022

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French state pledges to stand by EDF – finance minister Le Maire

Reuters
A flag with the company logo of Electricite de France (EDF) and a French flag fly next to the EDF power plant in Bouchain, near Valenciennes, France, September 29, 2021. REUTERS/Pascal Rossignol/File Photo Register now for FREE unlimited access to Reuters.com Register Says EDF is ‘pride of the French people’......

EDF shares plunge as Macron shields consumers from soaring energy bills

Reuters
Government moves to limit voters’ energy bills Forces EDF to sell more cheap energy to the market EDF shares drop as much as 25% Hit comes amid series of nuclear setbacks for state-owned EDF PARIS, Jan 14 (Reuters) – EDF’s (EDF.PA) shares slumped as much as 25% and were set......

Italy likely to raise taxes on energy companies benefiting from price surge

Reuters
Profits from high prices should go to help less well-off Enel making ‘crazy margins’ – League’s Salvini Enel ‘definitely not making extra profits’ – spokesperson ROME, Jan 12 (Reuters) – Italy is likely to increase corporate taxes on energy companies that have benefited from surgingpower prices, the Italian industry minister......

‘Furnace’: Argentina roasts in record-setting heat wave

Reuters
BUENOS AIRES, Jan 11 (Reuters) – Argentina is facing a historic heat wave with temperatures soaring above 40 degrees Celsius (104°F), making the country for a while the hottest place on the planet, straining power grids and forcing residents to seeking sanctuary in the shade. With temperatures up around 45°C......

Two people still missing feared dead after Colorado wildfire

Reuters
DENVER, Jan 2 (Reuters) – Two people were still missing and feared dead after a wildfire roared through two towns in Boulder County, Colorado, and destroyed nearly 1,000 homes, authorities said on Sunday. Boulder County Sheriff Joe Pelle said at a press briefing on Sunday that one person who had......

Germany shuts three of its last six nuclear plants

Reuters
Three of Germany’s last six reactors to shut down Final phase-out by the end of 2022 Dismantling to cost over $10 billion Anti-nuclear consensus still strong, minister says BERLIN, Jan 1 (Reuters) – Germany has pulled the plug on three of its last six nuclear power stations as it moves......

Prysmian wins $900 mln of U.S. wind farm contracts

Reuters
ROME, Dec 18 (Reuters) – Prysmian (PRY.MI) has won two contracts worth a total of almost $900 million for work on two U.S. offshore wind farm projects, the Italian cable manufacturer said. Both projects, which are subject to the finalisation of Prysmian’s plans to build new production capacity in the......

French and Benelux stocks-Factors to watch on Dec 17

Reuters
Dec 17 (Reuters) – Below are company-related news and stories from French and Benelux media which could have an impact on the region’s markets or individual stocks. ADYEN NV (ADYEN.AS): Adyen was selected by Henry’s to power their unified commerce strategy. Register now for FREE unlimited access to Reuters.com Register......

Hydro One says wind storm leaves nearly 115,000 customers without power

Reuters
The sun sets next to downtown’s CN Tower, as viewed from Tommy Thompson Park nature preserve in Toronto, Ontario, Canada September 26, 2021. REUTERS/Chris Helgren Register now for FREE unlimited access to reuters.com Register Dec 11 (Reuters) – Canada’s Hydro One said on Sunday more than 450,000 customers experienced power......

Italy may compensate firms hit by anti-takeover powers, sources say

Reuters
Member of the League party Giancarlo Giorgetti looks on during a news conference in Rome, Italy February 13, 2020. REUTERS/Guglielmo Mangiapane/File Photo Register now for FREE unlimited access to reuters.com Register PM Draghi has vetoed three Chinese takeovers this year Government wants to reduce risk of legal disputes Italian firm......

Britain’s energy market needs quick reforms, says regulator

Reuters
The sun rises behind electricity pylons near Chester, northern England October 24, 2011. REUTERS/Phil Noble Register now for FREE unlimited access to reuters.com Register LONDON, Dec 9 (Reuters) – Britain’s energy market needs quick reforms, regulator Ofgem said on Thursday, flagging it plans to announce changes to the market in......

Exclusive: SEC probes Tesla over whistleblower claims on solar panel defects

Reuters
SAN FRANCISCO, Dec 6 (Reuters) – The U.S. securities regulator has opened an investigation into Tesla Inc (TSLA.O) over a whistleblower complaint that the company failed to properly notify its shareholders and the public of fire risks associated with solar panel system defects over several years, according to a letter......

Italy’s Enel enters Australia’s crowded retail power market

Reuters
A logo of Italian multinational energy company Enel is seen at the Milan headquarters, Italy, February 5, 2020. REUTERS/Flavio Lo Scalzo/File Photo Register now for FREE unlimited access to reuters.com Register MELBOURNE, Dec 6 (Reuters) – Italy’s Enel Group (ENEI.MI) on Monday said it would start selling power to Australian......

Japan’s Chubu Electric to boost overseas and renewables investment

Reuters
A worker stands next to a spent fuel pool on the top floor of the No.5 reactor building at Chubu Electric Power Co.’s Hamaoka Nuclear Power Station in Omaezaki, Shizuoka Prefecture May 17, 2013. REUTERS/Toru Hanai (JAPAN – Tags: BUSINESS ENERGY ENVIRONMENT) Register now for FREE unlimited access to reuters.com......

Italy’s Enel cranks up spending to become carbon-free by 2040

Reuters
A logo of Italian multinational energy company Enel is seen at the Milan’s headquarter, Italy, February 5, 2020. REUTERS/Flavio Lo Scalzo/File Photo Register now for FREE unlimited access to reuters.com Register Enel to invest 170 bln euros to 2030 Enel to exit coal by 2027, gas by 2040 Ordinary EBITDA......

Consortium of Japanese firms to test digital currency in coming months, launch in FY2022

Reuters
A man walks past in front of a sign board of Mitsubishi UFJ Trust and Banking Corporation, the asset management unit of Japan’s Mitsubishi UFJ Financial Group Inc. (MUFG), in Tokyo, Japan July 31, 2017. REUTERS/Issei Kato/Files Register now for FREE unlimited access to reuters.com Register Consortium includes Japan’s three......

Mexico says United States will invest to help tackle migration

Reuters
Migrants in a caravan heading to the U.S. border rest at a park in Huehuetan, Mexico November 18, 2021. REUTERS/Jose Torres Register now for FREE unlimited access to reuters.com Register WASHINGTON, Nov 18 (Reuters) – The United States will invest in Central America and southern Mexico to promote development and......

Volkswagen powers up the grid to take on Tesla

Reuters
VW’s EV infrastructure chief has power industry background VW betting on rapid expansion of fast-charging network VW playing catch-up with U.S. EV pioneer Tesla FRANKFURT/DUESSELDORF, Nov 17 (Reuters) – Volkswagen (VOWG_p.DE) plans to double staff numbers at its charging and energy division, roll out new payment technology next year and......

Coal stocks lose ground after Glasgow climate deal

Reuters
Smoke billows from a chimney at a coking factory in Hefei, Anhui province October 2, 2010. REUTERS/Stringer/File Photo Coal miners down in Asia Selling crimps long rally amid energy squeeze Oil, gas steady; China coal futures sink amid output surge SYDNEY, Nov 15 (Reuters) – An international agreement to reduce......

Enel says it won’t be affected by Spain’s power market measures

Reuters
A logo of Italian multinational energy company Enel is seen at the Milan headquarters, Italy, February 5, 2020. REUTERS/Flavio Lo Scalzo/File Photo MILAN, Nov 4 (Reuters) – Europe’s biggest utility Enel (ENEI.MI) said on Thursday it will not be affected by further power market measures Spain is currently working on......

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