Energy transition
Profile: Dow Chemical - Chemical reaction
Dow Chemical, the largest commercial consumer of energy in the US, is trying to formulate a response to soaring annual energy costs of $32 billion, while meeting environmental targets. Roderick Bruce examines the company's energy strategies
Statkraft signs €4.5 billion swap agreement
Energy company Statkraft has signed a €4.5 billion ($7.07 billion) deal with power and gas company E.ON that strengthens Statkraft’s position in the European renewable electricity market.
T Boone launches wind power plan
Texas oilman T Boone Pickens has launched a plan to address the United States’ dependence on foreign oil by aiming to generate at least 20% of the nation’s energy supply through wind power.
A meeting of minds
Now in its 12th year, the Energy Risk USA conference in Houston once again brought together key figures in the energy industry to debate the hottest topics. The Energy Risk team reports
Brown calls for oil market transparency; reveals investment plans
UK prime minister Gordon Brown has today called for increased transparency in the global oil markets, and revealed a series of international energy investment initiatives.
Hedges are growing greener
Opportunities for hedge funds in traditional energy markets are not as common as a few years ago. As a result, some hedge funds are turning to green energy markets in search of price anomalies and arbitrage opportunities, William Rhode discovers…
Rising costs hinder new power plant builds
Costs of building new power plants in North America have surged dramatically since 2000 and will continue to rise, the IHS CERA Power Capital Costs Index (PCCI) has revealed. According to the index, the costs have escalated by 130% since 2000 and…
Unclear for US nuclear
Uncertainty surrounding the US government's role in project finance for new nuclear generation is threatening to hold back the renaissance. David Watkins reports
Rising suns
Asia's rapidly growing and energy-intensive economies are driving a global nuclear renaissance, writes Lauren Hilgers
Building for the future
As US electric utility companies strive to meet soaring power demand, they are also coming under increasing pressure to lower carbon emissions. Richard McMahon of the Edison Electric Institute looks at how firms plan to meet these two potentially…
Joining forces
After several false starts the Iberian electricity market, Mibel, finally launched last year, linking the power markets of Spain and Portugal. Andrew Holt looks at what changes it has brought about
A new generation of risk
The UK government recently committed to a new generation of nuclear power stations - the first in the UK for 13 years - funded by the private sector. Roderick Bruce examines the financial and regulatory risks facing potential stakeholders