Public utilities fall short on wildfire risk mitigation
Five years and 2,500 miles apart, fires devastated thriving communities — and major U.S. utility companies stood at the center of the infernos. It’s a story increasingly familiar in the…
Laos is spiraling toward a debt crisis as China looms large
A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty Images An alarming debt crisis has unfolded in Laos in…
Burying power lines for wildfire prevention is effective but expensive
As deadly wildfires have destroyed communities from California to Maui, the nation’s largest utility, Pacific Gas and Electric, is making headway on its ambitious goal to move 10,000 miles of…
Morgan Stanley names renewable energy stocks in a $5 trillion sector
Morgan Stanley named several stocks to play Europe’s investment in renewable energy — and highlighted a “once-in-a lifetime” opportunity in the electricity sector in particular. Earlier this year, the European…
Why the EV boom could put a major strain on our power grid
Over half of all new cars sold in the U.S. by 2030 are expected to be electric vehicles. That could put a major strain on our nation’s electric grid, an…
New hard asset ETF places big bet on real estate
A new ETF is making a big bet on real estate and other hard assets. CBRE’s Investment Management launched the IQ CBRE Real Assets ETF in May with the idea…
Energy markets facing ‘one or two years of extreme volatility’: CEO
This image, from March 2022, shows wind turbines and gas storage facilities in Germany. Europe’s energy markets have experienced turbulence in recent months. Jan Woitas | Picture Alliance | Getty…
Companies blaming a new culprit for earnings woes: Electricity costs
Companies continue to battle inflation on a variety of fronts, but a new source is increasingly being called out: electricity costs. Raw materials, packaging, transportation and labor cost pressures all…
How Congress and corporations can help stop inflation
Americans look to the country’s most powerful bank, the Federal Reserve, to combat inflation. “I think our biggest problem, at least for the foreseeable future, is high inflation,” Mark Zandi,…
Puerto Rico’s power grid is still costly and unreliable after Hurricane Maria
Police offers stand guard near demonstrators blocking the entrance to a Luma Energy facility at the Puerto Rico Electric Authority (Prepa) Palo Seco Power Plant in Toa Baja, Puerto Rico,…