Tag Archives: Energy

The U.S. Department of Energy announced a breakthrough in nuclear fusion on Tuesday that puts the world one step closer to harnessing an abundant energy source free from carbon emissions and long-lived radioactive waste. U.S. Energy Secretary Jennifer Granholm confirmed that scientists achieved a reaction that created more energy than was used — known as a net energy gain — at the federally-funded Lawrence Livermore National Laboratory in California. “Last week at the Lawrence Livermore… Source link

Energy stocks have room to go higher, even after a wild run this year, says one strategist. “They’re still cheap if you look at it on most metrics,” Tortoise portfolio manager Rob Thummel told Yahoo Finance Live this week. “The market is really rewarding companies that have positive earnings and free cash flow. That’s what this sector has,” said Thummel,” I still think there’s room for it to continue, even if oil prices stay the same, or even if they fall a little bit.” Thummel says… Source link

Nov 1 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Tuesday it would buy about three-quarters of the renewable power from SB Energy Global’s Texas facilities, as it aims to operate data centers on carbon-free energy by 2030. Companies are rapidly shifting toward clean energy and transportation as they look to meet environmental and sustainability goals. The $430-billion Inflation Reduction Act signed by President Joe Biden signed in August also seeks to incentivise a shift to clean… Source link

The war in Ukraine has turned against Russia and its authoritarian president, Vladimir Putin, with Ukrainian forces routing battered Russian units and retaking surprising amounts of turf in northeast Ukraine. But Putin still has some potent weapons he can deploy, and an energy war with the West is erupting in parallel with the military war in Ukraine. Despite bruising sanctions, Russia remains the world’s third largest exporter of oil and natural gas, and in coming months, Putin seems very… Source link

 VettaFi Financial Futurist Dave Nadig appeared on Yahoo!Finance to discuss clean energy, meme stocks, and single stock ETFs. With clean energy getting attention following the passage of Biden’s historic climate bill, Nadig noted, “I think it’s fair to say this is good for the planet, but it’s not necessarily good for every part of your portfolio.” He urged investors to look at use cases, pointing… Source link

 VettaFi Financial Futurist Dave Nadig appeared on Yahoo!Finance to discuss clean energy, meme stocks, and single stock ETFs. With clean energy getting attention following the passage of Biden’s historic climate bill, Nadig noted, “I think it’s fair to say this is good for the planet, but it’s not necessarily good for every part of your portfolio.” He urged investors to look at use cases, pointing to… Source link

Clean energy related stocks have been the clear winners of the Inflation Reduction Act (IRA). Solar panel makers, fuel cell manufacturers and energy storage companies all stand to benefit from the measure. Solar and wind energy stocks have been rallying since the bill was announced in late July. A large number of these equities are up double digit percentages year-to-date. They have far outperformed the broader markets. The IRA focuses on providing production tax credits for companies to… Source link

(Bloomberg) — President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats’ economic agenda is hurtling toward enactment. Most Read from Bloomberg The tax and energy bill passed Sunday after a year and half of rocky negotiations that divided the party. It gives Democrats tangible progress on key issues to show voters in the midterm elections this November. Biden’s popularity nose-dived a year ago in the wake of the haphazard… Source link

(Bloomberg) — Industrial production is one of the dirtiest corners of the corporate world. A startup from former Google engineers thinks it can clean it up with artificial intelligence. Phaidra, a company based in Seattle, sells AI software to automate building controls for power plants and other industrial giants. It’s relying on the same fix as their former company, DeepMind, Google’s research lab. For several years, DeepMind has let its AI… Source link

Enphase Energy, Inc. FREMONT, Calif., July 11, 2022 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today that installers of Enphase® products in Rhode Island have seen growing deployments of Enphase Energy Systems powered by IQ® Microinverters and IQ™ Batteries as increasingly common hurricanes and extreme weather leave homeowners highly vulnerable to… Source link