Tag Archives: Energy

“Google is more likely to become an energy company of the future than a lot of utilities” Shuli Goodman, executive director at LF Energy, said during an interview earlier this year when she shared her latest prediction for what’s to come in the energy industry. If this prediction sounds like it’s coming out of left field, let me assure you it’s not. Google has been slowly upending the traditional utility business for the past 10 years.  The Current Situation We are at a… Source link

TipRanks 3 Monster Growth Stocks That Can Charge Forward in 2021 With 2020 winding down, there’s a growing belief that 2021 is going to be a growth year for the stock markets. The US elections have returned a divided government, one unlikely to have the broad majorities – or the broad support – needed to enact wide-ranging reform legislation from either the right or left, and that bodes well for the economy generally.The COVID vaccines are entering distribution, and while new anti-virus… Source link

Dive Brief: Achieving Google’s new 24/7 clean energy goal will require both the adoption of new technologies, and new purchasing options, the company’s head of global energy markets and policy said Thursday on a National Association of Regulatory Utility Commissioners (NARUC) panel. Google is designing an “intelligent computing platform” that aligns its operations with the availability of renewable energy resources, Jeff Riles said. The company is also using… Source link

For many people, the Christmas season is a time for celebrating, traveling, and spending time with friends and family. Understandably, not many will have time to draw up investment strategies when preoccupied with tinsel and turkey. Nevertheless, the holiday season can provide some impressive stock market returns, especially now that the energy sector–renewables and fossil fuels alike–are showing strong momentum. The U.S. oil and gas favorite benchmark Energy Select Sector SPDR Fund (XLE)… Source link

NRG Energy Inc. NRG recently inked a deal to acquire Direct Energy, the North American subsidiary of Centrica PLC CPYYY, for a consideration of $3.625 billion, subject to a working capital adjustment. This all-cash transaction is expected to close by the end of 2020, pending customary closing conditions and regulatory approvals. Notably, Direct Energy is among North America’s leading retail providers of electricity, natural gas, and home and business energy-related products as well as… Source link