Category: power
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Houston Utility Slammed Over Fumbled Response to Beryl Power Outages
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Breadcrumb Trail Links PMN Business Interviews with nearly a dozen experts along with public filings reveal the challenges facing CenterPoint Energy. Author of the article: Bloomberg News Mark Chediak, Naureen S Malik and Tope Alake Published Jul 20, 2024 • 9 minute read You can save this article by registering for free here.…
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The power of play: Web2 games need web3 stickiness
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Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. Traditional games are in a tough spot. Mobile revenues are declining and user acquisition costs are going in the opposite direction. To reignite growth and…
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The power of play: Web2 games need web3 stickiness
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Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. Traditional games are in a tough spot. Mobile revenues are declining and user acquisition costs are going in the opposite direction. To reignite growth and…
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France’s president called a surprise election. The result could diminish his power in world affairs
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Breadcrumbs Path Links PMN Business Article author: Associated Press John Lister Posted on July 06, 2024 • Read for 5 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content PARIS (AP) — French President Emmanuel Macron — if…
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UK’s Labour sweeps to power as Rishi Sunak concedes election defeat
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Keir Starmer will be Britain’s next prime minister, and his Labour Party is expected to win a large majority in the parliamentary election, ending 14 years of often turbulent Conservative government by defeating Rishi Sunak’s party. While there are still many results to be announced from Thursday’s vote, the centre-left…
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France votes in election that could hand power to far right By Reuters
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Written by Mimosa Spencer PARIS (Reuters) – French voters went to the polls on Sunday in the first round of a snap parliamentary election that could produce the country’s first far-right government since World War Two and mark a major change at the heart of the European Union. President Emmanuel…
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Supreme Court rulings paring federal regulatory power will impact energy policy
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Pillow The U.S. Supreme Court issued two momentous decisions this week that upend decades of government regulatory frameworks, with profound consequences for environmental and energy policy. First, the Supreme Court ignored the 1984 precedent in the Chevron case v. the Natural Resources Defense Council, which gave federal agencies too much…
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The $4.7 billion ruling against the NFL could shift power between the league and teams
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The NFL has rarely been a loser on the field, but a crushing defeat in an antitrust lawsuit could change the way the world’s richest sports league generates billions of dollars in revenue each year. A Los Angeles jury on Thursday sided with fans who claimed the league conspired with…
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Record temperatures, higher natural gas prices to lift power bills this summer
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Pedrosala/iStock via Getty Images Higher electricity bills in the future For most of the United States this summer, the Energy Information Administration expects the average monthly residential energy bill in the United States to rise to $173 in June, July and August, up 3% from a year ago. The biggest…
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Record temperatures, higher natural gas prices to lift power bills this summer
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Pedrosala/iStock via Getty Images Higher electricity bills in the future For most of the United States this summer, the Energy Information Administration expects the average monthly residential energy bill in the United States to rise to $173 in June, July and August, up 3% from a year ago. The biggest…
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Dell, Nvidia and SMC collaborate to power Musk’s Grok AI factory By Investing.com
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Investing.com – Dell Technologies Inc (NYSE:), led by CEO Michael Dell, announced a partnership with NVIDIA Corporation (NASDAQ:) to build an AI factory designed to enhance the capabilities of Grok, an AI model developed by Elon Musk. ,xAI. We’re building the Dell AI Factory using… @nvidia To power @understands extensively…
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Blow as AfDB exits Nairobi waste power plant project on delays
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The African Development Bank (AfDB) has exited a multi-billion shilling renewable energy project in Nairobi’s Kibera slum due to repeated delays in the procurement of services to kick-start the project. The continental lender had in January 2018 awarded Asticom Kenya Limited a grant of $995,000 (Sh128.8 million at current exchange…
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Carlyle explores sale of electric power producer Cogentrix, FT reports By Reuters
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(Reuters) – Private equity firm Carlyle has hired advisers to study a sale of Cognitrix that could value the North Carolina-based energy producer at as much as $3 billion to $4 billion, the Financial Times reported, citing three people familiar with the matter. Carlyle is also selling other energy assets…
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Analysis-As Supreme Court decisions loom, a legal assault is weakening SEC’s power By Reuters
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Written by Chris Prentice and Michelle Price WASHINGTON (Reuters) – A legal attack on the U.S. Securities and Exchange Commission has diminished its powers to oversee Wall Street and is likely to worsen with two impending Supreme Court rulings. A US appeals court last week struck down a key Securities…
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Extended power outage that hit Puerto Rico angers and worries many during heat advisories
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Breadcrumb links BMN Business Article writer: Associated Press Murphy Marcus Coral Posted on June 10, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – A power pole with loose cable towers above a house…
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Hyperscalers And AI Firms Eyeing Bitcoin Mining Companies With Lucrative Power Deals: JP Morgan
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The world of Bitcoin mining is undergoing a major transformation, with industry giants such as JPMorgan Chase anticipating an increase in mergers and acquisitions (M&A) activity within the sector. According to a recent research report from the financial institution, Bitcoin miners with attractive energy contracts are emerging as potential acquisition…
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New York power grid faces shortfalls as new clean energy supply lags, NYISO says (NYSE:ED)
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Gargolas/iStock via Getty Images Electrical grid in New York You will experience a shortage in supply If the rate of retirement of fossil fuel-fired power plants continues to outpace the addition of new clean energy supplies as demand rises, the New York Independent System Operator said Thursday in Annual reliability…
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Maxim Power Corp. Announces Board of Directors Election Results and M2 CCGT Operations Update
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Article content CALGARY, ALBERTA, June 05, 2024 (GLOBE NEWSWIRE) — Maxim Power Corp. (“Wisdom – a saying“or the”institution(TSX:MXG) today announced the final director election results from its 2024 Annual General Meeting of Shareholders held on 5 June 2024 (the “Meeting”). A ballot was taken at the Meeting in relation to…
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Contracts for new Sh12bn power hub to be ready in June
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Contracts for the construction of a new national electricity transmission center to be managed by the Kenya Electricity Transmission Company (Ketraco) will be ready this month for approval by Attorney General Justin Muturi, raising hopes for favorable consumer prices. The National System Control Center (NSCC) is currently located on Juja…