Tag: electricity

Renewable energies cover 56% of Germany’s Q1 electricity consumption

Renewable energies covered around 56% of electricity consumption in Germany in the first quarter of 2024. This is according to projections by the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) and the German Association of Energy and Water Industries (BDEW), which were made available to dpa on Friday. In total, renewable energy plants […]

There is a new way to buy your electricity in Quincy. How much could you save?

QUINCY − A new city program coming online in June could save residents more than 25% on their electricity rates. Quincy will join about 170 Massachusetts communities that have already adopted the program known as municipal aggregation. The program allows cities and towns to purchase electricity in bulk on behalf of their residents and businesses, […]

Drought-hit Colombia halts export of electricity to Ecuador

Colombia has halted electricity exports to neighboring Ecuador as its hydropower plants reach near-critical levels due to a biting drought, the government said late Monday. The severe dry spell, associated with the El Nino climate phenomenon, has also led to water rationing that is affecting 10 million people in the capital Bogota and surrounds. Mining […]

JPMorgan Chase CEO Jamie Dimon Says Artificial Intelligence (AI) Could Be as Transformational as the Printing Press, Steam Engine, Electricity, Computing, and the Internet. 2 Stocks to Buy If He’s Right.

In JPMorgan Chase‘s annual shareholder letter, CEO Jamie Dimon said that while we don’t yet understand the full impact artificial intelligence (AI) will have on society, he’s convinced the “consequences will be extraordinary.” Dimon goes on to suggest that generative AI could be “as transformational as some of the major technological inventions of the past […]

Electricity fees in Florence may soon be on the rise

FLORENCE, Ala. (WHNT) — A number of service fees for Florence Electricity Department (FED) customers could soon be on the rise. The proposal is not a rate increase and the average customer may not be impacted, but meter service fees would be affected. According to FED, the most notable changes would be the new reconnection […]

Electricity fees in Florence may soon be on the rise

FLORENCE, Ala. (WHNT) — A number of service fees for Florence Electricity Department (FED) customers could soon be on the rise. The proposal is not a rate increase and the average customer may not be impacted, but meter service fees would be affected. According to FED, the most notable changes would be the new reconnection […]

California Public Utilities Commission proposes to cut electricity rates

SAN DIEGO (FOX 5/KUSI) — Paying the electric bill is a year-round struggle for many people in San Diego. But now, there’s a proposal at the state level to drastically slash rates. The California Public Utilities Commission is looking at a proposal to cut electricity rates for customers all over the state. The idea sounds […]

Brazil Aims to Lower Electricity Bills With Eletrobras Funds

(Bloomberg) — President Luiz Inacio Lula da Silva intends to issue a provisional measure next week designed to lower Brazil’s electricity prices through the securitization of payments owed by the country’s largest power generation company, according to an official familiar with the plan. Most Read from Bloomberg The government expects the measure, which will need […]

Brown announces new electricity infrastructure projects in NW Ohio

WASHINGTON, D.C. – U.S. Sen. Sherrod Brown has announced that the North Central Electric Cooperative based in Attica, Ohio, was awarded a loan to begin and continue projects that will create affordable and reliable energy in eight Northwest Ohio counties. Brown says electrical improvements in Richland, Crawford, Seneca, Hancock, Wyandot, Wood, Huron and Sandusky counties […]

Red Lake Nation to receive $600,000 to connect tribal homes to clean electricity

Mar. 13—RED LAKE — Red Lake Nation will receive $600,000 in federal funding to connect tribal homes to clean electricity, including homes previously not connected to electricity at all. The announcement came on Wednesday from U.S. Senators Tina Smith, a member of the Senate Indian Affairs Committee, and Amy Klobuchar, both D-Minn. Additionally, Minnesota’s Bois […]

Red Lake Nation to receive $600,000 to connect tribal homes to clean electricity

Mar. 13—RED LAKE, Minn. — Red Lake Nation will receive $600,000 in federal funding to connect tribal homes to clean electricity, including homes previously not connected to electricity at all. The announcement came on Wednesday from U.S. Sens. Tina Smith, a member of the Senate Indian Affairs Committee, and Amy Klobuchar, both D-Minn. Additionally, Minnesota’s […]