The Hunt for the Most Efficient Heat Pump in the World

The Hunt for the Most Efficient Heat Pump in the World

There are different kinds of heat pumps that are in principle even more efficient than air-source devices. Instead of absorbing warmth from the air, you can opt to harvest heat from the ground or even from bodies of water instead. Such systems tend to cost more, though. Patrick Wheeler, director of Vito Energy, describes a … Read more

Alberta government says advisory report shows federal electricity targets are ‘reckless’

Alberta government says advisory report shows federal electricity targets are ‘reckless’

The Alberta government pointed Tuesday to a new report from a federal advisory committee, calling it proof that Ottawa should abandon its “reckless” 2035 clean electricity targets. But the chair of the committee behind the report said its recommendations are aimed at toning down the political rhetoric around clean power and helping Ottawa and the … Read more

IEX shares rally 9% in 3 days after Q4 results beat

IEX shares rally 9% in 3 days after Q4 results beat

Shares of IEX surged 9% in the last 3 trading sessions on reporting Q4 profit after tax (PAT) at Rs 95.1 crore. IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024. For fiscal year 2024, … Read more

Indian Point Nuclear Plant Owner Sues New York State

Indian Point Nuclear Plant Owner Sues New York State

The company that owns the shuttered nuclear plant that once provided the bulk of New York City’s zero-carbon electricity is suing the state over a law passed last year specifically to block the Indian Point power station from carrying out routine releases of treated wastewater into the Hudson River, HuffPost has learned. Virtually every nuclear … Read more

Ecuador rations power, declares emergency as drought limits hydro output – National

Ecuador rations power, declares emergency as drought limits hydro output – National

Ecuador on Tuesday began to ration electricity in the country’s main cities as a drought linked to the El Niño weather pattern depletes reservoirs and limits output at hydroelectric plants that produce about 75% of the nation’s power. The power cuts were announced on Monday night by the ministry of energy, which said in a statement … Read more

Electricity, gas bills could rise given proposed tax change. Why? – National

Electricity, gas bills could rise given proposed tax change. Why? – National

By Staff The Canadian Press Posted March 5, 2024 1:36 pm 1 min read Descrease article font size Increase article font size Electricity Canada is sounding the alarm over a proposed tax change it warns could see some private utilities saddled with millions in additional income taxes. Michael Powell, its vice-president of government relations, says that … Read more

Alberta Electric System Operator issues new grid alert Monday amid ongoing cold snap

Alberta Electric System Operator issues new grid alert Monday amid ongoing cold snap

The Alberta Electric System Operator issued a new grid alert for the province Monday morning amid an ongoing stretch of extremely cold temperatures. “The AESO has declared a grid alert due to extreme cold, and several power facility outages,” the non-profit organization tweeted at 8:12 a.m. The alert was the fourth one issued by the … Read more