Naureen Malik
Energy Reporter at Bloomberg News
Energy Reporter @business. Opinions are my own; links/RTs not endorsements
Articles
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1 day ago |
news.bloombergtax.com | Naureen Malik
LS Power bet on buying and building natural gas power plants at a time when some analysts considered them almost relics, doomed to be sidelined by solar and wind. Now, utilities see gas-fired plants as essential to meeting a surge of electricity demand from new data centers. And LS’s gamble on gas has produced a $12 billion payday. The New York development and investment company, little known outside its industry, announced a deal Monday for NRG Energy Inc.
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1 day ago |
news.bloombergtax.com | Brian Sullivan |Naureen Malik
A spring heat wave is descending on the central US, sending temperatures soaring over the next few days from the Canadian border to Texas. Austin, Texas, is forecast to reach 104F (40C) Tuesday and 107 Wednesday, according to the National Weather Service. Minneapolis is forecast to reach 89F Tuesday. More than 130 daily high temperature records may either be broken or tied, according to the weather service. In Texas, the heat will last until next week.
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1 day ago |
financialpost.com | Naureen Malik
Article content(Bloomberg) — LS Power bet on buying and building natural gas power plants at a time when some analysts considered them almost relics, doomed to be sidelined by solar and wind. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Article contentNow, utilities see gas-fired plants as essential to meeting a surge of electricity demand from new data centers.
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1 day ago |
bloomberg.com | Naureen Malik
(Bloomberg) -- LS Power bet on buying and building natural gas power plants at a time when some analysts considered them almost relics, doomed to be sidelined by solar and wind. Now, utilities see gas-fired plants as essential to meeting a surge of electricity demand from new data centers. And LS’s gamble on gas has produced a $12 billion payday. The New York development and investment company, little known outside its industry, announced a deal Monday for NRG Energy Inc.
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1 day ago |
news.bloomberglaw.com | Naureen Malik
LS Power bet on buying and building natural gas power plants at a time when some analysts considered them almost relics, doomed to be sidelined by solar and wind. Now, utilities see gas-fired plants as essential to meeting a surge of electricity demand from new data centers. And LS’s gamble on gas has produced a $12 billion payday. The New York development and investment company, little known outside its industry, announced a deal Monday for NRG Energy Inc.
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NRG’s “Holy Grail” acquisition was built up by little known firm outside the power insisted. Here’s a look at LS Power https://t.co/gfKWDn7ewL
https://t.co/gfKWDn7ewL
PJM , the largest US electric grid stretching from the Midwest to East Coast, warned for the first time that extreme summer heat may trigger supply shortages. Current expectation is peak demand will rise 0.9% to 154 GW; or to 166 GW in severe scenario https://t.co/w9hDBoFajJ