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Duke Energy wants to quit coal, but regulators say ‘no’

  Bloomberg Duke Energy Corp planned to close its last six coal power plants in the Carolinas by 2030 to accelerate the company’s carbon-cutting goals. South Carolina regulators said no—ordering the US utility to keep the plants open longer. The decision sets up a showdown as Duke Energy appeals a regulatory response that threatens the company’s preferred plan to speed ...

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Top LNG importer says ‘future lies in hydrogen’

  Bloomberg Korea Gas Corp, one of the world’s biggest liquefied natural gas importers, expects to win benefits from its current business as it shifts to a future focused on hydrogen. “We’ll completely transform our LNG-driven operations into hydrogen by 2050 in line with South Korea’s carbon neutrality target,” Lee Jae Hoon, a general manager of the company’s hydrogen business ...

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South Africa registers two solar projects to cut red tape

  Bloomberg South Africa registered two solar projects as part of a process designed to cut red tape and help increase the pace of private generation in a nation that’s headed for a record year of power cuts. The National Energy Regulator of South Africa approved the projects, the biggest since President Cyril Ramaphosa removed the need for seeking licenses ...

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