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China to boost renewable installations by 52%

Bloomberg China this year will be able to absorb 52% more new wind and solar power capacity than in it added 2019. The world’s biggest energy consumer has space on its grids to add 36.65 gigawatts of wind and 48.45 gigawatts of solar, according to a transmission analysis report by the National New Energy Absorption Monitoring and Warning Center. Grid ...

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Mexico power utility seeks price hike

Bloomberg Unfazed by criticism it is unfairly blocking renewable energy projects, Mexico’s state-owned utility is doubling down on demands for regulators to protect its market share. The Comision Federal de Electricidad, which says it produces 54% of the nation’s power, wants regulators to raise transmission costs for private companies immediately, company head Manuel Bartlett said in an interview. A raft ...

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Covid-19: Why Italy’s debt matters for all

The US and global economies are in a perilous state, and yet we may be underestimating the dangers. Just out of sight lies a second large threat: a global debt crisis that, centred in Europe, would further destabilise a world already struggling to combat the dreadful consequences of the coronavirus pandemic. In the United States and elsewhere, tens of millions ...

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