Bloomberg Infraestructura Energetica Nova SAB said a draft proposal by Mexico’s energy regulator to modify some transmission permits would make it impossible to supply power to new partners or carry out any expansion plans. In a letter posted in response to the draft proposal, the Mexican subsidiary of the US’s Sempra classifies it as “high regulatory impact” and argues that ...

Bloomberg Shell Energy Europe Ltd (SEEL) has agreed to trade power from what will be the UK’s largest battery storage project. The Royal Dutch Shell Plc unit agreed to a multi-year deal to “optimise the use of renewable power” in the China-backed project, which is expected to come online by the end of this year. Batteries, Shell says, will play ...

Bloomberg The UK said it will spend 1.2 billion pounds ($1.6 billion) on developing the most powerful weather and climate supercomputer in the world. The programme aims to improve weather and climate modelling by the government forecaster, the Met Office, Business Secretary Alok Sharma said in a statement on Monday. The machine will replace the UK’s existing supercomputer, which is ...