Commission President Ursula von der Leyen presented the package, called AccelerateEU, on Wednesday (22 April), after weeks of speculation. She said: “We must accelerate the transition to domestic, clean energy. This will give us energy independence and security and mean we can better weather geopolitical storms.” Measures to “deliver both immediate and structural relief for
Energy bosses could have their bonuses banned. Picture: Alamy Energy bosses could have their bonuses banned if they cause significant harm to consumers under reforms to strengthen regulatory powers, the Government has announced. Ofgem is to be “transformed” to strengthen protection for consumers, making it able to enforce faster redress for households let down by
Stock image. By displaying energy use per query, ChatNetZero shows that energy use of AI is not necessarily about the underlying model, but rather how the system workflow is designed, and how hallucinations are checked. As such, more complex systems can increase energy consumption without improving search results. The new update also shows real-world equivalents
Energy chiefs could be barred from receiving payouts under new powers being handed to the industry regulator in moves design to better protect customers Energy executives found to have caused frustrated bill payers significant harm could be blocked from receiving bonus rewards(Image: Natalia Gdovskaia via Getty Images) Energy firms will be banned from handing bonuses
Gorodenkoff / Shutterstock.com Quick Read UBS analyst Manav Gupta raised Bloom Energy (BE) price target to $251 from $170, citing the company’s entire product lineup now being 800V DC ready for AI data center buildout. Bloom Energy’s solid oxide fuel cell technology can supply 800 VDC power directly to data centers, eliminating energy-wasting conversion steps
Exergy3 is decarbonising industry Thermal energy company Exergy3 has raised a further £10 million to convert surplus electricity into low-carbon industrial heat. The seed round for the Edinburgh firm was led by an Axeleo Capital fund which backs deeptech startups aiming to reduce the environmental impact of industrial processes across Europe. Exergy3 was spun out
© gchutka / E+ via Getty Images The hydrogen sector is sending mixed signals this Tuesday morning. FuelCell Energy (NASDAQ:FCEL) stock is up 6% today, rising from $8.65 to $9.17, fueled by investor enthusiasm around the company’s hydrogen technology advancements. Meanwhile, Plug Power (NASDAQ:PLUG) stock is down 5% today, slipping from $3.22 to $3.06 ahead
© Gorodenkoff / Shutterstock.com Bloom Energy (NYSE:BE) stock picked up a significant boost Tuesday as UBS analyst Manav Gupta raised his price target from $170 to $251 while maintaining a Buy rating. The catalyst: Bloom’s entire product lineup is now 800V DC ready, positioning the company squarely at the center of the next wave of
It’s a holy grail of UK energy policy – de-linking gas and electricity prices. After all, we’ve been told endlessly that one reason why our energy bills are so high is because “gas sets the price of electricity”. And here it comes: “decisive action” from the government to “break the link”. So, tell us, by
It’s a holy grail of UK energy policy – de-linking gas and electricity prices. After all, we’ve been told endlessly that one reason why our energy bills are so high is because “gas sets the price of electricity”. And here it comes: “decisive action” from the government to “break the link”. So, tell us, by