Utilities

The micro-energy revolution

Richard Holland The era of large-scale power plants is gradually, but finally, coming to an end and, in 2017, Britain generated a full day’s electricity without coal for the first time in over 130 years as companies and governments are choosing to invest in renewable energy projects. However, there is a micro revolution that is…

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Blowing bubbles in the bond market

Richard Holland The bond market for Treasuries has been in an astonishing 32-year bull market, outperforming corporate, high yield and emerging market bonds along the way. However, the sustainability of treasury bonds’ performance has been called into question as early as 2009, and the voices proclaiming that the ‘bond bubble’ is about to burst are…

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Sirius Minerals PLC

Berk Sahin Sirius Minerals PLC, with its ambitious plan to build Britain’s deepest mine under the national parkland of North Yorkshire, has drawn considerable investor interest in the recent months. The company wants to dig up polyhalite to the south of Whitby, which can be used as a fertiliser that regulates water content and improves…

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Corbyn’s manifesto of re-nationalisation: a return to the dark ages?

Richard Holland Jeremy Corbyn’s manifesto was leaked in May of this year, sparking fears of re-nationalisation in the Utilities industry as the Labour leader threatened to “take energy… [and] the railways back into public ownership”. The market responded to the news in typical fashion, with National Grid’s share price falling by 24%, and both SSE…

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Powering up the UK’s green agenda: Corporate PPAs

Richard Holland From regulatory uncertainty to low fossil fuel prices and diminishing government subsidies, renewable energy has been challenged on numerous fronts. But over the last 5 years, a new development has emerged that has successfully invigorated the green energy industry in the US and looks set to do the same in the UK –…

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Thames Water’s leakage problem

Berk Sahin Thames Water, which provides water and sewage services to over 15 million customers, is increasingly under pressure to change the way it deals with leakages from the regulator, Ofwat, and the public in general. Over the last year, Thames Water had 180 litres of water leaked per property per day compared with the…

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Sainsbury’s and Morrisons: A Supermarket Sweep?

Tullio Mancini After the death of Ken Morrison (1 February 2017), Merrill Lynch speculated on the potential merger between Morrisons and Sainsbury’s – a deal which could lead to a revolution in grocery delivery. Sainsbury would be merged with two key e-commerce platforms: Amazon and Ocado for whom Morrisons provides home delivery for. This could…

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German Utilities In 2017

Tullio Mancini Notwithstanding the radical industry’s reorganisation in 2016, Germany’s largest utilities, EON SE and RWE AG, may face a tough year as the power market is expected to remain stable in 2017. RWE and EON have been among the worst companies on DAX since 2011; the year in which Chancellor Angel Merkel shifted toward…

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2016 – The Birth of a Renewable Revolution?

Benjamin Foster 2016 proved to be a remarkable year for the renewable energy industry. Despite, or perhaps because of, the difficulties faced by fossil fuels over the past 12 months (with oil prices still struggling and investment in traditional energy production continuing its sluggish growth from 2015) renewable energy boomed. The growth in renewable energy…

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Mosul Dam

Tullio Mancini While the battle between Iraqi forces and ISIL to take the control of Mosul continues, engineers and scientist are engaged in the real combat: to stop the Mosul Dam (or Saddam Dam) collapsing on itself. The Mosul Dam, built above a soluble foundation of gypsum, anhydrite, and karstic limestone, is the biggest dam…

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