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report on business
Fortis sees quarterly earnings of $331 million, up from a year ago
Fortis Place in downtown St. John's, N.L., is seen on Tuesday, Feb. 9, 2016. Fortis Inc. has signed a deal to sell its 51 per cent stake in the Waneta expansion hydroelectric project in B.C. to its provincial government partners for approximately $1 billion. THE CANADIAN PRESS/ Paul Daly
in depth
Point Lepreau station is among North America’s worst-performing nuclear power plants. Can NB Power turn it around?
The Point Lepreau nuclear power plant in Point Lepreau, N.B., is seen on July 9, 2018.
world
Heat wave forces Iran to shutter government offices and banks. Electricity consumption soars
An Iranian man walks in a street during the heat surge in Tehran, Iran, July 21, 2024. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY.
report on business
Ontario’s new Energy Minister lays out vision to transform province into ‘clean-energy superpower’
Ontario Education Minister Stephen Lecce delivers remarks at Lakeshore Collegiate Institute in Toronto, on Thursday, Aug. 31, 2023. THE CANADIAN PRESS/Spencer Colby
canada
Vancouver reverses its decision to ban natural gas for heating, cooling
The downtown Vancouver skyline is seen at sunset, as houses line a hillside in Burnaby, B.C., on Saturday, April 17, 2021. Data from Metro Vancouver show the queue for social housing in the region has spiked in the past year, with 18,865 households on the wait-list, mostly seniors and families. THE CANADIAN PRESS/Darryl Dyck
energy and resources
India has ramped up its wind and solar energy. It now needs to expand places to store it
A worker walks in front of the 500-kilowatt battery energy storage system inside the Hindustan Coca-Cola Beverages factory in Thiruvallur district, on the outskirts of Chennai, India, Tuesday, July 16, 2024. (AP Photo/Mahesh Kumar A.)
report on business
Suncor CEO Rich Kruger talks politics of oil and gas and the company’s future
The CEO of Suncor Rick Kruger, photographed in his Calgary office . July 4th, 2024 (Shaun Robinson/The Globe and Mail)
energy and resources
U.S. crude stockpiles fall sharply, fuel builds: EIA
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo
international business
U.S. offshore wind farm shut down after turbine debris fouls beaches
FILE - Giant wind turbine blades for the Vineyard Winds project are stacked on racks in the harbor, July 11, 2023, in New Bedford, Mass. Vineyard Wind said Tuesday, July 16, 2024, that it is working to recover debris on Nantucket's southern-facing beaches after one of the wind turbine blades suffered damage last weekend. (AP Photo/Charles Krupa, File)
report on business
Energy Minister promises ban on oil furnaces for new builds as soon as 2028
Minister of Natural Resources Jonathan Wilkinson speaks during an announcement at Industrial Equipment Manufacturing, in Surrey, B.C., on July 15, 2024. THE CANADIAN PRESS/Darryl Dyck
opinion
Is the oil industry fighting for the right to greenwash?
Hugh Helferty
opinion
Instead of asking Ottawa for more money again, premiers should target productivity
Heather Scoffield and Serge Dupont
investor clinic
Capital Power: A high-yielding dividend stock with an AI kicker
For Investor Clinic column in Globe Investor/ROB only.
world
British Columbia to regain control of Columbia River in new agreement
FILE - Water spills over the Bonneville Dam on the Columbia River, which runs along the Washington and Oregon state line, on Tuesday, June 21, 2022. The U.S. government on Tuesday, June 18, 2024, acknowledged for the first time the harms that the construction and operation of dams on the Columbia and Snake rivers in the Pacific Northwest have caused Native American tribes, issuing a report that details how the unprecedented structures devastated salmon runs, inundated villages and burial grounds, and continue to severely curtail the tribes' ability to exercise their treaty fishing rights. (AP Photo/Jessie Wardarski, File)
opinion
Quebec is running out of power, and its economy hangs in the balance
Renaud Brossard and Gabriel Giguère
report on business
Manitoba Hydro names new CEO after parting ways with previous president
Allan Danroth, Manitoba Hydro's new president and chief executive officer, speaks in Winnipeg on Tuesday, July 9, 2024. THE CANADIAN PRESS/Steve Lambert
energy and resources
ATCO Electric fined $3-million for unearned rate increases, overstating its costs
The ATCO tower on 11th Ave Southwest, Calgary, on an overcast April 11th, 2024. (Louis Oliver/The Globe and Mail)
globe investor
Vistra, Constellation Energy shares surge on clean energy demand bets to power AI tech
FILE PHOTO: A trader looks at a screen that charts the S&P 500 on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 27, 2017. REUTERS/Brendan McDermid
opinion
For the first time in more than 150 years, Alberta’s electricity is coal free
Chris Severson-Baker
report on business
Vancouver Island to see $3B in BC Hydro upgrades, expansion over the next decade
British Columbia's power provider is planning to spend more than $3 billion on capital projects to upgrade and expand the electricity grid on Vancouver Island. B.C. Minister of Energy, Mines and Low Carbon Innovation Josie Osborne speaks during a news conference in Burnaby, B.C., on Monday, June 10, 2024. THE CANADIAN PRESS/Darryl Dyck
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