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2019-03-25 10:50:00

ITALY'S RENEWABLE INVESTMENT $7.1 BLN

ITALY'S RENEWABLE INVESTMENT $7.1 BLN

REUTERS - Italy's Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.

In its 2019-2023 plan, the state-controlled company also promised to pay higher dividends as it forecast an average growth in core earnings of more than 4 percent.

"The energy transition process is moving faster than expected and renewables and the phasing out of fossil fuels will have a major…

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Tags: ITALY, RENEWABLE, INVESTMENT, TERNA,
Chronicle:
ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, June, 24, 12:30:00
OIL PRICE: NEAR $65 YET
Brent crude futures rose 0.7% to $65.66 per barrel, near Friday’s three-week high of $65.76, while U.S. crude futures were up 1.1% at $58.07, standing at its highest in over three weeks.
ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, June, 24, 12:25:00
COOPERATION IS IMPORTANT
“Today, more than ever, international cooperation is important,” Novak said in a speech at an energy forum in the Russian city of St Petersburg.
ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, June, 24, 12:20:00
RUSSIA WILL HELP IRAN
Iran and Russia already have a deal whereby Iran sells 100,000 b/d of crude oil to Russia and receives 50% of the value in cash and 50% in equipment.
ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, June, 24, 12:15:00
U.S. OIL PRODUCTION 12.2 MBD
U.S. crude oil production reached a new all-time high of 12.2 million barrels per day (mb/d) in May 2019
ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, June, 24, 12:10:00
6 UNDERVALUED ENERGY STOCKS ANEW
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, June, 24, 12:05:00
GREEN ENERGY CONGRESS JUNE 2019
GREENENERGY - We take an immense pleasure to extend our warm welcome to invite all the participants from all over the world to attend 7th World Congress and Expo on Green Energy during June 24-25, 2019 Barcelona, Spain
ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, June, 24, 12:00:00
COAL PRICES DOWN
Prices for benchmark premium Australian coal out of Newcastle hit their weakest since September 2016 last week at $70.78 per ton and are likely to fall further given a slowing global economy.
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