Connect with us

News

TC Energy requests info on renewable energy proposals for its U.S. pipelines

Published

 on

By Nia Williams

CALGARY, Alberta (Reuters) – Canada‘s TC Energy on Monday requested information from around 100 renewable development companies to identify wind energy investment opportunities that would generate 620 megawatts of electricity for its U.S. pipeline business.

The capital investment could total about $1 billion, analysts at BMO Capital Markets said in a note.

Calgary-based TC Energy owns North America’s largest natural gas pipeline network and operates the Keystone oil pipeline. The company also has a Canadian power business with a 4,200-megawatt capacity, and cited opportunities to grow in that business.

The request for projects in the central United States and Texas is open for four weeks from April 10. TC Energy will invite a shortlist of companies to submit requests for proposal.

“Ultimately, our goal is to leverage our existing asset base to add more renewable generation into our portfolio and the broader market, resulting in a net reduction of emissions across our North American footprint,” said Corey Hessen, TC Energy’s president of power and storage.

TC Energy is also looking at ways to invest directly in renewable projects, he added.

BMO Capital Markets analyst Ben Pham said TC Energy’s intent to procure wind energy to electrify part of its U.S. pipeline business supports its long-term growth targets, and would reduce energy costs.

TC Energy’s $9 billion Keystone XL pipeline, which would have been under construction this year, was blocked when U.S. President Joe Biden revoked a key permit on his first day in office.

 

(Reporting by Nia Williams; Editing by Richard Chang)

Continue Reading

News

At least 34 dead after floods in north India

Published

 on

At least 34 people have died following days of heavy rains in the north Indian state of Uttarakhand, the state’s chief minister said, as rescuers continued work to free those stranded on Wednesday.

Aerial footage of the affected areas showed engorged rivers and villages partially submerged by floodwaters.

“There is huge loss due to the floods … the crops have been destroyed,” Pushkar Singh Dhami told Reuters partner ANI after surveying the damage late on Tuesday.

“The locals are facing a lot of problems, the roads are waterlogged, bridges have been washed away. So far 34 people have died and we are trying to normalise the situation as soon as possible.”

Prime Minister Narendra Modi said in a tweet he was “anguished” by the loss of life.

The Himalayan state of Uttarakhand is especially prone to flooding. More than 200 were feared killed in February after flash floods swept away a hydroelectric dam.

Unseasonally heavy rains across India have led to deadly floods in several areas of the country in recent days. Authorities in the southern state of Kerala said on Monday more than 20 people had died there following landslides. (This story corrects typographic error in the last paragraph)

 

(Reporting by Alasdair Pal; Editing by Jane Wardell)

Continue Reading

News

Japanese volcano spews plumes of ash, people warned away

Published

 on

A  volcano erupted in Japan on Wednesday, blasting ash several miles into the sky and prompting officials to warn against the threat of lava flows and falling rocks, but there were no immediate reports of casualties or damage.

Mount Aso, a tourist destination on the main southern island of Kyushu, sent plumes of ash 3.5 km (2.2 miles) high when it erupted at about 11:43 a.m. (0243 GMT), the Japan Meteorological Agency said.

It raised the alert level for the volcano to 3 on a scale of 5, telling people not to approach, and warned of a risk of large falling rocks and pyroclastic flows within a radius of about 1 km (0.6 mile) around the mountain’s Nakadake crater.

The government is checking to determine the status of a number of climbers on the mountain at the time, Chief Cabinet Secretary Hirokazu Matsuno told reporters, but added that there were no reports of casualties.

Television networks broadcast images of a dark cloud of ash looming over the volcano that swiftly obscured large swathes of the mountain.

Ash falls from the 1,592-metre (5,222-foot) mountain in the prefecture of Kumamoto are expected to shower nearby towns until late afternoon, the weather agency added.

Mount Aso had a small eruption in 2019, while Japan’s worst volcanic disaster in nearly 90 years killed 63 people on Mount Ontake in September 2014.

(Reporting by Ju-min Park; Editing by Clarence Fernandez)

Continue Reading

News

UK Manchester Airport terminal to reopen after security scare

Published

 on

Terminal Two at Britain’s  Manchester Airport will reopen after Greater Manchester Police found no security threat following reports of a suspicious package, a spokesperson for the airport said on Tuesday.

“…Greater Manchester Police is satisfied that there is no security threat and has lifted the cordon that was in place,” the spokesperson said in a statement, adding that the terminal will reopen within the next hour.

The terminal was closed earlier on Tuesday evening after police began assessment of reports of a suspicious package.

In a previous statement, the airport said a “controlled evacuation” was taking place.

(Reporting by Costas Pitas and Nishit Jogi in Bengaluru; editing by Jonathan Oatis and Richard Pullin)

Continue Reading

Trending