Energy, Utilities & Environment

NKT Delivers 5km+ HVDC Cables for SuedLink Elbe Tunnel Crossing

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NKT Delivers 5km+ HVDC Cables for SuedLink Elbe Tunnel Crossing

COPENHAGEN – November 12, 2026 -- NKT has delivered 525 kV HVDC power cable sections, each longer than five kilometres in continuous length, to TenneT Germany for the tunnel beneath the River Elbe. The cables are part of the SuedLink project.

NKT developed the cable specifically for this section of the route. The company describes it as one of the most demanding cable deliveries in the northern part of SuedLink, which TenneT Germany is executing as transmission system operator.

Five-kilometre sections ruled out conventional cable drums

The sections are far longer than typical onshore power cable lengths, so NKT could not use standard drums. The company built a dedicated logistics chain to move the cable from its high-voltage factory in Karlskrona, Sweden, to the installation site in Germany.

The operation combined cable baskets, marine transport, floating-crane lifts and specialised heavy-load transport on German roads.

SPIC Hunutlu Plant Redesigns Access Road, Turtle Nests Top 60

ISKENDERUN – November 12, 2026 -- Monitoring near SPIC's Hunutlu Power Plant on Iskenderun Bay in Türkiye has recorded a high of more than 60 sea turtle nests on the adjacent beach, after the plant wrote nesting-ground protection into its engineering design.

Truss bridge replaces trestle and access roads to spare nesting beach

Shanghai Electric Power made preserving the nearby sea turtle reserve a precondition at the planning and design stage. Plant director Zhang Qingbin said the nearby transport trestle and access roads were optimized into a long-span truss bridge, under the guidance of local sea turtle experts, so the nesting area would not be affected.

Beko CEO Tells COP31 Efficient Appliances Can Ease Grid Strain

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Beko CEO Tells COP31 Efficient Appliances Can Ease Grid Strain

ANTALYA – November 12, 2026 -- Scope 3 value-chain emissions account for 99% of Beko's total emissions, and more than 80% of those come from products in use in people's homes, CEO Can Dinçer told COP31 delegates while arguing that appliance efficiency is the company's biggest lever for cutting emissions.

Dinçer spoke on the panel 'From Efficiency to Resilience: The Role of the Home-Appliance Industry in the Energy Transition' at the pavilion of Beko's parent, Koç Holding. He said the energy transition must electrify smarter as well as faster, and that much of that work happens in the home.

US Peak Demand Forecast Jumps to 166 GW, Forcing Utility Replanning

United States – November 12, 2026 -- The five-year US summer peak demand growth forecast has reached 166 GW by 2030, more than six times the 24 GW projected in 2022, according to Grid Strategies. Utilities are being pushed to replace single-line forecasts with scenario simulation.

Grid Strategies forecast climbed from 24 GW to 166 GW in three years

The aggregate forecast stood at 38 GW in 2023 and 64 GW in 2024 before the 2025 report lifted it to 166 GW. Data centers account for roughly 55% of that projected growth. Transportation electrification and the energy transition are also disrupting variables that once evolved gradually.

Utility assets are built to run for 30 to 40 years, but the conditions that justified an investment can shift several times before it enters operation.

Ecopetrol Reschedules Q3 2026 Results to Nov. 12 After Market Close

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Ecopetrol Reschedules Q3 2026 Results to Nov. 12 After Market Close

Bogota – November 10, 2026 -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) will release its third-quarter 2026 financial and operating results on Thursday, November 12, 2026, after market close, following a revision of its earlier reporting date.

Ecopetrol management hosts a bilingual virtual earnings call on November 13

The management team will hold the call on Friday, November 13, 2026, with a simultaneous webcast in Spanish and English. Participants can submit questions through the platform once the call begins, and the company asks attendees to register in advance and choose a broadcast language.

Results drive attention to a group with 19,000 employees and a 51.4% stake in ISA

Ecopetrol employs more than 19,000 people and is responsible for more than 60% of hydrocarbon production in Colombia. It also holds leading positions in petrochemicals and gas distribution.

TGS Q3 Backlog Jumps 52% to USD 679M as Margins Slip

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TGS Q3 Backlog Jumps 52% to USD 679M as Margins Slip

Oslo – November 10, 2026 -- TGS reported third-quarter 2026 revenues of USD 397 million, up from USD 388 million a year earlier, as its order backlog rose 52% year on year to USD 679 million. Higher costs and low contract pricing weighed on profitability.

EBITDA falls to USD 222 million despite a USD 41 million disposal gain

EBITDA came in at USD 222 million, down from USD 242 million in Q3 2025, and includes a USD 41 million gain from the sale of the well data business. EBIT was USD 86 million, versus USD 94 million a year earlier, also including the USD 41 million gain.

TGS attributed the margin pressure to operational challenges and low contract pricing. Contract revenues were the highest since the fourth quarter of 2024, driven by activity across both the 3D streamer fleet and Ocean Bottom Node (OBN) operations.

TGS Declares Q4 2026 Dividend of USD 0.155 Per Share

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TGS Declares Q4 2026 Dividend of USD 0.155 Per Share

OSLO – November 10, 2026 -- The Board of TGS ASA has resolved to distribute a quarterly dividend of USD 0.155 per share, equivalent to NOK 1.45 per share, in the fourth quarter of 2026. Payment is scheduled for 12 November 2026.

Board acts on 29 April AGM authorization

The Board approved the distribution on 21 October 2026, under the authorization granted by the Annual General Meeting on 29 April 2026. The declared currency is USD, with the NOK amount set at NOK 1.45 per share.

Shares trade ex-dividend on 29 October 2026

Investors must hold the shares by 28 October 2026, the last trading day including the dividend right. The stock trades ex-dividend on 29 October 2026, and the record date follows on 30 October 2026.

The cash payment reaches shareholders of record on 12 November 2026, two weeks after the record date.

ACER REMIT Screening Leads to Over €13M in EU Energy Fines

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ACER REMIT Screening Leads to Over €13M in EU Energy Fines

European Union – November 10, 2026 -- The EU Agency for energy regulation ACER screened more than 14,000 alerts for potential market abuse in 2025 and shared over 1,300 cases with national regulators, leading to fines of more than €13 million under REMIT, according to its 2025 Consolidated Annual Activity Report.

The Administrative Board adopted the report on 28 May 2026, after approval by the Board of Regulators.

ACER collected more than 19 billion transaction records under REMIT in 2025

The agency published its first surveillance performance reports. It supported the implementation of revised REMIT and the European Commission's preparation of the REMIT Implementing Regulation. It also supported the Delegated Act for registered market participants and inside information platforms. ACER launched the new REMIT Data Reference Centre and Inside Information Access Point.

PG&E Hits 1,500 Miles of Underground Lines as CPUC Threatens Plan

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PG&E Hits 1,500 Miles of Underground Lines as CPUC Threatens Plan

OAKLAND – November 10, 2026 -- Pacific Gas and Electric Company (PG&E) has installed and energized 1,500 miles of underground power lines in high fire-threat districts since launching its undergrounding program in 2021, cutting wildfire ignition risk on those lines by approximately 98%.

Customers served by the underground lines also experience approximately 90% fewer outages, according to the utility.

CPUC proposed decision would cut PG&E's eligible undergrounding from 5,000 to about 1,100 miles

The milestone arrives as the California Public Utilities Commission (CPUC) weighs a Proposed Decision in the SPD-37 Joint IOU Application proceeding. If adopted, it would reduce eligible undergrounding in PG&E's plan from 5,000 miles to approximately 1,100 miles. PG&E says this would hinder permanent risk reduction in the areas of highest wildfire vulnerability.

MISO CEO John Bear Joins Lineup as Featured Speaker

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MISO CEO John Bear Joins Lineup as Featured Speaker

United States – November 10, 2026 -- John Bear, who has led the Midcontinent Independent System Operator (MISO) as President and CEO since 2009, is listed as a featured speaker, bringing more than 30 years of utility-industry executive experience.

Bear has run MISO since 2009 after building its markets

Bear joined MISO in 2004. Before becoming CEO, he served as President and Chief Operating Officer, overseeing the initial design, implementation and daily operation of MISO's energy markets and transmission system planning. He now directs the grid operator's work with members to deliver reliable, low-cost energy through efficient and innovative operations and planning.