May 24 Energy News
World:
¶ The private sector is leapfrogging inefficient state-owned utilities in Africa to deliver electricity to rural people, according to a report by consulting firm PwC. An estimated 80% of those without electricity live in rural areas, where transmission are excessively expensive. [BDlive]
Renewable energy programs aim to bring power
to remote locations. File picture: CIRCA
¶ A strike over new labor laws has spread to all of France’s eight oil refineries, the CGT union says, in an escalating dispute with the government. An estimated 20% of gas stations have either run dry or are low on supplies. Clashes broke out at the refinery at Fos-sur-Mer in Marseille. [BBC]
¶ The owner of London Taxi Company, the manufacturer of London’s iconic black cabs, has reportedly raised $400 million in new funding through a green bonds sale. These new funds will reportedly be used to electrify the…
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