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The Midcontinent Independent System Operator faces increasing uncertainty regarding both loads and generation over the next decade, but efforts are underway to help address the situation affordably and reliably, MISO board members learned at a March 24 meeting in Memphis, Tennessee. “There’s much work ahead of us as a MISO community to ensure that we […]

Africa will need a different roadmap to reduce carbon emissions, with a focus on a just energy transition on a continent where 60% of the population does not have access to electricity, speakers at the African Refiners and Distributors Association conference said during the week starting March 20. The speakers at ARDA’s 2022 conference in

Using sanctions to maintain and increase economic pressure on Russian President Vladimir Putin for months to come will be key to ending the Ukraine war, US President Joe Biden said March 24. Biden said during a Brussels press conference that the top priority of his trip was to urge his European counterparts to “sustain what

Capstone Mining and Mantos Copper have completed their merger to create a mining producer with operations in Chile, Mexico and the US, the renamed Capstone Copper said in a statement March 23. “This company has the makings of becoming a Canadian-based copper champion driven by our long-life assets, our experienced management team, and our strong

Coal will help solve the European Union’s current energy price squeeze, even while the Russia-Ukraine crisis is expected overall to speed up actions towards the energy transition, participants in a shipping panel at the FT Commodities Global Summit said March 23. “The only commodity that can help solve the energy crisis in Europe in the

The UK government has agreed to lift the 25% retaliatory tariff on US milled and broken rice imports from June 1, it said late March 22. The tariff is currently placed on the total delivered cost of the goods, making concluding competitive trade into the country incredibly difficult given the rapid rise in freight rates

The Chinese consumption of imported Indian pellets is unlikely to recover in the coming months after falling end-February, as the escalating Russia-Ukraine conflict and spike in domestic COVID-19 cases exacerbate demand concerns at a time when domestic steel mills struggling with weak margins are procuring cautiously. China imported 327,000 mt and 1.25 million mt of

Recent turmoil in the nickel market has been complicated for electric vehicle car manufacturers, spurring EV price rises and encouraging market growth for LFP (lithium iron phosphate) batteries which don’t contain nickel, participants at the FT Commodities Global Summit said March 22. There will be “a significant increase in demand” for cell chemistries that do

To advance the US-EU plan for the world’s first carbon-based arrangement on steel and aluminum trade, it is going to take strong international corporation, coupled with supportive domestic policies, panelists said during a webinar March 22. The US and EU first announced plans in October to negotiate arrangements for trade in the steel and aluminum

Governments and regulators may need to act to avoid possible critical shortages in the metals markets, global trader Trafigura’s CEO Jeremy Weir said March 22. The situation regarding supplies “at the moment doesn’t look good,” Weir told delegates at the FT Global Commodities Summit in Lausanne. Tightness could be alleviated by governments offering fiscal stimulus