Berkshire Hathaway buys more Occidental Petroleum shares

03 ottobre 2025 Riportato dall'IA

Warren Buffett's Berkshire Hathaway has made its largest stock purchase in years by acquiring additional shares in Occidental Petroleum. The investment increases Berkshire's stake in the energy company to nearly 30%. This move comes as Buffett, now 94, continues to build his position in the oil producer.

US power bills soar and face further increases

Electricity bills for American households have surged by nearly a third since 2019, driven by rising demand and infrastructure costs. Experts predict another significant hike by the end of the decade as data centers and electrification strain the grid. This trend threatens household budgets amid broader economic pressures.

Katherina Reiche sharply criticizes Germany's energy transition

Former CDU politician Katherina Reiche has labeled Germany's Energiewende a failure and resistant to advice. In an interview with Spiegel Online, she voices sharp criticism of current policies. Her stance elicits mixed reactions within her party and from environmentalists.

Scientists develop new catalyst for efficient hydrogen production

Researchers have created a novel catalyst that enhances hydrogen production from water electrolysis. This advancement promises more sustainable and cost-effective green hydrogen generation. The study was published on October 3, 2025.

Fermi sees strong demand for its upcoming IPO

Fermi, a startup focused on AI power generation, is experiencing robust investor interest in its initial public offering. The demand is fueled by the growing needs of AI data centers and potential supportive policies from a Trump administration. The company aims to capitalize on these trends to fund expansion.

Scientists develop sunlight-driven method for carbon capture

Researchers have unveiled a novel technology that uses sunlight to convert carbon dioxide into valuable chemicals, offering a potential breakthrough in climate mitigation. The method, detailed in a recent study, achieves high efficiency without external energy inputs. This innovation could transform industrial emissions into useful products.

Power plant in Karlskrona hit by cyberattack

04 ottobre 2025 Riportato dall'IA

A combined heat and power plant in Karlskrona, known as Mältan, suffered a cyberattack that disrupted operations overnight. Police are investigating the incident as a suspected IT crime. The plant supplies district heating and electricity to the area.

Berkshire Hathaway reportedly eyes petrochemical investment

01 ottobre 2025 Riportato dall'IA

Warren Buffett's Berkshire Hathaway is considering a major deal in the petrochemical sector, potentially its largest acquisition in three years. Reports indicate the investment aligns with the company's history of value bets in industrials. Details remain unconfirmed by the firm.

Illinois utility tests bidirectional charging with electric school buses

ComEd, an Illinois utility, has launched a pilot program using electric school buses for bidirectional charging to stabilize the power grid. The initiative allows buses to return energy to the grid during peak demand periods. This marks an innovative step in integrating electric vehicles into grid infrastructure.

New material boosts battery energy density by 50 percent

Scientists at the University of California have unveiled a groundbreaking material that enhances lithium-ion battery performance. The innovation promises to extend the range of electric vehicles and portable devices significantly. Details were published in the journal Nature on September 30, 2025.