European countries have built renewable capacity at remarkable speed, but its power grids aren't keeping pace (via @opinion) https://t.co/gGRiBcM3hS ...

We want to thank everybody for being here uh for us to provide an update to our fellow Texans about a very severe winter weather storm that's going to be crossing the entire state of Texas. >> A powerful winter storm is bearing down on Texas. [music] It's shaping up to be the biggest stress test of the state's electrical grid since the deadly freeze of 2021.Ice [music] is forecast around Dallas. Snow is expected in the panhandle and Austin could see temperatures plunge to 16 degrees Fahrenheit, about [music ...

A massive winter storm reached the US Atlantic Coast on Sunday, bringing heavy snow and ice, straining power grids and grounding thousands of flights at levels not seen since the pandemic. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect ...

US power grids are under mounting pressure following a winter storm that blanketed the South and Mid-Atlantic with deep cold and heavy ice, driving up heating demand and raising the risk of blackouts https://t.co/QpOg4eADRu ...

So where are we. Has it gotten any better. Still going to snow, Josh. It's still going to snow. It's going to snow a lot.We're going to see up to a foot of snow here in New York City on Sunday. I canceled my kid's basketball game. But snow is already following in the Rockies.And what's amazing about this one is it's such a huge part of the United States. This will affect up to 170 million people stretching. It's going to stretch 1500 miles.And a big test will be Texas on Monday morning. Why Texas is such a ...

Market Overview - Copper prices have surged, breaking through $13,000 a ton for the first time, driven by investor optimism regarding a tighter market and a risk-on sentiment in broader financial markets [1] - Three-month futures reached a record $13,387.50 a ton, reflecting a 3.1% increase, as expectations of potential tariffs on refined metals by the Trump administration have led to significant inventory movements into the US [2] Inventory Dynamics - Inventories that previously acted as a buffer are now largely concentrated in the US, leading to concerns about global shortages as miners struggle to increase output [3] - The LMEX Index, which tracks six base metals including copper, has seen its highest levels since March 2022, with copper gaining over 20% since late November [3] Trade and Tariff Implications - The US copper imports in December reached their highest levels since July, influenced by the Trump administration's tariff exemptions on refined metals, which initially paused trade but has since revived due to renewed tariff discussions [3] - The Department of Commerce is expected to provide an update on US copper markets by the end of June, with a potential decision on tariffs for refined metal anticipated [6] Demand Factors - The rally in copper prices is supported by optimism regarding demand in high-growth sectors such as renewable energy, data centers, and power grids [5] - The weakening dollar has also contributed positively to copper and other commodities, as investors engage in the debasement trade [4] Expert Insights - Industry experts, including BlackRock's Evy Hambro, suggest that the copper market could become "very exciting" if various factors align, indicating strong bullish sentiment [5] - Kostas Bintas from Mercuria Energy Group has warned that the current import rush could leave the rest of the world without sufficient copper, highlighting the potential for significant market movements [5]

Renewable Energy Expansion - Germany's power grids are struggling to cope with the surge in new renewable projects [1] - EON suggests Germany should slow the pace of wind and solar expansion [1]

The Trump administration is pushing regulators to drastically accelerate the process of allowing the booming data-center sector to connect to power grids https://t.co/R0OrSAR9KH ...

Climate Policy & Investment - EU's climate chief expects major pension funds to invest in modernizing the region's power grids [1]

Industry Resilience - European power grids need to improve resilience [1] Investigation Findings - Investigation into a wide-ranging blackout in Spain earlier this year [1]