Through employee giving, the dollar value of volunteer service and Duke Energy Foundation matching funds, more than $1 million was invested in the communities the company serves ST. PETERSBURG, Fla., Dec. 22, 2025 /PRNewswire/ -- In 2025, Duke Energy Florida employees once again demonstrated their commitment to strengthening the communities the company serves. Together, their generosity helped drive more than $1 million in community investment through local nonprofit organizations. From January through N ...

Core Insights - Duke Energy is actively providing energy assistance to families in need during challenging times, particularly as temperatures drop in the holiday season [1] Group 1: Financial Contributions and Community Support - In 2025, Duke Energy, its Foundation, customers, and employees contributed over $670,000 to community agencies in South Carolina to help families maintain warmth and power [2] - Since 2022, Duke Energy has contributed more than $11 million to nonprofit partners nationwide to assist customers in need [2] Group 2: Testimonials and Community Impact - Amanda Dow, Duke Energy Foundation South Carolina director, emphasized the importance of the Share the Light Fund in supporting families during tough times [3] - Kristi King-Brock, executive director of Anderson Interfaith Ministries, highlighted Duke Energy's consistent funding over 35 years, which has allowed thousands of low-income individuals to receive utility bill assistance [3] - Shelley L. Price, executive director of G.R.A.S.P., expressed gratitude for Duke Energy's support, which helps families facing difficult choices between utility payments and other basic needs [3] Group 3: Additional Support Initiatives - Duke Energy awarded $125,000 in microgrants in 2025 to South Carolina nonprofits to help make necessary repairs for households to qualify for energy efficiency improvements [4] - The company has increased incentives and eligibility for energy efficiency and demand response programs in South Carolina, providing more ways for customers to save money and energy [4] Group 4: Company Overview - Duke Energy is a Fortune 150 company headquartered in Charlotte, N.C., serving 8.6 million electric customers and 1.7 million natural gas customers across several states [5] - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner generation sources, including natural gas, nuclear, renewables, and energy storage [6]

19 December 2025 Asia-Pacific Gas Distributors Bernstein Energy: Twelve key takeaways in energy in 2025 Neil Beveridge, Ph.D. +852 2123 2648 neil.beveridge@bernsteinsg.com Brian Ho, CFA +852 2123 2615 brian.ho@bernsteinsg.com Hengliang Zhang +852 2123 2629 hengliang.zhang@bernsteinsg.com 1. Energy transition will take longer 2. It's hard to be an oil bull... but it's also hard to be too bearish 3. The most anticipated gas glut in history 4. Electricity is the new oil 5. Oil majors may be committed to net ze ...

Key Takeaways NextEra Energy's earnings growth outlook through 2028 is driven by steady renewable additions.NEE plans to add 36.5-46.5 GW of new renewables by 2027, expanding its clean energy generation portfolio.GE Vernova trades at a much higher forward P/E than NextEra Energy, giving NEE a valuation advantage.Decarbonization targets, emissions regulations and clean-energy mandates are compelling utilities and corporations to accelerate their shift toward renewable energy sources, such as wind, solar and ...

Core Insights - China's dominance in rare earths and critical minerals has highlighted global dependence on its production capacity, particularly for automakers, electronics manufacturers, and energy producers [1] - The trade tensions between the US and China have escalated, resulting in significant tariff increases and expanded export restrictions on critical minerals [2][3] - Countries are actively seeking to diversify their supply chains to reduce reliance on China, with the US leading these efforts [3][6] Group 1: Trade Relations and Geopolitical Tensions - The US-China trade conflict began with tariffs and has escalated to a 145% tariff rate on Chinese goods from the US, with China retaliating with a 125% counter rate [2] - China controls 40% of the world's rare earth reserves and 91% of global separation and refining capabilities, making it a critical player in the supply of essential minerals [3][4] - The mining industry is experiencing shifts due to geopolitical tensions, with countries competing for critical minerals necessary for energy transition [5][6] Group 2: Supply Chain Diversification - Countries are ramping up efforts to secure supply chains for critical minerals, with the US and Australia signing a $1 billion deal to enhance their rare earths market [9] - The US is exploring investment opportunities in Africa, while Australia is looking towards Brazil and Indonesia to diversify its mineral sources [10] - Nations producing critical minerals are becoming more assertive in capturing value, pushing for local processing and increased government participation [10][11] Group 3: Mining Industry Trends - The global mining industry is adapting to geopolitical shifts and increasing demand for critical minerals, with a focus on decarbonization and technological advancements [5][7] - The demand for copper is projected to grow by 2.1% by the end of 2025, despite challenges in production due to operational issues in key regions [12][13] - The mining sector is prioritizing security of supply over cost, leading to diversification into new regions and long-term agreements [11] Group 4: Electrification and Technology in Mining - The mining industry is increasingly adopting battery-electric vehicles (BEVs) and autonomous equipment to improve operational efficiency and reduce environmental impact [22][26] - As of March 2025, the number of battery-powered surface trucks has significantly increased, indicating a shift towards electrification in mining operations [23] - The deployment of autonomous mining equipment is expected to grow, particularly in large operations, enhancing productivity and safety [29][30]

Year-long disruptions at Grasberg, Kamoa-Kakula, and El Teniente drove copper prices higher. (Image: MINING.COM) Copper’s record-breaking 2025 has set up a tight but fragile market heading into 2026 as supply strains deepen, tariff fears distort trade flows and analysts flag long-term deficits.Prices are up 35% so far this year and heading for their largest gain since 2009. They surged past $11,800 a tonne this year, at one point sitting about 3% above any previous high as traders rushed metal into the US a ...

Core Viewpoint - Nexans has entered exclusive negotiations with Motherson for the sale of its wiring harness business, Autoelectric, for an enterprise value of €207 million, marking the final step in its transformation into a pure electrification player [1][2][3] Company Overview - Nexans is a global player in sustainable electrification, focusing on advanced cable solutions and services that support the transition to a low-carbon future [9][11] - The company operates in 41 countries with approximately 28,500 employees and generated €7.1 billion in standard sales in 2024 [11] Transaction Details - Autoelectric, based in Floss, Germany, generated approximately €749 million in annual sales in 2024 and employs nearly 14,000 people [2] - The transaction is expected to be completed by mid-2026, subject to regulatory approvals, and will involve a series of sales of shares and assets [3][5] Strategic Implications - This divestment completes Nexans' strategic shift away from non-electrification activities, allowing it to focus on its "Sparking Electrification" strategy [3] - Motherson is seen as a strategic fit for Autoelectric, providing an environment conducive to growth and innovation in wiring harness solutions [3][12] Financial Outlook - Following the transaction, Autoelectric will be classified as "Assets Held for Sale" in Nexans' 2025 financial statements, and the Industry and Solutions Businesses will be classified as discontinued operations [4][5] - The 2025 guidance has been adjusted to reflect the new scope of continuing operations, with adjusted EBITDA guidance now set at €710 million to €760 million [6][7]

Core Insights - ArcelorMittal announces three new renewable energy projects in India, totaling 1GW of capacity, which will double its renewable energy capacity in India to 2GW and increase its total global capacity to 3.3GW [1][4] - The projects will result in significant annual CO2 savings, contributing to the company's commitment to sustainable energy and climate responsibility [2][3] Project Details - The three projects include: - Amaravati, Maharashtra: 36MW solar capacity with annual CO2 savings of 0.04 million tonnes, expected completion in H1 2027 [1] - Bikaner, Rajasthan: 400MW solar and 500MWh battery storage, with annual CO2 savings of 0.65 million tonnes, expected completion in H1 2028 [1] - Bachau, Gujarat: 250MW wind, 300MW solar, and 300MWh integrated battery storage, with annual CO2 savings of 0.9 million tonnes, expected completion in H1 2028 [1] Financial Overview - Total capital expenditure for the three projects is estimated at $0.9 billion, with generated power supplied to AMNS India, a joint venture with Nippon Steel [1][2] Environmental Impact - Upon completion of all projects, total annual CO2 savings will reach 4 million tonnes, providing 35% of electricity requirements for AMNS India's Hazira steelmaking operations [3] Global Strategy - In addition to the Indian projects, ArcelorMittal is also developing renewable energy projects in Brazil and Argentina, contributing to a total of 3.3GW of electrical power generation across all regions [4]

Core Viewpoint - The European Commission has revised its plan to ban the sale of gas-powered cars by 2035, allowing for 10% of new car sales to be hybrids or other vehicles with carbon offsets, reflecting a need for flexibility in the automotive industry [1][2]. Industry Response - Traditional European carmakers are likely to support the revised plan, as they have been struggling to compete with Tesla and affordable electric vehicles from China, and have requested more time to transition away from hybrid vehicles [3]. - The policy change has created divisions among electric vehicle (EV) startups and their investors, with some expressing concerns about the long-term implications for Europe's competitiveness in the EV market [3][5]. Competitive Landscape - Craig Douglas from World Fund emphasized that without clear and ambitious policy signals, Europe risks losing its leadership in the EV industry to China, which already dominates EV manufacturing [4]. - The traditional automobile industry, which accounts for 6.1% of total EU employment, has exerted pressure on the European Commission, influencing the decision to soften the original 2035 target [5]. Diverging Opinions - Within the auto industry, there are differing opinions on the revised timeline. Volvo has expressed concerns that backing down on long-term commitments could undermine Europe's competitiveness, advocating for increased investment in charging infrastructure instead [6]. - Issam Tidjani, CEO of Cariqa, warned that weakening the 2035 zero-emission mandate could hinder overall electrification progress, citing historical evidence that such flexibility has not been beneficial [7].

Asia Oil & Gas Equities How China seeks gas supply balance Asia Risk of oversupply looms: Gas demand in China may grow at a slower pace than GDP due to a shift towards electrification, while the transition from coal-to-gas is peaking, in our view. We now project gas demand could peak by 2035 at 563 bcm/y, which is up to 5 years earlier than expected by the state-owned oil/gas majors (c620 bcm/y). In this environment, LNG imports would still need to expand until mid-2030s, limited by domestic production with ...