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U.S. Funds Tighten Grip on Canada’s Oil Patch
Yahoo Finance· 2025-10-23 18:00
Previously, we reported that the Trump administration has lately been taking over Canada’s rare earths companies as Washington looks to counter Beijing’s dominance in the sector. To wit, Canadian rare earths developer, Trilogy Metals (NYSE:TMQ), more than tripled three weeks ago after the U.S. government purchased a 10% stake in the company with warrants to purchase an additional 7.5% stake. The Trump administration announced that it will reverse a ban on the construction of the Ambler Road project in Alas ...
The expanding and changing electricity system increases costs – Fingrid to raise grid service fees at the start of the year
Globenewswire· 2025-09-25 12:00
Core Insights - Fingrid will increase grid service fees by 8% starting in 2026 due to a substantial investment program and rising costs in the expanding electricity system [1][2][3] - The increase in grid connection fees will also reflect cost developments [1] - Fingrid's investments have facilitated the connection of over 10,000 MW of clean electricity generation, contributing to lower electricity prices in Finland [1][2] Investment and Cost Structure - The growth in costs is driven by an extensive investment program aimed at addressing the needs of main grid customers and enhancing Finland's competitiveness through clean energy investments [2] - The changing electricity system will lead to increased costs in the future due to geographical segregation of electricity consumption and production, which raises transmission needs and losses [3] Impact on Households - The increase in grid service fees will have a moderate impact on household electricity bills, accounting for about 3% of the total bill, resulting in an approximate increase of 0.2% [4] - The electricity bill is composed of three parts: electrical energy (40%), electricity transmission (30%), and taxes (30%) [4]