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A UK startup that uses DNA to assess biodiversity has secured $25 million in funding.
NatureMetrics Ltd, a UK startup that helps clients assess natural impacts, has completed a $25 million (£20.4 million) Series B financing round. The company stated that this funding will support its expansion to achieve self-sustaining profitability goals. The round was led by Just Climate, an investment institution under Generation Investment Management, founded by former USA Vice President Al Gore, along with EDF Pulse Ventures and Monaco.
Express News | Edf: Hydro Output up 30.3% in France in 2024, to 50.5 Twh
Virtus Stone Harbor Emerging Markets Income Fund To Go Ex-Dividend On January 13th, 2025 With 0.06 USD Dividend Per Share
France's nuclear energy generation reached a five-year high.
France's nuclear power generation has risen to its highest level since February 2020, helping to offset the decline in wind power generation in Europe. According to data from the grid operator RTE, as of 7:30 AM local time on Thursday, the generation capacity of the 56 nuclear reactors of Electricité de France (EDF) is 51,906 megawatts. Meanwhile, a model predicts that the wind power generation in Germany, Europe's largest electricity market, is only a small fraction of this figure. Additionally, EDF raised its nuclear power generation target for the second time this year on Wednesday. The company expects its generation capacity to be between 358 terawatt-hours and 364 terawatt-hours this year.
December 2024 Europe electrical utilities market monthly report: Wind power generation rebounds.
As wind power generation rebounded from low wind speeds last month, the electricity market in Europe is expected to loosen in December. The low wind speeds last month led to an increase in fossil fuel electricity generation to meet the demand for electrical utilities. Due to persistent demand destruction, winter electricity consumption in Germany, France, and the united kingdom is expected to remain subdued, lower than last year's levels. Nevertheless, with the increase in natural gas prices, forward electricity prices have risen, reflecting lower temperature forecasts and a decrease in wind power generation compared to the unusually high winds of 2023. With the winter approaching, the total electricity demand in Germany, France, and the united kingdom this month is expected to reach 142GW, an increase of 4.3% compared to November.
Virtus Stone Harbor Emerging Markets Income Fund To Go Ex-Dividend On March 13th, 2025 With 0.06 USD Dividend Per Share
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