Latest news with #generators
Bloomberg
a day ago
- Business
- Bloomberg
Chinese Thermal Coal Hits 5-Month High on Heat and Disruptions
Power plant coal prices in China have risen to the highest level since March, as downpours in mining areas disrupt output and scorching heat in cities boosts cooling demand for the fuel. Spot prices in Qinhuangdao, the country's benchmark, rose to 678 yuan ($94) a ton this week, the highest since March 17, according to China Coal Resource. Prices are up 11% since their four-year trough in June, which was hit after record output in the first half of the year lifted inventories, and the expanded use of renewables caused generators to burn less coal.
CBC
3 days ago
- Climate
- CBC
Power still out in Hay River, N.W.T., after second generator-caused outage in 3 days
The Northwest Territories Power Corporation is asking customers in Hay River, N.W.T., to conserve energy as it struggles to repair generators and end an hours long outage for nearly half the community. This is the second outage in three days for Hay River. In it's latest update on its Facebook page, Northwest Territories Power Corporation said it is was working on repairing two of its largest generators, but it does not yet have an estimated time for when the generators will be fixed. It says it plans to move an additional rental generator to the site as soon as possible. It's asking customers with power to limit their use until power has been restored to all homes. Around 10 a.m. Friday, the Northwest Territories Power Corporation said it was experiencing "technical difficulties" with a generator. Just after 4 p.m. local time, the corporation said power had been restored to more than half the town, but some areas remain without power. K'atlodeeche First Nation is also without power. The outage comes after a lengthy power outage on Wednesday, when temperatures outside reached more than 30 C. That day, people were without power for between five and nine hours, depending on where they lived. Keyna Norwegian, who was visiting the community this week in an effort to escape the smoke hanging over her home of Fort Simpson, said the outages worry her — in part because it was so hot on Wednesday, though Friday was cooler. "Somebody said it was like plus 40 in their house, and I said, holy crap — there's no escape from that heat," she said. "Their house is hotter than outside. There's nowhere to go to cool off. So that's kind of scary." She said it's also bad news for business owners. "They can't do anything without power. So they're losing money," she said "It hurts your pockets big time, seven hours without being able to operate — you depend on those seven hours." Earlier this week, Hay River was taken off Taltson hydro power for a three-week period so the hydro facility could undergo maintenance. The community is being powered by diesel generators in the meantime, which is where the source of both outages has stemmed from.
CBC
07-08-2025
- Business
- CBC
Yukon Energy selects 10 potential sites for $100M fossil fuel generator
It's called the Whitehorse Power Centres. The project was first made public in April. It'll see generators powered by either diesel, LNG or both, replacing the ones that the corporation has rented for the past seven winters. Isabel Ruitenbeek reports.
Yahoo
26-07-2025
- Business
- Yahoo
Generac Holdings Inc. (GNRC): A Bull Case Theory
We came across a bullish thesis on Generac Holdings Inc. on Stock Analysis Compilation's Substack. In this article, we will summarize the bulls' thesis on GNRC. Generac Holdings Inc.'s share was trading at $153.39 as of July 24th. GNRC's trailing and forward P/E were 26.69 and 21.74 respectively according to Yahoo Finance. A technician in protective gear repairing a huge generator at a power plant. Generac Holdings, Inc. (GNRC) is a dominant global manufacturer of power generation equipment, holding roughly 80% of the North American residential home standby generator market. The company's unmatched distribution network, comprehensive product portfolio, and strong brand recognition have built a wide moat around its niche business. Historically, the adoption of home standby generators was limited by low consumer awareness and relatively high price points. However, rising concerns over weather-related and infrastructure-driven power outages have significantly increased awareness among both residential and commercial customers, creating a structural tailwind for long-term demand. This shift is expected to drive sustained growth, margin expansion, and robust free cash flow generation. Despite these favorable fundamentals, GNRC's stock faced pressure from near-term concerns about tariffs and a weakening consumer environment, creating an attractive entry point. Management remains confident in the company's ability to navigate these temporary headwinds while capitalizing on growing market penetration and rising demand for backup power solutions. With its leading market share, competitive advantages, and an expanding customer base, Generac is well-positioned to benefit from increasing grid reliability issues and a structural shift toward backup power security. For long-term investors, the current valuation provides an appealing opportunity to own a resilient, high-quality business with multiple growth levers and improving cash generation, offering an attractive risk/reward profile as awareness of home standby power solutions continues to accelerate. Previously, we covered a on Otis Worldwide Corporation (OTIS) by Brass Tacks Cap in October 2024, which highlighted its leading position in elevators, recurring service revenues, and high customer retention. The stock has depreciated about 13.71% since then as the thesis has not yet played out. The thesis still stands, while Stock Analysis Compilation shares a similar view on Generac Holdings Inc. (GNRC), emphasizing rising demand for backup power. Generac Holdings Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held GNRC at the end of the first quarter which was 59 in the previous quarter. While we acknowledge the potential of GNRC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
22-07-2025
- Business
- Bloomberg
AI Boom Keeps Key Power Costs at Record on Largest US Grid
By Updated on Save Business and households supplied by the largest US grid will pay $16.1 billion to ensure there is enough electricity supply to meet soaring power demand, including that from a massive buildout in AI data centers. The payouts to generators for the year starting June 2026 topped last year's record $14.7 billion, according to PJM Interconnection LLC, which operates the grid stretching from the Midwest to the mid-Atlantic. That puts the capacity price per megawatt each day at $329.17 from $269.92.
