Today: 4 July 2026
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Renewable Energy 26 January 2026 - 31 January 2026

National Grid’s North Sea “GriffinLink” plan puts its share price back in focus

National Grid’s North Sea “GriffinLink” plan puts its share price back in focus

National Grid and Germany’s TenneT have unveiled plans for a new power link connecting offshore wind farms in the North Sea, capable of transferring up to 2 gigawatts between the two nations. The announcement pushed National Grid’s shares slightly higher during early trading in London on Monday. Timing is crucial. European governments aim to lock in offshore wind goals, but the bottleneck has shifted away from turbines. Now, the challenge lies with onshore connections, substations, and cross-border cables—projects that drag on for years, spark protests, and soak up capital.
Puducherry could meet 60%+ of power demand from renewables by 2030, Auroville study says

Puducherry could meet 60%+ of power demand from renewables by 2030, Auroville study says

Puducherry has the potential to supply over 60% of its electricity needs from renewable energy by 2030, far exceeding both current levels and its official goals, a study by Auroville Consulting reveals. This is crucial because the same modelling forecasts a steep jump in demand as the industry scales up and urban areas expand, driving peak load higher by 2029-30. For a small grid, the gap between power generation and actual demand can quickly turn into a costly issue.
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Stock Market Today

  • Indexes Split as Chip Stocks Fall on AI Worries, Jobs Miss
    July 4, 2026, 10:52 AM EDT. S&P 500 closed flat, with the Dow Jones Industrial Average up 1.14% and reaching a record. The Nasdaq 100 slid 1.61% as chipmakers fell for a second straight session, weighed by doubts about AI momentum and a selloff in South Korea's Kospi, where SK Hynix and Samsung Electronics dropped. US June payrolls came in softer than forecast at 57,000, while the unemployment rate fell to a one-year low at 4.2%, fueling bets on a Fed rate pause. Factory orders showed smaller losses and good gains outside transport. Q2 earnings outlooks stay strong, helped by AI-linked infrastructure stocks. WTI crude dropped to its lowest in over four months as supply climbed.
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