Business

After rescue deal, Siemens Energy unveils massive loss

Siemens Energy reported a 4.59-billion-euro ($5-billion) annual loss Wednesday, dragged down by a crisis in its wind power unit, a day after a government-backed rescue package was unveiled for the German group.

Energy & Green Tech

Privacy choices for smart meters may have consequences for decades

Smart meters have become commonplace in the Netherlands: the vast majority of households now have one in their fuse box. And yet, some 10 years after their introduction, there are still many questions and challenges surrounding ...

Energy & Green Tech

US energy secretary says G7 can lead global emissions cuts

Wealthy nations can lead by example in cutting carbon emissions, though much faster action is needed to stem global warming, U.S. Energy Secretary Jennifer Granholm said Friday in an interview with The Associated Press.

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