UK ministers row back from extending windfall tax on energy firms Liz Truss and Kwasi Kwarteng make clear they do not support idea briefed by Treasury sources on Tuesday The Guardian - UK · Aug 10, 2022
UK winter blackouts: When could they happen and how long would they last? Households could lose power for up to three hours at a time in the worst-case scenario. Evening Standard · Aug 10, 2022
Scottish Government 'monitoring' risk of winter blackouts and energy supply issues THE Scottish Government is "monitoring" the risk of power blackouts and energy supply issues, The National can reveal. The National (Scotland) · Aug 10, 2022
Energy boss adds to calls for Sunak, Truss and Johnson to come together on bills Energy bosses are expected to meet with ministers on Thursday. The Independent UK · Aug 10, 2022
South Africa's proposed electricity industry reform: lost in translation? South Africa’s ruling party recently proposed establishing a second state-owned power company. The purpose is to offset the “grave strategic risk” of relying on Eskom, the country’s monolithic state-owned utility. The Conversation · Aug 10, 2022
India to start supplying petrol with 20% ethanol from April 2023 PANIPAT: India will start supplying petrol with 20 per cent ethanol at select petrol pumps from April next year and will ramp up supplies thereafter as it looks to cut oil import dependence and address environmental issues. The Times of India · Aug 10, 2022
Octopus Energy boss says blackouts unlikely this winter as he urges No 10 to help out families Greg Jackson: ‘The last support package was really significant. It’s just that the crisis has deepened since then’ Birmingham Post · Aug 10, 2022
US inflation falls to 8.5% in July but still close to multi-decade high Gas prices drop sharply after a hitting a national average of $5 a gallon in mid-June The Guardian - US · Aug 10, 2022
Boosting renewable energy use can happen quickly – and reduce harm to low-income people if done thoughtfully With many nations making efforts to transition away from fossil fuels to renewable energy, SciLine interviewed Erin Baker, a professor of industrial engineering and operations at UMass Amherst. Baker discussed the technological, political and regulatory efforts needed for this transition, as well as ways that our fossil fuel-dependent system disproportionately… The Conversation · Aug 10, 2022
Labour blasts ‘absurd’ tax regime after report shows oil giant Shell received £100m from UK Call for companies to pay ‘fair share’ during cost of living crisis The Independent UK · Aug 10, 2022
Shell paid no tax on UK production in 2021 and received £100m from taxpayer, Labour claims With consumers facing £4,200 average household bills next year Labour called on the Tory government to do more to squeeze the oil giants record profits. Daily Record · Aug 10, 2022
UK ‘could face four day blackouts and gas cuts’ under ‘worst case scenario’ energy plan Government insists it does not expect the scenario to happen despite concerns over supplies and soaring energy costs The Independent UK · Aug 10, 2022
Russian oil shipments to central Europe expected to resume Slovakia's economy minister says oil shipments from Russia through a critical pipeline to several European countries should resume soon after a problem over payments for the transit was resolved The Independent UK · Aug 10, 2022
Energy boss calls for more government help for customers It comes amid rising concerns that many households may face energy blackouts in the coming winter Manchester Evening News · Aug 10, 2022
The National (Scotland) · Aug 10, 2022 UK faces 'days of power blackouts' over winter, UK Government document reveals HOUSEHOLDS across the UK could face four days of power blackouts as part of the UK Government’s “worst-case scenario” preparations for…
Insider UK · Aug 10, 2022 First turbine installed at Scottish wind farm extension Developer aims to have the turbines generating electricity by the end of this year
Birmingham Post · Aug 10, 2022 Prax Group buys new vessel to carry Lindsey Oil Refinery marine fuel to UK and European ports Fortuna II arrives seven months after big sister Fortuna I was welcomed
Irish Mirror · Aug 10, 2022 Amber alert on Ireland's electricity in worrying update as UK blackout fears intensify While Eamon Ryan has ruled out any possibility of rationing in Ireland, the latest update from the Single Electricity Market Operator operated by EirGrid is not good news
Asharq Al-Awsat · Aug 10, 2022 Egypt Adopts Measures to Rationalize Electricity Consumption Egypt is seeking to increase its hard currency revenues, as a result of the rise in interest rates on the dollar. Egypt’s financing needs are increasing despite record revenues achieved from the Suez Canal Authority, which reached USD 7 billion in the last fiscal year, remittances from Egyptians abroad that…
The Guardian - AU · Aug 10, 2022 Australia should abandon goal to limit global heating to 1.5C, says gas company eyeing Beetaloo Basin Tamboran Resources, which received $7.5m to explore Beetaloo Basin, argues target may hinder ‘climate improving’ gas projects
The Independent UK · Aug 10, 2022 Ministers to ‘knock some heads together’ in crisis talks with energy bosses Education Secretary James Cleverly confirmed the meeting as he sought to downplay concerns over energy blackouts this winter.
The Independent UK · Aug 10, 2022 EXPLAINER: Fighting in Ukraine endangers big nuclear plant Russia and Ukraine have accused each other of shelling Europe’s largest nuclear power plant, stoking international fears of a catastrophe
The Guardian - UK · Aug 10, 2022 E.ON slashes value of investment in Nord Stream 1 by almost £600m German firm’s revaluation represents 58% decline following ‘increased uncertainties’ after Ukraine invasion
Nottingham Post · Aug 10, 2022 Asda, Tesco, BP and Shell warning to drivers over fuel prices Campaigners say costs should be cheaper
The Guardian - UK · Aug 10, 2022 UK ministers to meet energy bosses amid talk of toughening up windfall tax Government admits any policy decisions unlikely to be made before new prime minister announced