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The Latest Breaking News on Energy

Gas flows to Europe won’t resume until sanctions lifted: Russia

The Kremlin says Western sanctions caused the decision to stop gas flows down the Nord Stream pipeline.

Al Jazeera

Blackouts possible as California power grid declares emergency as usage, conservation climb

SACRAMENTO, Calif. — Staring at the possibility of Labor Day blackouts, managers of California’s power grid issued an extended Flex Alert for Monday afternoon and evening but warned that voluntary conservation might not be enough to keep the lights on.

Tribune News Service

Germany to delay phase-out of nuclear plants to shore up energy security

Last two working plants were due to be mothballed, but will be used as emergency reserve into 2023 after Russia cuts off gas

The Guardian - UK

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Germany faces a new kind of cold war this winter

Neither technical problems nor economic sanctions explain the lack of gas from Russia – Putin is deliberately making gas scarce as part of his war against Europe, says Oliver Hartwich

Newsroom.co.nz

Ukraine says Europe's largest nuclear plant offline after Russian shelling

It comes a day before UN inspectors are due to report on efforts to avert a potential disaster at the Ukrainian site

Wales Online

'Raw deal' for UK drivers in petrol price rip-off despite record decreases

Although petrol prices sank to 169.8 per litre at the end of August, the RAC reports they should be at around 161p due to current wholesale costs.

Chronicle Live

Macron urges French to save energy, says ready to send gas to Germany

French President Emmanuel Macron said on Monday that his country was ready to deliver gas to Germany this coming winter should Europe's gas squeeze make such a move necessary, urging French citizens to reduce their energy consumption in order to stave off rationing and cuts.

France 24

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Macron urges French to save energy, seeks 10% drop in use

French President Emmanuel Macron is calling for a sharp 10% reduction in the country’s energy use in coming weeks and months to avoid the risk of rationing and cuts this winter, amid tensions with supplier Russia over the war in Ukraine

The Independent UK

Russia says it will not resume gas supplies to Europe unless sanctions are lifted

Kremlin spokesman Dmitry Peskov blamed the “collective West” for its decision to shut down flows through the Nord Stream pipeline

Evening Standard

EU gas price skyrockets as Russia shut down major Nord Stream pipeline

News of the pipeline’s indefinite closure on Friday caused the euro to sink below the dollar to $0.99 on Monday — its lowest level in 20 years

Irish Mirror

‘Winter is coming’: Iran tempts Europe with promise of cheaper gas in exchange for nuclear deal

Experts caution it would be years before Iran’s gas could get to Europe

The Independent UK

Russia will not resume gas supplies to Europe until sanctions lifted, says Moscow

Kremlin blames western sanctions for failure to deliver gas through Nord Stream 1 pipeline

The Guardian - UK

New Prime Minister Liz Truss urged to reinforce renewables credentials to ease cost of living crisis

Fast-track approach to UK generation laid out in Energy Security Strategy sought from new leader

Birmingham Post

Western Australia has the cheapest energy in the OECD, as prices go sky high in eastern states

The costs of energy have dramatically jumped across Australia as war and shortages make themselves felt globally but WA has been spared the shock

The New Daily

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Al Jazeera

What are Liz Truss’s major policies as UK’s prime minister?

New leader of the Conservative Party Liz Truss has ruled out new taxes and energy rationing amid soaring inflation.

Asharq Al-Awsat

Ukraine Says Nuclear Plant Offline after Russian Shelling

Europe’s largest nuclear plant was knocked off Ukraine's electricity grid Monday after its last transmission line was disconnected as a result of a fire caused by Russian shelling, the facility’s operator and the UN atomic watchdog said. The International Atomic Energy Agency said it was informed Monday by Ukrainian authorities…

The Independent UK

Germany to publish results of energy 'stress test'

Germany's government plans to publish the results of a highly anticipated study into how the country’s energy sector will cope with possible shortages in the coming months

Financial Times

Russia switches off Europe’s main gas pipeline until sanctions are lifted

Gazprom had previously said it was halting flows through Nord Stream 1 because of a technical fault

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Evening Standard

Gas prices soar again after Russia shuts off pipeline

Benchmark European prices rose by 30 per cent after the Nord Stream 1 pipeline was closed off

Asharq Al-Awsat

Euro Plunges to 20-Year Low after Russian Gas Halt

The euro sank to a new 20-year low on Monday and below $0.99 after Russia's halt to gas supplies down its main pipeline to Europe heightened fears about a deepening energy crisis across the region. The euro has been increasingly correlated with natural gas prices in recent months, with the…

France 24

Germany puts nuclear reactors on standby amid Europe's energy squeeze

Germany said on Monday it would keep two nuclear plants on standby beyond the end of the year in a policy U-turn as Europe scrambles to make up for a sharp drop in Russian gas supplies. Meanwhile, Ukrainian forces claimed gains in a counter-offensive against the Russian army in southern…

Newcastle Herald

Hunter industry needs energy security in a hurry

The Hunter's peak business group has warned the productivity of region's industrial power users will be threatened unless more baseload generation comes on line in the near future.

Asharq Al-Awsat

Gas Prices Soar as Indefinite Halt of Nord Stream 1 Kindles Winter Fears

Dutch and British wholesale gas prices soared on Monday morning, reversing most of a downward trend seen the previous week, after Russian gas deliveries to Germany via the Nord Stream 1 were suspended indefinitely over the weekend. The British contract for day-ahead delivery sky-rocketed 200 pence, or 133% to 350…

Manchester Evening News

Martin Lewis tells former MP 'You cannot ignore the rise in bills' following row over cost of living 'catastrophe'

The Money Saving Expert stressed that people are referring to the current energy crisis as a 'catastrophe'

The Guardian - UK

Gas prices soar and pound and euro fall as Russia shuts Nord Stream pipeline

European countries scramble to store as much gas as possible before winter as they brace for shortages

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