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The Latest Breaking News on Energy

Muswellbrook pumped hydro project gets $9.5m boost

AGL and Idemitsu Australia have received $9.45 million state government funding to progress work on a feasibility for study for the proposed Muswellbrook Pumped Hydro project at Bells Mountain.

Newcastle Herald

Venezuela government again accuses ex-oil czar of wrongdoing

The Venezuelan government is again accusing its former oil czar of wrongdoing while he oversaw the country’s most important industry

The Independent UK

Biden's effort to isolate Russia has a big problem: India

India is buying Russia's oil and joining military exercises.

Axios

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Energy war as West caps Russian oil price, Moscow keeps gas pipe shut

Rich countries agreed on Friday to try to cap the global price of Russian oil, while Russia delayed the re-opening of its main gas pipeline to Germany, as both sides raised the stakes in an energy war between Moscow and the West over Ukraine.

Reuters

As inspectors leave Ukraine's nuclear plant, the mayor of a nearby town has high hopes

Enerhodar Mayor Dmytro Orlov speaks to NPR about the risks of attacks and nuclear disaster with Ukraine's Zaporizhzhia plant under Russian occupation.

WEKU

Good news – there's a clean energy gold rush under way. We'll need it to tackle energy price turbulence and coal's exodus

This week, the Australian Energy Market Operator warned gaps in electricity supply are likely within three years.

The Conversation

California Legislators Vote To Keep Diablo Canyon Nuclear Plant Running

Wonderful news for California's economy and consumers!

Reason

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Fighting at Ukraine nuclear plant brings chances of a meltdown to a 'coin toss', expert says

As calls continue for an end to military activity around Ukraine's Zaporizhzhia power plant, experts are warning there's significant risk of a nuclear accident.

ABC News

Oil leaks from carrier ship after it crashed into another near Gibraltar

Divers have sealed the source of the leak and oil is being collected by authorities

Evening Standard

IAEA chief leaves Ukraine nuclear plant after brief visit

International Atomic Energy Agency Director General Rafael Mariano Grossi and some team members left a nuclear power plant occupied by Russian forces in Ukraine on Thursday after spending several hours there, amid reports of increased shelling in the area.

Tribune News Service

Paisley pubs say greedy energy firms will drink their profits dry as energy bills soar

One bar owner says: "We are going to be struggling big time. We have just had renewal quotes for our electricity and they are astronomical"

Daily Record

UK ‘worst hit’ in Western Europe by energy crisis, says IMF

The UK also has the biggest projected gap between those most and least affected

Evening Standard

$Johnson takes swipe at Truss over fracking as he confirms £700m backing for nuclear plant$

Johnson takes swipe at Truss over fracking as he confirms £700m backing for nuclear plant

Controversial technology ‘not a panacea’, PM warns his successor

The Independent UK

Stress test shows Germany should extend lifespan of 2 nuclear plants - paper

Preliminary results of a power grid stress test show Germany should extend the lifespan of two of its three remaining nuclear reactors beyond the end of the year, German newspaper Handelsblatt reported on Thursday, citing industry sources.

Reuters

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The Guardian - UK

Energy contracts reform can bring prices down – if the new PM is tough enough

A switch from outdated wholesale pricing deals will require a government that can face down vested interests

Zenger

Remote Scots May Have To Choose Between Freezing Or Starving To Death

People living in the Scottish Highlands and Islands could “freeze or starve” to death as remote homes face the highest electricity bills, experts warned.

The National (Scotland)

Scotland pays 50 PER CENT more than London for electricity standing charges

DIFFERENCES in standing charges on electricity bills will see people in Scotland charged over 50 per cent more than their counterparts in London.

Daily Mirror

British Gas shares simple phone trick to save £60 a year on energy bills

Unplugging your phone charger when you're not using it can help slash your energy bills, with so-called 'phantom load' appliances also adding hundreds to household bills

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The Guardian - UK

Energy industry backs plan to save businesses and homes up to £18bn a year

Idea would separate the cost of electricity produced by nuclear and renewable sources from generation by gas

Texas Observer

Big Leaks, Little Regulation

Lax regulation by the Texas Commission on Environmental Quality means oil and gas facilities are able to pollute with impunity.

The Independent UK

Why are wind farms making massive profits because gas prices have soared?

Experts have called for the price of power made by wind turbines to be split from the cost of gas.

The Guardian - UK

German civil servants investigated over ‘spying for Russia’

Officials linked to energy supply suspected of trying to obstruct economic policies, reports Die Zeit

The Times of India

Reliance Industries shares fall 3%; ONGC, Vedanta too decline

NEW DELHI: Shares of Reliance Industries fell nearly 3 per cent on Thursday after the government raised the tax on export of diesel and jet fuel (ATF) and hiked the windfall profit levy on domestically-produced crude oil.

The Independent UK

Move wind farms on to new contracts and save households £18bn, say trade bodies

Households could save up to £250 each if contracts for old subsidies are changed to the newer subsidy scheme.

Irish Mirror

Ireland should remain on daylight saving time to help deal with winter energy crisis, says senator

Cork Senator Tim Lombard said the tradition should be abandoned to help take the pressure off the energy grid

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