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The Latest Breaking News on Energy

Energy price cap hiked to more than 80% to £3,549 from October 1 as costs soar

The cap will come into effect for around 24 million households in England, Scotland and Wales on default energy tariffs on October 1, and will remain in place until December 31, when it will be adjusted again.

Edinburgh Live

Russian plant burning off gas as supply to Germany is limited

Experts say rate of gas flaring at Portovaya plant is unprecedented, and raise concerns over emissions

The Guardian - UK

Zaporizhzhia nuclear plant still disconnected from grid, Ukraine's Energoatom says

All six reactors of the Zaporizhzhia nuclear plant in southern Ukraine are still disconnected from Ukraine's electricity grid, state nuclear company Energoatom said, a day after nearby fires allegedly caused by shelling caused the plant to go offline.

Reuters

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Ukraine president warns Europe is 'one step away' from radiation disaster

Power was cut to the two remaining working reactors at the Zaporizhzhia nuclear station yesterday

Irish Mirror

Energy bills to soar for millions as Ofgem confirms price cap will rise to £3,549

The energy price cap will increase from the current £1,971 to £3,549 from October 1, the regulator announced on Friday morning

Chronicle Live

British Gas offering up to £1500 towards energy bills to customers with any supplier

There are also other schemes available to help those struggling

Nottingham Post

Iraq Threatens New Legal Action against Kurdistan Crude Buyers

Iraq's state-owned oil marketer SOMO has threatened fresh legal action against buyers of crude oil originating from the semi-autonomous Kurdistan region, according to a letter dated Aug. 23 seen by Reuters. The letter is the latest in a series of moves by Iraq's oil ministry to try to control oil…

Asharq Al-Awsat

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Energy price cap to rise more than 80% to £3,549 from October 1, Ofgem confirms

The cap will come into effect for around 24 million households in England, Scotland and Wales on default energy tariffs on October 1, and will remain in place until December 31.

Glasgow Live

Energy bills to rise more than 80% to £3,549 from October

The massive rise was confirmed this morning, sparking fears about a huge increase in poverty.

Daily Record

Net zero can boost India’s GDP, says report

By reaching target by 2050, India can boost annual GDP by as much as 7.3% and create nearly 20 million additional jobs by 2032, it says

The Hindu

Ofgem price cap: Energy bills to soar for millions as cap rises to £3549

24 million households are expected to be impacted by the price spike

Evening Standard

Ofgem confirms energy price cap will soar to £3,549 from October in 80% rise

Ofgem chief executive Jonathan Brearley warns of hardship energy prices will cause this winter

The Independent UK

British Gas: £25m poor handout versus profits of £20 billion since 1997

City Comment: The energy giant’s move to help poorer customers is welcome, but hardly solves the problem

Evening Standard

Ofgem confirms energy price cap will rise to £3,549 from October - OLD

The UK’s energy regulator has set the new price cap at £3,549 from October.

The Independent UK

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Daily Mirror

Five cost of living crisis plans to help households get by this winter

Brits are finding out today how high energy prices are set to get with Ofgem announcing a revised cap, while across the political divide different proposals are being put forward to tackle the crisis

The Guardian - UK

Energy price cap: Zahawi urges people to cut back on use as charity warns bills could ‘wipe out incomes’ – as it happened

Chancellor says ‘we should all look at our energy consumption’ as charity issues warning over ‘stratospheric energy bills’

Reuters

The power crunch in China's Sichuan and why it matters

The southwestern province of Sichuan, China's biggest hydropower producer, has seen its supply capability slump due to a long drought across the Yangtze basin, stoking fears the country could suffer another devastating power shortage.

The Guardian - AU

Russia-Ukraine war: EU to hold urgent talks over Russian ‘energy war’; Ukraine announces mandatory evacuations – as it happened

Czech PM says ‘emergency measures’ needed as energy situation ‘damaging the whole European Union’

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ABC News

Wollongong Resources eyes Russell Vale coal mine extension after South32 shelves Dendrobium plan

If approved an extension to the Russell Vale coal mine will see the company continue to build its workforce in the Illawarra region as production increases, chief executive says.

The Independent UK

Energy price cap - live: Experts warn utility bills could top £7000 next year

It comes as cost of living crisis hits breaking point for millions of UK households

The Independent UK

Ukraine news – live: Nuclear power ‘must not be instrument of war’, Macron warns

‘Radiation disaster’ narrowly avoided, says Zelensky, as one of six reactors ‘reconnected to grid’

Wales Online

Russia 'burning off £8.4m of gas that was destined for Europe every day' in single Nord Stream 1 pipeline facility

Researchers have noted significant increases in heat from a processing plant near the Finnish border, prompting fears that this could exacerbate Arctic ice melting

Los Angeles Times

Pipeline operator reaches tentative settlement deal in California oil spill lawsuits

LOS ANGELES — The Texas company that operates the oil pipeline that sent at least 25,000 gallons of crude gushing into the waters off Southern California in a spill last fall has tentatively agreed to settle more than a dozen lawsuits brought by Orange County business owners and residents.

Newcastle Herald

Snowy Hydro chief executive resigns over Kurri gas plant

It is understood Mr Broad recently expressed his doubts about the viability of introducing green hydrogen into the project to the minister.

AAP

Origin Energy sets climate transition plan

Origin Energy's climate transition plan has been 'condemned' by some for failing to include new gas fields, setting up a showdown at the annual general meeting.

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