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The Latest Breaking News on Energy

FTI calls for industrial power subsidies

The Federation of Thai Industries (FTI) is calling on the government to extend its electricity subsidy measures for the public to also cover manufacturers, which are struggling to deal with an increasing financial burden amid high energy prices.

Bangkok Post

The world needs a bold but realistic energy plan

Record growth in renewables, representing over 80% of all new power-generating capacity last year, is the clearest sign yet that the energy transition is gathering pace. But recent events have shown that unplugging the current energy system before we have built a sufficiently robust alternative puts both economic and climate…

Bangkok Post

The Government release statement after concerns are raised over winter blackouts

There have been concerns that power supplies could be limited over the winter months

Chronicle Live

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Legal challenge by Aboriginal traditional owners to Santos' Barossa gas project hears evidence on Tiwi Islands

Traditional owners on the remote Tiwi Islands have given evidence in a special beachside federal court hearing, in a bid to stop a major Santos gas project from going ahead.

ABC News

3 Stocks That Could Cost Shareholders a Lot of Money

Though better-than-expected earnings results, slightly reduced inflation, and a strong job market have raised investors’ confidence in the market, concerns over the Fed’s upcoming interest rate hikes and a potential recession could keep the market under pressure. Therefore, fundamentally weak stocks Plug Power (PLUG), Sunrun (RUN), and GreenPower Motor (GP)…

StockNews.com

Ukraine looks to strike blow against Russian morale as it targets Crimea

Kim Sengupta reported from Crimea as Russian forces occupied the region in 2014 – it is now once again a key psychological and strategic prize in the current war

The Independent UK

Council knocks back 'rubbish' idea to build nuclear power station at Eraring

Councillors have trashed a "rubbish" idea to urge the state and federal governments to repeal a ban on nuclear power stations and consider building one in the heart of Lake Macquarie.

Newcastle Herald

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The multibillion-dollar cost of decarbonising Hunter industry

An $8 billion investment in transmission storage infrastructure will be needed if Tomago Aluminium, the state's largest power consumer, is to make the switch to clean energy.

Newcastle Herald

Nicola Sturgeon: Scotland would still be facing energy crisis with public supplier

NICOLA Sturgeon has said that Scotland would still be facing the energy crisis if her government had managed to fulfill an election promise to…

The National (Scotland)

Could Nord Stream Pipeline Maintenance Benefit US Stocks? Analysts Thinks So — And One Sees 26% Upside Potential On This Energy Stock

The cost of wholesale European gas has increased by 572% this year to 276.23 euros per megawatt-hour, or approximately $274.70. Analysts predict that price increases will continue as winter approaches, fueling inflationary fears as Europe battles to cope with Russia's interruption of natural gas supplies.

Benzinga

As the Bulb fiasco shows, hoping for the best is not good strategy

The mistake of not hedging the takeover of the firm from the outset says a lot about the UK’s approach to energy security

The Guardian - UK

Germany's Scholz in Canada to diversify energy supply

German leader Olaf Scholz says he's working as fast as he can to reduce Germany's dependence on Russia for energy, but Canadian Prime Minister Justin Trudeau says a business case is needed to send gas from Canada to Europe

The Independent UK

NT gas project 'threatens turtle species'

A Federal Court hearing into the national gas regulator's approval of a massive offshore gas project has resumed in Darwin with evidence from a marine ranger.

AAP

Octopus Energy boss wants to freeze bills for UK households this winter

It comes as the energy price cap looks set to soar

Liverpool Echo

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The Independent UK

Energy price cap announcement: When is it and what can we expect?

Latest Ofgem rise expected to take standard tariffs to £3,600, experts warn

The Independent UK

Cyprus says new gas discovery aids Europe's energy search

Cyprus’ Energy Ministry says a new gas discovery off the island’s southern coast that’s estimated to contain around 2.5 trillion cubic feet of the hydrocarbon helps bolster Europe’s efforts to secure alternative energy sources

The Guardian - US

John Oliver on corporate ‘net zero’ proposals: ‘We cannot offset our way out of climate change’

The Last Week Tonight host digs into the overstated promises of corporate carbon neutrality through ‘carbon offset’ schemes

Reuters

Bangladesh to cut school, office hours to save power

Bangladesh will close schools for one extra day a week and cut office timings by an hour to save power, a government official said on Monday, as the country battles a shortage after shutting down all of its diesel-run power plants.

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The Guardian - UK

German chancellor says he is working fast to find alternatives to Russian gas

Olaf Scholz is in Canada where he plans to sign hydrogen supply chain deal as pressure mounts over looming winter crisis

The National (Scotland)

Downing Street insists people shouldn't panic over energy supplies

HOUSEHOLDS and businesses will not face blackouts this winter, Downing Street insisted as gas shipped from Australia was set to dock in the UK.

The Independent UK

‘Difficult to see how many will cope’ this winter as energy price cap soars

The latest prediction from Cornwall Insight sees the energy price cap rising to more than £5,300 next April.

Birmingham Post

Construction work starts on £60m Pembroke Dock Marine project

The project is one part of the Swansea Bay City Deal

Insider UK

Crown Estate clearing confirms three new Shetland seabed developments

Together they are expected to generate some 2.8 gigawatts of electricity

The Independent UK

No need to cut energy use and no risk of winter blackouts, No 10 tells public

UK can cope as not dependent on Russian gas imports, says Downing Street spokesperson

Wales Online

No 10 issues power shortages statement after concerns over winter blackouts

Concerns had been raised over whether there will be sufficient power supplies during the cold months

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