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The Latest Breaking News from Electricity

As AI gobbles electricity, is now the time to buy unloved utility stocks?

Compared to the pricey stocks of Big Tech players like Nvidia and Microsoft, energy and electricity stocks are an affordable way to play the AI boom.

Fortune

‘There’ll be no countryside left’: Opposition to pylons puts UK carbon targets at risk

Infrastructure essential to decarbonise electricity generation by 2030 met with resistance by those affected

The Guardian - UK

The Outlook for Cooler US Temps Weighs on Nat-Gas Prices

Sep Nymex natural gas (NGU24 ) on Friday closed down -0.001 (-0.05%). Sep nat-gas prices on Friday fell to a new 3-month nearest futures low and closed slightly lower. The outlook for cooler US weather that will curb nat-gas demand from electricity providers to power air conditioning is weighing on...

Barchart

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Is Wall Street Bullish or Bearish on PG&E Corporation Stock?

PG&E Corporation has lagged the broader market over the past year, but Wall Street analysts are optimistic about the stock’s prospects.

Barchart

Are Wall Street Analysts Predicting NextEra Stock Will Climb or Sink?

NextEra has lagged the broader market over the past year, but Wall Street analysts are moderately optimistic about the stock’s prospects.

Barchart

Heat deaths of people without air conditioning, often in mobile homes, underscore energy inequity

Advocates say air conditioning is no longer a luxury but a public health and affordability issue

The Independent UK

Here’s How Much An EV Could Save You, Based On Your State

No matter where you live or what car you buy, every EV is cheaper to fill up than a comparable gas car.

InsideEVs

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Nat-Gas Prices Give Up Early Gains as US Weather Forecasts Turn Cooler

Sep Nymex natural gas (NGU24 ) on Thursday closed down -0.068 (-3.34%). Sep nat-gas prices on Thursday gave up an early advance and fell to a new 3-month nearest futures low. Forecasts for cooler US temperatures that will reduce nat-gas demand from electricity providers to power air conditioning undercut prices....

Barchart

Unregulated oilfield power lines are suspected of sparking Texas wildfires

No state agency is taking responsibility for making sure the privately built lines that power many oil and gas sites are safe. Such lines have been blamed for sparking two recent Panhandle fires.

The Texas Tribune

Dutton praises Canada to sell nuclear plan. But does Ontario really have cheaper power?

Opposition leader’s argument is puzzling given Canadian provinces dominated by renewables pay less for electricity

The Guardian - AU

Nat-Gas Prices Tumble on the Outlook for Cooler Midwest Temps

Sep Nymex natural gas (NGU24 ) on Wednesday closed down -0.090 (-4.23%). Sep nat-gas prices on Wednesday closed sharply lower but remained above Tuesday's 3-month nearest futures low. Forecasts for cooler temperatures in the Midwest that will curb nat-gas demand from electricity providers to power air conditioning weighed on prices....

Barchart

Severe storms in the Southeast US leave 1 dead and cause widespread power outages

A weather system that produced severe thunderstorms in the Southeast left one man dead in Georgia, caused damage in a South Carolina town and left hundreds of thousands of electricity customers without power

The Independent UK

A killer cycle is taxing the public health system

'Waiting lists to see a specialist are six months'.

Newcastle Herald

Offshore wind farms connected by an underwater power grid for transmission could revolutionize how the East Coast gets its electricity

Offshore winds have the potential to supply coastlines with massive, consistent flows of clean electricity. One study estimates wind farms just offshore could meet 11 times the projected global electricity demand in 2040.

The Conversation

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The Guardian - UK

Labour tries to attract clean energy contracts with record £1.5bn for auction

The new budget comes after the previous government failed to award a single new contract in 2023

The Independent UK

Renewable energy budget increased to over £1.5bn as record funding allocated for clean power

The funding uplift represents more than a 50 per cent increase on the budget previously set in March

Barchart

Nat-Gas Prices Rebound as US Weather Forecasts Turn Hotter

Sep Nymex natural gas (NGU24 ) on Tuesday closed up +0.090 (+4.42%). Sep nat-gas prices on Tuesday recovered from a 3-month nearest futures low and closed sharply higher. Fund short covering emerged in nat-gas futures Tuesday when the Commodity Weather Group said forecasts had shifted hotter for the middle of...

The National (Scotland)

Scottish Water finishes 'groundbreaking' project turning wastewater into electricity

A PROJECT using wastewater to create hydropower in Scotland has officially been completed.

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Radio France Internationale

French state to bail out New Caledonia electricity provider

France has granted a "repayable advance" of €14.2 million to Enercal, the main provider of New Caledonia's electric grid, which is running a chronic budget deficit.

The Guardian - UK

Wind and solar energy overtake fossil fuels to provide 30% of EU electricity

Report finds 13 member states generated more energy from wind and solar power than coal and gas for first time in 2024

Fortune

Americans are cutting back on groceries to pay for AC

Sweltering summer heat has strained households so severely one-third of Americans are cutting grocery budgets and spending less on entertainment to cover cooling bills.

Barchart

Nat-Gas Prices Weighed Down by Elevated US Inventories

Sep Nymex natural gas (NGU24 ) on Monday closed down -0.015 (-0.73%). Sep nat-gas prices Monday extended the sharp week-long sell-off and posted a new contract low. Meanwhile, Aug nat-gas prices dropped to a 3-month low on the nearest futures chart and are hovering just moderately above the 4-year nearest-futures...

Windows Central

This breakthrough tech could solve Microsoft's AI power consumption woes and is 1,000x more energy-efficient

Researchers have developed a new prototype chip dubbed computational random-access memory (CRAM) that could scale down AI's power-hungry demands by over 1,000 times, translating to 2,500x energy savings in one of the simulations shared.

The Independent UK

Thousands without power as deadly storm batters Baltic nations

One person has died and some 200,000 households have been left without electricity in Lithuania and neighboring Latvia

The Independent UK

Latitude 2024 review: CMAT and Future Islands bring the electricity at sun-drenched festival

Chic, Keane and London Grammar also shine at family-friendly weekend in the Suffolk countryside

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