The Latest Breaking News from Electricity

Australia must invest at least $12.7 billion in the electricity grid as “urgently as possible” to push ahead the transition to net zero, AEMO says.

The restarting of a power plant allowed the government to lift its power crunch advisory for the Kanto region on Thursday evening, after four consecutive days of warnings amid a heat wave that has stretched the electrical grid.

Demetirous Georgiou defied an emergency order banning him from renting out the property due to its poor state

Japan's electricity grid creaked on Thursday under the strain of Tokyo's hottest June since records began, but a power crunch that could have deprived tens of millions of electricity was narrowly averted and authorities prepared to lift warnings.

One claim from the past week is based on a nuclear plant that hasn’t been built and another confuses the role of battery storage

"It cannot offer quick fixes, but it does offer a clear and transparent roadmap through to 2030, and then to 2040 and 2050," Australian Energy Market Operator CEO Daniel Westerman said.

Wells Fargo analyst Michael Blum initiated coverage of SunPower Corp (NASDAQ:SPWR) with an Underweight rating and a price target of $17. SPWR is a pure-play residential solar provider with over 444K customers. The analyst mentions that SPWR's largely new management team has pivoted its focus to customer service, with plans to increase offerings and…

More than $12 billion of investment in new transmission lines should begin "as urgently as possible" to ensure electricity supply is secure in the coming decade, according to the Australian Energy Market Operator.

Kraft Heinz Co (NASDAQ:KHC) has signed a virtual power purchase agreement with BHE Renewables, a Berkshire Hathaway Inc (NYSE: BRK-A) Energy business. Under the agreement, BHE will provide power from renewables to Kraft Heinz's operations within the U.S. The facilitation is part of Kraft Heinz's aim to procure most of its electricity from renewable sources…