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The Latest Breaking News from Electricity

3 key measures in the suite of new reforms to deal with Australia's energy crisis

With electricity prices surging to previously unimaginable levels, state and federal energy ministers met yesterday to consider how to respond to Australia’s energy crisis.

The Conversation

Lebanese caretaker energy minister says 'politics' behind delay of U.S.-backed electricity plan

Lebanon's caretaker energy minister said on Wednesday "politics" was behind the delay of a U.S.-backed deal to supply his country with electricity from Jordan via Syrian territory to ease crippling power shortages.

Reuters

Major ACT renewables project set to change hands

Mugga Lane Solar Park likely to change hands following creditors vote

The Canberra Times

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Tasmania's link to Australia's National Electricity Market explained

In 2016, Tasmania was on the brink of being powerless when its undersea electricity cable broke and its dams were nearly empty. But these days it can produce more than enough power locally to supply homes and businesses. So, should the island unplug from the rest of Australia?

ABC News

Self-charging battery generates electricity from moisture in the air

New "self-charging batteries" can harvest enough energy from moisture to power small electronic devices. They sound too good to be true — so, how do they work?

ABC News

Ukraine eyes billions in euros from Europe electricity exports

Ukraine hopes to make 1.5 billion euros from electricity exports to the European Union by the end of the year and earn to more in the future after obtaining the right to export its energy there, a Ukrainian energy ministry adviser said on Wednesday.

Reuters

National Grid CEO’s £1.1m pay rise criticised as UK energy bills soar

John Pettigrew lands £6.5m payday, far outstripping the average FTSE 100 remuneration

The Guardian - UK

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Lebanese Caretaker Energy Minister Says ‘Politics’ behind Delay of US-Backed Electricity Plan

Lebanon's caretaker energy minister said on Wednesday "politics" was behind the delay of a US-backed deal to supply his country with electricity from Jordan via Syrian territory to ease crippling power shortages. Walid Fayyad told Reuters that the World Bank, which had pledged to finance the project, was "tying it…

Asharq Al-Awsat

Argan Bags Engineering & Construction Contracts In Ireland

Argan, Inc. (NYSE:AGX) has entered into engineering and construction services contracts with the Electricity Supply Board (ESB) to construct three 65 MW aero-derivative gas turbine flexible generation power plants in and around Dublin, Ireland. Financial terms were not disclosed. Two of the power plants, Poolbeg and Ringsend FlexGen Power Plants, will be located…

Benzinga

Germany to keep more coal plants on hand in case of gas cuts

Germany wants to temporarily keep additional coal-fired power plants on stand-by for almost two years to stave off a possible electricity shortage in case natural gas supplies are suddenly reduced by Russia

The Independent UK

New £400 energy bill discount guide updated to help 28m people understand October grant

The way you receive the UK Government support will depend on how you pay for your energy.

Daily Record

Offshore electricity substation installed in ‘milestone’ for new wind farm

It can now be connected to the National Grid ahead of 54 turbines being installed in 2023

Insider UK

Utilities against climate regulation

The federal government consider a rule that would make utility companies to recover trade association dues harder

Salon

Bowen says ‘no silver bullet’ to lower prices as energy market operator given power to buy and store gas

Increasing spare electricity capacity and the development of a transition plan to reduce emissions among decisions at ‘very collegiate’ energy ministers meeting

The Guardian - AU

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ABC News

Eastern states' energy ministers urged to look to WA for solutions to energy crisis

Far removed from the turmoil unfolding in the eastern states, Western Australia is enjoying some of the cheapest and most stable energy prices in the developed world.

AAP

Qld energy minister rejects nuclear power

Queensland Energy Minister Mick de Brenni says all options are on the table to deal with soaring electricity and surging prices, except nuclear power.

Reuters

Brazil election frontrunner Lula eyes Eletrobras privatization rollback, aides say

Former Brazilian President Luiz Inacio Lula da Silva, the leftist frontrunner ahead of an October election, is looking at ways to reverse President Jair Bolsonaro's planned privatization of state-run electricity company Eletrobras, his advisers say.

ABC News

Energy ministers are meeting to discuss rising prices. But they're not likely to fix energy affordability in the short term

The Commonwealth, state and territory energy ministers are meeting today for the first time since Labor's federal election victory last month. But here's why short-term relief from rising gas and electricity prices is unlikely.

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The Guardian - AU

Clover Moore urges Sydney renters to take up green energy to meet net zero target

Lord mayor says residents should make green choices but tenant’s union says onus should be on owners and government

The Guardian - AU

If Australia taxed windfall gas profits we could invest billions in renewables and get off fossil fuels for good

The sooner we shift away from ageing coal and expensive gas, the quicker electricity prices and emissions will fall

The Guardian - UK

Eleven members of Rome-based mafia clan face trial over electricity theft

Suspects accused of evading bills totalling €60,000 after allegedly plugging in to neighbours’ supply

Belfast Live

Portadown zero-waste shop forced to close due to "unsustainable" rising costs

Church Street Pantry, a refill sustainable store in Portadown, has been forced to close over the rise in electricity and produce costs since 2020

The Conversation

Expect the RBA to go easy on interest rate hikes from now on – we can't afford rates to climb as steeply as the market expects

By lifting its cash rate by 0.5 points, from 0.35% to 0.85%, the Reserve Bank has added about another $120 per month in payments for a A$500,000 mortgage.

The Times of India

Solar panels likely for 14.5m-plus buildings

KOLKATA: The civic body is planning to rope in the electricity department to keep tabs on the installation of solar panels on the roofs of all multi-storey buildings, which include G+IV structures. At present, KMC building rules (147) makes it mandatory for promoters to keep provision for solar panels at…

Bangkok Post

Firms rejig to survive in lean times

Businesses adopted cost reduction, increased productivity, and emphasised environmental standards to cope with the pandemic and global challenges stemming from the Russia-Ukraine war, panellists told the Forbes Thailand 2022 Forum on Monday.

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