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The Latest Breaking News from Energy

Poor rainfall leading to summer-like peak demand, says Karnataka Energy Minister K.J. George

Karnataka faces summer-like peak demand for electricity due to poor monsoon. Govt. is purchasing power to meet shortfall & planning to import coal for better power generation. Union Minister of Power & Renewable Energy says nation is fully prepared to meet any spike in demand.

The Hindu

Hopes on Claire Coutinho to speed up net zero drive

Campaigners and industry experts see a fresh start in the new energy secretary’s appointment.

The Independent UK

Why has Ben Wallace resigned as Defence Secretary?

Ben Wallace has stepped down after serving as Defence Secretary for four years — but who will replace him?

Evening Standard

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Andhra Pradesh Chief Minister lays foundation for three renewable energy projects with a total capacity of 5,314MW

Andhra Pradesh Chief MInister Y.S. Jaganmohan Reddy lays the foundation for three renewable energy projects with a total capacity of 5,314 Megawatts in Junuthala in Owk Mandal of Kurnool district (2,300MW solar park), Kandikayapalle village of Panyam Mandal in Nandyal district (700 MW solar and 314 MW wind) and Muddavaram in…

The Hindu

NLCIL signs power usage agreement with Rajasthan Urja Vikas Nigam for supply of 300 MW of solar power

NLCIL has signed a 25-yr power usage agreement with RUVNL for 300 MW solar power supply to Rajasthan. EPC contract awarded to Tata Power Solar System. 750 million units of power generated annually, reducing 0.726 million tonnes of CO2 emissions. NLCIL aims to establish 6,031 MW of renewable energy capacity…

The Hindu

Top 3 Green Energy Stocks to Own Today

With surging demand for renewables amid growing climate concerns and supportive government policies and funding, the green energy industry is well-poised for robust growth in the upcoming years. Given the industry’s tailwinds, top green energy stocks Alliance Resource (ARLP), Steel Partners (SPLP), and Westlake Chemical Partners (WLKP) could be ideal…

StockNews.com

Billionaire explains problem with advertising and charts future of mass media

Manoj Bhargava, CEO and founder of Innovations Ventures LLC, discussed the future of mass media in his first interview with TheStreet.

The Street

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5-hour ENERGY billionaire invests heavily into media

Manoj Bhargava expands his media holdings by buying a majority interest in The Arena Group.

The Street

The deal will greatly expand The Arena Group’s digital video, OTT, and CTV Initiatives while giving the company a capital infusion and advertising partnership

The Street

UK’s ‘broken’ energy system revealed as firms set to make £1.7bn in profit from customers

Campaigners attack ‘murky depths’ of market – as suppliers set to increase profits while families struggle

The Independent UK

Congress holds meeting ahead of Gruha Jyothi launch in Kalaburagi

Priyank Kharge holds Congress meeting in Kalaburagi ahead of Gruha Jyothi Scheme launch. AICC president, CM, Dy CM, Energy Minister to attend. Kharge urges Congress activists to ensure people benefit from welfare schemes, highlights BJP's attempts to disrupt Anna Bhagya.

The Hindu

Onshore power will not blight countryside says Dowden, amid unease over pylons

The Deputy Prime Minister said ‘trade-offs’ would have to be made as the Government tries to speed up the building of new lines.

The Independent UK

Biden delays plans to restock nation’s emergency oil reserve

The Biden administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 a barrel

The Independent UK

Gruha Jyothi: Modalities of power bill refund for July yet to be worked out

Bengaluru: Energy Minister K.J. George announced Gruha Jyothi beneficiaries who have no arrears will receive a refund for July power consumption. Refund will be credited after 3-4 months. Citizens relieved but confused on how/when refund will arrive. No specific date announced yet.

The Hindu

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The Hindu

Gruha Jyothi beneficiaries to get refund on July payment

Karnataka working on new electricity policy with focus on non-conventional energy to reduce cost of procurement

The Hindu

Dy.CM inspects various works in Sarvagnanagar

Dy.CM Shivakumar inspected works in Sarvagnanagar, accompanied by Energy Minister George. He directed officials to complete park works and expedite relocation of 450 slum dwellers near Kacharakanahalli lake. He also inspected flyover at Sevanagar to fix traffic problems. Directed officials to expedite work.

Crikey

Coles, Woolworths top of the food chain

Coles and Woolworths are making a much larger profit than UK supermarkets during Australia’s cost-of-living crisis, and Woodside Energy has threatened to sue two individual climate activists after its headquarters in Perth was stink-bombed.

AAP

Call for energy investors to make most of 'golden age'

Energy investors have been urged to take advantage of Australia's golden age in climate policy, with "crazy, science-denying" naysayers waiting in the wings.

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Newcastle Herald

Battery approved to supply power to Hunter homes

'The transformation of our energy system needs to occur as soon as possible.'

Zenger

Israel Receives Bids For Offshore Gas Exploration Tender

Four groups, including new players, submit proposals to boost energy supply and increase competition.

Tribune News Service

Biden’s energy funds fall behind schedule over China scrutiny

U.S. Energy Secretary Jennifer Granholm knows time is not on her side.

Newcastle Herald

No need for risky nuclear energy in Australia or the Hunter

Peddling nuclear nonsense does everyone a massive disservice, the Electrical Trades Union warns.

The Hindu

KREDL reports record profits, declares its highest dividend ever worth ₹20.96 crore

The Karnataka Renewable Energy Development Limited (KREDL) has declared its highest-ever dividend, amounting to ₹20.96 crore for the Financial Year 2021 – 22. On Friday, Managing Director KREDL. K. P. Rudrappaiah delivered the dividend cheque to Chief Minister Siddaramaiah and Energy Minister K.J. George.

The Independent UK

Shapps says ‘difficult decisions’ to be made on pace of net zero commitments

The Energy Secretary warned he would be aiming to avoid putting ‘people under the cosh’ with the pace at which green policies are introduced.

Investors Business Daily

10 Stocks Will Make You 30% Richer Than Others In A Year: Analysts

Analysts have the typical hopes for the S&P 500 in the next 12 months. But they're especially bullish on a small handful of stocks.

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