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The Latest Breaking News from Energy

Shared strategy for North Sea renewables signed up to by UK after Brexit loss

MoU signed with key stakeholders for collaboration across vital energy zone as NSTA sets up carbon capture team

Birmingham Post

Economy may grow 4% on tourism - minister

Thailand's economy could grow as much as 4% this year, which would be the fastest rate in five years, bolstered by a rebound in the tourism sector and increased domestic consumption, Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said on Wednesday.

Bangkok Post

Nearly one million households will be able to apply for £400 energy bill help later this month

The application portal for the one-off lump sum is now expected to open by February 27, 2023.

Daily Record

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read the most diverse news in one place.

Congress tightens U.S. manufacturing rules after battery technology ends up in China

The Department of Energy allowed a taxpayer-funded breakthrough in batteries to transfer overseas with little oversight

WEKU

QatarEnergy Replaces Russian Company in Lebanon Gas Exploration

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast. Qatar Energy is replacing a Russian company that withdrew from the Lebanese market…

Asharq Al-Awsat

Survey to support new energy jobs, regions

A new survey is mapping the workforce implications of electrification, with 60,000 clean energy jobs expected to be created by 2025 - mostly in the regions.

AAP

Big battery for Brandy Hill

UK-based renewable energy developer RES has unveiled plans to build a 250 megawatt battery at Brandy Hill near Seaham.

Newcastle Herald

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New £400 one-off energy bill funding details as application portal gears up to open

The application portal is due to open in January 2023

Nottingham Post

House GOP aims to tie oil reserve sales to public land drilling

WASHINGTON — The House on Wednesday may begin consideration of a bill that would alter the president’s authority to tap the Strategic Petroleum Reserve. President Joe Biden has said he would veto it.

Tribune News Service

New £400 one-off energy bill help application portal set to open this month until April

The non-repayable lump sum is expected to provide extra financial support to 900,000 homes this winter.

Daily Record

House GOP aims to tie oil reserve sales to public land drilling - Roll Call

The House is expected to consider legislation that would limit sales from the Strategic Petroleum Reserve.

Roll Call

The struggle in harnessing power prices

Following protests from the business community, the Energy Regulatory Commission (ERC) reduced its planned hike to the power tariff for companies to 13%, down from 20.5%, but entrepreneurs say they cannot maintain product prices at these rates.

Bangkok Post

Pakistan's energy chief defends govt after power outage over

Pakistan’s energy minister is defending the government following a major, daylong power outage that disrupted normal life across the country the previous day

The Independent UK

Lights out in Pakistan as energy-saving move backfires

Officials say much of Pakistan was struck by a power outage as an energy-saving measure by the government backfired

The Independent UK

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Asharq Al-Awsat

Lights Out in Pakistan as Energy-Saving Move Backfires

Much of Pakistan was left without power for several hours on Monday morning as an energy-saving measure by the government backfired. The outage spread panic and raised questions about the cash-strapped government’s handling of the crisis. Electricity was turned off across the country during low usage hours overnight to conserve…

Daily Mirror

Rishi Sunak urged to scrap energy price cap rise as UK has world's highest electric bills

The increase will see the typical dual user paying £500 more a year than the £2,500 they do now even though wholesale prices are falling.

Wales Online

Energy customers to start receiving £200 cash payment within weeks

People who live off-grid or heat their homes using alternative methods are still waiting for government help

ABC News

Energy Minister Chris Bowen says price cap is having an impact on reducing energy prices

Energy Minister Chris Bowen defends the government's energy relief plan, issuing new figures that show a drop in forecast wholesale electricity prices for 2023.

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Asharq Al-Awsat

Ukraine Says Situation Deteriorating at Zaporizhzhia Nuclear Plant

Ukraine's energy minister said on Friday the situation at the Russian-held Zaporizhzhia nuclear power station was deteriorating because of the psychological state of its Ukrainian staff and the condition of equipment. The Ukrainian staff have remained at the plant in southeastern Ukraine since Russian forces captured it last March, soon…

Daily Record

New £150 Warm Home Discount Scheme update for people in Scotland claiming energy help

Eligibility rules for the annual heating bill discount have changed for winter 2022/23.

StockNews.com

4 EV Stocks That Belong in the Junkyard

Supply chain disruptions, mounting economic concerns, and high vehicle prices are all contributing to declining optimism about EV adoption. Hence, it could be wise to avoid fundamentally weak EV stocks NIO Inc. (NIO), Lucid Group (LCID), Nikola (NKLA), and Mullen Automotive (MULN). Read on….

AAP

Gas cap rules 'sound and workable': ACCC

The gas industry continues to voice concerns about the design of the government's big stick interventions designed to keep energy prices contained.

Birmingham Post

Skidmore review welcomed on the Humber where Net Zero energy transition plans are in place

Chamber welcomes efforts with Energy Estuary ready to lead on transformation and decarbonisation

The National (Scotland)

Scotland can be leader in green hydrogen exports – if UK gets on board, minister says

SCOTLAND could become an international leader in green hydrogen exports – if the UK Government gets on board, the Scottish Energy Secretary has…

Asharq Al-Awsat

Saudi Arabia Accelerates Transition to Clean Energy

The second edition of the Future Minerals Forum kicked off in Saudi Arabia under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz. The Forum aims to develop dialogue on the future of minerals and investment in mining and boost cooperation throughout the area extending…

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