The Latest Breaking News from Energy

The application portal is due to open in January 2023

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.

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

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

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.

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

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

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…

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.

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

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.