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The Latest Breaking News from Energy

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

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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

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…

Asharq Al-Awsat

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.

Daily Mirror

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

Wales Online

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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.

ABC News

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…

Asharq Al-Awsat

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.

Daily Record

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….

StockNews.com

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.

AAP

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

Birmingham Post

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…

The National (Scotland)

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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…

AAP

Minister talks up a new dawn for Sun Cable

A collapsed renewable solar energy plan to export electricity from the NT to Singapore still has enormous potential, Energy Minister Chris Bowen says.

The National (Scotland)

Scotland’s oil and gas will end in 20 years, energy minister says

SCOTLAND’S production of oil and gas will “effectively end” in the next 20 years - and ministers will consider speeding this up, the…

The Independent UK

Europe has avoided energy collapse. But is the crisis over?

Warm weather is helping Europe keep the lights and heat on this winter despite Russia cutting off most of its natural gas supply to the continent

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ABC News

How three major gas outages are adding to WA's energy supply headaches

WA's gas supply is facing an "unusual situation", with three major outages amid a tricky period for the state's energy system. So what's the latest challenge, and how does it affect keeping the lights on and air conditioners running?

The Japan News/Yomiuri

Japan, U.S. to focus on advancing N-energy

Japan and the United States are arranging to strengthen cooperation in the development of next-generation reactors and other areas of nuclear energy, according to sources.

Bangkok Post

New power tariff reduced for business

The Energy Regulatory Commission (ERC) will make a cut to the power tariff for businesses after concerned groups petitioned Prime Minister Prayut Chan-o-cha to lower electricity prices.

Bangkok Post

Businesses' power bills trimmed after outcry

The Energy Regulatory Commission (ERC) has scaled back a huge increase in power tariffs for businesses after they complained to Prime Minister Prayut Chan-o-cha about the impact on their costs.

Wales Online

New government It All Adds Up campaign has energy tips to save £350 a year on bills

The It All Adds Up campaign began earlier this month

The Independent UK

Government launches new TV ad as part of energy saving campaign

The 30-second advert offers suggestions about how to cut bills and save energy.

Bangkok Post

Ministry to tame surge in fuel tariff

The Energy Ministry is working to slow down the fuel tariff (Ft) surge, following an order by the prime minister after he received a plea from business leaders to cap the Ft for one year.

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