The Latest Breaking News from Energy

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 · Jan 26, 2023

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 · Jan 25, 2023

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 · Jan 25, 2023

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 · Jan 23, 2023

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 · Jan 21, 2023

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 · Jan 21, 2023

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 · Jan 21, 2023

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 · Jan 20, 2023

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 · Jan 20, 2023

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 · Jan 19, 2023