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The Latest Breaking News from Energy

Biden launches $6B effort to save distressed nuclear plants

The Biden administration is launching a $6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change

The Independent UK

Energy shift creates opening for 'world's largest batteries'

A question is hovering over the transition from fossil fuels to cleaner energy such as wind and solar: What happens when the wind doesn't blow or the sun doesn't shine

The Independent UK

Power supply situation in A.P. will be normal by May 1, says Energy Minister

‘30 MUs of electricity being procured from exchanges to partly make up for shortage’

The Hindu

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Andhra Pradesh: Peddireddi asks officials to restore normalcy in power supply by May 1

The Minister lays stress on making power utilities financially resilient

The Hindu

Nuclear must be part of UK energy mix, says Labour

The comments come ahead of a visit to Glasgow by Sir Keir Starmer and Scottish Labour leader Anas Sarwar.

The Independent UK

Keir Starmer slams SNP over opposition to new nuclear power stations in Scotland

The Labour leader and Anas Sarwar have backed nuclear being part of Scotland's future energy mix.

Daily Record

Greek PM warns of populism if Europe fails to tackle energy crisis

Greek Prime Minister Kyriakos Mitsotakis urged Europe on Thursday to quickly find a way to address soaring gas and power prices, which have dented household income, or risk seeing the "forces of populism" reappear on the continent.

Reuters

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Changes proposed for power plant closures

Energy companies could soon be forced to give more notice before they close under a proposal from the federal government.

AAP

Government seeks to delay coal-fired power plant closures with longer notice period

The Federal Government is seeking new rules to ensure energy companies provide five years' notice before closing power stations, amid concerns about reliability and affordability.

ABC News

5 Best Oil & Gas Stocks to Buy in April

The U.S. and its allies have already levied severe sanctions against Russia–with more sanctions in the offing–in response to its alleged killing of civilians in its war with Ukraine, leading to energy supply concerns and higher oil prices. Also, conflict in the Middle East is adding to oil supply concerns,…

StockNews.com

Lithuania first country to stop using Russian gas in milestone anti-Ukraine war move

The Lithuanian Government announced that from the start of April the country has been operating without Russian gas before slamming the EU - which gets 40% of its crude from Gazprom - for failing to cut off its reliance on Russian energy

Daily Mirror

The Morrison government's $50 million gas handout undermines climate targets and does nothing to improve energy security

Tuesday night’s federal budget confirmed the Morrison government will spend A$50.3 million on gas projects in the Northern Territory, South Australia and the east coast.

The Conversation

Port of Newcastle's $100m clean energy rush

The federal government's $100 million investment in the development of Port of Newcastle's energy precinct will also supercharge plans to create a $3.1 billion hydrogen hub capable of sustaining 5000 jobs.

Newcastle Herald

Beware of These 5 Risky Energy Stocks

Oil prices have cooled down recently amid expectations of supply increases, a threat of falling demand due to a new COVID outbreak in China, and the possibility of fruitful peace talks between Russia and Ukraine. Given this backdrop, we think energy stocks Patterson-UTI (PTEN), Tellurian (TELL), NextDecade (NEXT), Vertex Energy…

StockNews.com

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Benzinga

Can A Turkish-Israeli Gas Pipeline Solve Europe's Energy Crunch?

A potential Turkey-Israel gas pipeline is being studied as an energy source for the European market seeking an alternative to Russian sourcing, although political difficulties would need to be addressed prior to construction.

AAP

New gas, technologies key to energy future

Vast gas reserves, technologies and new critical minerals projects will power economic growth and meet future energy needs, according to the budget blueprint.

Daily Mirror

Boris Johnson's energy strategy delayed again as top Tories row over plan

Boris Johnson promised a new energy security strategy 'in days' at the start of March but the plan has been hit by delays after reports Rishi Sunak is holding out on big spending commitments

Birmingham Post

Government creates £1m G7 legacy fund for Cornwall's green energy innovators

Cornish energy entrepreneurs can bit for ring fenced slice of £10m Energy Entrepreneurs Fund

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ABC News

Household appliance energy efficiency programs cut power bills and emissions — but they are out of date

Some of Australia's energy standards for household appliances are out of date or missing completely. Updating them could save households money and massively reduce emissions over time.

The Hindu

Transformer blast: 19-year-old girl succumbs a day after her father passed away

Though a complaint was lodged, it was not immediately attended to: Minister

The Guardian - AU

It’s nonsense for Angus Taylor to suggest Australia could face an energy crisis like Europe’s

Australia already has energy independence and extracts more gas than it needs to meet domestic demand. Indeed three-quarters is exported as LNG

Tribune News Service

Invasion reignites debate over the future of energy

WASHINGTON — Senators clashed Wednesday over what type of energy future the U.S. should pursue in light of Russia’s ongoing attack of Ukraine, with Democrats pushing for a lower-carbon path and Republicans calling for more exports of natural gas.

Roll Call

Invasion reignites debate over the future of energy - Roll Call

Republicans and Democrats are clashing over what type of energy future the U.S. should pursue in light of Russia’s ongoing attack of Ukraine.

Reuters

Putin wants 'unfriendly' countries to pay for Russian gas in roubles

Russia will seek payment in roubles for gas sold to "unfriendly" countries, President Vladimir Putin said on Wednesday, and European gas prices soared on concerns the move would exacerbate the region's energy crunch.

The Hindu

Andhra Pradesh: TTD mulls switching to energy-efficient fans

LED lighting and roof-top solar panels on the cards

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