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The Latest Breaking News from Energy

Energy bills to rise because of delays to Labour’s plan to slash prices

The National Energy System Operator says delays to clean energy projects will cost consumers around £4.2 billion in 2030.

The Independent UK

UK Government must explain how it aims to cut energy bills, says minister

Energy Secretary Gillian Martin was speaking after a plan to divide the UK into regional pricing zones was rejected.

The Independent UK

National plan for zonal energy pricing scrapped

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The Independent UK

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UK Government scraps zonal pricing plan in favour of UK-wide energy reform

THE Government will not split the UK into different energy pricing zones but instead reform the existing national pricing system.

The National (Scotland)

Plans to split UK market into energy pricing zones dropped

The Government has decided to retain a single national wholesale price.

Evening Standard

Senate confirms Griffith as Energy undersecretary - Roll Call

Preston Wells Griffith III worked at DOE in the first Trump administration as principal deputy assistant secretary for international affairs.

Roll Call

Get Ready For 800 Hours Of Blackouts, Trump's DOE Warns

The Department of Energy (DOE) under President Donald Trump released a report warning that the planned shutdown of existing power plants, combined with delays in bringing new energy sources online, could result in a significant increase in blackouts by the end of the decade.

Benzinga

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Ed Miliband abandons plan to charge less for electricity in Scotland

Energy minister decides against ‘zonal pricing’ backed by Octopus founder but opposed by many other energy firms

The Guardian - UK

Why has Octopus Energy launched a wasted wind tracker?

A live “wasted wind” tracker has been launched by Octopus Energy in recent days to show how much the UK’s “broken” system is costing…

The National (Scotland)

EDF investment hailed as ‘vote of confidence in UK’, despite reduced stake

French state-owned electricity company EDF said it had agreed in principle to invest £1.1 billion in the power plant on the Suffolk coastline.

Evening Standard

Octopus Energy to pay £1.5 million for prepayment meter billing errors

OCTOPUS Energy is to pay £1.5 million in refunds and compensation after it failed to provide customers with final bills within six weeks, Ofgem has…

The National (Scotland)

ExxonMobil and partner Qatar Energy find new natural gas deposit off Cyprus

Cyprus says a consortium made up of ExxonMobil and partner Qatar Energy International have made a second natural gas discovery beneath the seabed south of the east Mediterranean island nation where it’s licensed to explore for hydrocarbons

The Independent UK

What You Need to Know Ahead of CMS Energy's Earnings Release

CMS Energy is all set to release its fiscal second-quarter earnings later this month, and analysts project a single-digit earnings drop.

Barchart

With sanctions lifted, Syria looks to solar power as more than a patchwork fix to its energy crisis

Syria is working to rebuild its energy sector after years of civil war and crippling sanctions

The Independent UK

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AAP

Green hydrogen powers back up with major funding

The federal energy minister is not giving up on Australia's green hydrogen dream despite setbacks, with a new project in line for government incentives.

Evening Standard

Substation fire that shut Heathrow Airport was preventable, says watchdog report

Ofgem said it had opened an official enforcement investigation into National Grid Electricity Transmission.

Evening Standard

Energy sector set to discuss how National Grid can meet AI demand

The group is made up of energy providers, tech companies, energy regulator Ofgem, Energy Secretary Ed Miliband and Tech Secretary Peter Kyle.

Benzinga

Shell In Talks To Acquire BP In Mega-Merger: Report

Shares of Shell PLC (NYSE:SHEL) are trading lower while BP PLC (NYSE:BP) shares are surging Wednesday afternoon following a Wall Street Journal report that the two British energy giants are in early-stage talks for a historic merger.

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Evening Standard

Government to support banks and large firms in setting out their climate plans

Ministers are seeking to help stimulate billions of pounds a year of private investment to deliver the UK clean energy superpower ambition.

Benzinga

Why Houston American Energy (HUSA) Stock Is Getting Hammered

Shares of Houston American Energy Corporation (NYSE:HUSA) are plunging 31.2% to $12.76 in Tuesday morning trading after the company announced a registered direct offering.

Benzinga

Houston American Energy (HUSA) Stock Explodes 58% Monday: What's Going On?

Houston American Energy Corporation (NYSE:HUSA) shares are trading higher by 58% to $23.76 Monday morning, driven by intensifying geopolitical tensions in the Middle East that threaten global oil supply routes.

Benzinga

Indonesia Energy (INDO) Stock Soars Amid Middle East Tensions, Oil Disruption Fears

Indonesia Energy Corp Ltd (NYSE:INDO) shares are surging 35% to $6.85 Monday morning, fueled by escalating geopolitical turmoil in the Middle East and mounting concerns over global oil supply disruptions.

AAP

Aussies want solar batteries but many feel overwhelmed

The cost and complexity of installing a solar battery is keeping some Australians from taking the plunge despite incentives, a study has revealed.

Evening Standard

Energy costs to be cut for industry as Starmer seeks economic ‘turning point’

The Government’s industrial strategy includes measures to ease the ‘crippling’ costs of energy for UK manufacturers.

The Independent UK

Louisiana bill would redefine gas as ‘green’ amid Trump energy push

Critics of the plan say that there’s nothing green about fossil fuel production

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