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The Latest Breaking News from Energy

Carbon tariff on the table for overseas businesses

A carbon tariff might be levied on some products as the federal government seeks to keep Australia on track to meeting its legislated climate targets.

AAP

The Department of Energy axes $3.7 billion in clean energy project grants

Energy Secretary Chris Wright says he canceled $3.7 billion in project grants in another massive hit to clean energy development in the U.S. under President Donald Trump's administration

The Independent UK

A coal plant was set to close in Michigan to transition to cleaner energy. Trump just ordered it to stay open

Decision was made after the Department of Energy warned of a heightened risk of blackouts during the summer

The Independent UK

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Energy customers who had prepayment meters forcibly installed to get £1000 compensation

Thousands of energy customers who has prepayment meters installed without their permission will be entitled to up to £1000 compensation.

Evening Standard

Trump administration orders Michigan coal plant to stay open

The U.S. Energy Department has ordered a Michigan coal-fired power plant to remain open, at least until late August

The Independent UK

Nuclear Stocks Reach Critical Mass: The Time to Buy Is Now

Oklo, NuScale Energy, and Centrus Energy are uniquely positioned to benefit from Trump's executive orders for the nuclear energy industry.

MarketBeat

Nuclear Option: Indonesia Seeks To Grow Energy, Cut Emissions

Indonesia is hoping going nuclear can help it meet soaring energy demand while taming emissions, but faces serious challenges to its goal of a first small modular reactor by 2032.

International Business Times

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Winds of change: govt urged to seize energy mandate

More renewable energy projects should go ahead in Australia and be approved faster after Labor's federal election win, experts say.

AAP

Looming power bill hikes spark calls to shop around

Hunting for a better deal could save some Australian households and businesses hundreds of dollars a year as consumers brace for higher bills.

AAP

Trump signs executive orders to boost nuclear power, speed up approvals

President Donald Trump has signed executive orders to speed up the development of nuclear power and grant the energy secretary authority to approve advanced reactor designs and projects

The Independent UK

Energy price cap: How to get the cheapest deals for your bills

Changing your tariff might be a good route to saving cash – but be sure to shop around

The Independent UK

Expand Energy Stock: Is Wall Street Bullish or Bearish?

As Expand Energy has outpaced the broader market over the past year, Wall Street analysts maintain a bullish outlook on the stock’s prospects.

Barchart

OPINION - Ed Miliband: It's great news the energy price cap is going down, but we have more to do

Energy bills are too high. Families and businesses have struggled to keep up with costs that have soared in recent years – squeezing household budgets and leaving millions worried about how they will get by.

Evening Standard

Communities could get cash for hosting solar farms and offshore wind schemes

Under Government plans rural and coastal communities could get tens of thousands, or even millions, of pounds a year for clean energy infrastructure.

Evening Standard

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Evening Standard

Acorn project ‘crucial’, says minister after claim Reeves ‘going cold’ on scheme

UK energy minister Michael Shanks was asked by MSPs about the UK Government’s stance on carbon capture.

Reason

3 Terrible Companies To Lose $5 Billion in Federal Green Energy Loans

One of the recipients has filed for bankruptcy after allegedly scamming elderly clients.

Evening Standard

UK ‘could take more US wood pellets to burn for electricity’ amid trade talks

The US agriculture secretary said the US is ‘100% confident’ that its wood chips meet the UK’s sustainability requirements.

The Conversation

Trump moves to gut low-income energy assistance as summer heat descends and electricity prices rise

The U.S. is headed into what forecasters expect to be one of the hottest summers on record, and millions of people across the country will struggle to pay their power bills as temperatures and energy costs rise.

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Evening Standard

Miliband’s wife and Benedict Cumberbatch object to Camden flat development

Dame Justine Thornton, a High Court judge and the wife of Energy Secretary Ed Miliband, was among a number of residents to object to the plans.

Roll Call

Reconciliation text would rescind energy, environment funding - Roll Call

House Republicans plan to rescind unspent funds from the 2022 climate law and boost the Strategic Petroleum Reserve in reconciliation.

The National (Scotland)

Scottish Power loaned £600m to build offshore cables carrying wind power to England

THE UK’s National Wealth Fund and several banks are handing energy firm ScottishPower a £1.35 billion loan to upgrade the power grid between…

Evening Standard

UK’s National Wealth Fund seals £1.35bn loan to build North Sea power cables

Energy firm ScottishPower is building offshore cables to carry wind power from Scotland to England, in a move ministers say will bring down bills.

Roll Call

House Republicans voice concern over DOE nuclear, research cuts - Roll Call

Energy Secretary Chris Wright encountered resistance from some Republicans to proposed cuts in the administration’s energy budget.

Evening Standard

Miliband sets out proposals for solar canopies above car parks

Energy Secretary Ed Miliband said he wants to turn car parks into ‘solar carports’.

Barchart

Coterra Energy Stock Outlook: Is Wall Street Bullish or Bearish?

Coterra Energy has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

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