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The Latest Breaking News from Electricity

Labour tries to attract clean energy contracts with record £1.5bn for auction

The new budget comes after the previous government failed to award a single new contract in 2023

The Guardian - UK

Renewable energy budget increased to over £1.5bn as record funding allocated for clean power

The funding uplift represents more than a 50 per cent increase on the budget previously set in March

The Independent UK

Nat-Gas Prices Rebound as US Weather Forecasts Turn Hotter

Sep Nymex natural gas (NGU24 ) on Tuesday closed up +0.090 (+4.42%). Sep nat-gas prices on Tuesday recovered from a 3-month nearest futures low and closed sharply higher. Fund short covering emerged in nat-gas futures Tuesday when the Commodity Weather Group said forecasts had shifted hotter for the middle of...

Barchart

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read the most diverse news in one place.

Scottish Water finishes 'groundbreaking' project turning wastewater into electricity

A PROJECT using wastewater to create hydropower in Scotland has officially been completed.

The National (Scotland)

French state to bail out New Caledonia electricity provider

France has granted a "repayable advance" of €14.2 million to Enercal, the main provider of New Caledonia's electric grid, which is running a chronic budget deficit.

Radio France Internationale

Wind and solar energy overtake fossil fuels to provide 30% of EU electricity

Report finds 13 member states generated more energy from wind and solar power than coal and gas for first time in 2024

The Guardian - UK

Americans are cutting back on groceries to pay for AC

Sweltering summer heat has strained households so severely one-third of Americans are cutting grocery budgets and spending less on entertainment to cover cooling bills.

Fortune

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Nat-Gas Prices Weighed Down by Elevated US Inventories

Sep Nymex natural gas (NGU24 ) on Monday closed down -0.015 (-0.73%). Sep nat-gas prices Monday extended the sharp week-long sell-off and posted a new contract low. Meanwhile, Aug nat-gas prices dropped to a 3-month low on the nearest futures chart and are hovering just moderately above the 4-year nearest-futures...

Barchart

This breakthrough tech could solve Microsoft's AI power consumption woes and is 1,000x more energy-efficient

Researchers have developed a new prototype chip dubbed computational random-access memory (CRAM) that could scale down AI's power-hungry demands by over 1,000 times, translating to 2,500x energy savings in one of the simulations shared.

Windows Central

Thousands without power as deadly storm batters Baltic nations

One person has died and some 200,000 households have been left without electricity in Lithuania and neighboring Latvia

The Independent UK

Latitude 2024 review: CMAT and Future Islands bring the electricity at sun-drenched festival

Chic, Keane and London Grammar also shine at family-friendly weekend in the Suffolk countryside

The Independent UK

Ofgem to encourage flexible use of cheap off-peak energy

Regulator for Great Britain also appoints Elexon to lead local flexibility markets

The Guardian - UK

Pakistan Protests Soar Over Skyrocketing Power Bills

Protests in Pakistan over electricity bill hikes spark public outcry. Citizens demand relief from soaring bills and seek sustainable solutions.

Top News

Skyrocketing power bills draw protests near Pakistan's capital

Protests over skyrocketing power bills shut down a major road into Pakistan’s capital on Monday as some 3,000 supporters of a major Islamist party continued a sit-in despite pouring monsoon rains

The Independent UK

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The Conversation

Data centres are guzzling up too much electricity. Can we make them more efficient?

Our insatiable demand for digital content and services has been driving a rise in energy-hungry data centres.

The Independent UK

Key Pakistani Islamist party begins sit-in to protest increase in electricity bills

Pakistani officials say hundreds of supporters of a key Islamist party have started a sit-in protest in the garrison city of Rawalpindi after authorities detained several people to stop them from holding a rally in the neighboring capital, citing security reasons

StockNews.com

3 Utility Stocks With High Dividend Yields

The shift to renewable energy, tech advancements, and constant demand for essential services like electricity and gas drive long-term growth in the utility sector. Additionally, the sector’s defensive nature ensures stability during economic downturns. Therefore, investors might consider buying robust utility stocks UGI (UGI), Brookfield Infrastructure (BIPC), and Central Puerto…

Barchart

Sep Nat-Gas Prices Fall to Contract Low on Inventory Concerns

Sep Nymex natural gas (NGU24 ) on Friday closed down -0.021 (-1.01%), posting the fourth consecutive decline. Sep nat-gas prices on Friday extended the sharp 4-session sell-off and posted a new contract low. Meanwhile, Aug nat-gas prices fell to a new 2-3/4 month low on the nearest futures chart and...

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The Guardian - UK

Drax Group to give shareholders £300m windfall as profits rise

Owner of North Yorkshire power station earned £393m in government subsidies for biomass

The Conversation

China: still the world’s biggest emitter, but also an emerging force in climate diplomacy

Seven years seems a lifetime in politics. In 2017, President Donald Trump announced the United States would withdraw from the Paris Agreement. It prompted Canada, China and the European Union to convene an urgent meeting to reaffirm political commitment to global climate action.

The Conversation

How old, inefficient housing and time-of-use electricity rates are leaving some households worse off

Australia was slow to introduce minimum building standards for energy efficiency. The Nationwide House Energy Rating Scheme (NatHERS) only came into force in 2003.

The Independent UK

Future of undersea electricity cable linking Greece, Cyprus and Israel will be decided next month

Cyprus' energy minister says the future of an electricity cable linking the power grids of Greece, Cyprus and Israel will be settled next month

The Conversation

How solar storms play havoc with our lives

Despite the 150 million kilometres that separate it from the Earth, the Sun does more than just light our way: it also impacts our electricity networks, and even our transport.

The Guardian - UK

Starmer to take on Labour councils that block pylons delivering clean energy

At formal launch of state-run GB Energy, PM sets out plan to build enough offshore wind facilities to power 20m homes

The Texas Tribune

CenterPoint draws state ire after Hurricane Beryl power outages. Here’s what you need to know.

Following Hurricane Beryl’s large-scale power outages, state officials launched an investigation and legislative hearings to scrutinize CenterPoint’s response after the storm.

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