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The Latest Breaking News from Electricity

The UK’s power grid needs upgrading to reach net zero – our new study shows where

To reduce its emissions in line with national and global targets, the UK must overhaul how it produces, uses and distributes electricity.

The Conversation

CSIRO stands by nuclear power costings that contradict Coalition claims

The Coalition has attacked the GenCost report that found nuclear power plants would be at least 50% more expensive than solar and wind

The Guardian - AU

Nat-Gas Prices Recover on Forecasts for Warmer US Temps

June Nymex natural gas (NGM24 ) on Tuesday closed up +0.070 (+2.78%). June nat-gas prices Tuesday recovered from a 1-week low and closed moderately higher. Short covering in nat-gas futures emerged to push prices higher on forecasts for hot weather to expand across most of the US, boosting nat-gas demand...

Barchart

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South Africa elections 2024: Key issues by the numbers

Unemployment, crime and access to electricity are some of the biggest issues on the ballot.

Al Jazeera

Understanding how ions flow in and out of the tiniest pores promises better energy storage devices

Modern life relies on electricity and electrical devices, from cars and buses to phones and laptops, to the electrical systems in homes. Behind many of these devices is a type of energy storage device, the supercapacitor. My team of engineers is working on making these supercapacitors even better at storing…

The Conversation

How extreme weather will affect the insurance and energy sectors

When Storm Isha hit Northern Ireland and northern Britain in January 2024, wind gusts of almost 100mph caused widespread damage to property. This strong extra-tropical cyclone also influenced both the insurance and energy sectors. Isha resulted in damages which required the insurance industry to pay out approximately €500 million (£427…

The Conversation

Windfarm pays out over £33 million after accidentally pushing up prices for consumers

Beatrice Offshore Windfarm Limited admits unintentional mistake over complex pricing arrangements

Evening Standard

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Texas Sets May Power Demand Record

ERCOT reports record power demand in Texas for May, emphasizing the importance of reliable energy infrastructure and conservation efforts.

Top News

Coalition’s brave nuke world a much harder sell after new CSIRO report

The agency’s GenCost analysis says a first nuclear plant for Australia would deliver power ‘no sooner than 2040’ and could cost more than $17bn

The Guardian - AU

High Electric Bills? Here's How You Can Save

High electric bills this summer can be blamed on sweltering temperatures and rising demand.

Kiplinger

Nat-Gas Prices Tumble on Cooler US Forecasts

June Nymex natural gas (NGM24 ) on Friday closed down -0.137 (-5.16%). June nat-gas prices Friday tumbled to a 1-week low and closed sharply lower. Forecasts for cooler US temperatures that will reduce nat-gas demand from electricity providers to power increase air-conditioning usage undercut nat-gas prices Friday. Maxar Technologies said...

Barchart

2 Breakout Energy Stocks With More Room to Run

While these two energy stocks have recently surged due to soaring electricity demand, Wall Street analysts see further upside in store.

Barchart

Ofgem reveals price cap falls as Britons to pay less for energy bills from July

Ofgem’s energy price cap will fall by 7 per cent from £1,690 to £1,568 from 1 July for a typical dual fuel household

The Independent UK

Analysts revise First Solar stock price target on AI angle

Here's what could happen next to First Solar shares.

The Street

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The Texas Tribune

Texans are falling behind on their light bills — especially during extreme heat

One organization helping Texans pay their electric bills said the average household was $1,400 behind.

TV Tech

Comcast Reports 40% Energy Efficiency Gains for Its Nationwide Network

Increasingly virtualized, cloud-based technologies are helping Comcast meet customers’ growing data demands with less energy per byte

The Guardian - AU

One Big Chart: how does the cost of nuclear power compare to renewables?

Peter Dutton has suggested Australia should build large-scale nuclear reactors, but CSIRO’s GenCost report shows the price compared to solar and wind

International Business Times

Finland's Wizards Making Food Out Of Thin Air

At a factory in Finland, the "farmers of the future" are making a new food protein by feeding a microbe air and electricity, proving that protein can be produced without traditional agriculture.

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Dynamite News

Heatwave: Rajasthan's electricity demand surge 20 per cent

Amid the surge in demand for electricity due to prevailing heatwaves, the Energy Minister of Rajasthan, Hiralal Nagar has instructed all the officers and employees of the Electricity department to ensure uninterrupted power supply to the state. Read further on Dynamite News:

The Canberra Times

ACT electricity price rise to add $240 to average annual bill

The regulated standing offers will rise by 12.75 per cent.

AAP

Power bills to drop as Victoria faces gas shortages

Victoria's electricity regulator has shaved about $100 off the default offer for residential customers but some say it will do little to ease cost pressures.

AAP

Largest coal plant lifeline slammed as climate failure

A decision to extend the life of a major NSW coal-fired power plant will ensure the lights stay on in the state - at a taxpayer cost of up to $450 million.

The Guardian - AU

Extending life of Australia’s biggest coal-fired power station is ‘deeply disappointing’, green groups say

NSW Labor agreement with Origin to keep Eraring plant open for two more years to 2027 leaves environmental groups ‘deeply disappointed’

The Texas Tribune

Texas A&M System wants a network of power plants on its land across the state

A new state energy fund will offer low-interest loans to companies that build new power plants.

Barchart

Nat-Gas Prices Soar on Hot US Temps and Expectations for a Smaller Inventory Build

June Nymex natural gas (NGM24 ) on Wednesday closed up +0.171 (+6.40%). June nat-gas prices Wednesday rallied to a new 4-month nearest-futures high and closed sharply higher. Nat-gas prices surged Wednesday on forecasts for hot temperatures later this week in Texas, the US Midwest, and the Northeast, which will boost...

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