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The Latest Breaking News from IEEFA

Weak climate targets mean UK banks risk missing out on ‘enormous opportunity’ of Africa’s renewable energy boom

IN FOCUS: ‘Africa will need hundreds of billions of dollars annually by 2030 if it is to meet energy access and development goals,’ one financial expert tells The Independent. Nick Ferris reports

The Independent UK

Holiday Blackouts Sweep Puerto Rico: Could Solar Modular Energy Be An Answer?

Thought leaders have long debated how to best aid Puerto Rico in its transition toward resource efficiency, stability and accessibility. Many, however, believe that this transformation must start with Boricuas themselves.

Latin Times

Why are Australians paying so much for gas – and will Labor’s new scheme bring down prices?

LNG export market and lack of competition have driven up bills across the country – but experts say era of cheap gas is ‘going, going, gone’

The Guardian - AU

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‘Our gas, our prices’: Ed Husic breaks ranks with Labor to demand an end to ‘profiteering’ by exporters

Labor MP backs independent’s call for cheaper energy on the east coast by forcing producers to sell cheaper fuel for Australian use

The Guardian - AU

Queensland coalmines marked for closure ‘uneconomic’, analysis shows, despite sector blaming royalties scheme

Findings show ‘zombie mines’ often restarted during coal price spikes and mothballed as prices return to normal levels

The Guardian - AU

EU pipeline gas imports on downward trend – report

While gas entering the bloc via pipeline is decreasing, liquefied natural gas is set to increase casting doubts on the bloc’s green undertakings.

Euronews

Australians could cut power bills by 90% if they made their homes more energy efficient, report finds

Debate on how to generate energy ‘important but misses the point’, analyst says, when you can get such savings by using solar, batteries and efficient appliances

The Guardian - AU

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Thailand's Gas Gamble: How Policy Missteps and Private Gains Drive Up Power Bills

Thailand's growing dependence on costly LNG imports is driving up electricity prices for households, while elite-connected firms like Gulf Energy and PTT profit. Critics cite regulatory capture, policy delays, and energy mismanagement as the public bears the burden.

International Business Times

How to stay warm this winter without breaking the bank – or the planet

Australians in southern states are shivering through a cold start to winter. Here are the most carbon (and wallet) friendly ways to heat your home

The Guardian - AU

Spending billions on unclean, risky energy? What a nuclear waste

Letters: Readers respond to the energy secretary’s announcement of the new £14.2bn Sizewell C power station and Rolls-Royce winning the contract to develop small modular reactors

The Guardian - UK

No 'band-aid solution': sweating coal risky business

Proper maintenance is the answer to ageing coal generator reliability issues, the coalition has countered in response to more questions about its nuclear plan.

AAP

Peter Dutton’s nuclear power plan could lead to major electricity shortages, analysis says

Coalition’s proposal overestimates the reliability of Australia’s ageing coal generators, Institute for Energy Economics and Financial Analysis says

The Guardian - AU

The Coalition wants to fast-track gas approvals. Would it lower your power bill?

Coalition’s pledges to increase supply and thereby reduce energy prices for Australians are eye-catching – but do they stack up?

The Guardian - AU

Green hydrogen has stalled in nearly every corner of Australia. So why is the government still revving it up?

Chris Bowen announced $814m for the clean energy source despite projects in doubt across NSW, Queensland and South Australia

The Guardian - AU

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The Independent UK

US legal troubles for tycoon Adani expose shortcomings in India's booming solar sector

A U.S. corruption case involving Indian energy tycoon Gautam Adani has exposed vulnerabilities in India's solar sector that are hindering its capacity to switch to clean energy and help limit climate change

The Guardian - UK

Europe’s seaborne imports of gas fall by fifth to lowest since 2021, report finds

UK records 47% annual drop as governments aim to replace fossil fuels but also spend billions on new LNG terminals

The Guardian - AU

Peter Dutton has failed to address the extremely high cost of nuclear – but it can only increase power bills

The Coalition has sought to downplay high construction costs overseas. Our research shows what it would mean for Australia

The Guardian - AU

Coalition’s nuclear plan will add $665 a year to average power bill, report warns

Opposition disputes costings in study and accuses authors of cherrypicking ‘worst-case scenario projects’ from around the world

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Radio France Internationale

French imports of Russian LNG surge, but Ukraine supporters seek a stop

Shipments of Russian liquified natural gas (LNG) to France more than doubled the first half of this year, fresh analyses of trade data shows. It comes as Europe seeks to pull back from energy purchases that help finance the Kremlin's invasion of Ukraine.

The Independent UK

French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop

New analyses of trade data show that shipments of Russian liquified natural gas to France more than doubled the first half of this year

Dynamite News

Gujarat and Karnataka lead the progress to clean energy transition: IEEFA report

Karnataka and Gujarat showcased their leadership in the progress toward the clean energy transition. Read further on Dynamite News:

The Guardian - UK

World’s largest oil companies have made $281bn profit since invasion of Ukraine

Global Witness says the five ‘super-majors’ are the ‘main winners of the war’ while many struggle to heat their homes

The Hindu

The Centre’s big push for residential rooftop solar plans | Explained

Check out The Hindu explainer on the Centre’s big push for residential rooftop solar plan.

Newcastle Herald

'Even more confident' Eraring will close in 2025: new energy report

Climate Energy Finance report argues that Eraring Power Station should close in 2025

The Guardian - UK

Big five oil companies to reward shareholders with record payouts

BP, Shell, Chevron, ExxonMobil and TotalEnergies to distribute more than $100bn despite public outrage

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