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The Latest Breaking News on Energy

Consumer confidence in Australia's energy system suffers steepest-ever plunge

With wholesale electricity prices skyrocketing to the highest levels on record amid the crisis engulfing the east coast market, a survey finds that consumers have lost almost all faith in the system.

ABC News

Republican senator suggests Biden using Mar-a-Lago raid to distract from falling gas prices

Ernst’s talking points come as prices have dropped for weeks

The Independent UK

Irish households could be in for major boost as EU plans to reduce energy prices

European Commission President Ursula von der Leyen announced on Monday that European officials are considering an "emergency intervention" to tackle soaring energy costs before winter

Irish Mirror

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Could The Rise Of Natural Gas Demand Lead To A Cease-Fire In Ukraine? Former Saudi Aramco Vice President Thinks So

Dr. Sadad Al Husseini, the former executive vice president of Saudi Aramco and founder of Husseini Energy, a Saudi Arabian energy company, was on CNBC Monday commenting about natural gas supply and demand and the effect of sanctions on Russia and the global economy.

Benzinga

European gas shortages likely to last several winters, says Shell chief

Warning raises prospect of continued rationing, as Total boss says Europe has to plan for future without Russian supplies

The Guardian - UK

Losses on petrol, LPG end; continue to incur loss on diesel sales: BPCL chairman

‘Global prices volatile, unable to pass on volatility’

The Hindu

Green Tories back Johnson’s call for successor to invest in renewables

Outgoing PM to warn against focusing on short-term energy solutions in one of his final speeches

The Guardian - UK

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Elon Musk Wants More Nuclear Power, And This Stock Is Poised To Benefit From Uranium Comeback

The tragedy at the Fukushima Daiichi nuclear power plant in Japan, which was caused by the country's largest recorded earthquake in March 2011, tanked the uranium sector. Following the tragedy, Japan shuttered all of its nuclear reactors, and other nations took similar measures.

Benzinga

Supreme Court climate ruling could impact nuclear waste case

The Supreme Court’s landmark ruling on climate change could have implications for a range of other issues, including a case involving nuclear waste storage and a proposal requiring companies to disclose how climate risk affects their businesses

The Independent UK

Eight arrested following Just Stop Oil roadblock in Essex

Officers were called to the scene in St Clements Way, in West Thurrock Grays at around 8pm on Sunday after reports of a group obstructing the road.

The Independent UK

EU, German leaders pledge reform to cut electricity prices

The head of the European Union’s executive branch and Germany's chancellor have pledged a reform of the continent’s electricity market to help bring down power prices that have been pushed higher by skyrocketing gas prices

The Independent UK

French businesses put on notice as threat of power rationing looms

French Prime Minister Elisabeth Borne on Monday told French companies to get “energy sober”, warning that businesses – not households – would be the first affected by potential electricity rationing ahead of the winter.

Radio France Internationale

Gas used by Irish power plants fell 7.4% in 2021 due to Cork station being offline

A fault at the gas-fired Whitegate power station meant that it was offline for most of 2021

Irish Mirror

What are green jobs and how can I get one? 5 questions answered about clean energy careers

When President Joe Biden signed the Inflation Reduction Act in August 2022, he called it the “largest investment ever” to fight climate change. He also said it would lead to the creation of well-paying union jobs to help “reduce emissions across every sector of our economy.” These jobs are also…

The Conversation

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The Independent UK

UN team heads to Ukraine’s Zaporizhzhia nuclear plant amid fresh Russian strikes nearby

Recent spate of shellings has raised fears of radiation disaster at the occupied power station

The Independent UK

Danes, Germans back Baltic wind hub to offset Russian gas

Denmark will increase a planned offshore wind capacity in the Baltic Sea to 3 gigawatts and hook it up to the German grid which will be a step toward weaning Europe off its reliance on Russian gas

Al Jazeera

The impact of nuclear tests around the world

Since 1945, more than 2,000 nuclear test explosions have been conducted by at least eight nations.

Insider UK

Renewables sector demands government action on low-carbon industrial strategy

Scottish Renewables lays out its priorities ahead of next month's Programme for Government

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Reuters

Zelenskiy blames Russia as Europe counts cost of gas crisis

Ukraine's President Volodymyr Zelenskiy accused Russia of economic terrorism on Monday as the cost of Europe's energy crisis spiralled with Germany on the hook for at least 19 billion euros to bail out its biggest importer of Russian gas.

The Independent UK

Why are energy bills increasing?

Squeeze on wholesale gas prices around the world driving up household bills

Daily Record

Nearly half of Tory supporters want energy companies to be nationalised in face of cost of living crisis

Moves to bring the energy companies back into public ownership are popular even with supporters of the Tory government who sold off the utilities to the private sector in the 1980s.

Insider UK

Port of Dundee selected as pre-assembly base for Inch Cape wind farm

Port's renewables hub entirely booked for a year from March 2025, employing around 50 staff

The Conversation

'Matter of national destiny': China’s energy crisis sees the world’s top emitter investing in more coal

Two months of scorching heatwaves and drought plunged China into an energy security crisis.

Asharq Al-Awsat

Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth

Oil prices rose 1% on Monday, as expectations that OPEC would cut output if needed to support prices, coupled with conflict in Libya and rising demand amid soaring natural gas prices in Europe, helped offset a dire outlook for US growth. US West Texas Intermediate (WTI) crude futures jumped $1.09,…

AAP

Petrol prices rebound to four-week high

Fuel prices have crept up to a four-week high, with motorists paying just shy of $1.80 a litre on average.

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