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The Latest Breaking News on Renewable energy

Electrical grids aren't keeping up with the green energy push. That could risk climate goals

Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines aren't added or refurbished in the next few years

The Independent UK

Global electricity grid must be upgraded urgently to hit climate goals, says IEA

Investment needs to double to more than $600bn a year by 2030 after ‘decade of stagnation’, says agency

The Guardian - UK

Some officers creating hurdles in daily energy purchases, says Telangana Transco CMD

TS-Genco/TS-Transco CMD Prabhakar Rao alleges that some IAS officers were creating hurdles in power utilities' functioning. He says the utilities need the cooperation of the administration to ensure uninterrupted power supply. Market purchases are up to 70 MU/day at ₹50-60 crore, to meet demand. Poor inflows into reservoirs and uneven…

The Hindu

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Tamil Nadu saw underdrawal of power from grid, amid green energy generation in September

Tamil Nadu witnessed underdrawal of power in Sep 2023 due to higher renewable energy generation. State's peak demand was 16,809 MW and energy requirement was 10,014 million units. 15 pumped storage projects totalling 15,000 MW are being worked out to tackle fluctuations in renewable energy.

The Hindu

Robert Priddle obituary

Other lives: Senior civil servant who finished his career as managing director of the International Energy Agency

The Guardian - UK

In Andhra Pradesh, another shock for industries

The industrial sector in Andhra Pradesh is going through another rough patch as power utilities have decided to impose true-up charges and various adjustment charges on consumers.

The Hindu

State’s peak demand rose 10.04% to 19,045 MW in first half of 2023-24

Tamil Nadu's peak power demand rose 10.04% to 19,045 MW in Apr-Sep 2023, due to dry weather and poor rainfall. The demand is expected to be lower in Oct-Dec due to the northeast monsoon.

The Hindu

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Is Rio Tinto (RIO) the #1 Industrial Metal Stock to Buy Right Now?

Prominent industrial metal producer Rio Tinto (RIO) expects to bolster its iron ore operations through a massive project in Guinea. Looking at the company’s venture into green minerals, should you invest in RIO now? Let’s look at its financial metrics to know more….

StockNews.com

'I will be completely independent': New EU climate commissioner Wopke Hoekstra

Talking Europe hosts the newly appointed EU Commissioner for Climate Action, Wopke Hoekstra. The EU has put the Green Deal at the heart of its policy making, and Hoekstra was confirmed in the key job after somewhat fractious hearings in the European Parliament, where some MEPs drew attention to his…

France 24

Daniel Křetínský-owned power plant must pay £23m for charging excessive payments

Regulator found Czech tycoon’s South Humber Bank raised prices when operator was likely to pay plants to stop generating power

The Guardian - UK

Biden awards $7 billion for 'clean hydrogen' hubs across the country to help replace fossil fuels

The Biden administration has selected clean-energy projects from Pennsylvania to California for a $7 billion program to kickstart development and production of hydrogen fuel, a key component of President Joe Biden’s agenda to slow climate change

The Independent UK

Orsted puts up $100M guarantee that it will build New Jersey's first offshore wind farm by 2025

The Danish wind energy company Orsted has put up a $100 million guarantee that it will build New Jersey’s first offshore wind farm

The Independent UK

Company drops plan for gas power plant in polluted New Jersey area

A power company has abandoned plans for a natural gas-fired power plant planned for an already polluted low-income area in New Jersey

The Independent UK

If the first solar entrepreneur hadn't been kidnapped, would fossil fuels have dominated the 20th century the way they did?

One argument put forward in defence of fossil fuels is that they were a historical necessity, because there was no other viable substitute for much of the 20th century. We owe fossil fuels a debt of gratitude, the argument goes, because they supercharged our development. But what if I told…

The Conversation

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The Independent UK

Norway activists press on with their protest against wind farm on land used by herders

Dozens of activists in Norway are blocking the entrance to one of the main operators of a wind farm they say hinders the rights of the Sami Indigenous people to raise reindeer

AAP

NSW assured Eraring lifeline won't kill climate goals

Keeping Australia's largest coal power plant open won't shut the door on NSW achieving its legislated carbon emissions targets, the government says.

The Conversation

A successful energy transition depends on managing when people use power. So how do we make demand more flexible?

Energy security concerns are mounting as renewable projects and transmission lines are delayed.

The National (Scotland)

'Lip service': SNP raise concerns over offshore worker visas with UK Government

CONCERNS over the impact of the UK Government’s “extremely complex” visa rules for offshore renewables workers have been raised directly…

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The Independent UK

Norway activists renew protest against wind farm on land used by herders

Dozen of activists are protesting at Norway’s parliament to express frustration over the Norwegian government’s failure to shut down a wind farm they say endangers the way of life of Sami reindeer herders

The National (Scotland)

UK visa rules pose 'significant' risk to offshore wind industry, top lawyer says

OFFSHORE renewables projects in the UK are facing barriers due to the strict new immigration rules from the Home Office, a lawyer at a top…

The Guardian - AU

Coalition are ‘climate charlatans’ making false claims about Australia’s nuclear power potential, energy minister says

Chris Bowen describes the opposition’s promotion of the banned energy source as an attempt to ‘continue the culture climate wars’

The Guardian - UK

World’s largest offshore windfarm project starts powering UK grid

First of 277 turbines goes into operation at site that will produce enough energy for 6m homes

Newcastle Herald

More clean energy needed to keep energy costs down

Four coal-fired power stations are due to close in the next decade.

StockNews.com

Analyzing the Profitability of 3 Uranium Stocks

Uranium prices recently hit post-Fukushima high as supply risks mount and global demand for nuclear power remain strong. Amid surging prices, uranium stocks Cameco (CCJ), NexGen Energy (NXE), and Ur-Energy (URG) have gained significant momentum of late. But let’s analyze the profitability of these stocks. Read on to know more….

The Guardian - AU

Hope for power bill relief as eastern Australia’s wholesale electricity price tumbles

Exclusive: September quarter average fell to $63 a megawatt hour, partly thanks to milder winter and increased renewables

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