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The Latest Breaking News from Electricity

How to save on winter energy bills as electricity prices and cost of living surge

Electricity prices are set to soar come July 1. Here's how you can save some money, while staying warm.

ABC News

Nat-Gas Prices Drop as U.S. Weather Forecasts Turn Cooler

June Nymex natural gas (NGM23 ) on Thursday closed down -0.091 (-3.79%). Jun nat-gas Thursday fell to a 1-1/2 week low and closed moderately lower as updated U.S. weather forecasts turned cooler, curbing nat-gas demand from electricity suppliers to power air conditioning. Forecaster Atmospheric G2 said temperatures across the eastern...

Barchart

Power line bill gets traction in debt limit deal - Roll Call

Legislation to encourage the movement of clean electricity to areas if high demand could be folded into a broader deal to raise the limit.

Roll Call

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When renewable energy is not ‘green’ enough

Though seemingly uncontroversial, offsetting emissions by using common renewable energy technologies is no longer regarded as ‘green’, says Alex Lo

Newsroom.co.nz

Octopus relaunches 'popular' tariff that can help you save on your energy bills

The Octopus Tracker tariff for gas and electricity, which will launch in July, is a variable tariff which follows the wholesale price of energy - this is the price suppliers pay

Daily Mirror

‘Cold comfort’: Regulators unveil massive electricity bill hikes

Australian families are being urged to seek out a cheaper electricity deal after regulators unveiled massive hikes on power prices.

The New Daily

BJP to hit the streets seeking implementation of Congress guarantees in Karnataka without conditions

Mysuru MP Pratap Simha warned that the BJP will urge people not to pay the electricity bill if their consumption is below 200 units.

The Hindu

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Texas power struggle: How the nation’s top wind power state turned against renewable energy.

State lawmakers have pushed bills to support fossil fuel-burning power plants and restrict renewable energy development this legislative session.

The Texas Tribune

Afternoon Update: Stan Grant goes to police; building fire in central Sydney; and electricity bills go up again

A man has been charged with allegedly making threats against the ABC journalist, plus power costs rise to rise in July

The Guardian - AU

Cost of living, power prices driving Victorians into food relief program, Uniting says

A social welfare organisation says by the end of the month it will have served 1,000 more meals than it did at this time last year, and that younger people and women are among those presenting for the first time.

ABC News

Energy bills set to drop as Ofgem announces new price cap of £2074

New cap brings gas and electricity prices below the Government's £2,500 Energy Price Guarantee from July

Chronicle Live

Households to be more than £400 a year better off as Ofgem energy cap slashed

Households will be more than £400 a year better off on average from July after the cap on energy bills was slashed following steep falls in wholesale gas and electricity prices.

Evening Standard

What about those who can't flee fighting in Sudan? Many face danger and despair

Mahmoud says he almost never leaves his Khartoum apartment, only venturing out for food and water, hunkering down otherwise as the conflict rages outside

The Independent UK

California unlikely to run short of electricity this summer thanks to storms, new power sources

California regulators say the state is unlikely to run short of electricity this summer, thanks to new power sources and a wet winter that filled reservoirs to restart hydroelectric power plants shuttered during the drought

The Independent UK

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The Guardian - UK

Ofgem energy price cap falls to £2,074 but households will see little relief

Consumers still paying almost twice as much for gas and electricity as in October 2021 despite cut by regulator

Newcastle Herald

NSW energy transition policies under review

Two of the state's renewable energy zones have been delayed by two years.

The Independent UK

Timeline: How Georgia and South Carolina nuclear reactors ran so far off course

The first of two nuclear reactors in Georgia is generating electricity and could be days away from achieving full-power operation

The Independent UK

Georgia nuclear rebirth arrives 7 years late, $17B over cost

The first new U.S. nuclear reactor built from scratch in decades has begun generating electricity

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news in one place.

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Daily Mirror

Electrocuted teen killed in freak accident 'could have survived' without 999 error

Luke Bennett died in tragic circumstances in the company of his friends in March 2021 after a metal pole he was carrying touched an overhead powerline carrying 11,000 volts

The New Daily

Power bills to surge for thousands under new price cap

Customers on the default electricity market offer will be slugged with price rises of up to 25 per cent due to high wholesale energy costs.

AAP

Power bills to surge by nearly 25pct for thousands

Customers on the default electricity market offer will be slugged with massive price rises due to high wholesale energy costs.

ABC News

Electricity prices to rise by up to 25 per cent in NSW, south-east Queensland, South Australia and Victoria

The Australian Energy Regulator confirms electricity price rises will increase by a rate higher than its draft offer, which will come into effect on July 1.

ABC News

Australian shares close lower as interest rate and debt ceiling worries spook traders — as it happened

The Australian dollar slides with shares closing lower after a "risk-off" drop on Wall Street. KPMG writes email to staff saying it 'can no longer sit by' after PwC tax leaks. Follow the day's events on the ABC News live markets blog.

Barchart

Nat-Gas Prices Climb on the Outlook for Hot U.S. Summer Temps

June Nymex natural gas (NGM23 ) on Wednesday closed up +0.077 (+3.32%). Jun nat-gas Wednesday rallied moderately as the outlook for hot summer weather is positive for the demand for nat-gas from electricity providers to power increased air-conditioning usage. Above-normal temperatures are expected across the Midwest and Northeast from May...

The Guardian - UK

Millions will face fuel poverty despite Ofgem move to cut energy price cap

Crisis ‘far from over’, warn campaigners as an estimated 6.5m households across Great Britain will still struggle to pay bills

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