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The Latest Breaking News from Electricity

3 Top-Rated Utility Stocks to Scoop Up Now

With utility stocks riding the wave of soaring power demand, here are three top-notch Goldman Sachs utility picks.

Barchart

Nigeria loses electricity and major airports close as unions seek higher wages amid record inflation

Africa’s most populous country has ground to a halt as Nigeria’s largest labor unions begin striking to demand a salary increase amid the worst cost of living crisis in decades

The Independent UK

In threat to climate safety, Michigan to woo tech data centers with new laws

Opponents of bills argue ‘offramp’ to keep gas or coal plants running will be triggered if energy-heavy centers are built

The Guardian - US

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Nat-Gas Prices Recover Mildly After the Week's Plunge

July Nymex natural gas (NGN24 ) on Friday closed up +0.015 (+0.58%). July nat-gas prices Friday saw a modest recovery after the sharp declines of -5.63% on Wednesday and -3.53% on Thursday. The near-term weather outlook is mixed. NatGasWeather said Thursday that the eastern part of the US is expected...

Barchart

US Energy Secretary calls for more nuclear power while celebrating $35 billion Georgia reactors

U.S. Energy Secretary Jennifer Granholm is calling for more nuclear reactors to be built in the United States and worldwide

The Independent UK

What we know so far about Labour’s plan for Great British Energy

The Labour party has announced its plans for the energy sector, closing off the first full week of the 2024 election campaign.

The Conversation

Nat-Gas Prices Retreat as Weekly EIA Inventories Climb More Than Expected

July Nymex natural gas (NGN24 ) on Thursday closed down -0.094 (-3.53%). July nat-gas prices Thursday dropped to a 2-week low and closed moderately lower after weekly nat-gas inventories rose more than expected. The EIA reported Thursday that nat-gas inventories for the week ended May 24 rose +84 bcf, above...

Barchart

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Lebanon's Electricity Crisis Worsens Amid Political Blockade

Lebanon's electricity crisis deepens due to political interference, rejecting Qatar's renewable energy offer. Urgent reforms needed.

Top News

Qatar's offer to build 3 power plants to ease Lebanon's electricity crisis is blocked

Lebanon's caretaker economy minister says the country's rulers, fuel companies and private electricity providers have blocked an offer by gas-rich Qatar to build three renewable energy power plants to ease the crisis-hit nation’s decades-old electricity crisis

The Independent UK

Nat-Gas Prices Fall as US Weather Forecasts Cool

June Nymex natural gas (NGM24 ) on Wednesday closed down -0.097 (-3.75%). June nat-gas prices Wednesday fell to a 1-1/2 week low and closed moderately lower on forecasts for cooler US weather that would reduce nat-gas demand from electricity providers for air-conditioning. Maxar Technologies said Wednesday that forecasts for much...

Barchart

How Much Does It Cost To Charge An Electric Car?

Combustion engines run on fuel. Electric vehicles use electricity. A main selling point for EVs is that charging a battery costs less than filling a fuel tank.

InsideEVs

Standard-gauge track to link solar homes, cars, gadgets

A digital spine to support a low-cost and low-carbon electricity system will connect Australians like a "standard railway gauge of solar and batteries".

AAP

Severe thunderstorms pummel Texas causing widespread power outages

Hurricane-force winds have left nearly 650,000 buildings in the greater Dallas area without electricity

The Guardian - US

Tanzania’s dams: flood risk depends on how they’re planned and operated

The Rufiji River, which drains into Tanzania’s south-east coast, experienced a major wave of flooding in April 2024. The flooding caused tragic loss of life and affected at least 88,000 individuals. More than 28,000 hectares of crops were damaged.

The Conversation

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The Conversation

Power cuts have hit South Africa’s labour market hard: the biggest toll has been on jobs – new research

Access to electricity – measured by the share of individuals who use electricity as their main energy source – has significantly improved in lower-income countries in recent decades. Thanks to large-scale rural electrification and infrastructure development programmes, 90% of the population in these countries had access by 2021, up from…

The Conversation

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 Guardian - AU

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

Barchart

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...

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Al Jazeera

South Africa elections 2024: Key issues by the numbers

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

The Conversation

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…

Evening Standard

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

Beatrice Offshore Windfarm Limited admits unintentional mistake over complex pricing arrangements

Top News

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.

The Guardian - AU

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

Kiplinger

High Electric Bills? Here's How You Can Save

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

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