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The Latest Breaking News from Electricity

Vodafone signs second major corporate solar power purchase agreement

44% of its annual energy requirement will come from UK-based renewable power sources by 2025

Birmingham Post

We won’t be distracted from green targets - ScottishPower boss

Operating profit increased by 7.4% to reach £785m, although the retail arm reported losses

Insider UK

Australia's energy market operator is worried about the grid's reliability. But should it be?

The Australian Energy Market Operator (AEMO) this week released an update to its annual assessment of reliability, the so-called Electricity Statement of Opportunities. This has been reported as the market operator forecasting “power shortages”, or the network being “at risk of supply shortages”.

The Conversation

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Households can only claim £150 winter heating bill discount up until end of this month

The deadline to make an application or challenge a Warm Home Discount Scheme claim is February 28.

Daily Record

Origin Energy looks to negotiate new takeover bid

A consortium keen to acquire Origin Energy has issued a revised offer the board of the electricity and gas supplier says has the potential to deliver value.

AAP

Alinta calls for new gas, green energy capacity as coal exodus threatens supply crunch in WA

Australian energy heavyweight breaks cover to call for new gas plant in the west as coal exodus threatens supply crunch.

ABC News

As the Colorado River shrinks, federal officials consider overhauling Glen Canyon Dam

LOS ANGELES — The desiccation of the Colorado River has left Lake Powell, the country’s second-largest reservoir, at just 23% of capacity, its lowest level since it was filled in the 1960s.

Los Angeles Times

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Electricity bill increase pushes crisis weary Sri Lankans to the brink

The latest electricity price rise in crisis-hit Sri Lanka has left stall owner Mohammed Lafeel in a quandary: the 66% increase means he can't afford to pay for electricity but can't manage without it so goes deeper into debt to keep it on.

Reuters

India invokes emergency rules to avoid blackouts this summer

NEW DELHI: The government is invoking an emergency rule that will force some of the country’s biggest coal power plants to operate at full capacity, as the country prepares to meet surging electricity demand and avoid blackouts.

The Times of India

AEMO warns of NSW power gaps within three years, calls for 'urgent' investment in grid

The state is set to bear the brunt of reliability gaps in Australia's biggest power system as mass coal-fired power exits hit.

ABC News

Radioactive waste isn't going away. We've found a new way to trap it in minerals for long-term storage

There are around 440 nuclear power plants operating in 32 countries around the world, supplying some 10% of the world’s electricity. Another 60 reactors are under construction, and 300 more are proposed.

The Conversation

Energy market operator plugs fix for 'reliability gaps'

The Australian Energy Market Operator warns electricity grid reliability is in doubt over the next 10 years without timely investments to replace coal plants.

AAP

Australia at risk of electricity supply shortages as renewable projects lag behind coal plant closures

Successive La Niñas have eased demand but, with many renewable and storage projects now delayed, the energy market operator has revised its projections

The Guardian - AU

Adani Group decides against bid for stake in power trader PTC

MUMBAI: Billionaire Gautam Adani has decided against bidding for a stake in state-backed electricity trader PTC India, people familiar with the matter said, as his business empire looks to preserve cash amid criticism from a US short-seller.

The Times of India

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Irish Mirror

'I'm an ex-builder and this €4 window sheet hack could save you hundreds on your energy bills'

The cost of living is at an all-time high and electricity bills have almost doubled in a year

Asharq Al-Awsat

Saudi Arabia Vows to Take Legal Action Against Unlicensed Energy Use

As Saudi Arabia continues to push for energy efficiency, rationalization of consumption, and adherence to sustainability standards, the Saudi Ministry of Energy vowed to hold accountable those who waste oil products, or transfer them to various facilities for the purpose of generating electric power without obtaining the necessary licenses. In…

Irish Mirror

Pinergy becomes first Irish energy provider to drop prices as wholesale costs fall

The move is the result of a fall in the wholesale cost of gas

Daily Record

Scotland's most vulnerable people left unable to afford life-saving medicine amid cost of living crisis

One man with diabetes and epilepsy couldn’t afford to top up his meter so was left with no electricity and had to throw out the insulin in his fridge.

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The Conversation

The rise of renewables is not without risk for investors

Given the urgent need to combat climate change and put an end to the exploitation of fossil fuels, it would appear renewable energies have a bright future. Having grown steadily for several years, they accounted for 19.1% of gross final energy consumption in France in 2020. Across the Channel, 43%…

Wales Online

Mother-of-two receives £27,000 energy bill after smart meter error

Paula Coplin, 42, from Leicester, discovered the colossal bill while trying to claim back credit from her account

Daily Record

Mum left panicking with £27,000 energy bill after smart meter error

Paula Coplin tried to claim £1,000 in credit she had amassed for other bills when she was told she could not get her money back after being billed £27,404.81.

Reuters

Blasts hit west Ukraine after Russia fires four missiles, officials say

Blasts wounded two civilians and shattered several hundred windows in the west Ukrainian city of Khmelnytskyi as Russia fired missiles from the Black Sea on Saturday, Ukrainian officials said.

Radio France Internationale

Electricity supplier EDF loses €18 billion, worst result in company's history

The national electricity generator EDF has reported one of the worst years in French corporate history, losing €18 billion and seeing debt rise to an unprecedented €65 billion in 2022. The impact of the Ukraine war and idling nuclear reactors spelt financial disaster for the state-controlled entity.

Edinburgh Live

East Lothian drivers face peak rate fees for charging vehicles

East Lothian Council says the peak hours for electricity demand are between 4pm and 8pm every day and they want to discourage drivers who used nearly 100,000kWh of power from their chargers last month from charging during this time

Wales Online

Energy giant EDF's profits soar after hiking price of electricity

The update comes a day after British Gas owner Centrica saw profits to triple to around £3.3 billion for the past year

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