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The Latest Breaking News from Electricity

UK faces periods of ‘tight’ electricity supply this winter amid Russia war in Ukraine

Prices soaring due to uncertainty over supply

The Independent UK

Power deficit comes down from 2% in April to 0.6% in June

Power Minister R.K. Singh informed the Parliament that electricity supply grew 12.8% in April 2022, as compared to the year-ago month, across India.

The Hindu

Liverpool council chief criticised in long awaited energy failure report

Independent investigation critical of ex-chief executive and highlights 'significant failings' that will cost city millions

Liverpool Echo

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Good news, bad news: record profits for TotalEnergies, huge losses for EDF

On Thursday, French power company TotalEnergies announced that profits had more than doubled in the second quarter. The national electricity company, EDF, meanwhile blamed a state-imposed cap on energy prices for a record loss in the first six months of 2022.

Radio France Internationale

Cost of living: ‘How to manage?’ laments Sri Lankan market vendor

As the economic crisis worsens, a trader in Colombo must eat less, ration medicine and buy black-market fuel to get by.

Al Jazeera

Saudi Arabia, Greece Study Supplying Europe With Energy

Saudi Arabia and Greece began working on strategic cooperation on several issues of joint interest, including electricity generation through renewable energy and exporting electricity produced by renewable energy to Greece and Europe. The two countries also agreed on cooperation in clean hydrogen, including low-carbon and green hydrogen, and its transfer…

Asharq Al-Awsat

How the boom in air conditioning is fuelling global heating

Rising temperatures create a vicious cycle as demand for electricity leads to more greenhouse emissions

The Guardian - UK

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Andhra Pradesh officials promise electricity to tribal hilltop village

Residents of Jeelugulova seek jobs under MGNREGS and Aadhaar cards

The Hindu

Power supplies could be 'tight' at times this winter, electricity body says

But The Electricity System Operator (ESO) believes it should be able to keep the lights on

Wales Online

National Grid asks UK coal power plants to be on standby this winter

Users may also be paid to use less electricity, as country prepares for gas shortfalls across Europe

The Guardian - UK

Global coal-fired power supplies at a record high

Global coal-fired electricity generators are producing more power than ever before in response to booming electricity demand and the surging price of gas.

Bangkok Post

Despite Australia’s soaring inflation rate, some economists say the peak may be ‘coming into view’

Analysis: Inflation optimists look to falling global supply chain pressures but spiking energy prices suggest we haven’t reached a plateau yet

The Guardian - AU

Government £400 energy rebate simplified to offer more guidance on how it works

They are set to apply a £400 rebate to all domestic energy bills

Nottingham Post

How costly political realities undercut Ghana's electricity reforms

Ghana reformed its electricity sector by the book but has lurched from blackouts between 2012 and 2015 to a glut of energy which costs government about 5% of GDP. Fitch ranks the energy sector as the biggest driver of national debt. How did this happen? It’s a classic case of…

The Conversation

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Edinburgh Live

Caravan and mobile home owners issued warning over £400 energy rebate loophole

Those living in caravans and mobile homes could find that they miss out on their share of the Government's £15billion cost of living support package due to a loophole

The Hindu

Regulatory panel rejects KSEB plea on metering system

Wanted to replace the ‘net metering’ with ‘gross metering scheme’ for prosumers

Bangkok Post

All-time high power tariff expected

The cost of electricity is likely to rise to an all-time high rate of 4.72 baht per unit in the last four months of this year.

The Times of India

Mekedatu hydel reservoir to provide water to Bengaluru and power to Tamil Nadu: Karnataka govt

NEW DELHI: The Karnataka government has told the Supreme Court that the Mekedatu hydel-reservoir project will help draw water from Cauvery river for Bengaluru city and provide electricity to Tamil Nadu, which it said had a historical habit of objecting to every development project in Karnataka.

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The Guardian - AU

Australia’s inflation rate reaches 6.1% – the fastest annual increase in 21 years

Australians are paying more for food and fuel, according to data released on Wednesday by the Australian Bureau of Statistics

360info

India’s millions consume more than the country can sustain

As the world uses natural resources faster than they can be replenished, India looks to a future of renewable energy.

Glasgow Live

New £400 energy payment explained as millions set to get discount

Households across Scotland and the UK are set to get a £400 discount on their energy bills to help amid the cost of living crisis — here is everything you need to know.

The Hindu

Explained| Power tariff revisions and the state of DISCOMs

Why are power distribution companies swimming in losses? Why are States reluctant to hike power prices?

The Guardian - AU

Lismore residents with flood-damaged homes still received bills from energy companies

Some customers whose homes were uninhabitable for months were billed based on estimated power usage

The Independent UK

‘No shower, cooker or freezer’: Thousands of older women face stark choices in ‘apocalyptic’ cost crisis

Exclusive: ‘I sit in dark in the evenings to economise on electricity. It is lonely and isolating and I feel I am not part of society. My electricity bills have tripled this year. They made me feel quite sick. So I have turned off my radio.’

StockNews.com

4 Energy Stocks to Buy in 2022

The persistent macroeconomic and geopolitical headwinds have injected immense volatility into the energy market. Concerns about the demand-supply instability and Russia's gas squeeze will likely keep energy prices up. Thus, it could be wise to invest in fundamentally sound energy stocks Via Renewables (VIA), Genie Energy (GNE), FirstEnergy (FE), and…

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