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The Latest Breaking News from Electricity

Here are some simple tips to slash your electricity bill this winter as power prices surge

It's the third day of winter and temperatures are dropping to single digits, which means Queenslanders are firing up the heaters and bracing for an eye-watering power bill. So how can you curb the cost?

ABC News

Homeowner disputes ‘terrifying’ £40,000 electricity estimate – and is told by supplier it should be £52,000

Couple projected to be spending more on electric than the Blackpool Illuminations

The Independent UK

Can anything be done about the ‘perfect storm’ in Australia’s energy markets?

Russia’s invasion of Ukraine, squeezed gas retailers and a cold snap are combining to put pressure on the grid

The Guardian - AU

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Hawaiian Electric Industries: A Safe Utilities Stock for Income Investors

Hawaiian Electric's (HE) dividend payout has grown at a 3.1% CAGR over the past three years. Moreover, electricity demand is expected to increase this year, which bodes well for electric utility companies. So, would it be wise to add this stock to one’s portfolio now? Read on to learn our…

StockNews.com

Millions face higher bills as energy crunch hits household budgets

Millions of Australians will cop a nasty surprise on their next power bill as Australia’s energy crunch worsens this week.

The New Daily

Everyone who WON'T get the £400 energy bill discount - as full rules explained

Not everyone will get the £400 energy bill discount announced by Chancellor Rishi Sunak last week. It all depends on how you pay your energy bill, and if you're the person in charge of sorting your gas and electricity

Daily Mirror

Iraq Braces for Power Shortages as Iran Cuts Gas Supplies

The electricity supply reaching Iraqi homes has dropped once again as the country continues to struggle with a three-decades old power crisis that successive governments have failed to resolve.

Asharq Al-Awsat

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Gas power helping to prop-up energy grid

The Colongra gas-fired power station on the Central Coast has been running at historically high levels in recent months in an attempt to sure up an increasingly unstable electricity grid.

Newcastle Herald

4 reasons our gas and electricity prices are suddenly sky-high

Gas users and the incoming government are describing Australia’s sudden east coast energy crisis as “apocalyptic” and “a perfect storm”.

The Conversation

Why did gas prices go from $10 a gigajoule to $800 a gigajoule? An expert on the energy crisis engulfing Australia

Australia’s east coast has been plunged into an energy crisis just as winter takes hold, which will see many people struggle to heat their homes due to soaring gas bills.

The Conversation

Tasmania can power itself with hydro — but your electricity bill is not immune from price hikes

The Tasmanian energy market operates differently to mainland states — but that does not mean it is immune from the pressures they're facing, explains Adam Langenberg.

ABC News

Australians 'panicking' as power prices skyrocket, consumer advocates say

Robert Meggs switched to a smaller electricity provider to get a better deal. Then his rates more than doubled. It's an increasingly common story.

ABC News

Bihar to receive 559MW more power from Nabinagar plant

PATNA: The NTPC started commercial operation from the third and final unit of Nabinagar Power Generating Company (NPGC) at Nabinagar in Aurangabad district from Tuesday midnight. The electricity generation capacity of the unit is 660MW, out of which Bihar is to get 559MW henceforth.

The Times of India

Your Electricity Bill Is Going To Get A Lot More Expensive This Cold Szn Here’s Why

As if paying $2 for a litre of petrol wasn’t enough, everyone’s power bills are set to leap up next month as electricity prices become the latest addition to our high cost of living. Time to live under my doona so I don’t have to turn my heater on.The Australian…

Pedestrian.tv

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Irish Mirror

PrepayPower customers dealt major blow as energy provider confirms date of price hike

From July 1, customers will pay on average around €3.05 more a week for electricity and up to €4.65 for gas

AAP

Qld govt denies electricity price gouging

The Chamber of Commerce and Industry Queensland has called for rebates and interventions to shield the state's businesses from surging electricity prices.

The Hindu

KSEB seeks changes in metering for solar ‘prosumers’

Proposed change has given rise to fear that it will result in higher power bills

The Independent UK

Iraq: Iran gas cuts due to nonpayment will cause shortages

Iraq's Electricity Ministry says the country will face power shortages after crucial energy supplies from Iran were cut over non-payment

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news in one place.

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Belfast Live

SSE gas prices up by over 42%, firm says

The Consumer Council said the "significant rise will result in an increase of £372 per year to the gas bill of a household with a credit meter

The Guardian - UK

Shocked by a home electricity bill estimate of £40,000

When we queried this with our energy supplier, OVO, it produced a revised figure – of £52,000

AAP

Qld set for 30-50pct power bills rises

The Queensland government can intervene to shield households and businesses from bill shock and ensure small electricity retailers stay afloat, an analyst says.

Financial Times

Can Africa grow without fossil fuels?

As the developed world demands emissions cuts, the continent’s leaders are asking whether it is possible to industrialise on green energy alone

ABC News

Australia on the 'precipice' of a UK-style energy crisis as soaring costs push retailers out

Australia is on the "precipice" of a UK-style energy crisis that could send many of its power retailers broke and fuel a surge of households unable to pay their bills, a leading expert has warned.

Benzinga

Russian Minister Calls for Regulation on Crypto Mining

Asserting that mining of cryptocurrencies in Russia accounts for more than 2% of the total volume of energy consumed in the country, more than the electricity being used for agriculture, Vasily Shpak, Deputy Head of the Ministry of Industry and Trade said the sector needs to be regulated.

Benzinga

Russia Estimates That Bitcoin, Ethereum, Crypto Mining Consumes 2% Of Total Electricity

A recent government estimate shows that nearly 2% of the total electricity consumption in Russia goes into crypto mining.

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