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The Latest Breaking News from Electricity

Australian households face steep power bill increases as generation costs soar

Customers in NSW could see power bill increases of up to 18%, South Australia almost 20% and parts of Queensland could see rises of 12%

The Guardian - AU

Power prices to surge up to 18.3 per cent as energy market turmoil flows through to households

Benchmark power prices will rise by up to 18.3 per cent as the energy industry watchdog seeks to pass on rocketing production costs to consumers.

ABC News

Egco aims to increase capacity by 1GW

SET-listed Electricity Generating Plc (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand, plans to increase its power generation capacity by around 1 gigawatt and will continue to acquire more assets to grow its energy portfolio.

Bangkok Post

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Rishi Sunak to announce windfall tax on energy firms

One-off levy to fund support package amid cost of living crisis which could include increase in benefits

The Guardian - UK

Energy bills: How can the UK government help reduce soaring gas and electricity?

Rishi Sunak under fire for not doing more to help households tackle climbing costs

The Independent UK

What is the energy price cap and why is it set to rise?

Fuel costs are continuing to soar for households across Wales and the rest of the UK

Wales Online

SSE profits soar as UK Government considers windfall tax

ENERGY company SSE has reported a bump in profits helped by the electricity it produces at gas power plants as reports emerged that the Government…

The National (Scotland)

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Cost of living crisis: Poorer households face even higher inflation, Institute for Fiscal Studies warns

Poorer households may face an eye watering inflation rate of 14 per cent, the influential Institute for Fiscal Studies has said, after the boss of energy regulator Ofgem warned bills will soar even higher this autumn.

Evening Standard

Handy site to measure electricity usage could save hundreds on energy bills following price cap rise

Not many people know about the site and it just might help you save on your energy bills

Manchester Evening News

Rajasthan: 3 die in rain related mishaps in Kota

JAIPUR/ALWAR/KOTA: Hail storm, dust storm at a speed of almost 70 kms/hour and rainfall during early hours on Tuesday created a mayhem across the state as three persons were killed and 14 others were injured in rain related mishaps in Kota. Many districts and its villages also witnessed abrupt power…

The Times of India

Pennsylvania power prices are rising on June 1 by up to 46%. There are ways to save

Rising energy costs are about to hit home for most Pennsylvania electric customers.

The Philadelphia Inquirer

Morning mail: power bill update delayed, war crimes, Albanese meets Biden

Wednesday: Australians left in dark about electricity price rises until after election. Plus: Australian-Korean hip-hop crew 1300 shocked by their success

The Guardian - AU

Coalition delayed news that electricity prices are set to rise until after federal election

Outgoing energy minister Angus Taylor rejects suggestion delay was political and regulator says it was necessary to include ‘most recent network costs’

The Guardian - AU

Australia can swiftly end the climate wars and become a renewable superpower. Here’s how

We can replace coal power with renewables and storage, electrify everything, create a renewable export industry and grow clean energy supply chains

The Guardian - AU

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The Times of India

Amid coal crunch, NTPC targets 86% rise in output from own mines

NEW DELHI: Amid a crushing coal crunch, India’s largest electricity producer NTPC is looking at ramping up Black Diamond production by 86% to 26 million tonnes (mt) from its captive mines in the current financial year, even as the power ministry has raised the requirement of domestic coal for the…

Newsroom.co.nz

Can New Zealand hit its renewable electricity goal?

The Government's set an ambitious target of hitting 100 percent of electricity generation from renewable sources by 2030 – but it is achievable?

The Guardian - UK

We can’t all work ourselves out of the cost of living crisis

Letters: An immediate increase in benefits could surely be brought into play, writes Jill Westby. Plus letters from Lisa J Rafferty and Carolyn Sutton on their struggles with rocketing household bills

The Hindu

Agreement inked for Solar City project

THIRUVANANTHAPURAM

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Bristol Post

Energy price cap to rise again to £2,800, Ofgem boss says

Gas and electricity bills will rise again in October

Daily Mirror

Energy bills price cap to rise to £2,800 in October, warns Ofgem boss

The news comes as Chancellor RIshi Sunak considers a windfall tax on electricity generators and oil and gas giants in a bid to help struggling households.

Daily Mirror

Tories 'to U-turn on windfall tax' with new levy on oil, gas and electricity giants

Chancellor Rishi Sunak has ordered Treasury officials to work on plans for new taxes that could net £10bn as Brits buckle under the strain of the cost of living crisis

The Guardian - UK

Rishi Sunak reportedly considering windfall tax on electricity generators

Levy could be extended beyond oil and gas producers to help households in cost of living crisis

Wales Online

31 energy companies beg PM not to hit them with a windfall tax

There are calls for a one-off tax on companies making billions of pounds a month to help families unable to afford gas and electricity

The Times of India

‘Crown of UP’, but Noida can’t fix its power supply problems

NOIDA: Residents across the city were left without electricity for hours, some for half a day, after a bout of heavy rain and thunderstorm triggered outages that to this day hobble Noida, which the state showcases as its economic mascot.

Benzinga

Gold Production Releases Five Times More Greenhouse Gases Into The Air Than Bitcoin Mining

If you were to ask 100 people what is worse for the environment, Gold or Bitcoin, I would not be surprised if the majority said Bitcoin. However, they would be very wrong. Bitcoin and the energy crisis

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