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The Latest Breaking News from Energy

SET-listed UAC Global, a chemical and renewable energy firm, has postponed the commercial operation of its biogas-fired power plant in Khon Kaen until the second half of this year because of lengthy bureaucratic procedures.

Bangkok Post

Govt. to set up 29 PSH projects in phases to meet growing demand for power

Their total installed capacity is 33,240 MW; DPRs being prepared for seven of them in first phase

The Hindu

Australia’s largest wheat processor gets $85 million to cut emissions

Wheat processor Manildra will replace coal-fired power to allow the factory to run on natural gas and hydrogen which is expected to cut its emissions by 45 per cent.

ABC News

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Qld govt rules out any coal plant closures

Queensland Energy Minister Mick de Brenni says the government has no plans to close any of the state's eight coal-fired power stations.

AAP

US Department of Energy announces $3.1B in funding for battery production

WASHINGTON — The U.S. Department of Energy announced Monday it would distribute more than $3.1 billion in matching grants for electric vehicle battery manufacturing and processing.

Tribune News Service

Energy chief Granholm touts $3B plan to boost EV batteries

Continuing its push to dramatically boost sales of electric vehicles, the Biden administration has announced $3.1 billion in funding to U.S. companies that make and recycle lithium-ion batteries

The Independent UK

Tunisia’s Dinar Hits Record Low Versus Dollar

Tunisia’s dinar currency has fallen to record lows versus the dollar, driven down by high inflation, a worsening trade deficit and the severe impact of the Ukraine crisis on public finances. It traded at 3.074 against the dollar on Thursday, central bank data showed on Friday. Energy Minister Naila Nouira…

Asharq Al-Awsat

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Ecuador Energy Minister Juan Carlos Bermeo resigns

Ecuador's Energy Minister Juan Carlos Bermeo resigned on Thursday, saying he had "completed a cycle," just as the country begins the process of renegotiating oil block contracts with private companies.

Reuters

Funding pumps up Hunter hydrogen pilot plants

Taxpayer funding for Origin, Orica and others in Newcastle hydrogen studies

Newcastle Herald

Energy Dept OKs expanded LNG exports from Texas, Louisiana

The Energy Department has authorized additional exports of liquefied natural gas, or LNG, from planned terminals in Texas and Louisiana

The Independent UK

Expedite construction of 800-MW units at NTTPS and SDSTPS: Energy Minister

Government prepared to sort out any issue that may be hampering the projects, says Peddireddi

The Hindu

Light bulb rule ensures brighter future, energy chief says

The Biden administration is scrapping old-fashioned incandescent light bulbs

The Independent UK

AGL and NuRock tap into the potential of coal ash recycling

Coal ash is possibly the largest pollution legacy of coal-fired power production in the Hunter yet remarkably it receives relatively little attention in discussions about the region's transition to a clean energy economy.

Newcastle Herald

FTI wants diesel tax cut extended

The Federation of Thai Industries (FTI) is calling on the government to extend the diesel excise tax reduction for another three months to slow soaring energy prices and give businesses and households more time to adjust to higher manufacturing and living costs.

Bangkok Post

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Reuters

Brazil discussing oil output boost with US amid Ukraine crisis - Minister

Washington and Brazil have discussed the South American nation's role in keeping a lid on global crude prices since Russia's invasion of Ukraine, Brazilian Energy Minister Bento Albuquerque told Reuters in an interview on Wednesday.

Axios

Energy Dept. readies to throw its nuclear lifeline

Early closure of financially struggling plants would hobble White House climate goals by taking large amounts of zero-carbon generation offline.

Bangkok Post

Lower diesel subsidy possible by next month

The government may continue with the diesel subsidy programme beyond April to help consumers struggling with inflation, but the subsidy would be limited, according to Energy Minister Supattanapong Punmeechaow.

The Independent UK

Biden launches $6B effort to save distressed nuclear plants

The Biden administration is launching a $6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change

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The Independent UK

Energy shift creates opening for 'world's largest batteries'

A question is hovering over the transition from fossil fuels to cleaner energy such as wind and solar: What happens when the wind doesn't blow or the sun doesn't shine

The Hindu

Power supply situation in A.P. will be normal by May 1, says Energy Minister

‘30 MUs of electricity being procured from exchanges to partly make up for shortage’

The Hindu

Andhra Pradesh: Peddireddi asks officials to restore normalcy in power supply by May 1

The Minister lays stress on making power utilities financially resilient

The Independent UK

Nuclear must be part of UK energy mix, says Labour

The comments come ahead of a visit to Glasgow by Sir Keir Starmer and Scottish Labour leader Anas Sarwar.

Daily Record

Keir Starmer slams SNP over opposition to new nuclear power stations in Scotland

The Labour leader and Anas Sarwar have backed nuclear being part of Scotland's future energy mix.

Investors Business Daily

Profit Is About To Boom More Than 300% At 10 Companies

The earnings season kickoff might be what the S&P 500 needs to shake its malaise. But a profit gusher is coming from a handful of companies.

Reuters

Greek PM warns of populism if Europe fails to tackle energy crisis

Greek Prime Minister Kyriakos Mitsotakis urged Europe on Thursday to quickly find a way to address soaring gas and power prices, which have dented household income, or risk seeing the "forces of populism" reappear on the continent.

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