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The Latest Breaking News from Energy

Granholm sees ‘tough summer’ for US drivers as fuel demand rises

WASHINGTON — Energy Secretary Jennifer Granholm warned U.S. drivers against expecting quick relief on gasoline prices amid tight oil supplies worldwide.

Tribune News Service

Experts reject 'reheated' energy blueprint

A 'reheated' proposal by regulators to pay coal plants and renewable generators to guarantee supply to the struggling electricity grid has come under fire.

AAP

WA forges ahead with renewables transition as other states face energy crisis

Power has been a hot topic in Australia this week, although for starkly different reasons depending on which side of the country you're on. But what does it all mean for West Australians?

ABC News

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Importance of EVs touted by minister

Electric vehicles (EV) are expected to transform Thailand's automotive industry in five years and are instrumental in driving Thailand to become an EV hub in Asia during that period, says Energy Minister Supattanapong Punmeechaow.

Bangkok Post

NSW Energy Minister Matt Kean granted temporary emergency powers to force coal to electricity generators

NSW Energy Minister Matt Kean says the temporary powers are part of a "toolkit" in case he needs to act to secure the state's energy supply.

ABC News

Vic has 'more than enough' power reserves

Victoria's energy minister says authorities have been assured the state has more than sufficient power in its reserves.

AAP

Sydney news: NSW Energy Minister Matt Kean granted emergency powers to direct coal to fuel electricity generators

MORNING BRIEFING: The powers, which the NSW Governor granted to Matt Kean on Thursday night, are understand to have been sought as a "precautionary measure" to ensure the state's electricity supply.

ABC News

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'Unlimited resource': NZ's offshore energy revolution

An energy revolution is just taking off in New Zealand, with offshore wind potentially doubling our renewable electricity output in just a few decades.

Newsroom.co.nz

Q+A panellists back Labor's grand plan on rewiring the energy grid but warn 'it won't be easy'

Thursday's Q+A panel was unanimous in its support for Labor's elaborate plan on re-wiring the energy grid and hoped the current crisis would create political will for a massive shift in how the country's energy market works.

ABC News

Grattan on Friday: Everything, it seems, is conspiring to test the Albanese government

On Thursday Anthony Albanese and Energy Minister Chris Bowen formally updated Australia’s international commitment for its proposed climate change action. It’s now a 43% reduction in emissions by 2030, in line with the policy Labor took to the election.

The Conversation

Cooking gas price to rise slowly

The Energy Policy Administration Committee (Epac) has decided to have the price of liquefied petroleum gas (LPG), which is used as household cooking gas, gradually increase over the next three months.

Bangkok Post

As the eastern states face an energy crisis, Victoria may be in a slightly better position. Here's why

Experts say the state's brown coal reserves could provide a "safety net", but ageing power plants and instability from the interconnected national energy market may still pose a threat.

ABC News

Supply tight, but blackouts likely avoided

Anthony Albanese's government is monitoring the energy situation closely to determine what changes need to be made to improve how the market operates.

AAP

Lebanon Extends Licensing Deadline for Gas Exploration

Lebanon’s caretaker energy minister on Wednesday extended the licensing deadline for oil and gas companies to explore in the country’s territorial waters until mid-December, to give more firms the chance to bid, state-run news agency reported. The decision by the minister, Walid Fayyad, to extended the deadline of the second…

Asharq Al-Awsat

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Bangkok Post

Govt at odds with Bank of Thailand over raising rates

Government leaders are publicly making a case for keeping interest rates lower for longer, a call that is putting them at odds with the nation’s monetary policy makers who are keen to raise borrowing costs sooner to keep inflation from overheating.

ABC News

SA Energy Minister Tom Koutsantonis says blackouts unlikely, but system is broken

South Australia's energy minister says the national energy market is "broken" but it's "unlikely" the state will suffer any blackouts after warnings of power uncertainty across Australia.

Bangkok Post

New energy subsidy being devised

The Energy Ministry will aim to cap the retail price of diesel at no more than 35 baht per litre until the end of this month as it waits for new energy price subsidy measures to be approved, permanent secretary for energy Kulit Sombatsiri said on Tuesday.

Reason

Joe Biden Is Coming for Your Gas Furnace

A new proposed regulation from the Department of Energy would effectively require homeowners to shift to more expensive, more efficient condensing gas furnaces.

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Asharq Al-Awsat

Lebanon Preparing to Offer Compromise on Maritime Spat with Israel, Officials Say

Lebanon is preparing to offer a compromise to US energy envoy Amos Hochstein to resolve a dispute with Israel over maritime gas resources, three Lebanese officials with knowledge of the negotiations told Reuters. Hochstein landed in Beirut on Monday at the invitation of the Lebanese government, which had objected to…

ABC News

Synergy coal power stations including Muja to close as WA Government prioritises renewable energy

Western Australia's government calls time on its involvement in coal power, declaring the state will exit the market before 2030 and plough billions of dollars into renewable energy and storage.

Newcastle Herald

NSW energy outages possible tonight as prices soar

The operator warned on Tuesday that NSW could face blackouts from between 5.30pm and 9pm.

AAP

NSW energy outages possible as prices soar

NSW could face blackouts on Tuesday evening as the cold affects electricity supplies and the energy minister admits the sector is facing huge challenges.

The New Daily

Bowen faces calls to slug gas companies with windfall profits tax

The Albanese government is facing renewed calls to introduce a windfall profits tax on the mostly foreign-owned gas industry.

Reuters

Bulgarian foreign, energy ministers quit, deepening coalition crisis

Bulgaria's foreign and energy ministers resigned on Monday after their party, the populist ITN, quit the governing coalition last week, compounding the Balkan country's political crisis.

The Hindu

Andhra Pradesh: BEE ropes in CII in preparing energy efficiency action plan

Target is to achieve 45% reduction in energy intensity by 2030, says official

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