Surprise BOJ move will help ease Japan’s mounting energy crisis
The Bank of Japan’s latest policy shock will provide some relief to the nation’s energy crisis, helping to cut the cost to procure fuel from overseas.
electricity
‘What’s your message to Aberdeen offshore workers?’ GMB asks Labour of energy policy
The GMB Union has posed questions to Labour on its UK energy policy, including the message for thousands of offshore workers in Aberdeen and north-east England who would be impacted.
PM’s plan needs to do more to decouple gas from electricity prices
Liz Truss’ energy plan is a “sticking plaster”, an expert has said, with more focus needed to decouple gas from electricity generation prices.
The Australian energy crisis highlights need for new gas supply
Australian east coast energy prices skyrocketed earlier this year as a winter cold snap sent gas, coal, and electricity to record-highs, triggering price caps at A$40/Gigajoule (US$27/Million British Thermal Units), around 400% above the normal A$8-10/GJ price range.
Newly elected Philippines President eyes renewables and nuclear as LNG prices soar
Newly elected President Ferdinand Marcos Jr reiterated his support for more renewable energy, as well as nuclear power, and natural gas, in the Philippines, one of Southeast Asia’s fastest growing economies. The news comes as plans to import maiden liquefied natural gas (LNG) cargoes into the country have stuttered due to surging global prices.
Seven out of 10 Scots worried about energy price hikes
Seven out of 10 Scots are worried about rising energy costs, research has found.
Early freeze across China adds to the nation’s energy crisis
Plunging temperatures across parts of China have sparked an early start to the winter heating season, likely lifting power demand and intensifying the nation’s energy crisis.
Boris Johnson sets sights on UK electricity being 100% green by 2035
Boris Johnson has said he wants all of the UK's electricity to come from green energy sources by 2035 to tackle the climate crisis and end the nation's dependency on imported fossil fuels.
It’s August – Conspiracy theory time
Usually at this time of year with Parliaments in recess the news is a little thin on the ground so journalists, broadcasters and columnists like me are required to exercise our imagination a little more. Some turn to creating conspiracy theories. I am going to provide you with some ammunition so you can create your own.
Grid on track for zero-carbon electricity periods by 2025, operator says
The British grid is set to see periods where it is powered free of fossil fuels and with 100% zero-carbon electricity in just four years' time, the operator has said.
Coal use set to surge in India despite renewables boom
Coal-fired power generation is projected to surge in India as the expanding wave of renewable energy capacity cannot keep up with electrification growth in the South Asian country, home to the world’s second biggest population.
IEA sees $1.4 trillion clean energy opportunity in India
India is set for the largest increase in energy demand of any country over the next 20 years. This underscores the potential for policies and investment to accelerate the clean energy transition, the International Energy Agency (IEA) said in a new report.
Covid-19 may stunt electricity demand for years
Electricity demand is unlikely to return to normal levels even after the development of a coronavirus vaccine, according to a new report by scientists from Columbia University.
Energy bills set to drop by up to £95 as Ofgem cuts price cap
Ofgem has said it will slash bills for around 15 million households by as much as £95 as the regulator reduced its cap on energy bills to their lowest level yet.
UK needs ‘immediate action’ to hit 2050 net-zero target, report says
Immediate action is required for Britain to reach net-zero carbon emissions by 2050, according to a report by the country's electricity system operator.
Sonatrach extends gas deal with Tunisia
Algeria’s Sonatrach has signed a deal with Societe Tunisienne de l'Electricite et du Gaz (STEG) extending gas supplies.
Thousands of households paid to use electricity during sunny weather
Thousands of households across Britain were paid to use electricity on Tuesday as sunny weather and fresh winds coupled with low demand.
Three energy firms pay £10.5m over August power cuts – what can we learn?
Ofgem has published its report on the electricity disruption which occurred on the 09 August 2019 resulting in supply being lost to over one million customers for a total period of 45 minutes.
Extreme heat propels electricity demand in Texas to all-time high
An extreme heat that propelled electricity demand in Texas to an all-time high and sent power prices surging to a record on Monday afternoon is threatening to do it all over again Tuesday.
How Norway’s rain and snow will soon be powering UK homes with Green energy
Water flowing from mountains to fjords in Norway will soon be helping power British homes, as the world's longest "interconnector" hooks up the two countries' grids.
Brexit delays leave UK at risk of higher power prices
Some projects to develop new power cables between the U.K. and France are on hold because of uncertainties related to Brexit, throwing into question the delivery of infrastructure intended to reduce electricity costs in the U.K.
Shetland to Caithness subsea electricity link given provisional approval
Plans for a subsea electricity cable linking Shetland to the mainland have been provisionally approved by the energy regulator.
Customer satisfaction with energy companies falls two years running
Overall satisfaction with energy suppliers has fallen for the second year running after customers were battered by price rises and nine small firms collapsed, according to a survey.
UK Gov stumps up £20m to crack electricity storage challenge
A £20 million competition has been launched to give a boost to innovative ways of storing electricity, the Government has said.
Power-generating treadmills heading for your gym
As scientists seek more ways to harness nature’s power to produce renewable energy, there’s one energy source burned naturally every day that isn’t being harnessed: calories.