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The Latest Breaking News from Electricity

Victoria to demand governments set completion dates for energy transmission projects

State energy minister, Lily D’Ambrosio, says investors need confidence electricity grid will be ready for renewables

The Guardian - AU

Dubai Advances in Doubling Financial Market in Wake of DEWA, TECOM’s Successful IPOs

Dubai prepares to list more government and semi-government companies on the Dubai Financial Market (DFM). This decision is driven by the great success achieved by listing the Dubai Electricity and Water Authority (DEWA) in April, as well as the successful IPO of TECOM Group, a subsidiary of Dubai Holding, and…

Asharq Al-Awsat

Gulf Electric Interconnection Ensures 100% Power Supply

Gulf officials in the electricity sector said the Gulf Electricity Interconnection Project achieved its most important strategic objectives in enhancing energy security and raising reliability and safety for Gulf electrical systems. The project prevented any power outages, ensuring a 100 percent power supply and achieving economic savings for the Gulf…

Asharq Al-Awsat

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TV change, kettle trick and the other ways you could save big on your energy bill next month

Dr Tara Shine, the director of Change by Degrees has said that we can all take steps to change

Irish Mirror

Rogue landlord who rented out flats without hot water or lighting hit with £20,000 fine

Demetirous Georgiou defied an emergency order banning him from renting out the property due to its poor state

Manchester Evening News

Japan's June flames out with record heat, but power crunch averted

Japan's electricity grid creaked on Thursday under the strain of Tokyo's hottest June since records began, but a power crunch that could have deprived tens of millions of electricity was narrowly averted and authorities prepared to lift warnings.

Reuters

Net zero nuance: commentary on decarbonising the grid misses the mark on batteries and nuclear

One claim from the past week is based on a nuclear plant that hasn’t been built and another confuses the role of battery storage

The Guardian - AU

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Newcastle in 'Sydney ring' in AEMO roadmap out of energy gridlock

"It cannot offer quick fixes, but it does offer a clear and transparent roadmap through to 2030, and then to 2040 and 2050," Australian Energy Market Operator CEO Daniel Westerman said.

Newcastle Herald

Why SunPower Shares Are Trading Lower Today

Wells Fargo analyst Michael Blum initiated coverage of SunPower Corp (NASDAQ:SPWR) with an Underweight rating and a price target of $17. SPWR is a pure-play residential solar provider with over 444K customers. The analyst mentions that SPWR's largely new management team has pivoted its focus to customer service, with plans to increase offerings and…

Benzinga

AEMO calls for urgent investment in key projects to shore up electricity supply

More than $12 billion of investment in new transmission lines should begin "as urgently as possible" to ensure electricity supply is secure in the coming decade, according to the Australian Energy Market Operator.

ABC News

Kraft Heinz Inks Power Purchase Pact With Berkshire Hathaway Energy Business

Kraft Heinz Co (NASDAQ:KHC) has signed a virtual power purchase agreement with BHE Renewables, a Berkshire Hathaway Inc (NYSE: BRK-A) Energy business. Under the agreement, BHE will provide power from renewables to Kraft Heinz's operations within the U.S. The facilitation is part of Kraft Heinz's aim to procure most of its electricity from renewable sources…

Benzinga

Governor has a plan to keep the lights on in California — using fossil fuels

A controversial plan from Gov. Gavin Newsom would reshape how business is done on the California power grid, potentially helping to extend the life of beachfront gas plants and the Diablo Canyon nuclear plant, making it easier for solar and wind farm developers to sidestep local government opposition, and limiting…

Los Angeles Times

Power saving urged again to avert crunch

The Economy, Trade and Industry Ministry on Wednesday maintained its power crunch warning for the area served by Tokyo Electric Power Company Holdings, Inc., and decided to continue it Thursday.

The Japan News/Yomiuri

Energy bills will not rise on back of £20bn electricity upgrade, says Ofgem

Plan for Great Britain’s regional networks includes improving supply resilience in extreme weather

The Guardian - UK

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Reuters

Crunch time for power grid as Japan's heatwave gets even hotter

Japan braced on Wednesday for its hottest day yet of a record-breaking heatwave, as Prime Minister Fumio Kishida called for a ramp-up of nuclear power use amid fears of a shortage of electricity to keep air conditioners whirring.

The Times of India

Vadodara: Woman kills 6-yr-old son to meet her lover

VADODARA: A woman allegedly killed her six-year-old son in Savli taluka and dumped the body near an electricity pole in the field to make it look like an accident. On Tuesday, Savli police arrested the woman Sumitra Baria and her paramour Kishan Raval.

The Times of India

Mumbai: BMC cut power & water but building got 'repairable' report

MUMBAI: The Naik Nagar housing society, which was constructed in 1975 on collector's land, was first served a notice by the BMC for repairs in 2013. In 2016, the BMC even disconnected water and electricity to the society but the residents refused to vacate it. They got a structural auditor…

Bangkok Post

ERC preps for waste-to-energy auction

The Energy Regulatory Commission (ERC) expects to grant permission for the second phase of waste-to-energy projects via an auction next month after completing the investment criteria.

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Manchester Evening News

You could soon get paid to use your oven and washing machine at different time of day

Households across the UK may soon be offered money to not use their appliances at peak hours

Liverpool Echo

British Gas offering households £1,500 off energy bills from next month

Some households are finding it difficult not to fall into debt

Daily Mirror

Your energy bills could soar EVEN higher to cover costs of collapsed Bulb Energy

Business Secretary Kwasi Kwarteng could not say if the £1bn-a-year cost will be met by a private buyer for the firm, the Treasury - or millions of British customers' energy bills

Birmingham Post

Bristol investment firm crowdfunding £5m for renewable energy projects

Thrive Renewables has supported projects such as England’s tallest onshore wind turbine and the UK's first commercial deep geothermal electricity generation plant in Cornwall

Benzinga

Kraft Heinz Procures Wind Energy From Repsol

Kraft Heinz Co (NASDAQ:KHC) has signed a power purchase agreement with the Madrid-based energy company Repsol S.A. (OTC:REPYY). The financial terms were not disclosed. The twelve-year agreement is the company’s first investment in wind energy and aligns with its vision of sourcing a major part of its electricity from renewable sources by 2025. Kraft Heinz…

AAP

SA company fined over power rules breach

A Federal Court judge has ordered the operator of South Australia's Tesla big battery to pay a $900,000 fine over breaches of the national electricity rules.

Asharq Al-Awsat

Tokyo June Heatwave Worst Since 1875 as Power Supply Creaks under Strain

Japan baked under scorching temperatures for a fourth successive day on Tuesday, as the capital's heat broke nearly 150-year-old records for June and authorities warned power supply remained tight enough to raise the specter of cuts. The heatwave comes less than two weeks before a national election in which prices,…

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