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July 5, 2022

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Japan’s JERA says it shut down a 500 MW power plant due to fire

Reuters
A view of one of the machines as Japan’s biggest power generator JERA prepares for restart of some aged units while building new units at its Anegasaki gas-fired power station in Chiba, near Tokyo, Japan June 22, 2022. REUTERS/Yuka Obayashi Register now for FREE unlimited access to Reuters.com Register TOKYO,......

Germany in bailout talks with Uniper amid gas crisis

Reuters
First German company to raise alarm over scarce gas, prices Gas stocks lowest since early 2017 Fortum says will help but crisis requires big efforts Works council wants German government to step in FRANKFURT/DUESSELDORF/BERLIN, June 30 (Reuters) – Germany’s Uniper (UN01.DE) is in talks about a possible government bailout as......

U.S. power companies face supply-chain crisis this summer

Reuters
June 29 (Reuters) – U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events such as storms, wildfires and drought are becoming more common in the......

Bank of Italy plays down talk of early Visco exit

Reuters
Ignazio Visco, governor of Bank of Italy, speaks during an event to launch the private finance agenda for the 2020 United Nations Climate Change Conference (COP26) at Guildhall in London, Britain, February 27, 2020. Tolga Akmen/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register ROME, June 28......

Tokyo June heatwave worst since 1875 as power supply creaks under strain

Reuters
TOKYO, June 28 (Reuters) – 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 spectre of cuts. The heatwave comes less than two weeks before a......

France is working on energy contingency plans, says finance minister

Reuters
French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire talks to journalists as he leaves after a working meeting with the French Prime Minister and members of the government at the Hotel Matignon in Paris, France, June 21, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access......

Protests force South Africa’s Eskom to widen power cuts

Reuters
June 24 (Reuters) – South African state power company Eskom said it would be forced to widen electricity cuts onFriday and over the weekend as labour protests linked to deadlocked wage talks disrupt operations. The utility, which has struggled to meet power demand in Africa’s most industrialised nation for over......

Biden administration leans on Tesla for guidance in renewable fuel policy reform

Reuters
June 23 (Reuters) – U.S. President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails......

Power consumption at records in China as Premier issues warning

Reuters
Electricity pylon and powers lines are seen in Nanyang, Henan province, China October 13, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, June 22 (Reuters) – The consumption of electricity in the Chinese provinces of Shandong and Henan reached records this week, primarily driven by......

Philippine tycoon Razon eyes up to $400 mln IPO -sources

Reuters
Enrique Razon, businessman and owner of casino operator Bloomberry Resorts, gestures during an interview by reporters after a stockholders’ meeting in Manila June 24, 2013. REUTERS/Romeo Ranoco Register now for FREE unlimited access to Reuters.com Register MANILA, June 21 (Reuters) – Philippine ports and gaming tycoon Enrique Razon is weighing......

Europe may shift back to coal as Russia turns down gas flows

Reuters
Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to Reuters.com Register Germany may take ‘painful’ move to fire up coal power Italy, Austria also looking at burning more coal......

UK’s Ofgem proposes new rules to protect customers amid soaring energy prices

Reuters
June 20 (Reuters) – Britain’s energy regulator on Monday proposed new measures to protect consumers’ money and prevent energy suppliers from charging high direct debit payments, a move that comes as households struggle to meet soaring energy bills. Regulator Ofgem said its measures were aimed at reducing the risk of......

Australian power crunch eases as coal-fired plants crank up

Reuters
The Liddell coal-fired power station is pictured in the Hunter Valley, north of Sydney, Australia, April 9, 2017. REUTERS/Jason Reed/File Photo Register now for FREE unlimited access to Reuters.com Register MELBOURNE, June 17 (Reuters) – Australian coal-fired generators have brought 1,900 megawatts (MW) of capacity back on line since Wednesday,......

Russian gas flows to Europe fall, hindering bid to refill stores

Reuters
A train moves past oil tanks of the NNK-Primornefteproduct petroleum depot in the far eastern port of Vladivostok, Russia June 11, 2022. REUTERS/Tatiana Meel Register now for FREE unlimited access to Reuters.com Register Nord Stream 1 pipeline capacity down to 40% Europe’s gas price jumps up to 30% after disruption......

How a battery shortage is hampering the U.S. switch to wind, solar power

Reuters
June 9 (Reuters) – U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy. At least a dozen storage projects meant to support growing renewable energy......

Freeport LNG plant blast adds to strain on global supplies

Reuters
HOUSTON, June 9 (Reuters) – Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), will shut for at least three weeks following an explosion at its Texas Gulf Coast facility, raising the risk of shortages especially in Europe. Freeport LNG, which provides around......

Column: Europe’s summer gas prices soften as storage fills early: Kemp

Reuters
Gas valves are seen at Zsana Storage Site in Zsana, Hungary, May 20, 2022. REUTERS/Bernadett Szabo Register now for FREE unlimited access to Reuters.com Register LONDON, June 8 (Reuters) – Europe’s gas inventories are accumulating at a record rate and are now significantly above the ten-year seasonal average as the......

Americans split on nuclear energy as safety worries linger – Reuters/Ipsos poll

Reuters
WASHINGTON, June 6 (Reuters) – Just under half of Americans support nuclear power to generate electricity, a waning industry the Biden administration has been trying to revitalize with billions of dollars in public spending as part of a plan to cut U.S. greenhouse gas emissions, a new Reuters/Ipsos poll showed.......

Texas power use to hit record as temperatures soar

Reuters
Overhead power lines are seen during record-breaking temperatures in Houston, Texas, U.S., February 17, 2021. REUTERS/Adrees Latif Register now for FREE unlimited access to Reuters.com Register June 6 (Reuters) – Power demand in Texas is set to break its all-time record this week, testing the resilience of the grid after......

Texas power use to break all-time high next week

Reuters
Overhead power lines are seen during record-breaking temperatures in Houston, Texas, U.S., February 17, 2021. REUTERS/Adrees Latif//File Photo Register now for FREE unlimited access to Reuters.com Register June 2 (Reuters) – Power demand in Texas will break the all-time high next week as economic growth boosts overall usage and hot......

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