UK Could See Gas Prices As High As $1250 Per MWh
The UK’s gas crisis comes as part of a bigger natural gas phenomenon taking place worldwide, as prices skyrocket and firms do not know to respond. With Europe and North Continue Reading
Hydro-Québec wins multibillion-dollar contract to deliver power to New York City
Hydro-Québec has won a multibillion-dollar contract to deliver power into the heart of New York City, in a deal that helps cement the provincially owned corporation as a key supplier Continue Reading
Analysis: Europe’s power firms locked out of record price bonanza
Several European power firms have been shut out of bumper revenues from record-high gas and electricity prices as their sales are largely locked in at lower prices, and face extra Continue Reading
Power outages from Nicholas disrupt energy production, vessel activity
Hurricane Nicholas on Tuesday took another swipe at U.S. Gulf Coast energy facilities, cutting offshore oil and gas output gradually recovering from the last storm and disrupting power to onshore Continue Reading
Fire at Key U.K. Power Converter Knocks Out Link to France
A large fire at a key electricity converter station in the U.K. has shut down a major cable that brings power from France, worsening Britain’s energy crunch. Gas and power Continue Reading
Protests Break Out in Europe As Electricity Prices Soar
Depleted natural gas inventories and low wind speeds have led to a surge in electricity prices across Europe, putting pressure on governments as consumers protest against surging power bills ahead Continue Reading
Illinois legislature edges toward saving two nuclear power plants
The Illinois legislature on Thursday edged closer to approving a deal that would save two Exelon Corp nuclear power plants from closing beginning on Monday after the House speaker announced Continue Reading
The U.S. Power Grid Is At Risk Of Catastrophic Failure
Future electricity systems must be made more resilient Prolonged blackouts in Louisiana following Hurricane Ida are a reminder the power grid needs to become more resilient as well as reliable Continue Reading
After Hurricane Ida, California wildfires, debate over putting electric lines underground resurfaces
Hurricane Ida plunged more than 1 million customers on the Gulf Coast into darkness, and then knocked out power to another 200,000 in the Northeast on Wednesday night. The chief Continue Reading
Power to be restored to New Orleans by middle of next week
Power should be restored to New Orleans by the middle of next week, utility officials said Friday, and sheriff’s deputies warned people returning to communities outside the city to come Continue Reading