Archive for the 'Energy' Category

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France to Restart All Nuclear Reactors by Winter Amid Energy Crunch

September 7th, 2022

Via: France24: France’s minister for energy transition said on September 2 that French electricity giant EDF has committed to restart all its nuclear reactors by this winter to help the country through the broad energy crisis aggravated by the war in Ukraine.

Russia Admits Weaponization Of Gas, Halts NS1 Shipments “Until Sanctions Lifted”

September 6th, 2022

Via: ZeroHedge: Putin is done playing around. Two days after Russia indefinitely halted nat gas supplies via the Nord Stream 1 pipeline for the amusing reason that there was an “oil leak” (shown below) on Monday Russia finally admitted what everyone has known since February – namely that it has weaponized commodities in response to […]

Power Company Seizes Control of Thermostats in Colorado During Heatwave

September 2nd, 2022

Via: Summit News: Around 22,000 households in Colorado lost the ability to control their thermostats after the power company seized control of them during a heatwave. After temperatures soared past 90 degrees, residents were left confused when they tried to adjust their air conditioning and found locked controls displaying a message that said “energy emergency.” […]

California Asks Residents Not to Charge Electric Vehicles, Days After Announcing Gas Car Ban

August 31st, 2022

Via: WTVO: With California’s power grid under strain due to extreme heat and high demand, the grid operator is asking residents to avoid charging their electric vehicles. This comes days after the state announced a plan to ban the sale of gas-powered cars by 2035.

EU Plans Emergency Intervention to Stem Surging Power Prices

August 29th, 2022

Via: Bloomberg: The unprecedented spike in power prices, which have soared almost 10-fold in the past year, has fueled inflation and dramatically increased the economic burden on businesses and households recovering from the pandemic. More and more member states are calling for a price cap and the Czech Republic, which holds the rotating presidency of […]

Polish Homeowners Line Up For Days To Buy Coal Ahead Of Winter

August 29th, 2022

Via: ZeroHedge: In Poland, where coal is king, dozens are lining up at the Lubelski Wegiel Bogdanka coal mine, waiting for days and nights to stock up on heating fuel. Read more: https://t.co/jVGwSEfLam pic.twitter.com/zZV3vtzEQk — Reuters Business (@ReutersBiz) August 27, 2022 According to Reuters, with Poland still basking in the late summer heat, hundreds of […]

Reuters: “Forget Showering, It’s Eat or Heat for Shocked Europeans Hit by Energy Crisis”

August 26th, 2022

Via: Reuters: The benchmark European gas price has soared 550% in the past 12 months. The cost of energy for British consumers will rise by 80% from October, regulator Ofgem said on Friday, taking average annual household bills to 3,549 pounds ($4,188). … This winter, Britons will spend an average 10% of their household income […]

California to Approve 2035 Ban on Gas-Powered Car Sales

August 24th, 2022

Via: The Hill: California is expected on Thursday to approve a ban on the sale of new gas-powered cars that would begin in 2035. The state’s Air Resources Board on Thursday will vote on the ban, which would also ratchet up the percentage of vehicles sold in the state that are electric leading up to […]

20 Million US Homes Are Behind On Power Bills

August 24th, 2022

Via: ZeroHedge: At least 20 million households — or about 1 in 6 American homes — are behind on their power bills as soaring electricity prices spark what is said to be the worst-ever crisis in late utility payments, according to Bloomberg, citing data from the National Energy Assistance Directors Association (Neada). Neada said electricity […]

Japan: More Nuclear Power

August 24th, 2022

So it goes… Via: ZeroHedge: Following the Fukushima disaster in 2011, nuclear power fell out of favor in Japan. But with global energy markets in turmoil and electricity bills skyrocketing, Prime Minister Fumio Kishida is revisiting the debate over nuclear and perhaps the need to increase investments in next-generation power plants. FT reported Kishida had […]

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