Web Search Results

Ukraine war latest: Nato ‘waiting for Trump’ over key decision

At least 314 Ukrainian children taken to Russia in early months of war, report says Moscow’s troops have been capturing village after village in Ukraine’s east, part of a drive to seize the industrial Donbas region, while Russian airstrikes target a hobbled Ukrainian energy grid as winter sets in.David Lammy was in Brussels for a meeting of the alliance’s foreign ministers when he said “the time to act is now” – although the Government is yet to set out its own plans for increasing spending on defence to 2.5% of gross domestic product.“In the United Kingdom, we are at 2.3%, heading to 2.5% as soon as we can get there, and we urge all allies across the Nato family to get serious about defence spending.Ukraine Russia war latest news updates

Ofgem Approves £2 Billion Subsea Cable to Slash UK Energy Bills | OilPrice.com

The UK government has approved a £2 billion subsea cable project to transport clean energy from North Sea wind farms, boosting energy security and reducing consumer bills. The UK government has approved a £2 billion subsea cable project (Eastern Green Link 1) to transport electricity generated from North Sea wind farms. The project is expected to bolster the UK's energy security, reduce customer bills by £870 million per year, and support the UK's 2030 carbon-neutral goal.Ofgem's fast-track funding process has enabled swift project delivery, ensuring customers can benefit from clean, affordable energy sooner. A £2bn subsea and underground cable which will power millions of UK homes has received final funding approval today.The National Energy System Operator (NESO) flagged the EGL1 as essential to the UK’s 20030 clean energy goals, as it will transport electricity generated from North Sea wind farms from East Lothian to Country Durham.The approval of EGL1 adheres with government policies aiming to reach a carbon-neutral power system by 2030, which has pushed demand for clean energy projects across the UK.

2 No-Brainer Energy Stocks to Buy to Cash in on the Coming Power Surge

The U.S. power sector is at an inflection point. After barely growing over the last 20 years, electricity demand in the country is on track to surge over the next two decades. Few companies are in a better position to capitalize on the expected surge in U.S. power demand than NextEra Energy ... While it has a global platform, Brookfield has a heavy presence in the U.S. after acquiring several renewable energy developers in recent years. It agreed to invest up to $2 billion into Scout Clean Energy and Standard Solar in 2022 and bought Duke Energy's commercial renewable energy platform for $1.1 billion in 2023.The Motley Fool recommends Brookfield Renewable, Brookfield Renewable Partners, and Duke Energy and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 2 No-Brainer Energy Stocks to Buy to Cash in on the Coming Power Surge was originally published by The Motley FoolThe U.S. power sector is at an inflection point. After barely growing over the last 20 years, electricity demand in the country is on track to surge over the next two decades. Few companies are in a better position to capitalize on the expected surge in U.S. power demand than NextEra Energy (NYSE: NEE) and Brookfield Renewable (NYSE: BEPC)(NYSE: BEP).The U.S. power sector is at an inflection point. After barely growing over the last 20 years, electricity demand in the country is on track to surge over the next two decades. That should power explosive growth in renewable energy.

Ukraine fights to keep the lights on as Russia hammers power plants

As a brutal winter looms, Russia is once again targeting power plants - forcing Ukrainians to adapt. On Monday, DTEK, Ukraine’s largest private energy company, said it had received £89m ($113m) from the European Commission and US government to help restore capacity and protect vital equipment from snow, rain and sub-zero temperatures.On Thursday, Moscow mounted its second mass attack on Ukraine’s energy infrastructure in less than two weeks.Ten such attacks this year have placed an enormous burden on the entire energy system."Some are defending the frontlines on the battlefield," he tells us. "We have our own energy front to defend."

UK Energy Regulator Ofgem Approves £2 Billion Wind Power Link

UK energy regulator Ofgem gave the green light to a £2 billion funding package to build a proposed high-voltage electricity “superhighway” under the North Sea. The project, called Eastern Green Link 1, requires the laying of 196 kilometers (122 miles) of cables to transport wind energy from Scotland to northern England, the energy watchdog said in a statement. It could power up to 2 million homes.

Energy bills to rise for most Britons after 1.2% price cap rise | Reuters

Millions of British households will see energy bills tick up in January after regulator Ofgem said it would increase its domestic price cap by 1.2% from January as volatile wholesale energy markets kept prices high. LONDON, Nov 22 (Reuters) - Millions of British households will see energy bills tick up in January after regulator Ofgem said it would increase its domestic price cap by 1.2% from January as volatile wholesale energy markets kept prices high.The rise, though small, adds to cost of living concerns after British inflation accelerated by more than expected last month to move back above the Bank of England's 2% target, driven largely by a 10% increase in the energy price cap in October.Energy secretary Ed Miliband said the rise would be a concern for families struggling with the cost of living and said the government was working to cut the country’s reliance on global fossil fuel markets to reduce energy prices. Wholesale gas and power prices are a major part of the formula Ofgem uses to calculate the price cap. Prices have remained high this year due to concerns over supply relating to conflict in the Middle East and flows to Europe from Russia via Ukraine which are expected to cease at the end of the year. Ofgem's new cap of 1,738 pounds ($2,182) a year for average use of electricity and gas is up 21 pounds, or 1.2%, from 1,717 pounds under the previous cap.Miliband said the government is providing its Warm Home Discount support to three million families and working with energy suppliers to ensure there is help available.

Secretary of Energy Jennifer Granholm on 2nd Trump presidency, criticisms of U.N. climate summit

Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. Tue, November 19, 2024 at 2:29 PM UTC · Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change.The conversation took place before the president-elect made his pick for energy secretary.

Here Are My Top 2 High-Yield Energy Stocks to Buy Now

High-yield energy stocks can provide diversification to your portfolio. Both Enbridge (NYSE: ENB) and Black Hills (NYSE: BKH) allow you to focus on long-term dividend payers with high yields while avoiding direct exposure to oil and natural gas. The oil and gas industry is largely broken down ... Here Are My Top 2 High-Yield Energy Stocks to Buy Now was originally published by The Motley FoolHigh-yield energy stocks can provide diversification to your portfolio. Both Enbridge (NYSE: ENB) and Black Hills (NYSE: BKH) allow you to focus on long-term dividend payers with high yields while avoiding direct exposure to oil and natural gas. The oil and gas industry is largely broken down into three segments.High-yield energy stocks can provide diversification to your portfolio. But if you pick the right high-yielders, they can also offer stability -- you just have to avoid the segments of the energy sector known for massive, commodity-driven price swings.The midstream (pipelines), however, is different. The companies here basically help transport oil and natural gas, and the products into which they get turned, around the world. They own energy infrastructure and simply charge upstream and downstream companies fees for the use of those vital energy assets.

UK inflation: Higher energy bills push rate to 2.3% in October

Higher inflation pushes up the cost of living for households, and could mean that interest rates remain higher for longer. A rise in energy bills has pushed UK inflation to its highest rate for six months. The inflation rate, which measures price changes over time, rose by more than expected to 2.3% in the year to October, up from 1.7% in September.It comes as other help for those struggling to pay energy bills has been scaled back.Although there has been a jump in electricity and gas costs, energy prices are still lower than last winter and the winter before.People using a typical amount of gas and electricity are currently paying £1,717 under the energy price cap, which is set by the regulator Ofgem.

Port Vale: Darren Moore feels the energy from Vale Park crowd - BBC Sport

Port Vale boss Darren Moore says "this is how I want to see Vale Park" after a bouncing local derby atmosphere against Crewe Alexandra. "When we went down to 10 men, you could feel the energy coming from the crowd," said Moore. "But it works both ways. The Vale fans saw a spirited effort.