Category Archives: Energy

Australia news live updates: weather warnings stretch from NSW mid-north coast to Victoria border; ‘rain bomb’ set to cost Queensland billions

Posted on by

Severe weather to affect coastal areas from Coffs Harbour to Bega; Queensland estimates ‘rain bomb’ will cost state more than $4bn; two NSW residents among Japanese encephalitis patients in Victoria; ADF defends NSW flood response; PM speaks on east coast floods, Ukraine crisis; nation records at least 32 Covid deaths with 23 in South Australia. Follow all the day’s news

As expected, AGL Energy has formally rejected the takeover bid by billionaire Mike Cannon-Brookes and Canadian asset manager Brookfield, posting an ASX statement this morning.

AGL, the country’s largest electricity generator, received a revised bid late on Friday, offering $8.25 a share, up from an initial unsolicited bid of $7.50 a share.

Continue reading...

Ukraine’s Zaporizhzhia nuclear plant seized by Russians after shelling, say authorities

Posted on by

Overnight shelling at plant sparked fire that prompted Volodymyr Zelenskiy to issue stark warning

Ukraine’s Zaporizhzhia nuclear plant has been seized by Russian military forces, according to regional authorities, after a fire sparked by overnight shelling burned for several hours at the largest facility of its kind in Europe.

The Ukrainian state inspectorate for nuclear regulation said in a statement on its Facebook page the plant had been “captured by the military forces of the Russian Federation”, but added that employees were continuing to work on the premises.

Continue reading...

How can Europe wean itself off Russian gas?

Posted on by

Analysis: whether tapping other suppliers or switching energy sources, there is no quick and easy option to loosen Putin’s economic grip

As Boris Johnson told parliament that Europe must wean itself off Russian gas – to loosen Vladimir Putin’s “grip on western politics” – the Nikolay Zubov tanker was making its way back from British waters to the port of Sabetta, in northern Siberia.

The 300m-long vessel had recently dropped off a consignment of liquefied natural gas (LNG) at the Isle of Grain terminal, in the Thames Estuary, operated by the National Grid.

Continue reading...

Why is Mike Cannon-Brookes trying to buy Australia’s dirtiest energy company? – video explainer

Posted on by

Last week tech billionaire Mike Cannon-Brookes and Canadian asset management company Brookfield launched their extraordinary takeover bid for energy generator and retailer AGL. AGL is Australia's largest energy provider as well as largest polluter. Guardian Australia's environment editor Adam Morton breaks down the elements in the proposal and explains the strategy behind the consortium's offer


Continue reading...

Can Germany function without Vladimir Putin’s gas?

Posted on by

Analysis: Nord Stream 2 was meant to deliver 70% of country’s gas and switch to renewable energy has been slow

The Ukraine crisis has plunged Germany into an intense debate about how it will heat its homes and power its industry in future, summed up in the short question: can Europe’s largest economy function without Vladimir Putin’s gas?

The Green federal economics minister, Robert Habeck, answered with a decisive “yes it can”, a day after the chancellor, Olaf Scholz, announced the suspension of the Nord Stream 2 pipeline, which was meant to deliver from Russia as much as 70% of Germany’s gas requirements. There are considerable doubts as to whether the $11bn project will ever now go ahead.

Continue reading...

Night-time attack on controversial Canadian gas pipeline site

Posted on by

Police release video of attack on workers’ equipment at camp of Coastal GasLink, a 400-mile pipeline opposed by First Nation groups

Police in Canada have released footage of axe wielding attackers as they investigate a “calculated and organised” night-time raid on a remote work camp.

Up to 20 people are believed to have attacked Coastal GasLink’s pipeline construction camp last week on Marten Forest Service Road in British Columbia.

Continue reading...

Black carbon pollution from tourism and research increasing Antarctic snowmelt, study says

Posted on by

Pollution generated by burning fossil fuels causes snow to darken, absorb more solar energy and melt faster

Black carbon pollution from tourism and research activities in Antarctica is likely increasing snowmelt on the continent by an estimated 83 tonnes for each visitor, according to new research.

Scientists have estimated that the black carbon produced by vessels, planes and diesel generators results in 23mm of additional snowmelt each summer in the most frequently visited areas of the ice-covered landmass.

Sign up to receive an email with the top stories from Guardian Australia every morning

Continue reading...

Kenya to use solar panels to boost crops by ‘harvesting the sun twice’

Posted on by

Successful trials found growing crops beneath panels – known as agrivoltaics – reduced water loss and resulted in larger plants

Solar panels are not a new way of providing cheap power across much of the African continent, where there is rarely a shortage of sunshine. But growing crops underneath the panels is, and the process has had such promising trials in Kenya that it will be deployed this week in open-field farms.

Known as agrivoltaics, the technique harvests solar energy twice: where panels have traditionally been used to harness the sun’s rays to generate energy, they are also utilised to provide shade for growing crops, helping to retain moisture in the soil and boosting growth.

Continue reading...

Australia news live updates: Queensland and Victoria to lift mask rules as nation records 33 Covid deaths

Posted on by

Clive Palmer cancels press club appearance; foreign minister condemns Russia’s declaration of Ukranian separatist independence as PM says Russia should ‘step back’; defence responds to China’s claim about laser incident; NSW and Victoria both record 14 Covid deaths, Queensland records five; mask rules lifted in Victoria from midnight Saturday and in Queensland next week. Follow the latest updates live

Jumping back to the Sydney train situation for a moment and the Rail, Tram and Bus Union state secretary, Alex Claassens, is discussing the return of limited train services with ABC News Breakfast:

Apparently, where we ended up late last night was we negotiated an outcome where trains will run today. We finally managed to get the management team to see some common sense and today they will be operating a service roughly around the half-hour to 15-minute mark.

They will then try and improve on that during the day. We will work together as much as we can to try to get as many trains on the tracks as we can, and you can imagine our disappointment yesterday morning when we got up like everybody else in Sydney to realise some genius had made a decision to cancel all of our train services.

Continue reading...

Florence asks residents to pay utility bills of struggling pensioners

Posted on by

Social impact of Italy’s 50% energy price rise is evident in city where 27.6% of the population is over 65

Florence residents are being asked to pay the utility bills of elderly people living alone and struggling to make ends meet as the city’s leaders seek to shield the most vulnerable from soaring energy costs.

The “adopt a bill” initiative begins in the next few days and comes as the social implications of a more than 50% hike in gas and electricity bills in Italy this winter start to manifest.

Continue reading...

Saudi Arabia transfers $80bn in shares to wealth fund for green projects

Posted on by

Crown Prince Mohammed bin Salman said move was part of efforts to recalibrate the oil-led economy

Saudi Arabia has transferred shares worth $80bn to its sovereign wealth fund as the oil-rich nation hopes to rival Norway and Singapore’s state-managed funds and invest in green projects.

Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler, said 4% of shares in Saudi Aramco, the world’s biggest oil exporter, would be transferred to the kingdom’s sovereign wealth fund as part of efforts to recalibrate the oil-dominated economy.

Continue reading...

Nuclear fusion heat record a ‘huge step’ in quest for new energy source

Posted on by

Oxfordshire scientists’ feat raises hopes of using reactions that power sun for low-carbon energy

The prospect of harnessing the power of the stars has moved a step closer to reality after scientists set a new record for the amount of energy released in a sustained fusion reaction.

Researchers at the Joint European Torus (JET), a fusion experiment in Oxfordshire, generated 59 megajoules of heat – equivalent to about 14kg of TNT – during a five-second burst of fusion, more than doubling the previous record of 21.7 megajoules set in 1997 by the same facility.

Continue reading...

Can bitcoin be sustainable? Inside the Norwegian mine that also dries wood

Posted on by

Kryptovault’s operation is part of a fightback against criticism of the famously energy-intensive industry

A line of large blue skips full of chopped wood sit at the back of a site belonging to Norway’s biggest bitcoin mining operation, a 5,000 sq metre warehouse on the outskirts of Hønefoss, a small town 40 miles west of Oslo.

Hot air is being pumped into the 12 skips through bendy corrugated pipes curling out from the warehouse. Despite the snow, it will take a few days for the logs to be dried out, after which a local lumberjack, grateful for the free service, will take them away for sale.

Continue reading...

West accused of ‘climate hypocrisy’ as emissions dwarf those of poor countries

Posted on by

Average Briton produces more carbon in two days than Congolese person does in entire year, study finds

In the first two days of January, the average Briton was already responsible for more carbon dioxide emissions than someone from the Democratic Republic of the Congo would produce in an entire year, according to analysis by the Center for Global Development (CGD).

The study, which highlights the “vast energy inequality” between rich and poor countries, found that each Briton produces 200 times the climate emissions of the average Congolese person, with people in the US producing 585 times as much. By the end of January, the carbon emitted by someone living in the UK will surpass the annual emissions of citizens of 30 low- and middle-income countries, it found.

Continue reading...

China’s coal production hit record levels in 2021

Posted on by

In blow to climate campaigners, state encourages miners to ramp up output to avert winter gas crisis

China’s coal production reached record levels last year as the state encouraged miners to ramp up their fossil fuel output to safeguard the country’s energy supplies through the winter gas crisis.

The world’s biggest coal producer and consumer mined 384.67m tonnes of the fossil fuel last month, easily topping its previous record of 370.84m tonnes set in November, after the government called for miners to work at maximum capacity to help fuel the country’s economic growth.

Continue reading...

Global surge in electricity use could bring three more years of price rises

Posted on by

International Energy Agency says pollution from power generation will worsen until alternatives are found

The global surge in demand for energy could spark another three years of market volatility and record power plant pollution unless countries make major changes to how they generate electricity, the world’s energy watchdog has warned.

The International Energy Agency recorded the steepest ever increase in electricity demand last year, which triggered blackouts in major economies and led to historic energy price highs and record emissions.

Continue reading...

Fury as EU moves ahead with plans to label gas and nuclear as ‘green’

Posted on by

Brussels faces backlash and charges of greenwashing after publishing draft proposals on New Year’s Eve

The European Commission is facing a furious backlash over plans to allow gas and nuclear to be labelled as “green” investments, as Germany’s economy minister led the charge against “greenwashing”.

The EU executive was accused of trying to bury the proposals by releasing long-delayed technical rules on its green investment guidebook to diplomats on New Year’s Eve, hours before a deadline expired.

Continue reading...

Nord Stream 2: how Putin’s pipeline paralysed the west

Posted on by

Gazprom’s $11bn project to deliver gas from Russia to Germany seems impossible to abandon and impossible to carry forward

The saga of Nord Stream 2, the gas pipeline between Russia and Germany running along the Baltic seabed, has been stuck so long it has been likened to a suitcase at an airport without a handle – impossible to abandon, and impossible to carry forward. Most of the original cast of characters – Jean-Claude Juncker, Angela Merkel, Matteo Renzi, David Cameron, Petro Poroshenko – have left the political stage. Only one politician has survived the entire story: Vladimir Putin, the Russian President, and the master of divide and rule.

First announced in 2015, the $11bn (£8.3bn) pipeline owned by Russia’s state-backed energy giant Gazprom has been built to carry gas from western Siberia, doubling the existing capacity of the Nord Stream 1 pipeline and keeping 26m German homes warm at an affordable price.

Continue reading...

Kremlin denies restricting gas supplies to Europe for political gain

Posted on by

European gas prices climb close to record highs as flows on key pipeline move towards Russia

The Kremlin has denied using Russia’s gas resources to turn the screw on Europe, after gas in a pipeline to Germany switched direction to flow eastwards for a second day, keeping prices near record highs as midwinter approaches.

Flows through the Yamal-Europe pipeline to Germany declined over the weekend before stopping on Tuesday and reversing, data from the network operator Gascade showed.

Continue reading...

EU in row over inclusion of gas and nuclear in sustainability guidance

Posted on by

Activists including Greta Thunberg criticise ‘fake climate action’ in response to planned investment taxonomy

The European Commission is facing a backlash from Greta Thunberg and fellow climate activists over plans to include gas and nuclear energy in a “green” investment guidebook.

Both energy sources are expected to feature in the next part of the EU’s “taxonomy for sustainable activities”, which is expected at the end of the year, following a period of intense political bargaining between the commission president, Ursula von der Leyen; the French president, Emmanuel Macron; and Germany’s new chancellor, Olaf Scholz.

Continue reading...