Albertans asked to cut back on electricity use Tuesday night as ‘grid alert’ issued for province

Albertans were asked to reduce their electricity consumption on Tuesday night as the entity responsible for the province’s electrical system issued a “grid alert.” “(Grid alerts are issued) when the power system is under stress and we’re preparing to use emergency reserves to meet demand and maintain system reliability,” the Alberta Electric System Operator said … Read more

Tax & Spend: Ottawa’s bargaining with CRA employees could start a wage-spiral spinning

Employers across the country are grappling with their workers’ demands for raises to compensate for the corrosive effects of surging inflation. Those employers include the Government of Canada, and those workers include the 35,000 employees at the Canada Revenue Agency that are members of the Public Service Alliance of Canada (PSAC) – and whose demands … Read more

Oil prices fall for a second day on concerns for expected recession

Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 26 (Reuters) – Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by … Read more

Sen Joe Manchin energy reform bill could snarl government funding

Senate Majority Leader Chuck Schumer is expected to tee up a vote this week on a short-term funding ​bill to avert a government shutdown — but the process could hit a roadblock in the form of a proposal from Sen. Joe Manchin to speed up energy projects permits. ​Schumer (D-NY) ​is likely to call for … Read more

California’s EV Push Hinges on More Power—and Help From Drivers

California aims to add millions of new electric vehicles in the coming years. Charging them without impairing an aging grid will require more power generation and help from EV drivers. This summer, the state faced the threat of rolling blackouts during an extended heat wave and asked people to avoid charging and using major appliances … Read more

Hochul’s green power scheme may raise New Yorkers’ power costs

The green-energy movement has been very good for Wall Street, and not so good for consumers. Energy prices remain stubbornly high because environmentalists control vast swaths of government on both the federal and state levels mandating inefficient windmills, solar panels and other costly boondoggles. Meanwhile, the Wall Street cash register keeps ringing. Money managers sell … Read more

Could a national energy transition authority allay the fears of communities reliant on fossil fuel industries?

The transition to net zero will be one of Australia’s biggest energy transformations and, for communities dependent on fossil fuel industries, there’s a lot of anxiety and uncertainty about the future. Unions and the Business Council of Australia have joined a growing chorus of voices calling for a national Energy Transition Authority to plan and … Read more

Europe burns cash to help businesses in energy crisis

Register now for FREE unlimited access to Reuters.com Register European gas prices have soared amid Ukraine crisis Utilities face liquidity crunch Germany will ‘do everything possible’ to help firms Russian mobilisation triggers oil price jump BERLIN/LONDON, Sept 21 (Reuters) – Germany nationalised gas importer Uniper (UN01.DE) on Wednesday and Britain said it would halve energy … Read more

New Yorkers at risk of freezing thanks to council bid to kill off National Grid upgrade

This week the New York Public Service Commission is holding public hearings on National Grid’s proposal to add two state-of-the-art, high-efficiency vaporizers to the Greenpoint Energy Center. This will allow us to meet existing customer demand for heat on the coldest days of the year while reducing the facility’s greenhouse-gas emissions. Some progressive City Council … Read more

Tesla Megapack battery caught fire at PG&E substation in California

A Tesla Megapack in Moss Landing, California Andrew Evers | CNBC At least one Tesla Megapack caught fire early Tuesday morning at the energy storage facility operated by utility PG&E in Monterey, California. As of late Tuesday morning, there were no power outages for PG&E customers, nor any injuries to on-site personnel due to the … Read more