NEW YORK (Reuters) – U.S. electricity and gasoline prices increased sharply in March, with electricity up 0.9% and gasoline up 1.7%, leading the energy sector to far outpace broader inflation …
electricity
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By Mario Fuentes and Alien Fernandez HAVANA (Reuters) – Wedding processions on wheels are nothing new along Havana’s famous seafront drive, the Malecon, but this week electric motorcycles and scooters …
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(Reuters) – Utility firm Consolidated Edison on Thursday beat third-quarter profit estimates on higher earnings from its electricity segment. The company, which provides electricity in much of the New York …
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(Reuters) – Pinnacle West Capital on Thursday posted a 22% rise in third-quarter profit as the utility got a boost from higher electricity demand due to extreme hot weather. The …
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Top EPA Official Pushing EVs Can’t Say How Much Electricity America Uses In A Year Nick Pope on June 22, 2023 A top Environmental Protection Agency (EPA) official tasked with …
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US Electricity Bills Shot Up At Record-Breaking Pace In 2022 John Hugh DeMastri on May 31, 2023 Americans’ electricity bills outran inflation in 2022 to grow at the fastest rate …
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HANOI (Reuters) – Vietnam on Thursday raised its average retail electricity price by 3%, the government said, in a move that could put upward pressure on inflation. Annual inflation in …
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SEOUL (Reuters) -South Korea will raise electricity prices for the first quarter of 2023 by 13.1 won per kilowatt-hour, a 9.5% increase that is the highest in four decades, its …
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Washington Power Substations ‘Vandalized’ In Attack, Cutting Off Electricity For Thousands Jack McEvoy on December 26, 2022 Thousands of households in Northwest Washington were left without power on Sunday after …
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PARIS (Reuters) – France is not expected to be a net importer of electricity next year, an executive at the RTE national grid operator said on Wednesday. (Reporting by Benjamin …
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By Kate Abnett BRUSSELS (Reuters) – The European Commission has warned countries that an EU-wide cap on the price of gas used to produce electricity could cause an increase in …
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BERLIN (Reuters) – Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson …
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AMSTERDAM (Reuters) – PepsiCo on Friday announced plans to phase out use of natural gas at a factory in the Netherlands and adopt a system based on renewable electricity to …
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ROME (Reuters) – Italy’s regulated household electricity prices will increase by 59% in the fourth quarter, Italy’s energy authority ARERA said in a statement on Thursday, as Russia’s war on …
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Americans’ Electricity Bills Set To Skyrocket This Winter Jack McEvoy on September 19, 2022 Household electricity bills, which are already soaring to their highest levels in years, are likely to …
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By Essi Lehto and Anne Kauranen HELSINKI (Reuters) -Finland on Thursday slashed value-added tax on electricity to 10% from 24% over the winter and said it would pay more subsidies …
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By Marc Frank HAVANA (Reuters) – Cuba, mired in an energy crisis that has brought frequent blackouts, is negotiating with a Turkish company to have it double the megawatts it …
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By John Kemp LONDON – Global coal-fired electricity generators are producing more power than ever before in response to booming electricity demand and the surging price of gas. The world’s …
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Prices for the 2023/2024 Delivery Year were lower than in the previous auction for the 2022/2023 Delivery Year. As a result, sufficient resources plus robust reserve levels were procured at …
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Company offers tips for customers to manage rising temperatures and energy costs NEW CASTLE, Pa., June 20, 2022 — Penn Power, a FirstEnergy Corp. (NYSE: FE) electric company, recently completed …
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‘It’s A Huge Problem’: California’s Sky-High Electricity Prices Bring A Shock To Biden’s EV Dreams Thomas Catenacci on April 7, 2022 California electricity bills are among the highest in the …
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By Kate Abnett BRUSSELS -Energy ministers from European Union countries on Monday agreed to urgently link a European power system to Ukraine’s grid, a move that would increase its independence …
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SINGAPORE – China may triple electricity generation to supply 60% of the country’s total energy under Beijing’s carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell said …
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ANKARA – President Tayyip Erdogan said on Monday that Turkey will remove two fixed payments from electricity bills to help consumers, adding his government had already subsidised some energy costs. …