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11.09.26 - 22:42
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Coal Nears Breakout As Gulf Energy Shock Drives Utilities Back To Dirty Fuel Ahead Of Winter (ZeroHedge)
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Coal Nears Breakout As Gulf Energy Shock Drives Utilities Back To Dirty Fuel Ahead Of Winter
Newcastle thermal coal futures are approaching the $150-a-ton breakout level as the global energy shock, most acute in industrial fuels, encourages utilities to shift toward coal ahead of the Northern Hemisphere winter while electrification trends and all things AI expand electricity demand.
UBS metals and mining analyst Myles Allsop wrote in a note this week that thermal coal prices face a number of factors colliding at once that could push prices higher over the next few months:
We see a number of risks that could drive up thermal coal prices over next few months, with 1) demand supported by a hot summer (increasing demand for cooling), the high gas price (due to the ME conflict) and potentially a cold winter in the Northern Hemisphere due to the 'super El Niño' (conditions to peak in Dec), and 2) supply at risk from Chinese safety checks, Indonesian government policy, Russian diesel shortag...
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11.09.26 - 07:54
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The ′great grid upgrade′ is off track – ministers should spell out the risks for bills | Nils Pratley (The Guardian)
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National Audit Office calls for greater transparency on £70bn programme that is running over budget and behind scheduleSpeed up electricity grid upgrade or else face higher bills, warns UK watchdogIt's an open secret in the energy industry that “the great grid upgrade” – the £70bn programme to rewire the nation's electricity transmission network to enable clean power by 2030 – is running over budget and behind schedule, and may end up costing consumers and businesses more in their bills than advertised.How far behind? How much more? It is impossible to get straight answers from the bodies overseeing the massive spending programme, which may continue at an even greater scale into the 2030s. The Department for Energy Security and Net Zero (Desnz), its in-house body, the National Energy System Operator (Neso), and Ofgem, the supposedly independent regulator, publish acres of information on narrow matters, but none provides a clear big-picture assessment: how is the grid upgrade really going? Cont...
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11.09.26 - 07:54
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Speed up electricity grid upgrade or else face higher bills, warns UK watchdog (The Guardian)
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National Audit Office says failure to implement £70bn modernisation would also hold back economic growthThe 'great grid upgrade' is off track – ministers should spell out the risks for billsConsumers will pay higher energy bills unless the UK government speeds up work on a vast programme of upgrades to the electricity grid to enable the switch to renewables, the public spending watchdog has warned.The National Audit Office (NAO) said that without faster action the extra costs associated with managing the ageing power network, which are ultimately passed on to the public, could reach £7.8bn a year by 2030. Continue reading......
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10.09.26 - 14:09
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Strom-Sabotage: Notizen mit über 160 Sabotagezielen entdeckt (DPA-AFX)
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DÜSSELDORF (dpa-AFX) - Im Wohnmobil des mutmaßlichen Strom-Saboteurs ist ein Notizbuch mit handschriftlichen Vermerken zu mehr als 160 bisherigen und möglichen weiteren Sabotagezielen entdeckt worden. Das hat NRW-Innenminister Herbert Reul (CDU) dem Landtags-Innenausschuss ......
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10.09.26 - 06:57
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Plattes Gras verrät Strom-Saboteur - Bodycam filmt Festnahme (DPA-AFX)
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WEISWEILER/KÖLN (dpa-AFX) - Es war nur etwas niedergetretenes Gras an einem Feldweg. Aber das war für zwei junge Polizisten die entscheidende Spur, die am Dienstag zur Festnahme des 48-jährigen mutmaßlichen Energie-Attentäters geführt hat, nach dem europaweit ......
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