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21.10.26 - 01:27
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Japan′s Electricity Prices Surge 25% As LNG And Coal Costs Soar (ZeroHedge)
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Japan's Electricity Prices Surge 25% As LNG And Coal Costs Soar
Authored by Tsvetana Paraskova via OilPrice,
Japan's average power prices jumped by over 25% at the start of this week from the previous week amid soaring LNG and higher coal prices.
The nationwide power price rose by over 25% week-to-week to $0.19 (31.15 Japanese yen) per kilowatt-hour (kWh) on Monday, Bloomberg reported, citing data from Japan Electric Power Exchange.
Japan, one of the world's biggest LNG importers, this summer reduced gas-fired generation in favor of coal as the price of liquefied natural gas remained elevated.
Japan has been burning more coal and less gas for power generation since the war in the Middle East started, and it is not the only one. All Asian countries have made the switch from gas to coal on affordability and availability grounds.
Moreover, surging oil prices have led to a significant increase in Japan's import bill for oil and LNG.
LNG prices surged in Asia to a four-year high as very few car...
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19.10.26 - 18:30
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′Concerning issues′ found at GB power grid by inquiry into cover-up claims (The Guardian)
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Neso control room staff accused senior executives of covering up extent of blackout risks during June heatwaveIndependent investigators have found significant and concerning “cultural issues” at Great Britain's grid operator after control room staff accused senior executives of covering up the extent of blackout risks in the UK during the June heatwave.An external legal firm tasked with investigating a series of whistleblower allegations against the National Energy System Operator (Neso) raised concerns over how high levels stress among control room engineers was handled by the company. Continue reading......
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19.10.26 - 01:18
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Electricity costs put UK steelmakers in worst position in three years against EU rivals (The Guardian)
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Premium paid over French counterparts has risen to almost £30 a megawatt hour, analysis by lobby group findsBritish steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli war on Iran caused a surge in global gas prices.The premium paid by the British industry over its French counterpart has risen to almost £30 a megawatt hour (MWh), its highest level in three years, according to analysis by the lobby group UK Steel. Continue reading......
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17.10.26 - 08:09
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Untersuchung: Netzentgelte für Strom und Gas steigen 2027 (DPA-AFX)
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BERLIN (dpa-AFX) - Private Haushalte müssen im kommenden Jahr mit leicht steigenden Netzentgelten bei Strom und Gas rechnen. Das geht aus Berechnungen des Vergleichsportals Verivox auf Basis bisher veröffentlichter Daten der Verteilnetzbetreiber hervor. ......
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