London CNN — South Africa’s President Cyril Ramaphosa has declared a national state of disaster in response to the country’s drawn-out energy crisis, calling it “an existential threat” to Africa’s most developed economy. Setting out the government’s key objectives for the year in a state of the nation address Thursday, Ramaphosa said the crisis is […]
Washington CNN — Iran appears to be modifying the attack drones it’s providing to Russia so that the explosive warheads can inflict maximum damage on infrastructure targets inside Ukraine, according to a new investigative report obtained exclusively by CNN. Iran has given Russia hundreds of drones to use in its war in Ukraine, many of […]
Johannesburg, South Africa CNN — Car crashes, opportunistic criminals, rotting food, decomposing bodies, bankrupt businesses, and water shortages. Welcome to life under South Africa’s power blackouts. Last week the grim extent of the outages was laid bare when South Africans were advised to bury dead loved ones within four days. In a public statement, the […]
London CNN — Germany just took a step closer to finding a long-term, greener replacement for Russian natural gas and coal. German power producer RWE (RWEOY) and Norwegian state-owned energy firm Equinor on Thursday announced plans to build hydrogen-fueled power plants in Germany over the next few years, as well as a major pipeline between […]
London CNN Business — The UK government is hiking a windfall tax on oil and gas companies and extending the levy to electricity generators, as it scrambles to balance its budget amid an economic downturn. It is also investing in nuclear power for the first time in decades. UK finance minister Jeremy Hunt announced the […]
CNN — When Hurricane Fiona slammed into Puerto Rico in September, it triggered a nearly island-wide blackout as the storm’s strong winds took down the fragile power grid. Carlos Ramos spoke to CNN as he helped his friends clean up their flood-damaged beach home in Salinas. Ramos said most of his neighbors in Aguas Buenas, […]
London CNN — Wind and solar power have made up a record 24% of the European Union’s electricity mix since Russia launched its war on Ukraine, a new report says, a boost that has also helped the bloc battle soaring inflation. The growth in renewable power capacity has saved the 27-nation bloc €99 billion ($97 […]
London CNN Business — EU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some electricity generators as the cost of Europe’s energy crisis spirals higher. But energy ministers from the 27 EU member states failed to reach an agreement on a proposal by the […]
CNN — With Category 4 Hurricane Fiona poised to sideswipe Bermuda later this week, people in the storm’s deadly wake still faced days without basic utilities Wednesday – including much of Puerto Rico, where most were left without power and running water. Only about 395,200 of Puerto Rico’s 1.5 million utility customers had power by […]