Tuesday, 29 September 2026

Wisconsin Public Service proposed raising residential electric and natural gas rates by about 14%, with Wisconsin state regulators set to review the request Tuesday, according to Event Registry.

WPS said the request includes USD 132 million in savings from federal tax credits and earnings sharing.

The Citizens Utility Board opposes the proposed increases.

The UK is weighing fuel rationing in response to the energy price crisis, according to TodoAlicante.

Brussels has urged EU member states to adopt new measures to reduce gas and electricity consumption before winter, TodoAlicante reported.

Spain's latest anti-crisis package is expected initially to focus on extending fuel rebates, according to TodoAlicante.

London will receive GBP 41 million, equivalent to USD 54.3 million, for a river-based heat transfer system along the River Thames, according to Event Registry.

The project plans initially to serve 650,000 homes and could expand to more than one million properties, Event Registry reported.

The government announcement said the UK programme could create more than 2,000 jobs, according to Event Registry.

The European Commission is considering a one-year delay to methane monitoring and reporting requirements for EU oil and gas imports, Energy Commissioner Dan Jorgensen said.

Jorgensen cited concerns about energy security and prices amid uncertainty over shipping through the Strait of Hormuz.

The European Heat Pump Association said residential heat pump sales across 12 European countries rose 11% to 1.16 million units in the first half of the year.

The Michigan Public Service Commission recommends that lawmakers require and incentivize utilities to make full use of existing infrastructure, shielding customers from costlier options such as new natural gas plants.

The commission said utilities are incentivized to pursue costly projects such as new power plants because those investments generate the most money for them.

Accelerated tree trimming and maintenance could instead save Michigan customers money and improve reliability, according to the commission.

Websol Energy System secured 54 acres in West Bengal for a solar manufacturing facility with 4 GW of planned capacity, Event Registry reported.

The proposed facility will have 4 GW of solar cell capacity and 4 GW of solar module capacity, with development split into two phases of 2 GW each, according to Event Registry.

Three tankers seized by the United States are crossing the Atlantic with nearly six million barrels of Iranian crude valued at about USD 600 million, Event Registry reported.

The vessels are the Majestic X, Tifani and Lenore.

TankerTrackers said on September 23 that the seized oil was heading toward the United States.

Colorado regulators warned the West Elk coal mine in August that it could face sanctions after air pollution reached nearly four times its permitted level, Event Registry reported.

West Elk emitted 1,723 tons of volatile organic compounds over the 12 months ending in May, compared with its 465-ton air-permit limit.

Environmental groups led by the Center for Biological Diversity urged Colorado to go beyond fines and require the mine operator to install the best available emissions-control technology.

Brent crude futures rose more than 3% and surpassed USD 107 a barrel after US President Donald Trump rejected a peace deal with Iran, Event Registry reported.

The dollar was flat against major currencies as the US-Iran stand-off pushed oil prices higher and a renewed US Treasury selloff boosted yields, according to Event Registry.

US Treasury yields remained above 5% at multi-decade highs, the outlet reported.

Washington is increasingly using leverage over Iraq’s access to its dollars to pressure Baghdad to curb Iran’s influence and armed groups aligned with Tehran, according to Event Registry.

Washington blocked a cash shipment of about $500 million to Iraq in April while pressing the government over Iran-aligned armed groups, Event Registry reported.

Iraq’s deadline for disarming Iranian-aligned factions was pushed back to June 2027, according to Event Registry.

Oil flows out of the Middle East are increasing, according to Semafor Net Zero.

Middle East oil shipments through the Strait of Hormuz and routes bypassing it reached nearly 80% of prewar levels last week, according to the research firm Kpler.

Saudi Arabia has restored half the output along its pipeline to the Red Sea, Bloomberg reported.