Bloomberg Australia’s new government, elected with a promise to accelerate a shift away from fossil fuels, is holding talks with oil and gas giants to ease an energy squeeze that’s delivered a first major test. Officials are in discussions with companies on “how we can alleviate the immediate real pressure on businesses and households,” after gas prices surged and following ...

  Bloomberg New York Governor Kathy Hochul announced plans to build 22 renewable energy projects, much of them solar-power facilities, as the state aspires to achieve a zero-emission grid by 2040. The projects should generate enough power to serve 620,000 New York homes for at least 20 years, spur $2.7 billion in private investments and create more than 3,000 jobs ...

  Bloomberg South Africa made some progress toward adding new generation to its underpowered electricity grid, signing power purchase agreements for 150 megawatts of capacity from private projects by developer Scatec ASA that were selected a year ago. The government’s emergency power program, also known as the risk mitigation program, has experienced multiple delays as the nation heads for a ...