UK grid connections branded ‘greatest obstacle’ to net zero following landmark review August 7, 2023 Grid connection wait times are a "national scandal" and the "greatest obstacle" on the path to net zero, renewable energy bosses warn.
Bill Gates-backed nuclear contender Terra Power aims to build dozens of UK reactors August 7, 2023 A Bill Gates-backed clean energy player is hoping to build dozens of nuclear reactors in the UK and will compete with global rivals.
More support with energy bills unlikely this winter, admits Grant Shapps August 7, 2023 Grant Shapps has warned households are unlikely to receive fresh support from the government this winter for their energy bills.
Offshore wind auctions no longer offer ‘financially sustainable prices’ August 7, 2023 The government's flagship offshore wind scheme is no longer fit for purpose, and the UK needs to establish a long-term funding plan.
Last orders! Rate of pub closures reaches decade high as rate hikes and inflation bites August 7, 2023 The number of pub closures in the UK reached its highest quarterly figure in over a decade, new data reveals, as soaring costs force more of the country’s local watering holes to close their doors for good. Some 223 pub businesses entered insolvency in the second quarter of this year, up from 200 in the [...]
LNG boom attracts Asian energy giants to London as Europe fights blackout threat August 6, 2023 Soaring demand for LNG in Europe has triggered a flurry of activity in London, with Asian energy companies looking to maximise booming trade.
Oil prices boosted by six weeks of gains as supplies tighten worldwide August 6, 2023 Oil markets will open trading on Monday having recorded six weeks of gains across both major benchmarks, as tightening supplies bolster prices.
Pay households to back new electricity lines, urges former National Grid chief August 4, 2023 A new report has urged the government to offer lump sum payments to households and communities to ensure the rollout of new electricity lines.
Drax faces political storm over claims it used loophole to keep £639m from bill payers August 3, 2023 The chair of a leading Westminster panel has vowed to investigate reports Drax has been switching off one of its biomass units.
Government warned that a poor investment climate risks new UK energy projects August 3, 2023 The UK’s investment climate must be improved if the government wants to attract more private sector funding for renewable projects.