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Energy

  • EDF chief executive tells managers nuclear business to be reorganised

    June 30, 2023

    EDF's chief executive Luc Remont told managers yesterday that the state-owned power group's nuclear activities would be reorganised.

  • Oil markets suffer four quarters of losses as concerns grow over China slowdown

    June 30, 2023

    Oil markets are on the verge of a year-long slide in prices with a fourth consecutive quarter of losses.

  • British Gas owner boosts biggest gas facility storage – and calls for investment changes to ramp it up further

    June 30, 2023

    Centrica has expanded Rough but has called for changes in the investment regime for it to bring the site back to full capacity again.

  • Super sewer still on track despite Thames Water troubles

    June 30, 2023

    It is “inconceivable” that Thames Water’s financial woes will derail London’s new super sewer, says Tideway boss.

  • Energy costs to fall from July but bills still almost double pre-crisis levels

    June 30, 2023

    Households will pay less for their energy supplies from Saturday amid warnings bills will still be double the price before the crisis.

  • Thames Water and Ofwat face Westminster grilling over growing debt pressures

    June 30, 2023

    MPs will grill Thames Water executives and market watchdog Ofwat amid growing concerns over the finances of the UK's largest water supplier.

  • Yorkshire Water raises £500m from shareholders amid Thames Water troubles

    June 29, 2023

    Yorkshire Water has raised £500m from shareholders, as part of its long-term equity plan to invest nearly a £1bn over the next five years.

  • Ofgem cracks down on generators that left customers with a £3bn bill

    June 29, 2023

    Generator owners will no longer be able to hold back supplies, so they can later harness higher prices for back-up power generation.

  • British Lithium team ups with French miner to develop Cornish mega mine

    June 29, 2023

    British Lithium has teamed up with French minerals specialist Imery to develop a mine capable of powering half a million cars per year.

  • Britain must meet £100bn target to unblock offshore wind supply chain bottleneck

    June 29, 2023

    Britain risks failing to to meet its offshore wind ambitions, unless the industry is able to invest more in manufacturing and supply chains.

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