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Energy

  • Consumer behaviour change essential for reaching net zero, UK’s electricity system operator warns

    July 12, 2023

    Britain will struggle to reach net zero carbon emissions over the next three decade unless consumers are prepared to change their consumption behaviour, according to the latest study from National Grid's electricity system operator (ESO).

  • Global energy demand will soar over next two decades, says OPEC

    July 11, 2023

    Global demand for all forms of energy is forecast to rise 23 per cent through 2045, according to OPEC's latest forecasts.

  • Rosebank: UK’s biggest oil and gas field faces fresh delay amid regulator concerns over net zero goals

    July 11, 2023

    Approval for Rosebank, the UK's largest undeveloped oil and gas field, has been delayed by regulators again.

  • Rising critical mineral supplies could help meet demand to fight climate change

    July 11, 2023

    Supply of minerals critical to the energy transition could move close to levels needed to support climate pledges by 2030.

  • British Gas owner Centrica seals £6.2bn US LNG mega deal – that could power five per cent of UK homes

    July 11, 2023

    British Gas owner Centrica has signed a new £6.2bn ($8bn) mega deal with Delta Midstream for 1m tonnes per annum of LNG for 15 years.

  • Thames Water hangs on, but its future, and the health of our waterways, remains unclear

    July 10, 2023

    Thames Water’s reprieve this morning may have refreshed the company’s coffers, but the firm remains parched of funding for its future ambitions.

  • Thames Water taps shareholders for extra £750m in bid to avert collapse

    July 10, 2023

    Debt-laden Thames Water has secured an extra £750m of equity funding from shareholders, as the firm races to avoid nationalisation.

  • Utilities sector hits rock bottom as customer satisfaction plummets

    July 10, 2023

    Poor handling of complaints has powered a record plunge in customer satisfaction across all sectors of the UK economy.

  • Oil sorted? OPEC gambles on demand revival to boost flagging prices

    July 10, 2023

    OPEC and its allies are banking on demand to rebound and prop up oil prices. If they're wrong, it's time to reassess their influence.

  • Siemens Energy deepens in-house probe into turbine problems

    July 8, 2023

    Siemens Energy's board has set up a task force to establish the scope of deepening problems at its crisis-ridden wind turbine division.

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