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.
Thames Water: City grandee and crisis specialist Sir Adrian Montague lined up as new chair June 29, 2023 Thames Water has lined up long-standing city grandee and crisis specialist Sir Adrian Montague as it new chair.
Thames Water crisis: Government looks to allay fears of potential collapse with nationalisation mooted June 29, 2023 Ministers have looked to allay fears around the impact of Thames Water potentially going under as the regulator vowed to work with the sector to deal with its debt levels. Work and Pensions Secretary Mel Stride said there were “contingency plans in place for any eventuality” as Thames Water battles to finance the £14 billion [...]
Tories turn up the heat on Ofwat as Thames Water scrambles for £1bn in funds June 28, 2023 A front-bench member of the cabinet has raised concerns over the future of Thames Water, amid its desperate bid for funds from investors.
Coal plants to be unavailable for winter supply squeeze June 28, 2023 Two British coal plant operators, whose plants were available last winter, will be unable to provide back-up power this winter.
Thames Water confirms shareholder talks – but plays down fears of collapse June 28, 2023 Thames Water confirms it is in talks with shareholders over securing more funding, and has played down fears it could collapse.
Energy firms face having licences stripped in Ofgem prepayment meter clampdown June 28, 2023 Ofgem has moved to make its protection rules for prepayment meter customers permanent as it continues its clampdown on the energy industry.
Planning constraints will prevent UK from net zero, reckon experts June 28, 2023 Planning obstacles jeopardise the country's drive to net zero, warned the Climate Change Committee in its latest annual report.