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Energy

  • Three million smart meters not working as intended as government rollout stalls

    June 14, 2023

    The government is facing challenges in meeting its latest smart meter rollout targets as suppliers, warns the NAO.

  • Space-based solar farms could power millions of homes, suggests Shapps

    June 13, 2023

    Space-based solar power could help tackle climate change, Grant Shapps said as he promised £4.3 million for research projects.

  • Anglian Water ad banned for leaving out history of sewage releases

    June 13, 2023

    An ad for Anglian Water promoting its building of wetlands has been banned for failing to mention its history of releasing sewage into rivers.

  • British Gas boss secures £4.5m payout as Centrica wins over shareholders

    June 13, 2023

    The hefty £4.5m proposed pay-packet for Chris O'Shea, the boss of British Gas owner Centrica, has been confirmed.

  • OPEC holds oil demand view steady despite economic growth warning

    June 13, 2023

    OPEC left its forecast for 2023 global oil demand growth steady for a fourth month on Tuesday amid global economic uncertainty.

  • AMTE boss threatens to build £250m Dundee gigafactory overseas

    June 13, 2023

    The boss of one of the UK’s last battery manufacturers, AMTE Power, has threatened to build its new planned factory overseas, should the UK fail to boost subsidies to levels competitive with the European Union (EU) and US. Allan Hollis, CEO of AMTE Power told the Financial Times that “for gigafactory-scale production, we have to [...]

  • British Gas owner facing shareholder showdown over chief’s £4.5m bumper pay

    June 13, 2023

    British Gas owner Centrica has announced that the operating profits for its retail arm will be "significantly higher than in previous years."

  • Space-based solar to get an early lift off from the UK

    June 13, 2023

    Solar panels in space could help meet the UK's energy needs, with the government poised to announce funding for new projects.

  • Glencore’s new Teck bid exposes industry desperation to go green

    June 12, 2023

    Glencore has made a new bid for Teck Resources - reflecting its creativity and its desperation to grow its green agenda.

  • FSB: Small firms need flexible payment options to ease energy bills burden

    June 12, 2023

    Thousands of small businesses are at risk of closure, if suppliers fail to offer firms more flexible options for paying off their energy bills.

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