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Energy

  • National Grid claims Britain at lower risk of losing power in the winter than last year

    June 15, 2023

    Britain will be at a lower risk of losing power this winter than it was last time, according to a report from the company that runs the grid. National Grid’s Electricity System Operator (ESO) said on Thursday that power plants, wind farms and other generation methods are expected to be able to provide more than [...]

  • Ofgem slaps E.On with £5m fine as customers get compensation for poor service

    June 14, 2023

    Power supplier E.On Next has been ordered to pay £5m in compensation to more than 500,000 customers for “unacceptable” call services.

  • Shell super-sizes dividend and ditches oil production cuts

    June 14, 2023

    Shell will ditch a plan to gradually reduce oil production over the coming years and choose instead to “stabilise” production until the end of the decade. The bombshell announcement came in the same market update which revealed a 15 per cent dividend bump-up from the second quarter of this year. CEO Wael Sawan will also [...]

  • LNG fleets to overtake oil supertankers in global gold rush

    June 14, 2023

    There will be more LNG ships than oil supertankers within the next five years, according to the latest findings from Global Data.

  • Time to target NHS in energy efficiency drive, says sustainability boss

    June 14, 2023

    The government should encourage public sector bodies such as the NHS to ramp up energy efficiency measures, argues SDCL.

  • 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.

  • Government needs to do more to win over North Sea oil and gas firms wounded by windfall tax

    June 14, 2023

    The government has made the North Sea's investment climate inhospitable for smaller oil and gas firms, warned a leading energy trade association.

  • 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.

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