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Energy

  • Scottish Power owner Iberdrola posts £1.32bn profit powered by renewables

    April 26, 2023

    Scottish Power's parent company Iberdrola has posted robust first quarter profit of £1.32bn, a 40 per cent hike on the £940m earnings it posted for the same three months last year.

  • National Grid told to hurry up as solar projects face 15 year waiting times

    April 26, 2023

    National Grid needs to speed up waiting times for new energy projects, or the UK risks failing to meet its solar power targets.

  • Shapps: We ‘want and need’ oil and gas sector to reach net zero and protect UK’s energy security

    April 25, 2023

    The UK "wants and needs" the oil and gas sector to help reach net zero and protect the UK's energy security, Grant Shapps told MPs today.

  • Shell quits major UK carbon capture project – but venture insists its future is safe

    April 25, 2023

    Shell has withdrawn from a key UK carbon capture and storage project, following National Grid's exit earlier this week.

  • Drax shuts down coal operations, so will the UK have enough energy this winter?

    April 25, 2023

    Drax has closed the curtain on its coal operations, putting the government under more pressure to secure supplies ahead of winter.

  • Government under pressure over plans to tackle sewage leaks

    April 25, 2023

    The government faces pressure over its handling of the water industry, with Labour set to force a binding vote on draft legislation.

  • UK and EU hope to use North Sea to fight Putin’s energy supremacy

    April 25, 2023

    The UK has joined forces with its European allies to ramp up renewable energy generation and bolster the continent's security of supplies.

  • Not funding Sizewell C risks UK’s green ambitions, nuclear industry warns

    April 24, 2023

    The nuclear industry has pushed the environmental benefits of Sizewell C amid reports the project is struggling to lure UK investors.

  • Household bills should reflect lower costs of renewables sooner, Ovo boss tells government

    April 24, 2023

    Ovo Energy has urged the government to speed up plans to separate electricity prices from gas prices to drive down bills.

  • North Sea oil workers begin ‘biggest offshore stoppage in a generation’

    April 24, 2023

    North Sea oil workers have begun the “biggest offshore stoppage in a generation”, with 48-hour strikes on oil and gas rigs.

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