Billions could be saved by building a flexible electricity system March 22, 2023 The UK could be saving around £17bn every year if it builds a flexible electricity system, MPs have been told.
TotalEnergies awaits solution on £22bn Iraq energy deal, CEO says March 22, 2023 The stalled agreement between Iraq and Total Energies over a £22.1bn energy project has yet to find a resolution, its CEO said.
SSE backs UK’s first pumped hydro scheme in 40 years with £100m funding March 21, 2023 SSE will invest £100m in the UK's first pumped hydro storage scheme in 40 years, but warns against further investment uncertainty.
UK faces supply crunch as gas and nuclear power plants close, warns Drax as it halts key biomass project March 21, 2023 The UK is facing a significant shortage in power that can be brought online at times of peak demand, warned Drax.
Newcleo announces plans for €1bn fundraiser as it targets UK nuclear industry March 20, 2023 A potential nuclear power player with ambitions for the UK market is working to raise up to €1bn equity in an upcoming equity raise.
Window of opportunity to preserve liveable climate rapidly closing, UN warns March 20, 2023 There is a rapidly closing window of opportunity to lower greenhouse gas emissions and secure a safe and liveable future, says the UN.
Gas prices slide ahead of spring as banking chaos sparks recession fears March 20, 2023 Gas prices have dropped in this afternoon's trading as warmer weather and economic turmoil eased expectations of demand.
North Sea oil and gas operators warned of ‘tsunami’ of industrial unrest March 20, 2023 North Sea oil and gas operators are being warned of industrial unrest after workers voted to strike over jobs, pay and conditions.
Ofwat clamps down on dividend payments for water suppliers who won’t clean up their act March 20, 2023 Ofwat will be able to stop the payment of dividends if they risk the financial resilience of water companies.
LME delays reopening of Asian trading after finding bags of stones instead of nickel March 20, 2023 The London Metal Exchange has postponed the resumption of nickel trading during Asian hours by a week to March 27.