Rolls-Royce joins forces with Fortum to explore SMR projects March 22, 2023 Rolls-Royce SMR has teamed with Fortum up to explore opportunities to develop small modular nuclear reactors in Scandinavia.
Trafigura and Vitol could step up trade in Russian oil, CEOs admit March 22, 2023 Global energy traders Trafigura and Vitol are considering whether to resume more trade in Russia's oil, their CEOs said yesterday.
Government allocates £1.8bn funding for energy efficiency boost across UK homes and public buildings March 22, 2023 The government has allocated over £1.8bn to boost energy efficiency and cut emissions across homes and public buildings across England.
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.