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Energy

  • Water companies ordered to share plans for fixing sewage spills as Coffey considers tougher fines

    February 20, 2023

    Water companies across England will have to explain why storm outflows are happening and what is being done to fix them.

  • UK risks missing energy goals due to poor investment climate, industry body warns

    February 20, 2023

    Britain’s climate targets and energy security goals are at risk from its poor investment environment, warns Energy UK.

  • BP and Shell: Will the mega profits of energy giants power our greener future?

    February 20, 2023

    BP and Shell have pledged to ramp up renewable spending to meet the UK's climate and energy security goals, but can we trust them?

  • Oil prices to stay high this year on China reopening and OPEC output snags, experts predict

    February 19, 2023

    Oil prices will be propped up this year by rebounding demand from China alongside tightening supplies into Europe and OPEC's capacity issues.

  • EDF: Inflation drives Hinkley Point C nuclear plant costs from £26bn to £33bn

    February 18, 2023

    EDF has told investors that the cost of Hinkley Point C nuclear plant could balloon to £33bn, a near 30 per cent hike on previous estimates.

  • New nuclear will make UK more competitive

    February 17, 2023  |  Sponsored

    For 65 years, nuclear power has been an integral part of the UK’s electricity system, providing low carbon and reliable power to UK homes, public services and businesses. However, there is much work to be done in modernising and increasing nuclear capacity if the UK is to keep the lights on and hit net zero [...]

  • EDF UK rakes in £1.1bn profits powered by record electricity prices

    February 17, 2023

    EDF UK has raked in hefty profits, with soaring electricity prices powering its rebound from last year's losses.

  • British Gas owner Centrica posts £3.3bn record profit – more than treble last year’s £948m

    February 16, 2023

    British Gas owner Centrica has unveiled record profits of £3.3bn - powered by soaring energy prices and historic market volatility.

  • Offshore wind plans must be sped up to meet energy security goals, green group warns

    February 16, 2023

    UK offshore wind pipeline has reached nearly 100GW - more than double its overall generation target to reach net zero.

  • Households could start switching energy suppliers in bid for cheaper deals as price cap plummets

    February 15, 2023

    Millions of Brits could switch supplier later this year, with the energy market expected to become more competitive as gas prices ease.

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