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Energy

  • Free Boiler Grant UK 2024: Who Qualifies and How to Apply

    April 22, 2024

    The ECO scheme has officially entered into Phase 4 – ECO4 – and its new goals are to combat fuel poverty and reduce carbon emissions of the housing stock, by bringing low income families in Scotland, England and Wales free funding to upgrade their home’s heating system via the free boiler grant. Because the goal [...]

  • US set to fund London-listed Rainbow Rare Earths mining project as China battle hots up

    April 22, 2024

    Rainbow Rare Earths, listed on the main market of the London Stock Exchange with a market capitalisation of £63m, will receive £40m from Washington's US International Development Finance Corporation to build a plant at the site in South Africa's Kruger National Park.

  • Thames Water’s new business plan could see bills rise by over 40 per cent by 2030

    April 22, 2024

    Already in the hole for around £18bn, today's update brings the company's expected total cost for its 2025-2030 plans to £19.8bn

  • PM’s net zero speech ‘set us back’, head of climate watchdog warns

    April 20, 2024

    Rishi Sunak’s decision to water down environmental policies has “set us back” on reaching net zero, the outgoing head of the government’s climate watchdog has said.

  • China’s imports of Russian oil near record high in March

    April 20, 2024

    Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments. China’s imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5 per cent on the year to 10.81 million metric tons, or 2.55 million barrels per day (bpd) last month, according to data from [...]

  • FTSE 100 today: London markets poised for red start as Middle East tensions escalate; investors await more details on the crisis

    April 19, 2024

    Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.

  • Interest rates and the green economy: The carbon cost of higher for longer

    April 18, 2024

    The high capital intensity and low returns on green projects make them particularly vulnerable to high rates. 

  • Ferrexpo finally reveals financial results despite ongoing lawsuits

    April 18, 2024

    Embattled iron pellet producer Ferrexpo has finally revealed its 2023 financial results after delaying them due to legal action against it.

  • National Grid set to profit from Hunt’s full-expensing tax relief scheme

    April 18, 2024

    The National Grid has said that it expects to report higher earnings in its full-year results on 23 May, due to new reporting methodology.

  • Tory MPs led by IDS: Biden’s liquefied natural gas curbs risk reliance on Russian energy

    April 17, 2024

    A group of nearly two dozen Conservative MPs led by former party leader Iain Duncan Smith has warned that Joe Biden's decision to curb US energy exports to the UK and Europe risks making his allies reliant on Russia to meet their energy needs.

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