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Energy

  • Eon warns energy crisis not over yet as it ramps up renewable spending

    August 9, 2023

    There is still a risk that gas prices could rise this winter despite the recent calming across energy markets, Eon warned today.

  • Water firms risk £800m payout as lawsuits target ‘misleading’ pollution reporting

    August 9, 2023

    Six English water companies are to face legal action over allegations of underreporting pollution incidents and overcharging customers.

  • Cornish Lithium secures vital £54m cash boost after warning of financial difficulties

    August 8, 2023

    Cornish Lithium has secured a vital cash injection to boost its lithium ambitions, with fresh backing from a group of institutional investors.

  • The one winner from the UK’s miserable summer?… Wind turbines

    August 8, 2023

    Brits have been disappointed by persistent gloomy weather this summer. But there has been one winner from the overcast skies – wind turbines.

  • Energy system ‘broken’: Suppliers to rake in £1.7bn profits as millions of Brits grapple with sky-high bills

    August 8, 2023

    Household energy suppliers are on course for profits bonanza over the next 12 months from customer bills, a new report suggests.

  • Tory revolt over new oil boiler ban heats up as minister compares it to ‘rural ULEZ’

    August 8, 2023

    Former environment secretary George Eustice has compared the proposed bans on new oil boilers to the Ulez car ban in London.

  • Siemens Energy books £3.9bn losses over wind turbine unit woes

    August 8, 2023

    Siemens Energy on Monday said problems recently unveiled at its wind turbine unit would cost it £1.9bn, well short of worst-case estimates.

  • UK urged to abolish energy price cap in bid to boost competition and lower bills

    August 8, 2023

    The energy price cap should be abolished, as it is raising bills for customers and stifling competition in the market.

  • Government will have to be ‘brave’ in the face of local opposition to meet net zero goals, former energy head warns

    August 8, 2023

    The government will have to be "brave" in the face of local opposition to its electrification plans, a former head of energy has warned.

  • Ban fossil fuel alternatives to meet green hydrogen goals, says investment boss

    August 8, 2023

    The government will need to consider banning grey hydrogen if it wants to ramp up cleaner alternatives, the boss of a leading hydrogen fund has said.

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