Aramco ramps up fossil fuel spending as oil and gas firms ease off green agenda March 14, 2023 Saudi Aramco shows no signs of pivoting to a greener future, and is targeting a further ramp up in oil and gas prices.
Utilita chief calls for ban on ‘archaic’ prepayment meters March 13, 2023 The government should scrap traditional prepayment meters and only allow suppliers to install smart options, says the Utilita boss.
First floating offshore wind farm approved off Welsh coast March 13, 2023 Consent for a floating offshore wind farm has been granted off the Pembrokeshire coast, the Welsh government has announced.
Budget: 350,000 small firms at risk of ‘shrinking, restructure or closure’ unless energy bill help extended – FSB March 13, 2023 Companies on fixed-term energy contracts are at risk of being exposed to ultra-high prices, warned a leading industry group.
Sunak to challenge Biden over US green subsidy package at upcoming talks March 13, 2023 The UK and US will “work through” concerns about green subsidies, Rishi Sunak revealed ahead of talks with President Joe Biden.
It’s time to move away from burning wood pellets for our energy needs March 13, 2023 The government should ditch the vast subsidies for biomass if it is serious about green energy, argues Nicholas Earl.
Octopus pledges €1bn to boost France’s green energy market with one million customer target March 13, 2023 Octopus has announced plans to further expand its investment strategy in France with a billion euro spending pledge.
Lithium discovery could revive Cornwall’s industrial past as new green energy hub March 13, 2023 A leading geothermal specialist has discovered lithium at its development projects in Cornwall, which could make the county a new green hub.
Budget: Childcare support and energy bills on Hunt’s to-do list March 12, 2023 Ending the prepayment meter penalty on energy bills and boosting childcare support for the poorest parents are among measures set to be announced in the spring budget. Chancellor Jeremy Hunt this weekend confirmed households on prepayment meters will no longer pay more than people on direct debits, as of July 2023. Energy security secretary Grant [...]
Hunt pledges £20bn for carbon capture and nuclear ramp-up in clean energy push March 11, 2023 The government will commit billions of pounds to new energy projects at next week’s budget, in a bid to compete with rival markets.