Budget: SSE boss urges Hunt to match green energy goals so UK can face down US competition March 15, 2023 A leading energy boss has called on the Chancellor Jeremy Hunt to clear the way for a "decade of delivery" on UK energy supplies.
Eon plans big investment hike in grids and retail business after optimistic outlook March 15, 2023 Eon - Europe's biggest operator of energy networks - plans to boost investment in its grids and retail businesses to £29.1bn (€33bn).
Meter scandal: British Gas were ‘aware’ of forced pre-payment visits, says Arvato March 15, 2023 British Gas was aware of every visit third parties took to people’s homes for forced prepayment installations, confirmed Arvato.
Harbour Energy proposes carbon capture scheme to meet UK energy goals March 15, 2023 A proposed carbon capture, storage and transport project in the Humber region could help the UK meet its net zero goals, predicts Harbour.
Budget exclusive: Hunt weighs up price floor on windfall tax over fears key North Sea project could collapse March 14, 2023 The government is weighing up plans to bring in a windfall tax price floor amid fears Equinor could pull out of a key oil and gas field.
Centrica anticipates power boost as EDF extends lifespan of ageing nuclear fleet March 14, 2023 British Gas owner Centrica expects to boost its electricity generation following EDF's decision to expand lifespan of two nuclear plants.
Big Six energy firms ‘asleep’ and should be worried, Yu Group chief warns after record profits March 14, 2023 The Big Six are “asleep” and should be worried about challengers scooping up their customers, argued the boss of Yu Group.
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.