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.
Capricorn ditches Newmed merger deal after activist coup February 15, 2023 British oil and gas producer Capricorn Energy has pulled the plug on its planned merger with Israeli gas group Newmed Energy.
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.
Thames Water risks £500m shortfall after April bill hike as vulnerable customers fall behind on payments February 14, 2023 Hundreds of thousands of Thames Water's customers risk falling behind on their bills when prices rise in April, according to Outra.
Woodside Energy books £3.6bn depreciation expense February 14, 2023 Australia's Woodside Energy Group will book a nearly £3.6bn expense this year, after changes in its asset depreciation calculation.
Commodity specialist Fulcrum enters AIM market after £3m fundraiser February 14, 2023 Fulcrum Metals has gained admission to the AIM market on the London Stock Exchange, following a successful £3m fundraiser.
Planning overhaul needed for UK’s energy security, nuclear industry warns February 14, 2023 The nuclear industry has urged the government to make the planning system less hostile to new nuclear projects.
Green energy firms demand National Grid boost storage after lack of facility saw it pay them £99m to turn generators OFF February 13, 2023 Green energy firms are calling on National Grid to boost storage capabilities after it handed out £100m to energy producers last month.
Energy: UK forked out £90bn protecting customers from Russian supply squeeze as Europe spent £700bn February 13, 2023 European countries have forked out over £700bn to shield businesses and households from soaring gas prices since the energy crisis began.
INEOS secures £3.1bn to build Europe’s greenest ‘cracker’ power plant February 13, 2023 The Belgian chemical arm of INEOS has raised £3.1bn (€3.5bn) to build the most environmentally sustainable cracker in Europe.