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.
Don’t let the NIMBYs win: Onshore wind is essential to UK’s energy future February 13, 2023 The government must commit to lifting highly restrictive onshore wind planning laws if it is serious about the UK's energy policy.
New hydrogen levy is ‘harmful’ and could stoke inflation, Tory MPs warn February 12, 2023 Plans for a new tax on energy bills to fund research into hydrogen have been opposed by senior Tory MPs arguing it would be “harmful."
IEA: Surging renewables to become dominant electricity source within three years February 11, 2023 Electricity demand and worldwide energy supplies are becoming increasingly weather dependent, reveals the IEA.
Energy suppliers to halt forced prepayment installations, Shapps confirms February 11, 2023 Energy firms will stop forcing vulnerable households onto prepayment meters amid pressure on the industry from Downing Street.
Russia slashes oil output by 500,000 barrels per day in response to Western sanctions February 11, 2023 Russia will cut oil production by 500,000 barrels per day after the West imposed price caps on Russian oil and products.
UK risks ‘mothballing multi-billion pound projects’ by persisting with windfall tax on electricity generators – green energy boss February 9, 2023 The UK risks losing out to US and EU if it persists with the windfall tax on electricity generators, says a green energy boss.
Drax rules out power cuts as Unite announce nine days of strikes at energy plant February 8, 2023 There is no threat to electricity supplies to homes and businesses, argued energy giant Drax, despite Unite's calls for strikes.