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Energy

  • Ofgem pushes UK’s energy networks to go green without hiking bills

    November 30, 2022

    Ofgem has confirmed a five-year investment package for the UK's electricity distribution network companies.

  • Centrica rolls out bold plans to kickstart a ‘UK hydrogen economy’ via niche player Ryze

    November 30, 2022

    Energy giant Centrica and Ryze Hydrogen will jointly build and operate hydrogen production facilities aimed at providing a reliable supply of hydrogen for industry and transportation, the companies told City A.M. this morning. A Memorandum of Understanding has been signed and will combine expertise in order to kickstart the development of a so-called “UK hydrogen [...]

  • Norway scraps oil and gas licensing round as supply crisis looms

    November 29, 2022

    Norway has postponed its next round of new oil and gas exploration licenses until 2025, putting more pressure on the continent.

  • Pressure builds on Delta as Ofgem imposes two more provisional orders

    November 29, 2022

    Delta Gas and Power is under more scrutiny from Ofgem, after the regulator slapped the supplier with a further two provisional orders.

  • Octopus’ deal for Bulb faces further delays as rivals push for judicial review

    November 29, 2022

    Octopus Energy's takeover of Bulb Energy faces further delays after rival suppliers tabled demands for a judicial review.

  • China targets stronger energy ties with Russia as G7 price cap looms

    November 29, 2022

    China is prepared to strengthen its relationship with Russia on energy issues to ensure "international energy security."

  • Centrica tops up gas storage at Rough site ahead of winter

    November 29, 2022

    The UK has enjoyed a much needed supply boost, after Centrica revealed it has refilled the Rough storage site ahead of winter.

  • Germany backs Qatar to meet energy needs with mega LNG deal

    November 29, 2022

    Germany is gambling on Qatari gas supplies to meet its energy needs, as it shifts from Russian pipelined gas, with a long term LNG deal.

  • Energy firm Ovo to pay customers to reduce electricity usage during key times

    November 29, 2022

    Ovo confirmed this morning the energy firm has joined a scheme which could see its customers paid to reduce their electricity use at key times. The National Grid Electricity System Operator launched the scheme earlier this month and has engaged in trials with customers. On Monday, it indicated it could trigger the first live run [...]

  • National Grid avoids emergency blackout measures in supply scramble

    November 28, 2022

    National Grid opted against implementing emergency measures to stave off blackouts tomorrow, amid supply shortages from France.

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