Siemens bids £3.5bn for troubled wind unit as it combats Chinese imports November 8, 2022 Siemens Energy has tabled a £3.5bn bid to snap up the remaining third of shares it does not own in its troubled wind energy unit.
UK closes in on mega LNG deal with US to stave off blackout fears November 8, 2022 The UK is set to finalise a major gas deal with the US after the COP27 climate change summit in Egypt this month.
Raising windfall tax would be “disastrous” for Britain, says North Sea body November 7, 2022 Expanding the windfall tax would be "disastrous", warned a leading North Sea group in a letter to Chancellor Jeremy Hunt.
Lithium group backs Britain’s green energy transition with new refinery November 7, 2022 A battery-materials start up has chosen Teeside, to build its new lithium refinery in a post-Brexit vote of confidence for the UK.
North Sea industry set to be dominated by major oil and gas players November 7, 2022 The North Sea will become dominated by oil and gas majors, revealed forecasting specialist Welligence Energy Analytics.
Government must investigate energy pricing for businesses, urges hospitality body November 7, 2022 The boss of one of the country's leading hospitality bodies has urged the Government to look into energy pricing for commercial businesses.
The West faces copper crisis as China dominates key markets November 7, 2022 The West has fallen behind rivals such as China in the race to secure copper supplies, warns a leading expert.
Sizewell C nuclear power plant ‘under review’ as Sunak looks to limit spending November 4, 2022 The Sizewell C nuclear power plant in Suffolk is reportedly under review as the Government looks to limit spending. The new reactor, located some 30 miles north-east of Ipswich, was expected to be built by energy firm EDF. Boris Johnson promised £700m of taxpayers’ money to the project in his final policy speech in early [...]
Breezy does it: Wind generates 20GW for the first time ever November 3, 2022 Wind power generated more than 20GW of power domestically for the first time ever yesterday, revealed National Grid.
Gas prices climb amid renewed concerns of winter shortages November 3, 2022 Gas prices spiked this morning, with capacity reductions at gas fields in Norway powering the latest uptick in spot prices.