Exclusive: Government must offer more subsidies to meet green hydrogen goals October 18, 2022 Government instability and a less attractive investment climate make the UK less appealing for hydrogen projects, warns ATOME Energy.
Households will save £400 on energy bills if clock change is ditched October 18, 2022 Households could save more than £400 per year if daylight savings time was axed, according to a study from Queen's University Belfast.
Carbon capture specialist reaches deal with West Burton power station October 18, 2022 Viking CCS has agreed a partnership with independent power group West Burton Energy to capture and store emissions from its power station.
Rees-Mogg opens talks with British Steel owner over bailout and jobs October 17, 2022 The business secretary has reportedly opened formal talks with the owner of British Steel about a taxpayer bailout and job cuts. As first reported by Mark Kleinman for Sky News, Jacob Rees-Mogg wrote to parent firm Jingye Group last week and agreed that British Steel would maintain its current operations and 4000-strong work force during the [...]
Trouble ahead in April as experts unveil new gloomy price cap predictions October 17, 2022 Energy bills will rise to a whopping £4,348 per year in April, warned Cornwall Insight, without more support for households.
Gas markets slide as EU closes in on watered down price cap October 17, 2022 Gas prices are heavily down across UK and European benchmarks have fallen as the West pushes for a price cap on Russian supplies.
BP snaps up US biogas firm for £2.9bn to boost bioenergy business October 17, 2022 BP has boosted its presence in bioenergy, snapping up American biogas company Archaea Energy in a £2.9bn deal.
Furious En+ chairman hits back at Bloomberg for ‘wrong article’ on US sanctions October 17, 2022 Christopher Burnham, chairman of En+ Group, generally considered the world’s leading producer of low carbon aluminium and hydropower, has hit back at media giant Bloomberg. Its news site ran an article on 12 October making a series of allegations with regards to En+ Group’s relations to Russia and sanction compliance, which City A.M. won’t repeat [...]
Government must avoid ‘cliff edge’ after cutting energy support package October 17, 2022 The Government must ease support for households to prevent them facing a sudden uptick in their energy bills, warned the BEIS chair.
Exclusive: ‘Price cap not fit for purpose’ as Government slashes support October 17, 2022 The energy price cap is "no longer fit for the purpose" and should be reviewed, argued energy specialist Cornwall Insight.