G7 confirms plans to cap Russian oil prices September 2, 2022 Plans to impose an energy price cap on Russian oil are expected to be firmed up by G7 finance ministers when they meet later today.
Siemens Gamesa finalises sale of renewable assets to SSE for €613m September 2, 2022 Siemens Gamesa has completed the sale of its South European renewables development assets to SSE in a €613m deal.
Westminster push for North Sea fossil fuels slammed by climate groups September 2, 2022 Climate groups have criticised Westminster's latest attempts to boost oil and gas production in the North Sea.
Banks and energy companies should share burden of record energy bills September 1, 2022 Banks and energy companies shareholders should help finance a sustained freeze on record household energy bills.
Energy UK backs scheme to cut down profits from renewable generators September 1, 2022 Energy UK has called for nuclear plants and electricity generators to ditch their lucrative renewable obligation contracts.
EU considers bloc-wide tax on energy prices as winter crisis deepens September 1, 2022 The EU could bring in a bloc-wide tax on energy profits and cap prices as it ramps up its response to an escalating winter crisis.
Ovo Energy proposes ‘progressive’ support package to ease record bills September 1, 2022 The boss of Ovo Energy has called for a "progressive" support package to ease household energy bills, similar in design to the country's income tax system.
Exclusive: Green groups call for red-tape cuts to ramp up onshore wind September 1, 2022 Environmental groups and green think tanks have urged the Government to cut red-tape blocking onshore wind projects.
World’s largest wind farm launched off Yorkshire coast August 31, 2022 Ørsted has launched the world’s biggest fully-operation wind farm, 89km off the Yorkshire coast. The launch of the 1.3 GW Hornsea 2 project has seen Ørsted break its previous record, which the Danish firm previously set by launching its 1.2 GW Hornsea 1 windfarm in 2019. Ørsted’s UK chief Duncan Clark said the Hornsea 2 [...]
Europe braces for winter crisis as Gazprom halts flows from Nord Stream pipeline August 31, 2022 Gazprom has halted gas flows into the Nord Stream 1 for the next three days to complete maintenance work on the key pipeline.