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Energy

  • Power firm Drax has 99 per cent of energy generated from renewables

    April 27, 2022

    Power creating firm Drax had 99 per cent of generation from renewables last year, as the firm looks to help shore up UK energy security. The company announced a series of new plants, including a 360Kt site in Alabama and 40Kt satellite plant in Arkansas, while its biomass, hydro and pumped storage elements in the [...]

  • German energy firms risk being nationalised as cabinet backs emergency measures

    April 26, 2022

    Germany's government could soon have the power to seize ownership of energy companies to secure supplies in the event of an emergency.

  • China drives global coal capacity amid pandemic recovery

    April 26, 2022

    The global capacity of power plants fired by coal rose nearly one per cent last year, driven by Chinese growth over the past 12 months.

  • New local bodies could oversee UK energy system as Ofgem continues sector shake-up

    April 26, 2022

    Ofgem has announced a review into the energy system - assessing how it is planned and operated locally - which could result in local power grids.

  • Prime Minister: Planned Welsh nuclear plant is ‘going to happen’, amid claims of a U-turn on stalled project

    April 26, 2022

    Boris Johnson has insisted a new Welsh nuclear plant is “going to happen” and there will be a “couple of reactors” at the site. The prime minister made his comments about the Anglesey-based proposed site of Wylfa after accusations of a U-turn from Labour.  Britain had reportedly been in talks with two American companies over [...]

  • EU unable to reach consensus on Russian oil embargo

    April 25, 2022

    The EU remains unable to reach a consensus for a complete embargo or punitive tariff on Russian oil and gas imports.

  • Exclusive: More than two firms remain interested in Bulb Energy’s customers

    April 25, 2022

    At least one other energy firm is still open to taking on customers from Bulb Energy, but has ruled out a full takeover bid of the collapsed supplier.

  • Swap flights for trains and no driving on Sundays to cut down energy bills suggests IEA

    April 22, 2022

    The IEA is calling for measures to reduce energy consumption, such as swapping short haul flights for trains and not driving on Sundays.

  • BP pushes forward with North Sea oil and gas project

    April 21, 2022

    BP has submitted its environmental statement for the Murlach project to the energy regulators, as it pushes ahead with plans to develop the site.

  • EU edges towards deal to share emissions cuts

    April 21, 2022

    European Union member states are closing in on a deal to share the burden of cutting greenhouse emissions within the bloc.

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