Shell under pressure as politicians urge firms to follow BP’s lead and ditch Kremlin-backed assets February 28, 2022 BEIS member Alexander Stafford has urged companies to follow BP's lead and sever ties with Kremlin-backed organisations.
Energy prices spike after Russia invades Ukraine February 25, 2022 Russian President Vladimir Putin’s decision to launch a full-blown incursion of Ukraine sent energy prices soaring raising fears the UK's living squeeze will tighten.
Exclusive: ‘Nuclear has a lot going for it while net zero will simply not happen’, says sceptical environmentalist Bjorn Lomborg February 22, 2022 Bjorn Lomborg is not your typical environmental thinker. A former Greenpeace activist, he is now frustrated with the state of our climate change debate – calling for constructive solutions rather than apocalyptic predictions. So what are Lomborg’s solutions? City A.M.’s Michiel Willems finds out. There is a lot to do about nuclear energy at the moment. [...]
Germany suspends Nord Stream 2 pipeline as Russian troops push into Ukraine February 22, 2022 German chancellor Olaf Scholz has halted the approval process of the Nord Stream 2 pipeline as Russia ramps up tensions in Ukraine.
Exclusive: Good Energy chief slams poorly run companies in worsening market crisis February 22, 2022 The energy crisis has been worsened by poorly managed energy firms and price competition, argues Good Energy boss Nigel Pocklington.
Ofgem appoints Yü Energy Retail to take on customers from two fallen firms February 21, 2022 Yü Energy has taken on customers from fallen suppliers Whoop Energy and Xcel Power - boosting its books with 550 customers.
Government rolls out further £200 saving to low income households with £67m insulation plan February 21, 2022 Thousands households will benefit from a further reduction in energy bills as part of the government’s insulation upgrade plans.
Ethiopia starts producing electricity from Africa’s biggest hydropower plant February 20, 2022 Ethiopia has started producing electricity at its Grand Ethiopian Renaissance Dam, a massive hydropower plant on the River Nile.
Wind farms paid to halve electricity output to prevent energy grid being overwhelmed February 20, 2022 Wind farms have been paid to stop producing electricity, according to research published in The Sunday Telegraph.
Macron to prop up EDF with over €2bn after imposing price cap on energy firm February 18, 2022 The French government will pump over €2bn into struggling energy giant EDF following its decision to limit its ability to take profits.