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Energy

  • France and Asia to drive nuclear power to new heights by 2030 as UK roadmap falls flat

    January 24, 2024

    Nuclear development in the UK faces an uphill battle as Sizewell C and Hinkley Point C remain mired in delays.

  • Energy security is a must, but UK’s absurd oil and gas bill won’t help

    January 24, 2024

    The oil and gas bill is a misguided solution to the UK's energy woes; we must focus on renewables instead, writes Nigel Pocklington.

  • UK government greenlights second stage of controversial Drax carbon capture project

    January 16, 2024

    The decision letter, published this afternoon penned by the energy security and net zero minister Claire Coutinho, said that the government is satisfied the site can achieve 95 per cent capture efficiency and approved the site's zero rating.

  • Sizewell C: £20bn nuclear plant to begin construction after latest green light

    January 15, 2024

    Andrew Bowie, the nuclear minister will visit the site today, as he called the triggering of the DOC a “major milestone”.

  • Oil from new licences ‘would make little difference’ to UK energy security

    January 8, 2024

    Oil from new licences granted to North Sea producers and sent to UK refineries would account for less than one per cent of the fuels used here in 2030, analysis has found.

  • Wind industry facing turbulence in US and Europe as China emerges as low-cost competitor

    December 22, 2023

    Margins in Europe and the US have been squeezed amid low demand, supply chain disruptions and construction delays, but prices in China have fallen dramatically.

  • The ‘biggest climate law ever’? What CBAM means for the UK

    December 19, 2023

    “The biggest climate law ever in Europe, and some say in the world,” Peter Liese, lead negotiator for the European Parliament said. In reference to the Paris Agreement? Europe’s New Green Deal? Biden’s IRA? Nope – Liese was describing the carbon border adjustment mechanism, known to nerds by the catchy acronym CBAM.  This wonkish-sounding legislation [...]

  • Sir Grayson Perry says EDF energy raised electricity bill from £300 to £39k

    December 19, 2023

    Former BBC journalist Jon Sopel, who now presents The News Agents podcast, also said he was notified that his bill was increasing from £152 a month to £18,000.

  • Battery firm Gore Street feels bite of investment cooldown as profits plunge

    December 14, 2023

    The battery energy storage firm has struggled with NAV and profit slumps since March

  • Woodside and Santos in talks to form Australian oil giant

    December 7, 2023

    Combining two of Australia's largest oil and gas producers would be the largest corporate deal in the country for several years

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