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Energy

  • PayPoint hits back at competition lawsuit as legal showdown looms

    July 20, 2023

    PayPoint has hit back at accusations it entered into anti-competitive agreements with energy suppliers in the prepayment market.

  • AMTE Power shares tank 50 per cent after battery firm issues administration warning

    July 20, 2023

    AMTE Power is on the brink of administration, with shares plummeting on the London Stock Exchange.

  • SSE reiterates earnings target despite waning wind generation

    July 20, 2023

    Electricity output from renewables has lagged behind SSE's expectations this year, with generation lessened by poor weather conditions.

  • Global electricity demand expected to slow as recession fears take hold, says IEA

    July 19, 2023

    Global growth in electricity demand is expected to slow this year, the IEA predicts, amid the energy crisis and an economic downturn.

  • Energy suppliers could have to hand money back to customers in Ofgem price cap review

    July 19, 2023

    Ofgem could order suppliers to pass money back to customers this winter as part of its latest review of the price cap.

  • Severn Trent invests up to £1bn amid increasing scrutiny on water suppliers

    July 19, 2023

    Severn Trent expects to invest up to £1bn this year improving its infrastructure amid increasing scrutiny on the crisis-hit sector.

  • Woodside misses revenue estimate but sticks to guidance

    July 19, 2023

    Australian No.1 oil and gas producer Woodside Energy said second-quarter sales tumbled due to weaker commodity prices and maintenance work.

  • National Grid completes £1.7bn subsea cable project connecting UK to Denmark

    July 18, 2023

    National Grid has boosted the UK's green energy hopes, after completing the world's longest land and subsea interconnector.

  • Mega UK Jaguar Land Rover battery plant could be announced this week

    July 18, 2023

    The government is on the cusp of securing a long-term deal from Tata Group to build a new range of EV Jaguar and Land Rover models.

  • Fission for funds: Shapps confident Sizewell C nuclear project will find investors

    July 18, 2023

    Britain's nuclear ambitions will find support in the private sector, hopes Grant Shapps, as he today launched the UK's new industry vehicle.

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