Rolls-Royce joins forces with Fortum to explore SMR projects March 22, 2023 Rolls-Royce SMR has teamed with Fortum up to explore opportunities to develop small modular nuclear reactors in Scandinavia.
Government allocates £1.8bn funding for energy efficiency boost across UK homes and public buildings March 22, 2023 The government has allocated over £1.8bn to boost energy efficiency and cut emissions across homes and public buildings across England.
Billions could be saved by building a flexible electricity system March 22, 2023 The UK could be saving around £17bn every year if it builds a flexible electricity system, MPs have been told.
TotalEnergies awaits solution on £22bn Iraq energy deal, CEO says March 22, 2023 The stalled agreement between Iraq and Total Energies over a £22.1bn energy project has yet to find a resolution, its CEO said.
SSE backs UK’s first pumped hydro scheme in 40 years with £100m funding March 21, 2023 SSE will invest £100m in the UK's first pumped hydro storage scheme in 40 years, but warns against further investment uncertainty.
UK faces supply crunch as gas and nuclear power plants close, warns Drax as it halts key biomass project March 21, 2023 The UK is facing a significant shortage in power that can be brought online at times of peak demand, warned Drax.
Newcleo announces plans for €1bn fundraiser as it targets UK nuclear industry March 20, 2023 A potential nuclear power player with ambitions for the UK market is working to raise up to €1bn equity in an upcoming equity raise.
Silver prices soar as investors turn to precious metal amid banking crisis March 20, 2023 Silver prices climbed above $22 per ounce today as investors turned to the precious metal amid an unfolding banking crisis.
Oil toils: Crude prices tumble as global banking chaos triggers recession fears March 20, 2023 Both major oil benchmarks have plummeted in this morning's trading, with investors spooked over the instability in the banking sector.
North Sea oil and gas operators warned of ‘tsunami’ of industrial unrest March 20, 2023 North Sea oil and gas operators are being warned of industrial unrest after workers voted to strike over jobs, pay and conditions.