SSE: Energy giant bullish over earnings but warns renewables output ‘below expectations’ October 4, 2023 SSE expects to report earnings of at least 30 pence per share in its half-year results next month, but warns of flagging renewable generation.
Brookfield snaps up UK onshore wind developer in reported $1bn deal October 3, 2023 One of the UK's largest renewable developed has been snapped up by Brookfield in a boost to the country's onshore industry.
Tories ‘absolutely failed’ to lead debate on net zero, says minister October 3, 2023 Nuclear minister Andrew Bowie said that the Conservatives had “absolutely failed” to have a national conversation about net-zero.
Coutinho: Firms to be given more rooftop space for solar October 2, 2023 Businesses will be able to use more of their rooftops to generate solar power to reduce the technology’s presence in the countryside.
IMF warns on unsustainable rising debt burden from climate change policies October 2, 2023 Policies to tackle climate change could send debt to unsustainable levels unless governments are able to find new revenue sources, the International Monetary Fund (IMF) warned today.
UK tax climate putting a block on renewable projects, energy boss warns October 2, 2023 The government needs to reduce the tax burden on renewable producers or risk more companies pulling out of projects.
UK signs pact on hydrogen development with Germany September 27, 2023 The UK has partnered with Germany to advance hydrogen development in a bid to boost international trade, jobs and investment. Energy efficiency and green finance minister Lord Martin Callanan visited the European country to sign the agreement with Germany’s state energy secretary Philip Nimmermann. At the UK embassy in Berlin, the two nations agreed to [...]
Drax suffers share price scare after shorting schemes unveiled September 26, 2023 Drax's share price has endured a wild journey on the London Stock Exchange today, with backers seemingly spooked.
Sunak climbdown a ‘reality check’ for UK’s net zero ambitions, says energy boss September 21, 2023 Rishi Sunak's rowback of green pledges was a "reality check" for net zero, the chief regulator of gas distribution company Cadent said.
Brits split over Sunak’s net zero delays, poll reveals September 21, 2023 The British public is divided over Rishi Sunak’s decision to delay some of the UK's net zero plans, fresh polling by YouGov has revealed.