‘UK simply hasn’t gone far enough’ to tackle cost issues for offshore wind – as Brits face extra £530m bill by 2030 May 3, 2023 The UK will fall short of the government's offshore wind targets this decade, with developers facing serious cost challenges for projects.
A green price to pay: Why offshore wind’s rising costs pose a challenge for renewables May 3, 2023 Offshore wind generation is now facing real cost challenges for building new turbines raising the prospect of higher prices.
BP unveils further bumper profits as oil and gas price hikes continue to fuel energy giant’s earnings May 2, 2023 BP has unveiled its second-highest first-quarter profit in more than a decade, posting healthy earnings over its first three months of trading.
UK on course to miss decarbonisation goals, MPs warn April 28, 2023 The UK will fail to reach its decarbonisation goals via the grid by 2035 - unless it significantly speeds up deployment of technology.
MPs urge government to protect North Sea wind farms from Russian sabotage April 28, 2023 The government must protect renewable energy assets in the North Sea such as wind turbines from Russian sabotage, MPs have warned.
BP staves off activist rebellion as embattled chairman keeps his seat April 27, 2023 BP has convinced shareholders to back its climate agenda, fighting off pressure from activist investors at its AGM today.
UK and EU hope to use North Sea to fight Putin’s energy supremacy April 25, 2023 The UK has joined forces with its European allies to ramp up renewable energy generation and bolster the continent's security of supplies.
Household bills should reflect lower costs of renewables sooner, Ovo boss tells government April 24, 2023 Ovo Energy has urged the government to speed up plans to separate electricity prices from gas prices to drive down bills.
BP: Activist investor urges toughening up of climate agenda – as pressure builds on energy giant’s chair April 24, 2023 Follow This has urged investors to back its proposals to toughen BP's climate agenda amid intense pressure on its chairman Helge Lund.
North Sea countries to pledge massive ramp up of wind energy April 22, 2023 Energy ministers from European countries surrounding the North Sea will pledge to quadruple offshore wind energy capacity.