‘Turning point’ in shift to clean power? Fossil fuel emissions from electricity due to have first EVER annual drop April 12, 2023 The world is on course for the first annual drop in the use of coal, oil and gas to generate electricity outside of a global recession or pandemic.
North Sea energy giants told to ‘read the room’ on windfall tax demands April 12, 2023 Green groups have urged the government to maintain the toughened windfall tax amid pressure from the North Sea industry.
Government risks higher wind power prices as industry slams lack of funds for auction round April 12, 2023 The latest ongoing auction window for offshore wind projects could result in higher generation prices and a shortage in bidders.
Octopus Energy wades into Asian markets with seven-figure solar farm investment April 5, 2023 Sustainable energy supplier Octopus Energy has announced its first ever investment into Asian renewables generation.
Wind power meets liquid air storage as Highview and Orsted unite – but is offshore really a long term option? April 5, 2023 Energy storage player Highview Power and wind power giant Ørsted have teamed up to try and prove the feasibility and economic value.
London listed Hydrogen One shows signs of recovery from tanking share price April 4, 2023 A London-listed hydrogen fund has seen its share price show signs of recovery after posting a bullish set of full year results.
Harbour Energy ramps up industry calls for price floor inclusion in windfall tax April 3, 2023 Harbour Energy has made fresh warnings about the UK’s investment climate amid uncertainty over a price floor in the windfall tax.
Green Day’s Good News: Here are the winners in the energy sector April 3, 2023 Green Day is over - with much of the energy industry disappointed. But there were some winners which City A.M. highlights.
Tory row erupts over response to US green subsidies after Hunt refuses to go ‘toe to toe’ with Biden March 30, 2023 Conservative MPs are divided over plans for the UK’s response to the US green subsidies scheme after the Chancellor said Britain would not go “toe to toe” with president Joe Biden. Net zero secretary Grant Shapps today unveiled proposals to ‘power up’ Britain with new energy security measures, in what was expected to be a [...]
What was in ‘Green Day’? How has the energy sector responded? March 30, 2023 Grant Shapps outlined plans to boost the UK's green energy revolution this morning, but has faced strong blowback from the industry.