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.
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.
‘They have not done anything’: Hunt slammed for failing to back solar energy in Budget March 19, 2023 The government should have prioritised boosting renewable energy such as solar power, argued the boss of a British energy supplier.
Ofgem smacks supplier with £2.1m mega-fine for overcharging customers March 17, 2023 Ofgem has slapped United Gas & Power with a hefty £2.1m fine after determining it had breached its licence conditions.
EU announces plans to lead green industrial revolution March 16, 2023 The European Commission presented the centrepieces of a strategy on Thursday to ensure the EU can compete with US and China.
UK risks losing out on green energy projects under latest government auction plans March 16, 2023 The UK will miss out on vital investment in energy projects in the upcoming renewable auction this month, warned Renewable UK.
Green Day: UK to fight back against Biden’s Inflation Reduction Act March 16, 2023 The government will finally respond to the vast package of green energy subsidies and tax cuts unveiled across the pond.
Budget: SSE boss urges Hunt to match green energy goals so UK can face down US competition March 15, 2023 A leading energy boss has called on the Chancellor Jeremy Hunt to clear the way for a "decade of delivery" on UK energy supplies.
Eon plans big investment hike in grids and retail business after optimistic outlook March 15, 2023 Eon - Europe's biggest operator of energy networks - plans to boost investment in its grids and retail businesses to £29.1bn (€33bn).