SSE hikes profit expectations powered by oil and gas prices January 20, 2023 SSE has raised its profits forecasts from 120p to 150p per share for the full-year, following soaring oil and gas prices.
Energy bills: Octopus tops Which? survey with SSE and Scottish Power trailing behind amid calls for more customer support January 20, 2023 Octopus Energy has topped a well-known annual customer survey, after winning over households with its customer service.
UK and EU at risk of losing green energy projects to US unless investment matched, renewable firms warn January 18, 2023 The UK and European Union are at risk of losing green energy projects to the US - if they fail to match its new investment environment.
National Grid pays wind farm operators £82m to turn off fans amid calls to ramp up battery plans January 17, 2023 National Grid forked out £82m to operators of wind farms last month to constrain supplies and reduce output amid blustery conditions.
Fresh vote of confidence in North Sea oil and gas industry with bumper licensing round January 17, 2023 Over one hundred bids have been made for new projects in the North Sea, in a huge vote of confidence for the embattled industry.
Energy storage: UK puts faith in tech to harness the renewable revolution January 17, 2023 The UK is turning to technology to meet its energy needs as renewables' role in the domestic energy mix continues to grow.
ITM Power’s shares plummet 14 per cent after hydrogen specialist makes third profit warning in eight months January 16, 2023 Shares in ITM Power nosedived 13.5 per cent on the London Stock Exchange this morning, after a third profit warning in eight months.
Davos: Energy prices will remain above pre-Covid levels but they will be less volatile says Equinor boss January 16, 2023 The boss of one of one of the world’s largest energy companies has warned that high energy prices are here to stay. Anders Opedal, CEO of Equinor – which is bigger than BP, made his comments ahead of the Davos World Economic Forum conference in Switzerland. Opedal, who was speaking on BBC Radio 4’s Today [...]
UK risks missing out on ‘growth opportunity of the century’ due to climate action delays as it falls behind in ‘net-zero race’ January 14, 2023 The UK is not in line to meet the environmental target - and has fallen behind rival economies in the "net-zero race" warns a new report.
Big fans: Wind powers half of UK’s energy needs with new record generation day January 12, 2023 Wind power generated record amounts of energy earlier this week, topping 21 gigawatts for the first time ever on Tuesday evening.