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.
Got the minerals? China’s control of key metals poses challenges for green transition, IEA warns January 12, 2023 China's dominance over tight supply chains could jeopardise the global shift to green technology, warned a leading climate body.
Npower urges Government to help businesses cut energy use January 10, 2023 The Government needs to offer more support for businesses looking to boost their energy efficiency, argued Npower.
Goldman Sachs warns EU risks clean energy exodus as US lures investment January 10, 2023 Europe risks an exodus of clean energy investment to the US, unless it brings in its own inflation strategy, warns Goldman Sachs.
FTSE 350 firms up spending on ‘carbon offsets’ in race to net zero January 8, 2023 The UK’s top listed companies are increasingly using carbon offsets to achieve their net zero goals, new research shows. The vast majority (96 per cent) of Britain’s FTSE 350 companies have already upped expenditure on carbon credits over the past 24 months, while almost half (47 per cent) intend to increase spending dramatically over the [...]
Greencoat Renewables begins buying spree with flurry of wind farm deals January 3, 2023 Greencoat Renewables has expanded its European portfolio of renewable assets with a flurry of fresh acquisitions.
Britain baulks at Biden’s £330bn green subsidy package December 23, 2022 Britain has voiced its disapproval of Joe Biden’s extensive US package for green subsidies, warning they are protectionist and could harm UK energy firms. Kemi Badenoch, the UK’s international trade secretary has reached out to her US counterpart, criticising the Biden administration’s £327bn ($395bn) green economy package. In a letter seen by the Financial Times, [...]