‘They had their chance and walked away,’ Octopus boss slams rivals in Bulb battle December 7, 2022 Octopus Energy has hit back at rival firms challenging its takeover of Bulb amid a protracted legal battle over the fallen supplier's future.
Solar power set to overtake coal as war in Ukraine fuels renewables boom December 6, 2022 Solar power will become the world's biggest sources of electricity within the next five years, according to the International Energy Agency.
Exclusive: Ofgem is ‘overcompensating’ for its failures, warns energy boss December 5, 2022 Ofgem's flurry of reforms to the energy sector could stop new ideas from entering the market warned the boss of Good Energy.
LNG risks UK’s environmental goals and hydrogen strategy, warn experts November 30, 2022 The UK risks both higher emissions and undermining its energy security strategy, if it becomes over-reliant on LNG to meets its energy needs.
Ofgem pushes UK’s energy networks to go green without hiking bills November 30, 2022 Ofgem has confirmed a five-year investment package for the UK's electricity distribution network companies.
Centrica rolls out bold plans to kickstart a ‘UK hydrogen economy’ via niche player Ryze November 30, 2022 Energy giant Centrica and Ryze Hydrogen will jointly build and operate hydrogen production facilities aimed at providing a reliable supply of hydrogen for industry and transportation, the companies told City A.M. this morning. A Memorandum of Understanding has been signed and will combine expertise in order to kickstart the development of a so-called “UK hydrogen [...]
Onshore wind set for revival as backbench pressure weighs on Government November 28, 2022 The seven year de-facto ban on new onshore wind projects could finally be lifted, after Grant Shapps hinted at a possible U-turn.
SSE offloads transmission network stake to Canadian pension fund in £1.5bn deal November 25, 2022 SSE has sold a 25 per cent stake in its electricity transmission network in Scotland to the Ontario Teachers’ Pension Plan Board for £1.5bn.
Ofgem stops short of ringfencing requirements for customer balances November 25, 2022 Ofgem has announced further measures to toughen up energy markets and ensure suppliers are financially resilient.
EU fails to agree price level for Russian oil cap as splits emerge in bloc November 24, 2022 The EU is split over the price of a Russian oil cap as the West seeks to slash the Kremlin's war revenues and tame the cost of living crisis.