Households backed with government grants to support ramp up of heat pumps May 23, 2022 Energy users can now apply for government grants to swap their gas boilers for heat pumps, after it opened its boiler upgrade scheme today.
European Commission proposes carbon allowances sell-off to ensure energy security May 19, 2022 The European Commission announced €20bn worth of allowances will be sold to help fund its green ambitions and ensure the bloc's energy security.
Windfall tax would jeopardise North Sea investments argues UK’s offshore energy body May 18, 2022 The UK's leading offshore energy body has warned Kwasi Kwarteng that a windfall tax could undermine stability in the oil and gas sector.
Release the Kraken! Octopus expands tech platform to water and broadband services May 18, 2022 Kraken Technologies is extending tentacles into the utilities sector, with new water and broadband services.
Green levies should be taken off energy bills to ease costs, says think tank May 18, 2022 Green levies should be scrapped from bills and shifted on to general taxation to reduce the burden on households, argues the CPS.
Exclusive: Forget expensive climate plans, low-cost solution to net zero is methane abatement, says Qnergy CEO May 17, 2022 It’s six months on from COP26 and the world is a very different place, but as the war in Ukraine continues and the cost of living crisis bites closer to home, the promises made in Glasgow still stand. Net zero is the big goal, but CEO of energy firm Qnergy, Ory Zik, told City A.M. today he [...]
Drax unveils plans to build power station inside a mountain May 17, 2022 Drax plans to build a hydro power station inside a mountain, which will be housed inside a cavern large enough to fit Big Ben on its side.
Shell suffers blow as investor group withholds approval for energy transition plan May 16, 2022 A major investor has announced its intention to abstain on Shell's energy transition plans at the firm's upcoming annual general meeting.
EDF reaches deal with energy specialist to support heat pump roll-out May 16, 2022 Energy giant EDF has teamed up with CB Heating to boost its heat pump offering to customers and train more installers.
Activist investor prepares to take on Shell over climate targets May 12, 2022 Shell is preparing for a shareholder showdown at its upcoming AGM, as activists push for more stringent environmental targets.