New £1bn west London data centre set to back soaring AI demand March 25, 2025 Segro and Pure Data Centres have announced a new £1bn data centre located in London’s Park Royal, set to meet the soaring demand for digital infrastructure in the UK. The centre, backed by secretary Peter Kyle, is set for completion in 2026, with operations expected from 2029. The project will support next-generation AI and cloud [...]
PM’s spokesperson cannot confirm Heathrow will reopen by Saturday March 21, 2025 In a multi-agency call convened by the government on the ongoing Heathrow closure, Downing Street could not say with confidence that the airport will reopen at midnight – though power has reportedly been restored to Terminal 4. The West London airport has been shut for the whole of Friday following a nearby electrical fire at [...]
National Grid to sell US renewables business to Brookfield February 24, 2025 National Grid has agreed to sell its US renewables business to Canada’s Brookfield Asset Management in a deal worth £1.4bn. The UK’s energy operator said the transaction would be an “important step” in long-running plans to slim down the business. National Grid sold both its Electricty System Operator (ESO) and its holdings in National Gas [...]
First privately financed nuclear project begins licensing February 17, 2025 A US start-up has formally entered the running to build four micro-nuclear plants in South Wales without a dime from the taxpayer. Washington-based Last Energy on Monday announced confirmation from the Office for Nuclear Regulation (ONR) that it had entered the nuclear site licensing process for the plans. The ONR’s notice follows seven months of [...]
Reform UK call for windfall tax on renewable energy in anti-net zero push February 12, 2025 Reform UK has said they would introduce a windfall tax on renewable energy as they announced they were “serving notice” on the industry. The party has detailed a set of “policies to undo the effects of net zero”, in the wake of a series of polls and voting intention surveys that saw it beat Labour [...]
UK’s data centre ambitions threatened by grid red tape February 6, 2025 Delays connecting to the electricity grid may risk the UK’s position in the global AI race, as proposals for new data centres are pushed down the track, experts have warned. The National Energy Systems Operator (NESO) is grappling with a major backlog, and it is understood that any proposed big infrastructure project looking to hook [...]
National Grid plans to double energy transmission with huge investment December 18, 2024 National Grid said its business plan would be the "most significant step forward in the UK's transmission network for a generation."
National Grid profit rises by a quarter following £7bn equity raise November 7, 2024 Chief executive John Pettigrew said on Thursday the group's £60bn investment plan was continuing "at pace."
UK and EU energy giants call for post-Brexit North Sea ‘green power hub’ October 15, 2024 UK and EU energy firms are urging their governments to overhaul the post-Brexit trading set up in a bid to construct a North Sea “green power hub” and unlock investment. Some 20 top power firms and lobby groups have written an open letter to European and British energy ministers to urge them to prioritise a [...]
National Grid set to earn windfall from Electricity System Operator sale October 3, 2024 National Grid has said it expects to earn roughly £70m more than previously anticipated from its Electricity System Operator (ESO), which it sold to the government last month.