Siemens Energy books £3.9bn losses over wind turbine unit woes August 8, 2023 Siemens Energy on Monday said problems recently unveiled at its wind turbine unit would cost it £1.9bn, well short of worst-case estimates.
Government will have to be ‘brave’ in the face of local opposition to meet net zero goals, former energy head warns August 8, 2023 The government will have to be "brave" in the face of local opposition to its electrification plans, a former head of energy has warned.
Ban fossil fuel alternatives to meet green hydrogen goals, says investment boss August 8, 2023 The government will need to consider banning grey hydrogen if it wants to ramp up cleaner alternatives, the boss of a leading hydrogen fund has said.
Just Stop Oil’s demands are ‘contemptible’, says Starmer August 7, 2023 Just Stop Oil's demands to "turn off the taps in the North Sea" are "contemptible," said Labour leader Sir Keir Starmer.
UK grid connections branded ‘greatest obstacle’ to net zero following landmark review August 7, 2023 Grid connection wait times are a "national scandal" and the "greatest obstacle" on the path to net zero, renewable energy bosses warn.
Offshore wind auctions no longer offer ‘financially sustainable prices’ August 7, 2023 The government's flagship offshore wind scheme is no longer fit for purpose, and the UK needs to establish a long-term funding plan.
More support with energy bills unlikely this winter, admits Grant Shapps August 7, 2023 Grant Shapps has warned households are unlikely to receive fresh support from the government this winter for their energy bills.
Pay households to back new electricity lines, urges former National Grid chief August 4, 2023 A new report has urged the government to offer lump sum payments to households and communities to ensure the rollout of new electricity lines.
Drax faces political storm over claims it used loophole to keep £639m from bill payers August 3, 2023 The chair of a leading Westminster panel has vowed to investigate reports Drax has been switching off one of its biomass units.
Government warned that a poor investment climate risks new UK energy projects August 3, 2023 The UK’s investment climate must be improved if the government wants to attract more private sector funding for renewable projects.