Wind farm developer threatens to sue UK government over plans for ‘windfall tax’ December 28, 2022 A Cheshire wind farm developer has threatened to sue the UK government over its plans to impose a ‘windfall tax’ on renewables companies. Community Windpower – which owns 1.5 GW of UK wind generation capacity – has said it will take legal action to block the UK’s Electricity Generator Levy. The temporary tax imposes a [...]
Nuclear fusion: Scientists announce breakthrough that ‘paves way’ for clean energy December 13, 2022 US scientists have announced an historic achievement which could “pave the way” for clean power through nuclear fusion ignition. Calling it a “major scientific breakthrough” the experts at Lawrence Livermore National Laboratory (LLNL) conducted the first ever controlled fusion experiment in history. The experiment, which took place on 5 December, involved getting more energy out [...]
Octopus’ deal for Bulb could breach EU state aid rules, argues Centrica December 12, 2022 The sale of Bulb Energy to Octopus Energy could breach EU state aid rules in Northern Ireland, argued Centrica.
Government must reveal more about onshore wind plans, say experts December 8, 2022 Energy experts have urged the Government to reveal more details about its proposed consultation to revive onshore wind.
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.
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.
Biffa CFO to leave waste management firm for packaging manufacturer DS Smith November 18, 2022 Biffa’s financial chief has stepped down from his position as the waste management firm’s chief financial officer to join packaging manufacturer DS Smith. Biffa CFO Richard Pike is set to leave his position after four years at the UK’s second largest waste manager. Pike’s exit comes after US private equity firm Energy Capital Partners (ECP) [...]