ITM Power’s shares plummet 14 per cent after hydrogen specialist makes third profit warning in eight months January 16, 2023 Shares in ITM Power nosedived 13.5 per cent on the London Stock Exchange this morning, after a third profit warning in eight months.
Davos: Energy prices will remain above pre-Covid levels but they will be less volatile says Equinor boss January 16, 2023 The boss of one of one of the world’s largest energy companies has warned that high energy prices are here to stay. Anders Opedal, CEO of Equinor – which is bigger than BP, made his comments ahead of the Davos World Economic Forum conference in Switzerland. Opedal, who was speaking on BBC Radio 4’s Today [...]
Big fans: Wind powers half of UK’s energy needs with new record generation day January 12, 2023 Wind power generated record amounts of energy earlier this week, topping 21 gigawatts for the first time ever on Tuesday evening.
Greencoat Renewables begins buying spree with flurry of wind farm deals January 3, 2023 Greencoat Renewables has expanded its European portfolio of renewable assets with a flurry of fresh acquisitions.
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.