Tony Blair: Ditch the expensive ‘raincoats’ and just cut energy bills in half with mandatory green homes May 31, 2022 Free energy plans should be offered to every home in the UK to lower emissions while reducing energy bills before making them mandatory in the mid-2030s, according to a report by the Tony Blair Institute, shared with City A.M. this morning. The recommendation is one of a number of measures the report says could halve [...]
Millions of UK households could face blackouts this winter due to war in Ukraine May 30, 2022 Millions of UK households could face blackouts this winter due to global shortages of natural gas caused by Russia’s war in Ukraine, the UK government has warned. As many as six million British households could be subjected to blackouts, if Russia makes further efforts to cut off the EU’s gas supplies, according to a Whitehall [...]
Today: City hold its breath as Rishi Sunak is expected to confirm windfall tax on soaring energy profits May 26, 2022 Energy giants across the UK and investors in the City are awaiting what will come out of Westminster today as Chancellor Rishi Sunak is expected to cave in to pressure to impose a windfall tax on the soaring profits of oil and gas firms. Treasury sources did not deny reports he would use his announcement [...]
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 [...]
Oil bosses dubbed ‘the new oligarchs’ as political focus on windfall tax for energy giants grows May 12, 2022 Conservative MP Robert Halfon this morning labelled oil company bosses “the new oligarchs” as he called on the Government to hit them with a windfall tax. Speaking on BBC Radio 4’s Today Programme, he said the Government had done “a fair bit” to tackle the cost-of-living crisis but that families were still struggling with food [...]
Octopus urges landowners to register interest in onshore wind turbines for new energy scheme April 21, 2022 Octopus Energy Generation (Octopus) is encouraging land owners to register interest in onshore wind turbines, match with community demand.
SSE enters Southern European market with €580m deal for Siemens Gasa’s onshore wind pipeline April 20, 2022 SSE has boosted its European expansion plans, acquiring a vast portfolio of onshore wind developments from Siemens Gamesa.
Anti oil activists suspend disruptive protest and give the UK government ultimatum April 19, 2022 Environmental activists have paused disruptive protests and given the government an ultimatum to stop looking for new fossil fuels. Campaigners from Just Stop Oil read a letter outside Number 10 Downing Street, saying the UK government was being given an “opportunity” to halt its search for new energy sources. This comes after the group launched [...]
Renewables generated more power than gas and coal amid record wind turbine performance April 13, 2022 Renewables provided more power over the first three months of the year than gas and coal, according market specialist EnAppSys.
Boris Johnson: ‘Nuclear is coming home as UK will have a new reactor every year’ April 7, 2022 Prime Minister Boris Johnson said this morning “nuclear is coming home” as a result of the Government’s energy strategy. In a social media video to promote the plan, which is finally being released on Thursday after repeated delays and Cabinet wrangling, the Prime Minister said: “In the country that was the first to split the [...]