Fuel robbery: Thugs manage to steal £250,000 of diesel from Babcock-run tanker on high-security Royal Navy base April 7, 2022 Thieves reportedly managed to steal a huge volume of diesel from a high-security naval base, as the Ministry of Defence has launched an investigation. They made off with fuel from tankers at HMNB Devonport in Plymouth that was used to power electricity generators at the base. The stolen fuel was due to fill up generators [...]
UK Energy Strategy: Experts weigh in on plans to transform the domestic energy sector April 7, 2022 Analysts and experts assess the state of the UK's energy sector with the government announcing plans to boost domestic production.
What does the current volatility mean for energy transition investing? April 5, 2022 | City Talk The driving forces behind the energy transition remain as strong as ever and the current market volatility has only enhanced these trends. There is a lot going on in the financial markets right now. Meaningful inflation has returned for the first time in decades. Supply chains everywhere continue to be disrupted. Geopolitical and social tensions [...]
Britain must build a green economy to ‘eliminate Russian fuel from our energy mix once and for all’ April 4, 2022 Britain must build its green economy to “eliminate Russian fuel from our energy mix once and for all”, the International Trade Secretary is to argue today. Speaking during a visit to Norway, Anne-Marie Trevelyan will say the UK must first use its relationships with “reliable energy partners” to “meet our needs, protect our supply chains, [...]
Starmer brands Tory response to rising cost of living ‘pathetic’ as windfall tax on energy firms rekindled April 1, 2022 Boris Johnson’s government’s response to energy price rises has been “pathetic”, as he rekindled Labour’s bid for a one-off windfall tax on oil and gas firms in a bid to reduce bills. This comes after millions of households were plunged into fuel poverty today caused by the uplift to the cap on energy bills sending [...]
Energy analysts welcome renewable plans but warn support for households still needed March 30, 2022 Onshore wind will provide the UK with long-term energy security but won't resolve this winter's energy crisis, according to energy experts.
Cabinet row over wind farms as 90 per cent of Brits say they’d live near a turbine March 28, 2022 A cabinet row about offshore wind threatens to destabilise the UK’s energy policy, as a new poll suggests 90 per cent of Brits would be happy to live near a wind turbine. Two ministers clashed over the approval of wind farms off the Suffolk coast, which would generate enough energy to power 1.2 million homes. [...]
Rishi Sunak needs to tell a story if he wants to keep a hold on the economy March 23, 2022 In an interview with the Sunday Times earlier this month, Gordon Brown gave a quote that was both reflective of his past failings and the challenge that lies ahead for Rishi Sunak. “I’m afraid we didn’t win the argument. You learn as you get older, or at least more experienced, that the facts are not [...]
Nuclear energy leaders to meet Prime Minister Boris Johnson next week, as UK continues to wean itself off Russian fuel March 18, 2022 Nuclear industry leaders are set to hold talks with the prime minister next week, as Britain continues its bid to wean itself on dependence on Russian energy. It has been reported that executives from companies such as EDF and Rolls-Royce will meet Boris Johnson on Monday, alongside US industrial giant Westinghouse, according to Sky News’ [...]
Ceres flies flag for green hydrogen with increasing revenue in 2021 March 17, 2022 Ceres Power Holdings, which produces fuel cell and electrochemical technology, experienced a 44 per cent increase in revenue last year, in part thanks to a £179m fundraising campaign to support green energy. The firm benefited from handing out major contracts, registering a £250m in cash and investments, up from £110m in 2020. Its successful fundraiser [...]