Shell’s spending on renewables falls as firm prioritises shareholder returns January 30, 2025 Shell paid out more than £18.7bn to shareholders in 2024 while cutting spending on renewable energy according to its full year results. The FTSE 100 giant reported a dip in earnings from £23bn in 2023 to £19.1bn in 2024 amid weaker oil prices and lower demand for fossil fuels. Despite the drop-off in earnings, Shell said [...]
Inflation is a wake-up call: We need energy sovereignty now November 22, 2024 Energy costs are continuing to drive up inflation because we have a system that’s tied to geopolitical speculation rather than supply and demand. The answer is to generat eclean power on and around our own shores, says Joe McDonald Every business owner remembers that feeling of dread in the winter of 2022 as energy bills [...]
Ofgem consults fund to speed up UK power projects November 20, 2024 The new scheme would provide billions of pounds to help owners cut delays, bring down costs and attract international investment, Ofgem said.
Hydrogen Future Industries PLC November 1, 2024 | Sponsored Hydrogen Future Industries Plc invests in technologies which aim to reduce the cost of hydrogen produced from renewable energy and provide hydrogen energy storage at a fraction of the cost of lithium-ion batteries. Our most advanced system in development is a unique, highly efficient wind turbine, combined with a high-performance electrolyser, which aims to generate [...]
If money’s tight, why waste it on futile GB Energy? October 28, 2024 The fiscal pain of this budget will be worse because of needless GB energy, writes Conservative Environment Network director Sam Hall.
Ministers to speed up energy ‘skills passport’ amid worker shortages October 17, 2024 The energy secretary will speed up oil and gas workers being able to transition to jobs in the renewable energy industry via a “skills passport” as workforce shortages are “hindering” the sector. Energy security and net zero secretary Ed Miliband confirmed his department will “provide project management advice” to Offshore Energies UK (OEUK) and Renewable [...]
UK and EU energy giants call for post-Brexit North Sea ‘green power hub’ October 15, 2024 UK and EU energy firms are urging their governments to overhaul the post-Brexit trading set up in a bid to construct a North Sea “green power hub” and unlock investment. Some 20 top power firms and lobby groups have written an open letter to European and British energy ministers to urge them to prioritise a [...]
Renew buys Full Circle in entry into onshore wind market October 7, 2024 Amersfoort-based Full Circle repairs, maintains and monitors assets in the European renewable energy market.
Demise of coal power is end of an era, but not an end in itself October 1, 2024 A quiet revolution occurred in the very earliest moments of this morning, probably while you were asleep. You went to bed in one sort of country, and woke up in another sort entirely. The difference is largely invisible but undeniably huge: yesterday, the UK’s last coal power station was still operational and by this morning [...]
Meet the fund managers: Renewable infrastructure in the FTSE 250 September 30, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Minesh Shah, manager of The Renewables Infrastructure Group (TRIG). How does your fund stand out from others in the same market? The Renewables Infrastructure Group (often known as TRIG) is a £3bn FTSE [...]