Energy crisis: Govt and energy firms agree runaway gas and electricity bills should be avoided in 2022 but they fail to say how December 28, 2021 The government and UK’s largest energy companies agreed late last night that “UK customers have to be protected” from soaring gas and electricity prices in 2022, although it was not clear how they plan to do that. The meeting with Business Secretary Kwasi Kwarteng came after Labour and a boss of a major energy provider [...]
Government summons energy chiefs for emergency meeting as gas prices climb and climb December 24, 2021 Energy industry bosses have been summoned for a meeting with the government today to address rapidly rising wholesale gas prices. Business Secretary Kwasi Kwarteng will meet with chief executives of major suppliers on Monday, according to The Times, which reports the bosses are likely to ask for tax cuts and the relaxation of green levies. [...]
Tata Steel to provide steel for Dogger Bank Wind Farm December 22, 2021 Tata Steel will support the world's largest offshore wind development with hundreds of tonnes of UK-made steel.
Octopus Energy expands into India after announcing green energy deal with Sterlite Power December 19, 2021 Octopus Energy will work with Sterlite Power to strengthen India’s renewable infrastructure and help decarbonise the country.
Government injects £285m into renewable energy support scheme December 13, 2021 The biggest ever round of the UK Government’s flagship renewable energy support scheme is opening to applications today, with £285m available a year for building the next generation of Great Britain’s green energy projects.
Foresight appoints new infrastructure co-chief on strong demand for sustainable investments December 9, 2021 London-listed sustainable investment manager Foresight has this morning announced the appointment of Ricardo Piñeiro as a new co-head of its infrastructure division, as the group expects the trends driving its rapid growth in sustainable infrastructure investment to continue apace. Assets under management rose 13 per cent to £8.1bn in the six months to 30 September, [...]
Dogger Bank C: World’s largest offshore wind farm passes last milestone before £9bn construction December 2, 2021 Joint venture partners SSE Renewables and Equinor said this morning that they have reached financial close on Dogger Bank Wind Farm C, the third phase of what will be the world’s largest offshore wind farm when complete in March 2026. SSE Renewables and Equinor have started constructing the first two phases of the 3.6GW Dogger [...]
Energy crisis: Government sets aside £1.7bn to save ‘too-big-to-fail’ supplier Bulb November 25, 2021 Nearly £1.7bn is set aside by the government to allow Bulb to continue supplying energy to its customers as it tumbled into administration. In court on Wednesday, the company was put into special administration, which will allow it to continue to trade for the time being. The £1.69bn loan will be set aside by Government [...]
Exclusive: En+ chairman and former minister Lord Barker warns ‘don’t expect a big bang’ from COP26 November 14, 2021 Many eyes were on Lord Gregory Barker of Battle earlier this week, as ‘his’ global energy giant En+ was at the heart of COP26’s complex ecosystem of executives, government reps, lobbyists, NGOs and activists in Glasgow. Lord Barker was appointed independent chairman of the En+ Group board of directors in October 2017, just before the company’s [...]
Climate change tech: What heat pumps could do for your home, and your wallet October 29, 2021 As the energy crisis rages on amid rising gas prices, UK householders are facing a change in the way we heat our homes to tackle climate change. Here are some answers to the key questions about one of the main technologies we could use instead of gas boilers. First, what is a heat pump? In [...]