Eon warns energy crisis not over yet as it ramps up renewable spending August 9, 2023 There is still a risk that gas prices could rise this winter despite the recent calming across energy markets, Eon warned today.
WeWork: Flexible office space giant raises ‘substantial doubt’ over its future August 9, 2023 We Work has suffered a sharp fall in its share price after raising "substantial doubt" over its future.
Former Britishvolt boss slams government’s EV strategy as takeover bid stalls August 9, 2023 The government lacks “innovative thinking” and a “joined up industrial strategy” to support the UK’s electric vehicle industry.
Cornish Lithium secures vital £54m cash boost after warning of financial difficulties August 8, 2023 Cornish Lithium has secured a vital cash injection to boost its lithium ambitions, with fresh backing from a group of institutional investors.
The one winner from the UK’s miserable summer?… Wind turbines August 8, 2023 Brits have been disappointed by persistent gloomy weather this summer. But there has been one winner from the overcast skies – wind turbines.
Energy system ‘broken’: Suppliers to rake in £1.7bn profits as millions of Brits grapple with sky-high bills August 8, 2023 Household energy suppliers are on course for profits bonanza over the next 12 months from customer bills, a new report suggests.
Glencore appeases shareholders with more buybacks after steep drop in profits August 8, 2023 Glencore suffered a sharp drop in pre-tax profits in the first six months of trading this year as the boom in oil and gas prices finally eased.
UK urged to abolish energy price cap in bid to boost competition and lower bills August 8, 2023 The energy price cap should be abolished, as it is raising bills for customers and stifling competition in the market.
Government will have to be ‘brave’ in the face of local opposition to meet net zero goals, former energy head warns August 8, 2023 The government will have to be "brave" in the face of local opposition to its electrification plans, a former head of energy has warned.
Ban fossil fuel alternatives to meet green hydrogen goals, says investment boss August 8, 2023 The government will need to consider banning grey hydrogen if it wants to ramp up cleaner alternatives, the boss of a leading hydrogen fund has said.
