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Energy

  • Second coal power plant to be kept on standby as winter months loom

    July 6, 2022

    Drax Group (Drax) has reached a deal with National Grid to extend the lifespan of its two coal-fired units in Yorkshire over winter.

  • Exclusive: Energy efficiency measures sorely missed from security bill, says Good Energy boss

    July 6, 2022

    The Government has failed to include key measures which could provide significant help for households in its Energy Security Bill says Good Energy.

  • French energy firm EDF set for state takeover

    July 6, 2022

    The French government has revealed plans to fully nationalise troubled energy firm EDF - sending shares in the debt-laden power utility sharply higher.

  • Government amends windfall tax as energy body warns of supply shocks this winter

    July 6, 2022

    The Government has made several amendments to the Energy Profits Levy, with industry bodies calling for further changes ahead of winter.

  • Gas prices ease as Norway’s government steps in to stop strikes from offshore workers

    July 6, 2022

    Gas prices have dropped across Europe after the Norwegian government stepped in to end strike action from offshore workers.

  • Shell to build Europe’s largest hydrogen plant

    July 6, 2022

    Shell has announced plans to build Europe's largest renewable hydrogen plant in the Netherlands, which will be operational in just three years time.

  • Oil prices nosedive as recession fears rise across developed economies

    July 5, 2022

    Oil prices have plummeted a whopping $10 across both benchmarks, as recession fears curtailed demand and drove down prices.

  • West under pressure to secure energy supplies as Norwegian offshore workers go on strike

    July 5, 2022

    Europe faces further pressure in securing supplies ahead of winter , after Norwegian oil and gas workers went on strike today.

  • Shell teams up with Qatari energy giant for world’s largest LNG project

    July 5, 2022

    State-backed QatarEnergy has selected Shell as partner for the single largest project in the history of the LNG industry.

  • Exclusive: New Ofgem regulations risk stifling innovation, warns So Energy

    July 5, 2022

    So Energy's co-founder Simon Oscroft has urged Ofgem to not over-regulate the sector, if it puts more costs on consumers and hurts challengers.

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