Sunak’s failure to shadow US IRA “could cost UK £224 billion by 2050”: Aldersgate
The Sunak government's inadequate commitments to strip heavy carbon pollution out of UK industry along the lines of President Joe Biden’s Inflation Reduction Act...
Shelling out, Kraken’ on: Octopus buys Shell Energy UK & Germany
Octopus Energy Group today won a bidding contest to buy Shell Energy in the UK and Germany, taking on two million new home energy...
Britain backs nuclear fuel supply for Ukraine, as Shapps visits Kyiv
Energy security secretary Grant Shapps met officials in Kyiv yesterday, in a show of support for Ukraine's power industry.
Shapps confirmed to energy bosses British...
Britain “risks lagging rivals for inward renewables investment”: EnergyUK report
The Sunak government’s mixed messaging around energy policy risks Britain being surpassed this decade as a destination for renewables investment, a report published by...
Solar energy innovators Naked buff up with Baltic partners
British solar engineering innovators Naked Energy have signed their latest European distribution deal with Axioma Service, Lithuania‘s leading provider of comprehensive engineering services.
Linking generation of electricity...
Tata induced to build UK’s biggest EV battery factory in Somerset
Ministers were celebrating this morning the decision of a consortium led by Indian conglomerate Tata to invest over £4 billion into a factory making...
Ukraine trio spur Scottish Power towards Net Zero
Scottish Power’s call for 1,000 new recruits to speed up the UK's journey to Net Zero has been answered by a trio of skilled...
Octopus pledges £1.5 bn to Japan & Asia
Green power mega developer Octopus will invest £1.5 billion in Asia’s energy markets by 2027, helping speed the region’s transition to cleaner, smarter energy.
The...
Play nice with Brussels to slash British wholesale costs, Energy UK urges
Better co-operation between Britain and the EU on energy trading & carbon pricing could cut wholesale energy costs by hundreds of millions of pounds...
Shell earns £7.6 billion in 2023’s first quarter
Oil & gas supermajor Shell exceeded market hopes, posting record profits of £7.6 billion for the first three months of the year, it told...
Xlinks secures £30 million more, preps for next stage of Africa-Devon pipeline
British renewables mega-engineers XLinks have taken on £ 30 million of new equity, secured to fund the next phase in building their 3,800 kilometre...
France and Norway feed UK’s return to net electricity imports
2023’s opening quarter saw an end to the UK’s previous nine months as a net exporter of power, energy data analysts EnAppSys have revealed.
The...
Brexit bonus? Octopus invests in solar potential of Land of the Rising Sun
Japan was confirmed this morning as British clean electricity generator Octopus Energy’s foothold into more Asian expansion.
Greg Jackson’s privately held behemoth-in-the-making announced today its...
High power prices slow firms’ investment & recruitment, 2,300 tell ABB
Sustained high energy prices are deterring spending by large and small companies on recruitment, training and investment in productivity upgrades, research commissioned by multinationational...
Octopus deepens presence in France
Britain’s third-largest energy supplier Octopus Energy is to invest Euro 1 billion in France’s green energy market over the next two years.
The investment will...
Recyclable blades in RWE’s “world’s first” installation off England’s North East
Turbine blades capable of being broken down into their component chemistries are targeted for a world’s first deployment in Britain’s coastal waters.
Mega-utility RWE has...
Ofgem needs legal mandate to drive Net Zero, ENA & Green Alliance tell Shapps
Britain’s energy regulator needs an explicit mandate from lawmakers so it can be the UK’s centre for achieving Net Zero, leading energy & environmental...
Harmony and Downing trumpet clean power buys
Two London-quoted investment funds were today separately celebrating new power assets joining their portfolios.
Harmony Energy Income Trust, which invests in UK battery energy storage,...
Quick shot! Britain’s RES to tilt at Spanish windmills
Hertfordshire-based clean energy developers and operators RES Group are entering Spain’s and Portugal’s wind turbine business.
IM FutuRe have inspected and repaired over two thousand...
Guarantees of origin “could raise half capital needed to meet EU 2030 renewables goals”,...
An Oslo-based consultancy believes Europe’s growing market for honesty in proving electricity’s absence of fossil fuels could be worth as much as 57 Billion...