UK household energy debt is projected to reach £6 billion in 2026 according to new analysis from consultancy Baringa. Their study reveals a quarter of households will struggle to pay
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SSE has unveiled plans to invest £33 billion in the expansion of its electricity networks over the next five years, marking a significant strategic shift for the FTSE 100 energy
Household energy consumption in the United Kingdom has fallen to near historic lows as soaring bills compel families across the nation to cut back. According to data released by officials
The recent addition of uranium to the list of critical minerals essential to the United States economy signals a significant shift in energy policy. The Department of Energy now recognises
The UK Government has opted to proceed with Rolls-Royce’s small modular reactors at Wylfa in Anglesey, declining a proposal from the American firm Westinghouse to construct a larger-scale nuclear facility
Ovo Energy is initiating significant reductions to its expenditure in a bid to secure its financial position as the company confronts heightened regulatory pressures imposed by Ofgem. The energy supplier,
Plans for a major high voltage cable factory in Scotland have been halted following the UK government’s rejection of the ambitious Xlinks undersea energy project. XLCC, the company behind the
Flooded coalmines across the UK could soon find a new lease of life as sources of low carbon geothermal heat, offering a bold answer to both energy costs and carbon
Britain’s largest oil producer, Harbour Energy, is preparing to halve its investment in the North Sea amid fierce criticism of Labour’s so called punitive windfall tax. Executives confirmed plans to
The chief executive of BP has asserted his confidence in delivering a long-awaited turnaround for the energy giant, even if oil prices decline further. After a year marked by a
Electric vehicle (EV) owners across the UK are set to benefit from a dramatic price war among charging networks that has for the first time put running costs below those
Murray Auchincloss’s rise to the top of BP raised eyebrows from the outset. Promoted following Bernard Looney’s sudden departure, Auchincloss was seen by some as an understated numbers man –
Global reliance on coal is unlikely to decline substantially in the near future for several reasons. Coal remains one of the most affordable and widely available energy sources, especially vital
Recent data highlights a sharp rise in house fires blamed on solar panels and their batteries, raising concerns about Labour’s ambitious plans to dramatically expand residential solar installations across the
Shell’s chief executive, Wael Sawan, has announced that the company is preparing to capitalise on an anticipated period of depressed crude oil prices by pursuing selective bolt-on acquisitions. Speaking to
Ed Miliband’s ambition to decarbonise Britain’s power grid by 2030 has been thrust into question this week, with the announcement of a £1.08 billion annual budget for new offshore wind