Recent forecasts suggest that the impact of new offshore wind farms on household energy bills will be relatively modest. According to predictions by Cornwall Insights, a leading energy consultancy, these
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The chief executive of Enquest, a major North Sea oil and gas producer, has issued a stark warning about the detrimental effects of the windfall tax on offshore oil and
The United Kingdom is set to close its final coal-fired power station at the end of September, marking the end of a 140-year reliance on coal for electricity generation. This
The UK’s nuclear power sector is at a pivotal moment as Labour’s Energy Secretary, Ed Miliband, prepares to announce the next steps in Britain’s nuclear revival. Key decisions are imminent
The government’s first renewable energy auction has resulted in a record-breaking 131 new green infrastructure projects, including nine offshore wind farms. This is a notable increase from the 92 projects
The UK government has approved a significant battery storage project with connections to China after a national security review. Chancellor of the Duchy of Lancaster Pat McFadden has greenlit the
The future of a significant £900 million oil and gas project in the North Sea is uncertain as Neo Energy, the lead developer, plans to reduce investment. This decision is
Mining Executives Caution Against Mergers and Acquisitions Frenzy Amidst Dealmaking Boom Predictions
As predictions of a dealmaking boom in the mining industry gain traction, top executives are urging caution, warning against repeating past mistakes. Companies are eager to secure commodities critical for
The UK government has initiated the hiring process for GB Energy, with plans to reveal the location of the state-owned company’s headquarters in Scotland next month. The Department for Energy
It has been widly reported that the energy regulator Ofgem’s price cap is set to rise by 10 per cent on 1 October, reaching £1,717 for the average household. This
Ithaca Energy, a prominent North Sea energy firm, has reported a significant drop in its interim profit due to reduced production and declining gas prices. The company’s production decreased by
As the colder months approach, households across Great Britain are preparing for another increase in their energy bills. Forecasts from Cornwall Insight, a respected energy consultancy, indicate that the government’s
In the heart of southwest Scotland, near the village of Kirkconnel, lies Glenmuckloch, one of Britain’s last coalmines to cease production. The year was 2017, and at its zenith, the
In a significant move towards a greener future, Great Britain’s energy regulator, Ofgem, has given the go-ahead for a £3.4 billion low-carbon electricity “superhighway.” The subsea power cable, known as
The Treasury has moved to quell a heated dispute with the North Sea oil and gas industry by committing to maintain investment reliefs on low-carbon projects. This decision aims to
The development of fusion power plants, often touted as a potential game-changer in the quest for clean energy, has been a long and arduous journey. While the ultimate goal of
