UK government officials have subtly conceded that the cost of renewable and other low-carbon technologies essential for the rapid transition to net zero is higher than that of using fossil
Energy30- Page
545Articles
British gas plants are positioned to receive substantial windfall payments this winter, following a pattern of multimillion-pound payouts from the previous cold season. The National Energy System Operator (NESO) reports
Oil prices retreated and global equities advanced as market sentiment shifted towards optimism regarding the Iran-Israel conflict, with traders increasingly confident the situation would not develop into a broader regional
Britain’s largest producer of carbon dioxide, essential for operating theatres and the food and drink industry, has issued a stark warning of “imminent” closure following the recent US-UK trade agreement.
In a remarkable transformation, Mark Carney, once heralded as the Bank of England’s greenest-ever governor, has executed a striking policy reversal. The former central banker who adamantly advocated leaving 80%
The European Commission has proposed reducing the price cap on Russian oil exports in a bid to tighten sanctions, further restricting the Kremlin’s revenue streams. The proposal, led by Commission
Nigel Farage, leader of Reform UK, recently visited Aberdeen, the heart of the UK’s oil and gas industry, to welcome a defecting Conservative councillor into his party. This is the
The UK government has confirmed that Labour’s £13.2 billion Warm Homes Plan will not face cuts during the upcoming spending review. This announcement signals a decisive victory for Ed Miliband,
The owner of British Gas, Centrica, has signed a £20 billion agreement with Norwegian energy company Equinor to guarantee long-term gas supplies for the United Kingdom. This contract, spanning ten
Members of Parliament have voiced ongoing concerns about the speed and cost-efficiency of the nuclear clean-up operation at Sellafield, sparking broader concerns over public safety, environmental risks, and taxpayer value.
UK ministers are reportedly on the brink of giving the green light to the Sizewell C nuclear power station in Suffolk, potentially within a matter of weeks. Labour leader Keir
After the Iberian Peninsula suffered its largest blackout in decades last month, the focus on Europe’s renewable energy strategy has sharply intensified. This unprecedented power cut left millions without electricity
BP has officially commenced the process of selling its Castrol lubricants business, with expectations to fetch between $8 billion and $10 billion. Reliance Industries and leading private equity firms such
Network Rail has signed a pioneering 14-year deal to power its mainline railway stations using solar energy, marking a significant milestone in the rail sector’s commitment to sustainability. The agreement,
Britain’s energy bills could be reduced by at least £2 billion annually through reforms to prevent costly gas-fired power plants from setting wholesale electricity prices. According to Adam Bell, a
Jakob Stausholm, the Chief Executive Officer of Rio Tinto, has announced his decision to step down after less than five years at the helm of the global mining giant. The