Hinkley C , the owner of , has blamed Brexit, Covid and inflation for its announcement that it could delay and cost £2.3bn another nuclear power plant. France’s EDF announced
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As wholesale gas prices continue their decline despite the new global political turmoil, it is expected that household energy bills will fall by 16 percent or just under £300 per
After being personally lobbied by Emmanuel Macron, a British nuclear startup dropped its plans to build a groundbreaking power plant in Cumbria in favor of investing £4bn instead in France.
According to estimates by a leading energy think-tank, installing carbon capture and storage at Britain’s biggest power station could eventually cost bill payers an extra £1 billion per year. Drax
Scottish Power's £5.4 billion investment in green energy cables marks a vital step towards a net-zero future. Learn about the plan's key components and its significance for the UK's energy grid.
Qatar has stopped shipments of LNG through the Red Sea, a move which could force Britain into relying on its emergency fuel stocks. As Houthi rebels attacked vessels near the
It has been revealed that Britain’s vast gas network still relies on a fleet aging aircraft engines. Some of these engines were removed from RAF Lightning fighter planes built in
According to the International Energy Agency, the growth of renewable energy capacity in 2023 was the fastest in the past 20 years. This could help the world reach a major
According to the official standards body of the industry, in 2023 heat pump installations will reach record levels, as well as rooftop solar panel installations. Last year, almost 190 000
Chesapeake Energy agreed to purchase Southwestern Energy for $7.4bn in an all-share transaction. This will make the company the largest US natural gas producer. With an enterprise value of approximately
EDF Energy, the French state-owned company, announced Tuesday that four of Britain’s declining fleet of nuclear plants will remain in operation for at least two more years. The operator said
Today workers will start knocking down West Burton A, a coal-fired power station on the Nottinghamshire-Lincolnshire border that gave its final sparks of electricity to the grid last March. West
The UK’s net-zero goals have suffered a serious setback as the nuclear power production in Britain has fallen to its lowest levels since 1982. According to data released by the
The regulator increased its price cap to reflect the rise in gas prices on the global market. This change will take effect on 1 January 2024, which means that average
Harbour Energy, listed in the UK, has signed a $11.2bn agreement to purchase Wintershall Dea’s oil and natural gas assets. The deal was backed by German investment firm LetterOne and
Octopus Energy raised $800m from its shareholders, valuing the company at almost $8bn. This comes just weeks after Octopus Energy became Britain’s largest power supplier. Existing investors such as Tokyo
