Germany’s EnBW has announced its decision to withdraw from the offshore wind projects Morgan and Mona in the Irish Sea. This decision comes in the wake of difficulties in securing
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The recent auction for offshore wind subsidies has generated significant interest, particularly as RWE emerged as the largest winner, securing five out of six contracts. However, the timeline for these
A federal court has granted permission for Orsted, the Danish renewable energy firm, to resume construction on its nearly finished Revolution Wind project off the coast of Rhode Island. This
Experts at Cornwall Insight have warned that the UK government is on course to miss its target for decarbonising the power sector by as much as a decade. The goal,
Scotland’s largest offshore wind farm has squandered approximately 77 per cent of its potential electricity generation because of insufficient capacity on Britain’s national grid. The Seagreen development, operated by SSE,
Phillips 66, a Texas-based petroleum company, has secured the assets of Prax Lindsey, one of Britain’s last operational oil refineries, following a structured sales process managed by FTI Consulting. The
Household energy bills across Britain are predicted to fall by 8 per cent from April, reducing a typical annual bill by £138 to £1,620 per year. This decline represents the
Drax Group is exploring the development of a significant data centre beside Britain’s largest power station, as it aims to meet surging electricity demand driven by artificial intelligence. The FTSE
Britain’s National Energy System Operator has initiated a sweeping review of hundreds of electricity generation projects to alleviate a critical backlog within the national grid. This measure seeks to prioritise
British households are set to shoulder billions more in energy costs following new disclosures on green subsidy funding. The Office for Budget Responsibility has revealed that an additional £1 billion
Equinor, the Norwegian state-backed energy company, has unveiled plans to drill 250 oil and gas exploration wells off Norway by 2035. The initiative, one of Norway’s largest ever industrial undertakings,
Recent financial reports reveal surging profitability for the three companies that operate Britain’s high voltage transmission networks, offering a stark contrast to the difficulties faced by other sectors under mounting
Plans have been unveiled for a five point three billion pound merger between HICL Infrastructure and The Renewables Infrastructure Group TRIG aiming to create the largest listed infrastructure company in
Shell has dealt a setback to the UK Government’s net zero strategy by announcing its withdrawal from two significant offshore wind farm developments in the North Sea. The company has
Britain is at a crossroads as government ambitions to reach net zero spark concerns among agricultural experts and Members of Parliament. A cross-party committee report warns that plans to construct
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
