Drax Group Elevates Profit Outlook as Wind Energy Production Dips
British power generation giant Drax has lifted its annual profit forecast, capitalising on reduced wind farm output…
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renewable energy
Major Financial Updates Expected From SSE AstraZeneca and Walt Disney This Week
Market observers are keenly awaiting SSE's interim results this Wednesday, with particular focus on the FTSE 100…
Azerbaijan Plans New Oil and Gas Expansion Despite Hosting UN Climate Summit COP29
The Azerbaijani state oil and gas enterprise is set to significantly boost its fossil fuel production whilst…
Swedish Government Blocks 13 Offshore Wind Projects Due To National Security…
In a significant move that underscores the growing intersection of renewable energy and national security, Sweden…
Britains Coal Power Era Ends After 140 Years Marking Milestone in Energy…
The United Kingdom is set to close its final coal-fired power station at the end of September, marking the end of a…
Chinese Backed Battery Storage Project Approved After UK Security Review
The UK government has approved a significant battery storage project with connections to China after a national…
GB Energy Commences Recruitment as Headquarters Location Announcement Looms
The UK government has initiated the hiring process for GB Energy, with plans to reveal the location of the…
Disused Scottish Coalmine Set to Enter the Green Power Era
In the heart of southwest Scotland, near the village of Kirkconnel, lies Glenmuckloch, one of Britain's last…
Ofgem Approves 34bn Subsea Cable Project Connecting Scotland and England
In a significant move towards a greener future, Great Britain's energy regulator, Ofgem, has given the go-ahead for…