European heat pump sales experienced a dramatic 23% decline in 2024, returning to pre-Ukraine conflict levels in a significant setback for the continent’s green heating transition. Industry data reveals particularly
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A nuclear power developer backed by Amazon has issued a stark warning about potentially withdrawing its UK investment plans unless the government provides clear regulatory and financial frameworks. X-Energy, headquartered
British oil giant BP has reaffirmed its commitment to operating more than 100,000 electric vehicle charge points globally by 2030, maintaining its course even as the company prepares to unveil
The chief executive of German energy giant Siemens Energy has launched a scathing critique of European Union net zero regulations, claiming they force businesses to report an excessive 1,000 sustainability
British solar developers are grappling with costly archaeological requirements that threaten to impede the nation’s ambitious renewable energy targets. The government’s push for 45-47 gigawatts of solar power by 2030
BP’s newly appointed chief executive Murray Auchincloss has announced plans to “fundamentally reset” the oil giant’s strategy amidst declining profits and mounting pressure from activist investor Elliott Management. The company
Labour’s energy secretary, Ed Miliband, has awarded a controversial £2 billion subsidy package to the Drax biomass power station, sparking intense debate over Britain’s green energy priorities. The North Yorkshire
BP, a once-formidable giant of the oil industry, is in the midst of a dramatic downfall as analysts and investors question its strategy and long-term viability. The FTSE 100 company,
Norwegian state-owned oil company Equinor has announced a dramatic reduction in its renewable energy investments, cutting its green spending budget from £8 billion to £4 billion over the next two
Danish renewable energy giant Orsted has announced the departure of its chief executive Mads Nipper following a catastrophic 80% decline in the company’s share value during his leadership tenure. The
In the shadow of a decommissioned nuclear power station, a former coal-handling port in North Ayrshire is set to host a £2 billion factory producing thousands of kilometres of subsea
The global offshore wind sector faced a significant setback as Danish energy giant Orsted witnessed a sharp decline in its share value following President Trump’s executive order to halt new
Donald Trump’s return to the White House has placed more than $300bn of potential federal infrastructure funding in jeopardy, sending tremors through the US investment community as they wrestle with
The anticipated cost of constructing the Sizewell C nuclear power station in Suffolk has seen a dramatic escalation, potentially reaching £40 billion – double the initial estimates presented to the
British Steel is set to abandon its plans for steelmaking on Teesside, dealing a significant economic blow to northeast England. The Chinese-owned manufacturer had initially proposed constructing a ‘green steel’
Renewable energy continues to forge ahead despite market pessimism following Donald Trump’s election. Whilst American sentiment wavers, European nations remain steadfast in their clean energy commitments. The European Union’s projected
