Campaigners have written to Member of Parliament for Suffolk Coastal, Jenny Riddell-Carpenter, about the billions spent on nuclear project Sizewell C, after costs were speculated to end up spiralling to £40 billion.
The UK’s climate tsar Emma Pinchbeck warned against getting “left behind” in the energy transition.
Orsted said on Monday that it expects to record an operating profit of 24.8 billion Danish kroner (US$3.4b) for 2024, a slight uptick on 2023, despite being hit with a hefty US impairment bill.
The solar energy harvesting market is expected to more than double in value within a decade, with one forecast suggesting sun power could account for at least half of all electricity in the UK by 2034.
Global investment manager Quinbrook Infrastructure Partners has invested £100 million of equity into Aegis Energy to fund a roll-out of hydrogen refuelling infrastructure for fleets in the UK.
BlackRock has launched a new low-carbon “transition” fund that will invest in decarbonising materials such as steel.
Four more banks have left the Net-Zero Banking Alliance (NZBA), a fortnight after Mark Carney announced a shift in strategy at affiliate the Glasgow Financial Alliance for Net Zero (GFANZ).
Bill Winters, CEO of Standard Chartered – one of the major banks left in the Net Zero Banking Alliance – stressed the urgent need to partner on climate action.
EDF Group’s chief executive Luc Rémont has hit back at the national French auditor’s claims that the energy company should delay its investment in UK nuclear power project Sizewell C.
A fuel cell company from West Sussex now trades on the main market of the London Stock Exchange and has its sights set abroad, according to its CEO Phil Caldwell.
Siemens Energy will start producing recyclable wind turbine blades at its factory in Hull this spring, a spokesperson has confirmed.
Christopher O’Shea, chief executive of British Gas owner Centrica, has said he is “worried” about low gas reserves this winter.
Does energy transition finance need recategorising so decarbonisation isn’t left behind?
Emma Pinchbeck, the new chief executive of the Climate Change Committee, told a government inquiry on Wednesday that the UK needs a “comprehensive strategy” for industries affected by the net zero transition.
A blackout warning issued the day after NESO revealed that renewables accounted for half of electricity generation last year highlights the importance of interconnectors in grid ‘balancing’.
A campaign group has urged the NAO to review the UK government’s spending assessment for the nuclear power project in Suffolk.
An association of energy companies has urged the UK government “to recommit” to phasing out gas boilers by 2035, warning that the future of the country's heating should be “clean, secure, and a driver of economic growth”.
Teesworks Ltd, the UK’s largest freeport and a major low-carbon industrial regeneration site in the North of England, has posted a slump in revenue and profits, one year after a government probe into its sale to private owners.
Conservative ministers in Scotland have warned of a potential “domestic energy trap” if the government’s green targets result in importing liquefied natural gas (LNG) from Qatar and the United States.
Ecotricity founder Dale Vince, a Labour donor, has called for an urgent cost review of the Sizewell C nuclear power station and Net Zero Teesside carbon capture project.
In our exclusive interview, Centrica boss Chris O’Shea discusses his green ambitions for Britain's multinational energy company.
British energy supplier Centrica is prepared to “walk away” from a planned investment in the Sizewell C nuclear plant, according to its chief executive.
French energy supplier Engie plans to develop a 'green' gas plant in North Yorkshire that will play a role in “reducing reliance on imported natural gas”.
Heat pumps are at least three times more efficient than gas-fired boilers, according to the latest research from two separate UK government-backed reports.
UK minister of state for industry, Sarah Jones, has said she is convinced hydrogen should “be at the heart” of plans to grow the economy and reach net zero by 2050.
