The Centrica Interview: Chris O’Shea, chief executive officer
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In our exclusive interview, Centrica boss Chris O’Shea discusses his green ambitions for Britain's multinational energy company.
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Centrica prepared to ‘walk away’ from Sizewell C
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British energy supplier Centrica is prepared to “walk away” from a planned investment in the Sizewell C nuclear plant, according to its chief executive.
UK needs to act to take lead in £31-trillion nuclear fusion industry
The UK government needs to act now to attract companies in order to take the lead in the global nuclear fusion industry – which could be worth up to £31 trillion, new research has said.
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Confirmation of nuclear as environmentally sustainable removes uncertainty – now to build confidence
In the Spring Budget, the Chancellor confirmed nuclear as “environmentally sustainable” removing an element of uncertainty which will enable the UK to plan and finance nuclear energy infrastructure in the long term. However, building confidence in technology and equipment will be key for the UK Government in delivering new nuclear power generation.
UK labels nuclear power ‘green’ to attract climate-friendly capital
Britain will classify nuclear power as “environmentally sustainable” as the government tries to attract billions of pounds of private capital to the sector.
Do not bring nuclear energy plants to Scotland, SNP tells new minister
The SNP has warned new energy minister Andrew Bowie to keep new nuclear power out of Scotland.
South Africa picks more renewable energy plans
South Africa has announced preferred bidders for Bid Window 6 and struck a number of power purchase agreements (PPAs) for Bid Window 5 projects.
Government go ahead for Sizewell C nuclear power station
The Government is to press ahead with building a new nuclear power plant at Sizewell C in Suffolk, the Chancellor announced.
Maximise production, minimise emissions, argues Adnoc chief
Adnoc CEO Sultan Al Jaber has called for the world to produce from all the energy sources it can, while minimising emissions.
Scotland’s lack of renewables workers? Blame baby boomers
Ahead of a skills summit in Aberdeen this week, employment experts have assessed why Scotland and the wider UK has woes around attracting enough workers in renewable energy.
Renewables windfall tax ‘would skew investment towards fossil fuels’
Renewable energy generators have hit out at a new UK Government bill which they said would impose a “windfall tax” on the sector and “skew investment towards fossil fuels”.
Nuclear plant braces as super typhoon barrels toward South Korea
A nuclear plant and industrial giants in South Korea began taking precautions with the most powerful storm in the nation’s history poised to make landfall early Tuesday, after disrupting ports and air traffic across China and Japan.
Newly elected Philippines President eyes renewables and nuclear as LNG prices soar
Newly elected President Ferdinand Marcos Jr reiterated his support for more renewable energy, as well as nuclear power, and natural gas, in the Philippines, one of Southeast Asia’s fastest growing economies. The news comes as plans to import maiden liquefied natural gas (LNG) cargoes into the country have stuttered due to surging global prices.
Nuclear and renewables to edge out LNG in South Korea
A potential resurgence in nuclear power combined with increasing renewable energy capacity could see less liquefied natural gas (LNG) fueled power projects built in South Korea than previously anticipated.
EDF reports $1.3bn loss as France prepares nationalisation
Electricite de France (EDF) reported a historic loss for the first half of 2022 as it suffered a slump in nuclear output in the midst of a severe European energy crisis.
Coal plus renewables will shape energy transition in Asia as $2.9tn in power investment eyed
The coal plus renewables energy transition led by Asia Pacific’s largest growth markets – China and India – is gathering speed. Significantly, it is a lot cheaper than the natural gas plus renewables path followed by the EU and US to lower emissions.
Government go-ahead for new nuclear power station
A multibillion-pound project to build a new nuclear power station has been given the go-ahead, more than two years after plans were first submitted.
Scotland’s nuclear debate lacks ‘detailed facts’ needed to ensure energy security
Obsolete and bad information is plaguing the debate around new nuclear power developments in Scotland, according to one of the UK’s leading energy lawyers.
Transition needs set to energise China’s nuclear power sector
Nuclear power will play a crucial role in China’s decarbonisation drive with capacity set to expand 7% every year to 2035, according to S&P Global Ratings.
Norwegian designer makes bold move into nuclear shipping
More than six decades since the idea of building nuclear-powered merchant ships hit the headlines, the concept is back, radically revamped by Norwegian ship designed and builder Ulstein.
Unions left frustrated after motion to back nuclear in Scotland fails to gain traction
A pair of trade unions have been left exasperated after a planned debate around the future of nuclear energy in Scotland faltered.
Investigation launched after emergency response to chemical leak at Dounreay
A formal investigation is under way following a chemical leak at Dounreay on Wednesday night.
UK energy strategy to ‘breathe new life’ into North Sea and Net Zero
A commitment to North Sea oil and gas while ramping up nuclear, hydrogen and offshore wind, is at the heart of a new UK strategy to protect consumers from future surges in energy bills.
How ESG, and the wider energy industry, is being challenged by Russia’s invasion of Ukraine
The definitions of Environmental, social and corporate governance (ESG) have been challenged by Russia’s invasion of Ukraine, nowhere more so than in the energy sector, where companies have been forced by events to exit Russia abruptly and energy prices have soared to record levels.
Uncertainty for South Korea LNG imports as nuclear energy embraced
Following presidential elections earlier this month, energy-short South Korea looks set to pivot back towards nuclear power, leaving the outlook for liquefied natural gas (LNG) imports less certain.
Westminster aiming to ramp up renewables targets in energy security push
The UK Government is poised to drastically ramp up its renewables targets, according to reports.
Most Japanese back nuclear for first time since Fukushima
For the first time in more than a decade, a narrow majority of Japanese now support restarting idled nuclear reactors, according to a poll in the country’s top business newspaper.
Energy reality bites as Ukraine crisis unfolds
The madness in Ukraine has dramatically fast-forwarded issues that were already in the making. Soaring energy prices, over-reliance on imported gas, storage which is essential to facilitate the growth of renewables … the list goes on and on.