SLB and Aker Carbon Capture finalise joint venture deal
American oilfield services firm SLB (NYSE:SLB) has finalised its acquisition of a majority stake in Norway's Aker Carbon Capture (ACC).
Energy Transition
Highview secures funding for first UK liquid air energy storage plant
Highview Power announced on June 13 that it had secured a £300 million investment to build a liquid air energy storage (LAES) plant in Carrington, Manchester, Northwest England.
Could green hydrogen be Scotland’s renewable energy niche?
Scotland has the potential to become a global leader in hydrogen powered by offshore wind, an energy specialist has predicted.
Muirhall Energy scales back Borders wind farm plan
Muirhall Energy has scaled back plans for its proposed 350MW Teviot Wind Farm in the Scottish Borders.
UK on track to miss 2030 floating offshore wind target by 90%
The UK is currently on track to miss its 2030 floating offshore wind deployment target by 90%, according to analysis by Westwood Global Energy Group.
Centre launched to advance geothermal energy in the UK
A centre aimed at supporting the development of geothermal energy in the UK has been officially launched.
Labour manifesto promises ‘phased and responsible’ North Sea transition
The Labour Party released its election manifesto promising a “phased and responsible” transition in the North Sea and pledged to make Britain a “clean energy superpower”.
Costain chosen to lead hydrogen refuelling station study
Construction and engineering firm Costain announced on June 12 that it had been selected by Wales & West Utilities (WWU) to lead a study exploring the integration of hydrogen refuelling stations into the UK’s existing natural gas network.
Equinor boss voices frustration that projects ‘take longer in the UK’
Other countries are “the winners of the energy transition” as low carbon projects in the UK are stalled by government red tape, an energy boss has warned.
Offshore wind safety incidents almost double year-on-year in 2023
The G+ 2023 Incident Data Report recorded 1,679 offshore wind safety incidents in 2023, compared to 868 in 2022.
Octopus Energy backs INTOG offshore wind developer
Octopus Energy funds have taken a 40% stake in Simply Blue, a joint venture partner in an experimental floating wind farm off the coast of Aberdeenshire.
Vestas confirms plans for wind turbine blade factory in Scotland
Vestas (CPH:VWS) has confirmed plans for a new wind turbine blade factory in Scotland, submitting planning documents with Edinburgh City Council.
RJ McLeod snapped up by private-equity backed OCU Group
Scottish civil engineer RJ McLeod has been acquired by private-equity backed OCU Group.
SSEN and Hitachi progress Scottish subsea cable links projects
SSEN Transmission said the Western Isles and Spittal-Peterhead HVDC links remain on track for 2030 energisation.
Ørsted to install Tesla battery at offshore wind farm
Danish wind farm giant Ørsted (ORSTED.CO) has revealed plans to install a Tesla (TSLA.O) battery storage system at its Hornsea 3 wind farm in East Anglia.
Forth Green Freeport ‘open for business’ targeting green jobs growth
The consortium behind the Forth Green Freeport (FGF) say it is "open for business" following approval from the Scottish and UK governments today.
UK firms face ‘hard truths’ at Energy Exports Conference
Energy firms keen to explore export opportunities faced some “hard truths” at an event in Aberdeen.
Blaze Manufacturing Solutions aims for growth as it looks overseas
Balmoral’s Blaze Manufacturing Solutions is aiming to expand its headcount following a more than £10 million order intake.
Tories criticised over ‘pragmatic’ net zero plans in manifesto
The Conservatives have been accused of failing to seize the “economic opportunity of the century” with a manifesto that pledges a pragmatic approach to net zero.
ScotWind developer BlueFloat Energy reportedly up for sale
The investment fund owner of ScotWind offshore wind developer BlueFloat Energy is looking to sell the firm, according to Spanish media reports.
Glastonbury site hosts ‘world-first’ clean hydrogen production
In a small step toward realising the decarbonising potential of hydrogen, developer Hexla and British climate tech firm Levidian have announced a world-first example of carbon-negative hydrogen production at Worthy Farm in Somerset – home to the world-famous Glastonbury Festival.
Siemens Energy eyes biggest wind turbine to rival China
Siemens Energy AG (DE:ENR) has told customers it plans to produce its biggest wind turbine, potentially toward the end of the decade, as the company seeks to maintain its lead in one of the fastest-growing energy sectors.
Scottish National Investment Bank invests another £10m in FOR EV
The Scottish National Investment Bank (SNIB) has invested a further £10 million into electric vehicle charge point operator, FOR EV.
Norwegian gas giant Equinor to invest in German hydrogen startup
Norway’s Equinor ASA (NYSE:EQNR) is in advanced talks to become a key investor in German hydrogen startup HH2E AG in an effort to diversify its energy production, according to people familiar with the matter.
Renewable energy the ‘most important sector’ to NE Scotland’s economic future – Scottish Renewables
People in Scotland’s north east think renewable energy is the most important sector to the region’s economic future, a new poll by Scottish Renewables has revealed.