UK subsidies for fossil-fuel power plants swell to record
The UK will continue to subsidize fossil-fuelled power plants into the second half of this decade with operators paid a record fee to stay open.
Energy Transition
Aberdeen’s Three60 Energy secures multi-million pound deal on Sumitomo Highlands cable factory
Aberdeen-headquartered Three60 Energy has announced a multi-million pound deal with Sumitomo for work on a planned high voltage cable factory near Inverness.
Why politicians are stoking a climate backlash that threatens green goals
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.
Climate measures risk sparking social unrest, German agency warns
The European Union is at risk of widespread backlash against its climate agenda unless politicians do more to blunt the effects of rising carbon prices on low-income households, according to the head of Germany’s Environment Agency.
Heat pumps powered by community wind turbines could cut bills – report
Community energy schemes using onshore wind to power heat pumps could cut household bills by more than a quarter compared to gas, a report suggests.
Geoscience skills ‘collapse’ threatens UK net zero ambitions
"Simplistic narratives" from politicians and university academics have tarnished vital sector, experts warn.
CCC issues ‘unequivocal’ advice not to carry carbon budget surplus
The UK’s independent climate change advisors have given “unequivocal advice” that surplus emissions should not be carried forward into the Fourth Carbon Budget.
A French CEO’s pitch for more wind turbines: They’re ‘poetic’
Do you think wind turbines 'nice and poetic'? Engie SA chief executive officer Catherine MacGregor says they are.
Orsted seeks new equilibrium, outgoing COO Brown states
The offshore wind industry had been lulled into a false sense of security through cheap money and a deflationary services market, Orsted’s outgoing interim COO Andy Brown said today.
EnQuest and Aberdeen BP schemes win share of UK government’s £21m hydrogen pot
Low carbon hydrogen projects from North Sea operators EnQuest and BP are among seven UK projects set to share in £21 million of government support.
Former PM Brown backs plans for ‘North Sea 2’ supergrid
Gordon Brown says that the development of an interconnected ‘supergrid’ linking North Sea nations and powering wind, hydrogen and oil and gas is “an idea whose time has now come”.
Miliband calls out government failures, pledges just transition
The government is guilty of “sluggish decision making”, Ed Miliband, shadow Secretary of State for Energy Security and Net Zero, said this morning, setting out some plans for a change of pace under a potential Labour administration.
Lhyfe unveils plans for first UK green hydrogen plant
Green hydrogen firm Lhyfe (EURONEXT:LHYFE) has announced plans for its first UK production facility in the North East of England,
Germany to allow carbon storage to pave way for lower emissions
Germany will allow heavy industries who don’t have other ways of cutting emissions to transport and store carbon underground, a reversal of the government’s original stance as it bolsters efforts to reach climate neutrality.
Net Zero economy grew 9% in 2023 to be worth £74bn, report says
The “net zero economy” - from renewables and electric cars to green finance - grew 9% in 2023 to contribute £74 billion to the UK, a report has shown.
UK tracks off course for net zero, DNV warns
The UK has made impressive ground in its efforts to remove carbon from its energy system. As the country closes in on 2050, it will become harder – and is currently off course to achieve net zero, according to DNV.
Wind expert warns of ‘threat’ from Chinese turbine coming to Scotland
A supply chain expert has warned that including a Chinese turbine maker in Scotland’s strategic investment plans for offshore wind would be a threat to energy security.
Report finds nearly two thirds of UK energy firms consider moving investments abroad
UK Sustainable Investment and Finance Association report finds failure to implement favourable policies could see UK lose out on £115 billion in investment
Xlinks appoints new CEO to lead ambitious Morocco-UK power project
Xlinks First Ltd. has appointed a new chief executive officer to lead its ambitious plan to transmit electricity from a solar and wind power plant in Morocco to the UK via a subsea cable,
UPDATE: Siemens Energy grilled by investors over wind-turbine crisis
Chief Executive Officer Christian Bruch faced the ire of Siemens Energy shareholders looking for answers in their first opportunity to directly question the CEO since quality problems at the company’s Gamesa wind-turbine unit spiraled into record losses.
‘Choices will be felt for decades to come’: OEUK launches general election manifesto
Trade body warns that energy transition "will fail" if industry is undermined by policy.
Singapore firm secures stake in Scottish hydrogen developer Logan Energy
Singapore-based Lanxing New Energy has secured a 36% stake in Scottish hydrogen firm Logan Energy.
SGN to open ‘UK-first’ hydrogen training facility in Fife
Scottish gas network manager SGN and Fife College are to open a “UK-first” hydrogen training facility for engineers in Fife.
Carbon Capture Scotland signs Danish CO2 deal as UK policy stalls
“Instead of waiting for the government like everyone else is doing, we're being proactive and just getting on with it."
Sumitomo commits to £350m Highlands cable factory as funding package agreed
Japanese giant previously said Scottish Government funding was a deal-breaker for 330-job project.