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,
Energy Transition
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.
Altrad completes ‘year of integration’ following transformative growth
Engineering firm Altrad Group has surpassed €5.3 billion (£4.5bn) in revenue for the 2023 financial year, an increase of 38% on its 2022 results after two years of "transformative growth".
Former NSTA operations boss joins CCS engineering venture
Carbon Circle UK has appointed Scott Robertson as its general manager, as the venture looks to support the UK’s growing roster of energy transition projects.
Aberdeen’s Balmoral appoints new director to strengthen global offshore wind ambition
Aberdeen firm Balmoral has announced the appointment of a new non-executive director as the company aims to cement its global offshore wind ambition.
Subsea sector seeks to ‘dominate’ market for floating wind expertise
UK subsea sector leaders plan to use their oil and gas expertise to “dominate” the floating wind mooring and dynamic cables markets in coming years.
Orsted says US offshore wind deals protect against inflation shocks
The head of Danish energy giant Orsted says the US is an attractive place to build new offshore wind farms even after inflationary shocks devastated the sector over the past year.
Half of young people rule out career in oil and gas
A new survey of early-career workers suggests nearly half the general population would not consider a job in oil and gas, as industry leaders ponder how to plug a looming skills gap.
UK to pull out of controversial energy treaty as talks falter
The UK will pull out of a controversial post-Cold War energy treaty after talks to bring the accord in line with the country’s climate goals stalled.
‘CCS-hub’ Magnus platform could be powered by geothermal – study
EnQuest’s Magnus platform has potential to be powered by geothermal energy if converted for carbon capture and storage (CCS), a study has found.
CCS project pipe fills as customers ready for “leap of faith”
Carbon capture and storage (CCS) is starting to take shape, as industry takes steps to decarbonise and confidence growing from customers.
Scottish offshore wind port projects move to second stage of SIM process
Scottish Government announces Stage 2 projects under the Strategic Investment Model
Veri Energy boss Salman Malik unveils his green dream for UK North Sea
Sullom Voe will continue to 'define the economic landscape of Shetland', he told guests at Prosper's Annual Lecture in Aberdeen.
‘Worry’ over BP Aberdeen Hydrogen Hub delay
The BP Aberdeen Hydrogen Hub was initially set to be sanctioned in "early 2023".