Labour confirms budget funding for HAR1 green hydrogen projects
The UK Labour government has confirmed £2 billion of funding for 11 green hydrogen projects in its Autumn Budget.
The UK Labour government has confirmed £2 billion of funding for 11 green hydrogen projects in its Autumn Budget.
Jurgen Maier, the publicly owned energy company’s boss, will be staying hundreds of miles away.
The Autumn Budget is a chance for the government to make a bold statement on the energy transition.
Labour has promised that GB Energy will make Scotland a “clean energy superpower”.
The windfall tax on the North Sea energy sector remains a key concern for north-east businesses ahead of this month’s budget, according to a survey.
Green industrialist Dale Vince will join campaigners calling on Labour to introduce stronger environmental protections.
The Prime Minister has said his Government is not “sleepwalking” into potential “industrial devastation” over the closure of the Grangemouth refinery.
Net Zero Secretary Ed Miliband has vowed to “take on the blockers, the delayers, the obstructionists” to build clean energy infrastructure.
UK energy minister Michael Shanks has urged North Sea investors to "look beyond" the government's proposed windfall tax, despite warnings the oil and gas sector is "under threat".
UK government plans to raise the windfall tax on North Sea oil and gas firms could cause a £13 billion hit to the UK economy between 2025 and 2029, a report has found.
The Government’s clean energy policy “blitz” is getting noticed by the public and appears popular, polling suggests.
Sir Keir Starmer said his hopes of making Britain an “energy superpower” will include a key role for Wales, ahead of a wind farm visit with the new First Minister.
New government, new policies and a thirst for energy independence, but what does this grandiose phrase mean? Independence from volatile international prices, from the UK’s “broken energy market” or from the tyranny of utilities? Labour is not suggesting a UK oil and gas sector renaissance; the country will instead become a clean energy superpower. But is this achievable and is it desirable?
The windfall tax is an "appropriate mechanism" because North Sea oil and gas firms have "consistently failed to invest" in the energy transition, according to the head of a sustainable finance group.
OEUK says next few weeks will be "critical" as Treasury Minister promises ongoing talks on windfall tax changes ahead of October budget.
GMB, one of Labour's biggest financial backers and a group made up of the North Sea's biggest independent producers, have joined forces to warn about the impact government's plans on workers.
Aberdeen councillors, including Labour members, have unanimously backed a motion agreeing the UK government's windfall tax policy puts jobs and a just transition at risk.
Labour’s manifesto called for Britain to become a "clean energy superpower" and they have wasted no time in reaffirming their policies and priorities.
North Sea observers decry "utter economic insanity" as UK government confirms windfall tax increase and extension to March 2030.
An Aberdeen Labour councillor said the "negativity" of local business leaders will be to blame if his party does not select the Granite City as the headquarters for GB Energy.
The UK’s newly elected Labour government has laid out its plans to boost clean energy, but questions remain about the future of North Sea oil and gas.
Labour promised to “take the brakes off Britain” as it unveiled its energy policy priorities in the King's Speech today.
King Charles is set to deliver a speech at the opening of parliament as Labour wants to enact change, however, the energy sector is still “deeply concerned.”
Labour has promised to headquarter its public energy firm in Scotland - but is yet to stay where exactly it will be based.
UK Prime Minister Keir Starmer’s new government is considering increasing subsidies for offshore wind developers in an upcoming auction, part of a bid to remain on track for ambitious clean energy goals.