OGUK ‘developing detailed action plan’ for North Sea emissions reduction
Oil and Gas UK (OGUK) is "developing a detailed action plan" for North Sea emissions reduction, the representative body's top boss has revealed.
Renewable energy
Australia could add record amounts of renewable power in 2020 – Rystad
Australia is set to add a record amount of renewable power in 2020, driven by growing corporate demand for clean electricity and to fill generation gaps created by the retirement of aging coal-fired plants.
SSE clears way for renewables with completion of £500m deal with Ovo Energy
UK energy giant SSE has confirmed it will complete the £500 million sale of its energy services arm to Ovo Energy today, clearing the way for the firm to focus on its renewable energy portfolio.
Renewables should be high on new UK government’s agenda as climate conference beckons – SSE
Jim Smith, Managing Director of SSE Renewables, calls on the UK Government to recognise the unique opportunity of COP26 and help shape the climate change fight.
The cheapest barrel is the cleanest barrel
The North Sea is known for adapting to change and this year has demonstrated an indication of resilience in the sector. Confidence has slowly returned to a market which has changed dramatically in the last five years.
The Net Zero Energy conundrum
Global energy demand has been rising inexorably for well over 30 years – from around 8 billion tonnes of oil equivalent in the early 1990s to nearly 14 billion tonnes of oil equivalent today. The rate of increase was 2-3% per annum until 2000 but accelerated to nearer 5% per annum since then as large populations in China and India got wealthier.
Lib Dems set out £100bn plan to generate 80% of power from renewables
The Liberal Democrats have set out a £100 billion spending plan to tackle climate change.
Northern Ireland can be renewable energy ‘world leader’, SDLP leader claims
Northern Ireland should become a world leader in renewable energy technology to help fix the climate, SDLP leader Colum Eastwood said.
Energy firms risk misleading customers on ‘renewable’ tariffs, utility watchdog says
Energy firms risk misleading environmentally conscious customers with tariffs marked 100% renewable electricity, according to a Which? investigation.
Scottish renewable energy hits ‘record generation’ in 2019
Electricity from renewable energy generation in Scotland has reached record levels in the first quarter of 2019, new figures from the Department for Business, Energy and Industrial Strategy (BEIS) has shown.
Petrofac wins work on second platform at Dutch North Sea windfarm
Petrofac has been awarded work on a second platform at a windfarm in the Dutch sector of the North Sea.
Scotland’s marine economy gets £5bn growth forecast
A new report has forecasted that Scotland’s marine economy will grow seven-fold to be worth £5billion by 2035 if it can successfully develop key industries.
Brexit uncertainty has ‘slowed’ offshore wind investment, Woodmac says
The uncertainty surrounding Brexit has "slowed" UK offshore wind investment, according to analysis by Wood Mackenzie (Woodmac).
Looming Brexit prompts UK drop in renewables index, EY claims
The UK has dropped one place in the renewable energy attractiveness index due to Brexit, according to EY.
Renewables produces almost a third of UK power in Q2
Renewables such as wind and solar generated almost a third of British power in the second quarter of the year, Government figures show.
Oil firm Vitol announce £177m renewables fund
Dutch-founded oil firm Vitol has announced a £177 million renewable energy fund aimed at generating investment in renewable energy assets in Europe.
Marine group fires renewables Brexit impact warning shot at government
The Offshore Marine Management (OMM) group has fired a Brexit warning shot across the bow of the UK government claiming the renewable energy industry could be "compromised" under the EU Withdrawal Bill.
RBS vows to stop funding coal-fired power stations, Arctic oil projects
RBS will no longer provide backing for projects that are at odds with the global transition to low carbon.
Saudi Arabia plans up to $7 billion of renewables this year
Saudi Arabia expects to start up to $7 billion of renewable energy projects this year, with solar plants leading the way.
WorleyParsons’ new energy director is looking to tomorrow
As global energy companies look at how to use renewable energy sources there is no doubt that more appointments, like that of group managing director Tony Frencham, will become more commonplace.
New York to become the new “Windy City”
New York State Governor Andrew Cuomo has announced that the city will open two bidding auctions in 2018 and 2019 to develop offshore wind power in a bid to reduce greenhouse gas emissions.
Scotland’s ‘world-leader’ status in renewables must be maintained, say campaigners
Scotland must continue to build on the success of its renewable energy industry in the new year, campaigners and industry groups have said.
Moray East Wind Farm’s 950K houses powered ‘very conservative’ estimate
The amount of power that can be generated from the Moray East Wind Farm is significantly more than quoted and 'very much a conservative estimate', according to a spokesman for the project.
Scotland sees a near 20% rise in renewable generation for 2017
Scottish renewable energy generation has seen a 19% rise between 2017 and the same period last year.
Solar is getting sick of being shunned in equity markets
Add Canadian Solar Inc. to the growing list of panel manufacturers looking to ditch public markets and go private.