UK Gov accused of ‘great Scottish renewables robbery’ over grid charging
Aberdeen South’s SNP MP Stephen Flynn has slammed the UK Government over what he is calling the “great Scottish renewables robbery”.
renewables
What is the ideal low carbon energy mix? More questions than answers
Every country is trying to figure out how to create a secure, clean and affordable energy system. So what’s the ideal low carbon energy mix for the UK?
Second chance for mothballed BiFab yards
It is more than a year since the unceremonious collapse of Burntisland Fabrications (BiFab) and the apprehension that followed.
Success only came after some pain for Blaze
Diversify into Green Energy they say, “pivot”, but those who have successfully achieved this know it takes time and the path is fraught with danger... with the devil being in the detail.
The colours of hydrogen: what does 2022 have in store?
As 2021 draws to a close and the energy world starts to look ahead to 2022, there seems little doubt that the role of hydrogen will loom ever larger over government energy policy, both here in the UK and globally. So what specifically should we expect?
SSEN Transmission calls for timely approval of Peterhead to Yorkshire ‘electric superhighway’
It has been warned that any delays to plans for an “electric superhighway” between Scotland and England could cost the taxpayer millions of pounds.
Kwarteng urged to use powers to adjust ‘out of date’ transmission charges
Westminster’s Business Secretary Kwasi Kwarteng is being urged to use his powers to address the issue of fair grid access for renewables projects.
New consortium to explore geothermal energy projects in Northern Ireland
A new consortium of leading businesses and academics has been formed to explore and develop deep geothermal energy projects in Northern Ireland.
$10.75bn Australian green hydrogen export project set to go ahead
The proposed $10.75 billion 10GW Desert Bloom hydrogen scheme in Australia’s Northern Territory (NT), backed by an as yet unidentified Japanese gas buyer, looks set to proceed next year after being granted major project status by the local government.
The new Industry Mutual Hold Harmless Scheme – why you should consider signing up
A unique aspect of how the oil and gas industry operates is the concept of the mutual hold harmless indemnity – this is a legal tool for risk allocation by which each party to a contract agrees to take the risk of injury to its own personnel or damage to its property even if caused by the other party.
Kincardine developer wins funding for Australian offshore wind project
A Scottish offshore wind firm has won more than a million pounds to accelerate the development of a project off Australia.
‘Real washing’ not ‘green washing’ – oil and gas industry needs to take action on emissions, boss says
Oil and gas businesses need to take action on methane emissions in order to prove to critics they are “real washing” and not “green washing” their credentials, the boss of a subsea technology company has said.
SSE unveils £12.5bn net zero spending pledge, plans to sell off stakes in subsidiaries
Energy giant SSE has outlined plans to invest more than £12 billion in the coming years to accelerate progress to net zero.
Subsea 7 back in profits with ‘significantly higher activity’
Subsea 7 was back in profits with a surge in revenues in the third quarter amid “significantly higher activity”.
Grid charging reforms would achieve ‘lasting-legacy’ from COP26, says trade body
Calls for ministers to overhaul the grid transmission charging system have been reignited in the wake of UK hosting COP26.
World’s largest hydro-floating solar farm goes live in Thailand
A floating solar farm that’s equivalent to about 70 soccer fields in size has begun generating power in Thailand, reflecting the country’s push to achieve carbon neutral status by 2050.
Port of Cromarty Firth planning expansion ahead of renewables boom
A further expansion is being planned at the Port of Cromarty Firth (PCF), in Invergordon, ahead of the expected boom in offshore renewables activity there.
Aker Solutions expects ‘increased market activity’ despite Q3 profits dip
Aker Solutions said it is expecting “increased market activity” going forward after profits dropped in the third quarter.
Simec Atlantis Energy board member resigns with immediate effect
Troubled renewables firm Simec Atlantis Energy (SAE) (LON: SAE) has announced that one of its board members has left with immediate effect.
Why connectivity is key for the future of energy
Today, connectivity underpins the everyday operations of the energy sector. Without reliable network connections, the lights go off. It's that simple.
Italian dynasty explores sale of clean energy firm Falck Renewables
Falck Renewables’s founding family is exploring options for the Italian clean energy developer including a potential sale, people with knowledge of the matter said.
India can do more on climate by 2030 even as it snubs net-zero
India plans to take more ambitious climate action by 2030, even as the nation pushes back against pressure to set a target for net-zero greenhouse gas emissions.
Japanese oil major buys renewable energy firm for $1.8bn
Japan's biggest refiner, Eneos Holdings (TYO:5020), said yesterday it would buy Japan Renewable Energy (JRE) for about 200 billion yen ($1.8 billion) to expand its low-carbon business. Significantly, the move marks the first major acquisition of a big renewable energy firm by an established Japanese oil wholesaler.
India’s Reliance accelerates push into renewable energy with two acquisitions
Mukesh Ambani’s Reliance Industries (NSE:RELIANCE) acquired a Norwegian solar panel maker and an Indian builder of renewable projects in a bid by the oil-to-retail conglomerate to extend its dominance into alternative energy.
Eni to sell stake in gas & power retail, renewable unit in IPO
Eni will sell a minority stake of its Gas&Power retail and renewable businesses in an initial public offering.