Centrica profits fall as it progresses green investment plan
Centrica PLC (LON:CSA) posted operating profit of £1.55 billion for 2024, in line with market expectations, as the energy company progressed its green-focused investment plan.
Centrica PLC (LON:CSA) posted operating profit of £1.55 billion for 2024, in line with market expectations, as the energy company progressed its green-focused investment plan.
Campaigners have written to Member of Parliament for Suffolk Coastal, Jenny Riddell-Carpenter, about the billions spent on nuclear project Sizewell C, after costs were speculated to end up spiralling to £40 billion.
EDF Group’s chief executive Luc Rémont has hit back at the national French auditor’s claims that the energy company should delay its investment in UK nuclear power project Sizewell C.
The UK’s Sizewell C nuclear power plant is likely to cost around £40 billion, according to the Financial Times.
A campaign group has urged the NAO to review the UK government’s spending assessment for the nuclear power project in Suffolk.
Ecotricity founder Dale Vince, a Labour donor, has called for an urgent cost review of the Sizewell C nuclear power station and Net Zero Teesside carbon capture project.
The Government is to press ahead with building a new nuclear power plant at Sizewell C in Suffolk, the Chancellor announced.
A multibillion-pound project to build a new nuclear power station has been given the go-ahead, more than two years after plans were first submitted.
The East of England Energy Group’s (EEEGR) SNS 2022 Energy Integrated in the East event will launch later this month on the 25th May, the same day the planning decision for Sizewell C is expected.
“Scotland will become the offshore wind capital of the world, I think that’s inevitable,” says Martin Dronfield, chairman of the East of England Energy Group (EEEGR), "but the East of England can and will become the integrated energy exemplar in the UK.”
Business leaders are calling on the Government to secure the future of the nuclear industry and support tens of thousands of jobs.
The $28 billion Sizewell C nuclear station is touted as an anchor for Britain reaching net-zero emissions, yet its reactors will compete with wind farms over the North Sea horizon. On gusty days, where will the plant’s excess power go? Toward making hydrogen.
The success of the hit 2019 TV series Chernobyl has done the reputation of nuclear power no favours.
Wildlife groups have criticised plans to build a new nuclear power station on the Suffolk coast, warning it could harm important nature in the area.