Energy analysts welcome renewable plans but warn support for households still needed March 30, 2022 Onshore wind will provide the UK with long-term energy security but won't resolve this winter's energy crisis, according to energy experts.
National Grid posts £4bn profit amid soaring electricity and gas prices May 19, 2022 National Grid announced operating profit was up 11 per cent to £4bn as the firm continues to invest in its energy transition.
Office for Budget Responsibility warns household energy bills could double this year March 23, 2022 Energy bills could spike 40 per cent this winter, warned the OBR, placing further pressure on cash-strapped households.
China as peacemaker? Russia’s invasion of Ukraine pulls Beijing’s position into question March 2, 2022 China’s foreign minister has said today that it is “concerned about the damage done to civilians” in Russia’s invasion of Ukraine, pulling Beijing’s position on the war into question. Six days into the conflict, Russian president Vladimir Putin has been accused of war crimes for indiscriminately targeting civilians, residential areas and hospitals. Speaking to his [...]
Putin says sanctions against Russia won’t work as he vows to continue Ukraine invasion April 12, 2022 Vladimir Putin has said the West’s “blitzkrieg” of sanctions against Russia will not work as he vowed to continue his “noble” invasion of Ukraine. Putin today said peace talks with Kyiv are at a “dead end” and that the invasion is “going to plan”, despite Russian troops failing to achieve any of their major military [...]
Ferrexpo posts ‘best performance’ since start of Ukraine war July 8, 2024 London-listed Ferrexpo, a mining firm that operates out of Ukraine, has posted its best production figures since Russia's invasion in February 2022.
What impact is “greenflation” having on commodities? March 24, 2022 Under-investment in the supply of commodities across energy, metals and agriculture, as a result of policies to mitigate climate change, is limiting supply growth and driving prices higher. Commodities outperformed bonds and equities for the first time in almost a decade in 2021. Even before the Russian invasion of Ukraine, these trends looked set to [...]
Exclusive: Utilita Energy boss loses confidence in Ofgem after public warning July 18, 2022 Utilita Energy's no longer has confidence in Ofgem, after it criticised the supplier over its handling of direct debit payments.
Government slammed for failing to back onshore wind April 7, 2022 Energy analysts and industry bodies have criticised the government's failure to include onshore energy targets in its supply strategy.
Government paves way to end fracking moratorium with new survey April 5, 2022 The government has announced a survey into fracking ahead of the unveiling of its long-awaited energy strategy.