Suppliers hit with £2bn debt heading into winter, predicts Cornwall Insight December 13, 2022 Domestic energy suppliers could be exposed to nearly £2bn of debt. warns energy specialist Cornwall Insight.
Nuclear fusion: Scientists announce breakthrough that ‘paves way’ for clean energy December 13, 2022 US scientists have announced an historic achievement which could “pave the way” for clean power through nuclear fusion ignition. Calling it a “major scientific breakthrough” the experts at Lawrence Livermore National Laboratory (LLNL) conducted the first ever controlled fusion experiment in history. The experiment, which took place on 5 December, involved getting more energy out [...]
Ofwat offers carrot and stick approach to water firms with £300m innovation fund December 13, 2022 Ofwat will raise the size of its innovation fund to £300m, as it looks to encourage companies to improve customer service.
Exclusive: North Sea body backs hydrogen hub to power 20m homes December 13, 2022 A vast offshore hydrogen project could help power 20m homes and businesses with low carbon energy, according to the NSTA.
Environmental populism puts greener future at risk, warns North Sea boss December 13, 2022 The Government is damaging the North Sea industry through 'environmental populism' argued OEUK boss Deirdre Michie.
Octopus’ deal for Bulb could breach EU state aid rules, argues Centrica December 12, 2022 The sale of Bulb Energy to Octopus Energy could breach EU state aid rules in Northern Ireland, argued Centrica.
EU faces €100bn bill to stave off blackouts next winter, warns IEA December 12, 2022 The European Union faces a €100bn bill to stave off supply shortages next winter, warned the International Energy Agency.
National Grid ‘stands down’ plan to fire up coal units amid cold snap December 12, 2022 National Grid has turned to coal in a bid to stave off fears of supply shortages this evening amid escalating fears of blackouts.
Coal mine approval draws mixed industry response December 8, 2022 The Government's decision to approve a new coal mine in Cumbria has divided experts, politicians and industry groups.
Trafigura hands £1.4bn to shareholders after unveiling monster profits December 8, 2022 Trafigura will hand over £1.4bn ($1.7bn) to traders and shareholders after its net profit more than doubled from last year's record levels.