Sizewell C nuclear power plant ‘under review’ as Sunak looks to limit spending November 4, 2022 The Sizewell C nuclear power plant in Suffolk is reportedly under review as the Government looks to limit spending. The new reactor, located some 30 miles north-east of Ipswich, was expected to be built by energy firm EDF. Boris Johnson promised £700m of taxpayers’ money to the project in his final policy speech in early [...]
Breezy does it: Wind generates 20GW for the first time ever November 3, 2022 Wind power generated more than 20GW of power domestically for the first time ever yesterday, revealed National Grid.
Gas prices climb amid renewed concerns of winter shortages November 3, 2022 Gas prices spiked this morning, with capacity reductions at gas fields in Norway powering the latest uptick in spot prices.
Drax open to tougher checks on wood imports, confirms sustainability head November 2, 2022 Drax Group would be prepared to do a carbon analysis of its wood imports for its biomass facilities amid claims of
‘Dark clouds on the horizon’ warns Maersk, as it cuts shipping forecasts November 2, 2022 Maersk has warned of "dark clouds on horizon" as it cuts its forecasts for business activity until the end of year, amid recession fears.
Ithaca Energy closes in on £3bn valuation as London float looms November 2, 2022 Ithaca Energy is closing in on a value above £3bn in what could be London's largest initial public offering this year.
Sunak’s Cop-27 attendance is a facile row that sums up too much of our politics November 2, 2022 Little could more perfectly sum up the facile nature of our energy and climate debate – and indeed often our politics – than the confected row about whether or not Rishi Sunak attends Cop-27 in Egypt this month. Does anyone, honestly, believe that the Prime Minister’s attendance is going to make one iota of difference [...]
Global companies with net zero goals on course to miss climate ambitions November 2, 2022 Nearly all global companies with net zero ambitions will fall short of their environmental goals, warned Accenture.
BP’s profit bonanza reignites calls for tougher windfall tax November 1, 2022 BP has unveiled another bumper round of monster profits powered by soaring gas prices, reigniting calls for a windfall tax.
UK must overhaul planning to meet renewable goals, warns National Grid November 1, 2022 The UK will have to ramp up planning reform to meet its green energy goals, confirms National Grid boss John Pettigrew.