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.
Good Energy boss warns renewable ramp up will not ease this year’s cost of living crisis March 29, 2022 Profits and gross margins at renewable specialists Good Energy have taken a hit from the crisis, but its asset sale has steadied the ship.
Ørsted sells 50 per cent stake in world’s largest offshore wind farm for £3bn March 29, 2022 Ørsted has offloaded a 50 per cent stake in the world's largest offshore wind farm for £3bn to AXA IM Alts and Crédit Agricole.
Kwarteng targets trebling of solar power capacity as part of renewable ramp up plans March 29, 2022 Business Secretary Kwasi Kwarteng backs renewable ramp up to ensure secure energy supplies, despite concerns over community backlash.
EU and UK at loggerheads over wind farms as Commission launches WTO legal challenge March 29, 2022 The European Commission has launched a legal challenge against the UK's subsidy criteria for wind farms.
Octopus Renewables Investment Trust calls for clearer direction in government energy strategy March 28, 2022 ORIT has reported a 9.3 per cent growth in NAV and fully covered dividends in its full-year results following multiple new deals.
Boris Johnson calls for wind and nuclear ramp up ahead of energy strategy announcement March 24, 2022 Prime Minister Boris Johnson has revealed the UK's new energy strategy will expand domestic nuclear and offshore wind capacity.
Energy giants face EU windfall tax March 22, 2022 Energy giants could be hit with a windfall tax from the EU - with the trading bloc weighing up a temporary levee amid high profits.
Nuclear energy leaders to meet Prime Minister Boris Johnson next week, as UK continues to wean itself off Russian fuel March 18, 2022 Nuclear industry leaders are set to hold talks with the prime minister next week, as Britain continues its bid to wean itself on dependence on Russian energy. It has been reported that executives from companies such as EDF and Rolls-Royce will meet Boris Johnson on Monday, alongside US industrial giant Westinghouse, according to Sky News’ [...]
Ceres flies flag for green hydrogen with increasing revenue in 2021 March 17, 2022 Ceres Power Holdings, which produces fuel cell and electrochemical technology, experienced a 44 per cent increase in revenue last year, in part thanks to a £179m fundraising campaign to support green energy. The firm benefited from handing out major contracts, registering a £250m in cash and investments, up from £110m in 2020. Its successful fundraiser [...]