Thursday, July 16, 2020

William Hill takes a big punt on the US market

Farewell to the FOBTs, if only in super-charged form. William Hill is off to the US to seek its fortune. That, at least,...

National Grid profit hit by US tax reform, storms and shelved project

Profits National Grid edged down in the first half of the year, hit by storms in the US and the country’s recent tax...

The government isn't quite ready to drop its obsession with nuclear | Nils Pratley

There was excellent news within Hitachi’s decision to shelve its plan to build a £16bn nuclear plant at Wylfa in Anglesey. Finally, a...

UK renewable power generation reaches record high

Renewable power generation in the UK reached a record high in 2018, while electricity generated from fossil fuels fell to a record low,...

Npower-SSE merger wins go-ahead from competition watchdog

The competition watchdog has provisionally given the green light to the merger of npower and the retail arm of SSE, removing the final...

Power suppliers in talks with Ofgem over network payments holiday

Energy suppliers are locked in discussions with the regulator about potential financial support to head off the collapse of some of the weaker...

West Midlands canals to help heat hospitals in renewable energy drive

The canals of the West Midlands may seem an unlikely source of warmth, but these waterways could soon be used to heat hospitals...

Greenpeace activists board BP oil rig as it is towed out to sea

Greenpeace activists have boarded an oil rig in the Cromarty Firth in protest at plans by BP to drill new oil wells in...

How Britain ended its coal addiction

At Aberthaw Power Station on the coast of South Wales, Tom Glover examines a dwindling pile of coal, for what may be the...

Winter surge is death rattle of UK’s coal industry

The UK has kicked its coal addiction, despite returning for a quick fix in the depths of winter. Britain’s electricity system went more...

Cuadrilla records largest tremor at Lancashire site

Shale gas company Cuadrilla has recorded the largest tremor to date at its Lancashire fracking site.With a magnitude of 2.1, it followed a...

BP boosts stake in solar firm amid clean energy plan for its offices

BP has increased its stake in British solar venture Lightsource BP as it prepares to strike a deal to power its offices with...

Indigenous Mapuche pay high price for Argentina's fracking dream

The roar of the burning gas well could be heard almost a mile and a half away, from atop the high plateau where...

Conn’s strategy given cold shoulder by Centrica investors

Centrica chief executive Iain Conn has rarely been accused of lacking self-belief.Even with shares down more than 70 per cent since he took...

Cuadrilla pauses UK fracking after third tremor

Cuadrilla has had to pause fracking for shale gas at its site near Blackpool in northern England on Monday after the third earth...

Exxon has misled Americans on climate change for decades. Here’s how to fight back

Today, the state of New York will face off with ExxonMobil for oral arguments in the trial alleging that the company misled investors...

Energy customers face bailiffs as Ofgem allows debt collecting again

Gas and electricity customers face the prospect of debt collectors chasing up unpaid bills after the energy industry regulator told suppliers they no...

Ofgem plans UK energy price cap

British household energy suppliers will not be allowed to charge more than an average of £1,136 per year for gas and electricity under...

Ethical investing: a solar scheme with the power to change lives

Fight the climate crisis and earn a return of 5% at the same time, plus enjoy a guarantee on your investment. That’s the offer...

UK energy-saving efforts collapse after government subsidy cuts

Efforts to end fuel poverty and energy waste by making the UK’s draughty homes more efficient have collapsed by almost 85%, according to...

A million homes lined up for energy bill cuts

One million more homes in England could be in line for help to cut their energy bills under the government’s latest strategy to...

Oil and gas firms 'have had far worse climate impact than thought'

The oil and gas industry has had a far worse impact on the climate than previously believed, according to a study indicating that...

IFS warns Labour renationalisation may delay low-carbon economy

Labour’s plan to renationalise large chunks of the economy risks years of disruption that could delay Britain’s transition to a low-carbon economy, a...

Big oil is the new big tobacco – and Congress must use its power...

Greta Thunberg summed up 2019 in five words: “Our house is on fire.” In Australia, this is now literally the case. Wildfires there have...

UK government lifts block on new onshore windfarm subsidies

The UK government has abandoned its opposition to subsidising new onshore windfarms, four years after ministers scrapped support for new projects. The government has...

UK firms will face 'deliberate disruption' to hit zero carbon goal

UK companies must brace for the government to deliberately disrupt or phase out business areas that are unfit for a net zero-carbon economy,...

Converting coal plants to biomass could fuel climate crisis, scientists warn

Plans to shift Europe’s coal plants to burning wood pellets instead could accelerate rather than combat the climate crisis and lay waste to...

Offshore windfarms 'can provide more electricity than the world needs'

Erecting wind turbines on the world’s best offshore sites could provide more than enough clean energy to meet global electricity demand, according to...

Toshiba's failure shows private sector cannot deliver nuclear future for UK | Phillip Inman

If the government was keen to boost Britain’s nuclear industry, it was always clear that the private market could never deliver. The decision by...

Drax to buy £700m of assets from Iberdrola

UK power supplier Drax will buy £702m worth of rival Scottish Power’s assets from its parent company Iberdrola as it continues its shift...