Wednesday, July 17, 2019

EU raises renewable energy targets to 32% by 2030

The EU is raising its target for the amount of energy it consumes from renewable sources, in a deal lauded by the bloc’s...

FT Guide: The Energy Transition

How new technologies and environmental concerns are transforming the balance of energy production and consumption across the world READ SOURCE

World’s first liquid air energy storage plant opens near Manchester

Andy Bounds in Manchester June 4, 2018 Print this page The UK is pioneering a new way to store power with the world’s first grid-scale liquid...

UK government eyes public stake in £16bn nuclear plant

Sylvia Pfeifer, Energy Correspondent June 4, 2018 Print this page Britain will consider taking a direct stake in a £16bn nuclear power plant planned in Wales...

Stake in nuclear plant would be dramatic change of policy for UK

Last Monday, the board of Hitachi met in Tokyo to consider the future of their proposed new nuclear power plant at Wylfa in...

Hopes for Swansea Bay tidal power lagoon to be dashed next week

£1.3bn renewable energy project set to be rejected by ministersSubsidy demanded from taxpayers higher than alternative schemes‘Another kick in the teeth’ for people...

Strike price for Wylfa nuclear plant far lower than Hinkley Point

FT Reporters May 31, 2018 Print this page The guaranteed “strike price” for electricity produced by a new nuclear plant in Wales will be around £15...

Two million UK homes face fuel price rise after SSE hikes tariffs

Sylvia Pfeifer, Energy Correspondent May 30, 2018 Print this page More than 2m customers will have to pay more for their electricity and gas bills after...

Hitachi board agrees to continue talks on Wylfa nuclear plant

Hitachi has agreed to continue negotiating with the UK over the future of a ¥3tn (£20bn) nuclear plant in Wales, in response to...

Oil companies in new rush to secure North Sea drilling rights

The North Sea “is back” after a “transformational” licensing round in which more than 60 companies secured rights to explore for oil and...

EDF in talks to sell half of its UK wind assets

EDF, the French energy group, is in talks to sell a 49 per cent stake in a portfolio of its UK wind farms...

UK considers changing planning rules to promote fracking

UK ministers were accused of “trampling over democracy” on Thursday after announcing proposals to allow shale gas exploration to go ahead without planning...

Gas bills are more expensive — and probably wrong

Experimental feature Listen to this article Play audio for this article Pause The gas that warms our homes, heats our hot water and cooks our dinner ends...

Investment in UK clean energy suffers ‘dramatic and worrying collapse’

Jim Pickard, Chief Political Correspondent May 15, 2018 Print this page There has been a “dramatic and worrying collapse” in investment in clean energy in the...

Green energy push ‘costs consumers £100m a year’

Sylvia Pfeifer, Energy Correspondent May 15, 2018 Print this page A change in the rules of auctions designed to encourage more low-carbon generation will cost consumers...

Centrica’s board grilled by shareholders

Sylvia Pfeifer, Energy Correspondent May 14, 2018 Print this page The board of Centrica endured a bruising confrontation with retail investors at its annual meeting on...

Broken boilers ramp up costs for British Gas owner Centrica

Sylvia Pfeifer May 14, 2018 Print this page Centrica, the owner of British Gas, said the extreme cold weather boosted energy demand but led to higher...

UK smart energy meter rollout hit by rising costs and delays

Gaz and Leccy are two colourful cartoon characters who wreak havoc wherever they go.“Let’s get Gaz and Leccy under control” is the message...

Competition watchdog refers SSE and Npower merger for full probe

Sylvia Pfeifer, Energy Correspondent May 8, 2018 Print this page The UK competition watchdog has referred the proposed merger between household energy suppliers SSE and Npower...

Tariffs face scrutiny in planned SSE-Npower merger

Sylvia Pfeifer, Energy Correspondent May 7, 2018 Print this page SSE and Npower, two of Britain’s “big six” household energy suppliers, are bracing for the UK...

UK Labour party split over nuclear power

The Labour party is divided over whether to back nuclear power stations in the UK, creating further uncertainty over the future of several...

EDF buys Scottish offshore wind project for €500m

EDF has bought a large offshore wind project near the coast of Scotland for more than €500m from developer Mainstream Renewable Power that...

Watchdog threatens in-depth probe of SSE-Npower merger

The UK competition watchdog has threatened an in-depth investigation of the merger of household energy suppliers SSE and Npower, unless they address concerns...

‘Beast from the East’ shows UK energy vulnerability

Britain cannot rely on Europe to help keep the lights on during extremely cold weather, a report out on Monday warns, underlining the...