Friday, August 23, 2019

Power cuts spark transport chaos in London – video

Passengers were shut out of some of the country’s busiest train stations during the Friday evening rush hour after large parts of England...

Transport strife across England and Wales after widespread power cuts – live

7.11pm BST19:11 While it’s hard to be precise about how many people have been affected, especially once commuters are taken into account, the Press...

Major power cut hits large parts of England and Wales

Large parts of England and Wales are without electricity following a major power cut, electricity network operators have said, with an immediate impact...

Oil demand growth almost halves amid fears of economic slowdown

The world’s demand for oil is growing at the slowest rate since the financial crisis over fears of a global economic slowdown, the...

Winter energy bills to fall by £75 as regulator lowers price cap

Millions of British households will see their energy prices fall by £75 this winter after the regulator reduced price caps to adjust for...

UK energy bills to fall as regulator lowers cap

Energy bills for the vast majority of British households will be cut by nearly 6 per cent from October to reflect a fall...

Cuadrilla seeks extension to drill for shale gas until 2021

UK shale gas company Cuadrilla will ask for extra time to drill for shale gas at its Lancashire fracking site after its November...

Lower price cap could mean cheaper energy bills for 11m UK homes

Millions of homes in the UK could be in line for a reduction of £80 on their energy bills this winter under plans...

Nervous power networks look beyond the UK

Energy suppliers may be on the frontline of the battle to win public trust in the industry, but it is the companies behind...

German utilities firm RWE to close its last UK coal plant in 2020

German utility giant RWE will close its last UK coal plant after the coming winter, leaving only four remaining coal plants powering British...

Shell posts worst financial results since 2016 oil price crash

Company, hit by oversupply in gas market, blames slowdown in global economyRoyal Dutch Shell has blamed a slowdown in the global economy for...

BlackRock lost $90bn investing in fossil fuel companies, report finds

BlackRock, the world’s biggest investor, has lost an estimated $90bn over the last decade by ignoring the serious financial risk of investing in...

Pre-paid energy bills to rise as competition watchdog increases cap

Vulnerable energy customers face paying more for pre-payment gas and electricity meters after the competition watchdog confirmed plans to raise a price cap...

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...

Chief of British Gas owner Centrica to step down as it posts loss

Centrica, the owner of British Gas, has said its chief executive, Iain Conn, is to step down next year, as it slashed its...

EIB plans to cut all funding for fossil fuel projects by 2020

The European Investment Bank has vowed to end its multibillion euro financing for fossil fuel projects by the end of next year in...

Southern Water may introduce hosepipe ban in Hampshire

Homes in the south of England could face the country’s first hose pipe ban since 2012 due to falling river water levels in...

Low-carbon energy makes majority of UK electricity for first time

Low-carbon energy was used to generate more than half of the electricity used in the UK for the first time last year, according...

UK solar power pioneer Solarcentury profit grows 860% in a year

A UK solar power pioneer has grown its profits eight-fold by investing in subsidy-free solar farms that have helped connect millions of homes...

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...

Rolls gets government commitment for mini nuclear reactors

A Rolls-Royce-led consortium has secured a government investment commitment to develop small nuclear reactors for commercial use that the company says could boost...

New UK nuclear plants could be paid for upfront by consumers

The government has confirmed plans for consumers to begin paying for new nuclear reactors before they are built, and for taxpayers to pay...

New nuclear plants could be paid for upfront through bills

The UK government has thrown its backing behind proposals to finance new nuclear plants by having taxpayers pay upfront through their energy bills...

Energy regulator is out of touch over climate crisis, say businesses

The UK energy regulator is under fire for failing to prioritise the climate emergency as it draws up plans for Britain’s energy system....

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...

New UK nuclear funding model could leave taxpayers liable

The government will set out plans to resuscitate the UK’s struggling nuclear ambitions with a new scheme which would leave taxpayers liable for...

Iran tensions highlight UK energy supply risk

Iran’s alleged attempt to disrupt the passage of a UK crude tanker through the Persian Gulf has added to fears in oil markets,...

Cuadrilla in race to frack second well to beat deadline

Cuadrilla, the company spearheading Britain’s shale gas industry, will frack a second well in Lancashire in a last roll of the dice before...

BP boss says protests against its arts funding 'just feel odd'

BP’s chief executive, Bob Dudley, has branded the UK backlash against the oil company’s arts sponsorship the “oddest approach” in the climate debate. The...