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Energy

  • Ofwat clamps down on dividend payments for water suppliers who won’t clean up their act

    March 20, 2023

    Ofwat will be able to stop the payment of dividends if they risk the financial resilience of water companies.

  • LME delays reopening of Asian trading after finding bags of stones instead of nickel

    March 20, 2023

    The London Metal Exchange has postponed the resumption of nickel trading during Asian hours by a week to March 27.

  • ‘They have not done anything’: Hunt slammed for failing to back solar energy in Budget

    March 19, 2023

    The government should have prioritised boosting renewable energy such as solar power, argued the boss of a British energy supplier.

  • Rolls-Royce wins funding to develop nuclear reactor for Moon exploration

    March 17, 2023

    Rolls-Royce has received £2.9m funding from the UK Space Agency to develop a nuclear reactor for a Moon base.

  • Ofgem smacks supplier with £2.1m mega-fine for overcharging customers

    March 17, 2023

    Ofgem has slapped United Gas & Power with a hefty £2.1m fine after determining it had breached its licence conditions.

  • EU announces plans to lead green industrial revolution

    March 16, 2023

    The European Commission presented the centrepieces of a strategy on Thursday to ensure the EU can compete with US and China.

  • UK risks losing out on green energy projects under latest government auction plans

    March 16, 2023

    The UK will miss out on vital investment in energy projects in the upcoming renewable auction this month, warned Renewable UK.

  • Energy bosses urge Hunt to bring in social tariff to support vulnerable households

    March 16, 2023

    Energy bosses have called for a social tariff to ease pressure on households facing record bills, with Hunt extending support in the Budget.

  • Coal for Christmas? National Grid to pursue emergency supplies for next winter

    March 16, 2023

    National Grid has been requested by the government to explore the procurement of coal power plants for next winter.

  • Green Day: UK to fight back against Biden’s Inflation Reduction Act

    March 16, 2023

    The government will finally respond to the vast package of green energy subsidies and tax cuts unveiled across the pond.

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