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Energy

  • Ofwat close Yorkshire Water case after shareholders cough up £100m to reduce storm overflows

    October 13, 2022

    Ofwat has closed its case against Yorkshire Water, after it agreed to recover £1bn loans and shareholders committed £100m to reduce spills.

  • Lloyds and Aon team up to build customer resilience to Ukraine conflict

    October 13, 2022

    The insurance industry must help customers build resiliencethe Russian invasion Ukraine, according to new research from Lloyd’s and Aon.

  • Oil, gas and fracking key to UK’s green goals, says climate minister

    October 12, 2022

    Oil, gas and fracking projects developed in the UK are good for the environment and energy security, argued the new Climate Minister.

  • Energy bill fears: Tesco sales of air fryers triple and electric blankets up 500 per cent

    October 12, 2022

    Brits have flocked to buy air fryers and electric blankets in a bid to cut their energy use ahead of the winter. Supermarket giant Tesco reported the countertop frying appliance which deep-fries food without oil experienced a tripling in sales over the past year. Sales rocketed 200 per cent year on year as customers look [...]

  • UK top of the charts for offshore floating wind as global projects boom

    October 12, 2022

    The UK remains the global leader in floating offshore wind amid a rise in global developments, according to Renewable UK.

  • Suppliers fear revenue cap could deter investment and risk supply security

    October 12, 2022

    The Government's decision to cap revenues from renewables generators risks deterring investment into the UK warned energy energy firms.

  • 27 Insulate Britain protestors arrested during attempt to block Parliament Square

    October 12, 2022

    Protestors are blocking the roads to Parliament Square, holding aloft banners and glueing themselves to the tarmac to prevent the police from removing them.

  • Renewable revenues capped in Government push to ease record bills

    October 12, 2022

    Renewable projects will be blocked from cashing in on the energy crisis, after the Government confirmed new plans to ease record bills.

  • Biden reconsidering US relationship with Saudi Arabia after oil cuts

    October 11, 2022

    US President Joe Biden is rethinking the country’s relationship with Saudi Arabia after OPEC+ unveiled heavy cuts to oil production.

  • Motorists feel the pain of higher petrol prices as OPEC bolsters oil markets

    October 11, 2022

    Prices at the petrol pumps have started to rise again after a three-month decline, according to reports from AA.

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