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Energy

  • Japan considers nuclear U-turn as winter crisis looms

    August 24, 2022

    Japan will restart more dormant nuclear plants and consider building next-generation reactors, revealed Prime Minister Fumio Kishida.

  • National Grid to pay factories for gas cuts in emergency plans to fight winter crisis

    August 23, 2022

    The National Grid has drawn up emergency plans to reduce power demand from factories across Britain as the winter crisis bites.

  • Next winter’s energy crisis will be even worse, warns forecaster

    August 23, 2022

    Next winter's energy crisis will be even worse than this year, unless the West makes fresh efforts to tame demand.

  • EDF Energy calls for more household support as price cap prediction jumps £6,500

    August 23, 2022

    Half of British households are facing fuel poverty this winter, unless the Government does more to help ease energy bills, warned EDF Energy (EDF) – one of the UK’s big five energy suppliers A household is considered to be in fuel poverty if it has to spend 10 per cent or more of its disposable [...]

  • Germany chases Canadian LNG to stave off supply shortages this winter

    August 23, 2022

    Germany is targeting Canadian liquefied natural gas to help ease its shift away from Russian gas imports this winter.

  • Iceland to launch energy labelling on food as households battle sky-high bills

    August 23, 2022

    Iceland will launch energy saving cooking guidance on packaging this autumn, as it partners with an energy firm on providing cost-cutting tips to households. Through a joint campaign, Iceland and Utilita are carrying out a dramatic overhaul of the supermarket’s own-product packaging to focus on energy efficient cooking methods. From early next month, the ‘Shop [...]

  • Bulb bailout set to balloon to £4bn by April

    August 22, 2022

    The cost of bailing out energy supplier Bulb Energy could balloon to £4bn by April unless it can be sold sooner.  Bulb became the first energy firm to fall into special administration last November, as it struggled with spiralling wholesale costs and the constraints of the energy price cap. But Bulb is currently gobbling up [...]

  • Marsh launches world’s first dedicated hydrogen insurance fund

    August 22, 2022

    Insurance broker Marsh today set out plans to launch the world’s first ever dedicated hydrogen insurance offering, to provide coverage for new and existing H2 energy projects. Marsh’s new fund will provide cover worth up to $300m per project in a bid to capitalise on a fast-growing sector that is set to see $150bn invested [...]

  • Leading farming union defends solar panels from Tory attacks

    August 21, 2022

    The UK’s largest agricultural body has defended the farming sector’s support of solar panels, despite criticism from both Tory leadership contenders.

  • Soaring energy bills could plunge Britain into a ‘humanitarian crisis,’ NHS leaders warn

    August 19, 2022

    NHS leaders have warned that soaring energy bills could plunge the UK into a “humanitarian crisis” by driving a surge in hospital admissions. The heads of NHS trusts in England, Wales and Northern Ireland called on the government limit price hikes and offer greater financial support to prevent a “public health emergency”. The NHS chiefs [...]

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