UK government greenlights second stage of controversial Drax carbon capture project January 16, 2024 The decision letter, published this afternoon penned by the energy security and net zero minister Claire Coutinho, said that the government is satisfied the site can achieve 95 per cent capture efficiency and approved the site's zero rating.
Sizewell C: £20bn nuclear plant to begin construction after latest green light January 15, 2024 Andrew Bowie, the nuclear minister will visit the site today, as he called the triggering of the DOC a “major milestone”.
Oil from new licences ‘would make little difference’ to UK energy security January 8, 2024 Oil from new licences granted to North Sea producers and sent to UK refineries would account for less than one per cent of the fuels used here in 2030, analysis has found.
Wind industry facing turbulence in US and Europe as China emerges as low-cost competitor December 22, 2023 Margins in Europe and the US have been squeezed amid low demand, supply chain disruptions and construction delays, but prices in China have fallen dramatically.
The ‘biggest climate law ever’? What CBAM means for the UK December 19, 2023 “The biggest climate law ever in Europe, and some say in the world,” Peter Liese, lead negotiator for the European Parliament said. In reference to the Paris Agreement? Europe’s New Green Deal? Biden’s IRA? Nope – Liese was describing the carbon border adjustment mechanism, known to nerds by the catchy acronym CBAM. This wonkish-sounding legislation [...]
Sir Grayson Perry says EDF energy raised electricity bill from £300 to £39k December 19, 2023 Former BBC journalist Jon Sopel, who now presents The News Agents podcast, also said he was notified that his bill was increasing from £152 a month to £18,000.
Battery firm Gore Street feels bite of investment cooldown as profits plunge December 14, 2023 The battery energy storage firm has struggled with NAV and profit slumps since March
Woodside and Santos in talks to form Australian oil giant December 7, 2023 Combining two of Australia's largest oil and gas producers would be the largest corporate deal in the country for several years
ITM Power: Hydrogen specialist sets sights on greener pastures December 4, 2023 Hydrogen power producer ITM Power said it is making "substantial progress" towards building a solid operating year.
Stop the pile on pylons, they’re works of art December 1, 2023 Britons’ electric pylons are under attack by those who would cast these skeletal beauties into the ground or push them into the sea.
