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Energy

  • All eyes on former hydrogen darling ITM Power’s results amid turbulence for green tech players

    August 15, 2023

    ITM Power will finally unveil its results on Thursday this week, with the troubled hydrogen specialist delaying the announcement this summer.

  • Ofgem: “Broad and crude” energy price cap needs looking at

    August 15, 2023

    Ofgem boss Jonathan Brearley has urged ministers to reconsider whether the "very broad and crude" price cap is still fit for purpose.

  • Rio Tinto suffers from China’s sluggish revival despite inching closer to mega mine project in Guinea

    August 15, 2023

    Investor sentiment towards multinational miner Rio Tinto has not improved in this week's early trading on the London Stock Exchange.

  • Solar body urges government to expand boiler scheme and mandate new panels after record installations

    August 14, 2023

    The government should expand the upgrade scheme for boilers with higher grants and mandate solar panels in new homes, says industry body MCS.

  • Oil price rally unlikely to hit $100 per barrel milestone this year, experts say

    August 14, 2023

    Oil prices are unlikely to hit $100 per barrel this year despite a seven-week rebound and tightening supplies this year, experts predict.

  • Net zero hopes are a fantasy without serious grid reform

    August 14, 2023

    The government’s attempts to revive the UK’s North Sea oil and gas industry have fuelled debate across Westminster - but grid reform is key.

  • Victorians not to blame for present water woes, report reveals

    August 14, 2023

    Government and industry claims that the UK's problems with sewage leaks are caused by ageing infrastructure have been challenged.

  • Oil records seven weeks of gains despite IEA and OPEC’s differing demand outlooks

    August 13, 2023

    Oil begins trading on Monday after recording seven consecutive weekly gains amid growing expectations of tightening supplies.

  • Octopus and Good Energy defend heat pumps amid backlash to oil boiler ban

    August 13, 2023

    Energy suppliers have given heat pumps a fresh vote of confidence despite calls from backbench MPs to slow down the shift from oil and gas.

  • Drax given biomass boost but support comes with strings attached

    August 10, 2023

    Drax has received a fresh boost for its biomass ambitions with the government committing to continued support for the industry.

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