Drax shares fall after £2bn project misses out on UK carbon cash March 30, 2023 The owner of the UK's biggest power station is racing to secure a last-ditch lifeline for its £2bn carbon capture biomass project.
Petrofac and Hitachi Energy team up for £11.5bn offshore wind agreement March 30, 2023 Petrofac was awarded an £11.5bn framework agreement with Hitachi Energy by Dutch-German electricity grid operator Tennet.
Ofwat clampdown on water exec bonus pay: Brits will NOT foot bill if performance targets missed March 30, 2023 Customers will not have to fund bonus payments if suppliers fail customer and environmental performance targets.
What was in ‘Green Day’? How has the energy sector responded? March 30, 2023 Grant Shapps outlined plans to boost the UK's green energy revolution this morning, but has faced strong blowback from the industry.
Green Day: Industry slams government over lack of new policies to rival US subsidies March 30, 2023 The UK risks falling behind its rivals in the global green energy race, after Whitehall’s latest raft of policies failed to cough up cash.
NAO questions Octopus’ finances after Bulb takeover – but deal will save the taxpayer money March 29, 2023 The UK’s public spending watchdog has raised concerns over Octopus' “weaker financial position than its rivals” following its takeover of Bulb.
Ovo Energy weighs up Shell takeover in bid to overtake Octopus and EON March 29, 2023 Ovo Energy is weighing up a potential takeover of Shell's household energy business which could boost its books with 1.4m more customers.
Why National Grid needs to speed up renewable connections to win over energy investors March 29, 2023 National Grid needs to speed up grid connections for new renewable projects if it wants to win over more investors, argues Octopus.
Miliband slams North Sea oil and gas field as he unveils Labour’s Green Day March 28, 2023 Ed Miliband criticised the prospect of Rosebank - a new mega gas and oil field being approved in the North Sea.
BP and ADNOC offer to buy 50 per cent of Israel’s Newmed Energy March 28, 2023 BP and Abu Dhabi's state oil giant offered to jointly acquire 50 per cent of Israeli gas producer Newmed Energy for around $2bn,