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Energy

  • Ofgem: Energy watchdog to consult over AI’s risk to industry collusion

    April 4, 2024

     Ofgem said it "appears to have sufficient powers to address important risks arising from the use of AI when detected."

  • Former BP chief: £2.7 trillion a year needed to pivot ‘climate crisis into correction’

    April 4, 2024

    Lord Browne of Madingley said the energy transition will pivot the world from a period of "climate crisis into climate correction".

  • Shell: UK oil giant kicks off fight against emissions ruling in Dutch court

    April 3, 2024

    Supermajor Shell argued on Tuesday that a court ruling in the Netherlands forcing it to slash its greenhouse gas emissions has no legal basis.

  • Clean hydrogen developer backed by Hydrogenone brings in dirty oil money funding

    April 3, 2024

    The firm said these funds will be used to expand Elcogen's manufacturing capacity as it continues to build a new factory facility in the Estonian capital

  • Thames Water owners to start urgent restructuring talks

    April 1, 2024

    The owners of Thames Water will reportedly commence restructuring talks in the coming days as the embattled firm's parent company Kemble risks entering insolvency within weeks unless lenders agree to a debt-for-equity deal.

  • “Mad, bad and dangerous”: Tories hit out at Labour energy plan

    March 31, 2024

    Energy secretary Claire Coutinho has slammed Labour's energy plans as being 'made in China'

  • Oil majors recap: How is 2024 treating Shell, BP, Exxon and Chevron?

    March 31, 2024

    Exxon's 2023 profits were down 35 per cent but still the second highest in a decade.

  • Thames Water crisis – what next: More sewage, higher bills and possible collapse

    March 28, 2024

    Thames Water is in yet another crisis after shareholders denied it vital cash. The outcome? More sewage in Britain's rivers.

  • Why UK consumers had to foot a £7bn (and-growing) gas bill for National Grid

    March 28, 2024

    In 2023 alone, balancing the grid cost billpayers £2.85bn, equivalent to every electricity consumer in Britain paying an extra £80 per year.

  • Why China’s growing dominance in wind power should worry the West

    March 27, 2024

    accounted for two-thirds of the entire global build in 2023 and now boasts a 77GW portfolio

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