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Energy

  • 370,000 small businesses at risk of downsizing and closures next month, warns industry group

    March 24, 2023

    Hundreds of thousands of small businesses are at risk when support for energy bills is slashed next month, warns a leading industry group.

  • Businesses need ‘carrot and stick’ to boost energy efficiency and drive down bills, Npower argues

    March 22, 2023

    Businesses need help to drive down bills and meet the UK's net zero goals, argued the COO of Npower Business Solutions.

  • Shell will defend ESG targets to shareholders ahead of activist showdown

    March 22, 2023

    Shell will defend its lack of scope three emission targets at its annual ESG update tomorrow, Morning Wire has learned.

  • Cost of UK energy imports more than doubles as North Sea body urges government to back British oil and gas

    March 22, 2023

    The UK’s energy import bill more than double last year, amid an increasing reliance on overseas supplies, revealed Offshore Energies UK.

  • Rolls-Royce joins forces with Fortum to explore SMR projects

    March 22, 2023

    Rolls-Royce SMR has teamed with Fortum up to explore opportunities to develop small modular nuclear reactors in Scandinavia.

  • Trafigura and Vitol could step up trade in Russian oil, CEOs admit

    March 22, 2023

    Global energy traders Trafigura and Vitol are considering whether to resume more trade in Russia's oil, their CEOs said yesterday.

  • Government allocates £1.8bn funding for energy efficiency boost across UK homes and public buildings

    March 22, 2023

    The government has allocated over £1.8bn to boost energy efficiency and cut emissions across homes and public buildings across England.

  • Billions could be saved by building a flexible electricity system

    March 22, 2023

    The UK could be saving around £17bn every year if it builds a flexible electricity system, MPs have been told.

  • TotalEnergies awaits solution on £22bn Iraq energy deal, CEO says

    March 22, 2023

    The stalled agreement between Iraq and Total Energies over a £22.1bn energy project has yet to find a resolution, its CEO said.

  • SSE backs UK’s first pumped hydro scheme in 40 years with £100m funding

    March 21, 2023

    SSE will invest £100m in the UK's first pumped hydro storage scheme in 40 years, but warns against further investment uncertainty.

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