EU raises €20bn to boost green energy and slash reliance on Russian fossil fuels December 14, 2022 The EU has squeezed an extra €20bn from its carbon market for investments to slash the bloc's reliance on Russian fossil fuels.
Give us the support we need to compete with Germany, urges steel body December 14, 2022 Industry group UK Steel has urged the Government to match the financial support offered to rival markets such as Germany.
Brits face advertising blitz with Government energy saving campaign December 14, 2022 Brits face an advertising blitz over Christmas from the Government, urging them to save energy by turning down boilers and radiators.
HSBC confirms plans to stop funding new oil and gas fields December 14, 2022 HSBC has revealed it will stop funding new oil and gas fields, as part of a wider update of its environmental policies.
Shapps refuses to confirm fee for buying out China’s Sizewell C stake December 14, 2022 Business Secretary Grant Shapps refused to provide a figure for the cost of buying out China's stake in proposed nuclear project Sizewell C.
Utilita agrees to pay £830,000 after Ofgem uncovers customer support failure December 13, 2022 Utilita Energy has agreed to pay out £830,000 after Ofgem determined the supplier was not supporting all its customers properly.
Suppliers hit with £2bn debt heading into winter, predicts Cornwall Insight December 13, 2022 Domestic energy suppliers could be exposed to nearly £2bn of debt. warns energy specialist Cornwall Insight.
Nuclear fusion: Scientists announce breakthrough that ‘paves way’ for clean energy December 13, 2022 US scientists have announced an historic achievement which could “pave the way” for clean power through nuclear fusion ignition. Calling it a “major scientific breakthrough” the experts at Lawrence Livermore National Laboratory (LLNL) conducted the first ever controlled fusion experiment in history. The experiment, which took place on 5 December, involved getting more energy out [...]
Ofwat offers carrot and stick approach to water firms with £300m innovation fund December 13, 2022 Ofwat will raise the size of its innovation fund to £300m, as it looks to encourage companies to improve customer service.
Exclusive: North Sea body backs hydrogen hub to power 20m homes December 13, 2022 A vast offshore hydrogen project could help power 20m homes and businesses with low carbon energy, according to the NSTA.