Energy UK backs scheme to cut down profits from renewable generators September 1, 2022 Energy UK has called for nuclear plants and electricity generators to ditch their lucrative renewable obligation contracts.
EU considers bloc-wide tax on energy prices as winter crisis deepens September 1, 2022 The EU could bring in a bloc-wide tax on energy profits and cap prices as it ramps up its response to an escalating winter crisis.
Ovo Energy proposes ‘progressive’ support package to ease record bills September 1, 2022 The boss of Ovo Energy has called for a "progressive" support package to ease household energy bills, similar in design to the country's income tax system.
Exclusive: Green groups call for red-tape cuts to ramp up onshore wind September 1, 2022 Environmental groups and green think tanks have urged the Government to cut red-tape blocking onshore wind projects.
World’s largest wind farm launched off Yorkshire coast August 31, 2022 Ørsted has launched the world’s biggest fully-operation wind farm, 89km off the Yorkshire coast. The launch of the 1.3 GW Hornsea 2 project has seen Ørsted break its previous record, which the Danish firm previously set by launching its 1.2 GW Hornsea 1 windfarm in 2019. Ørsted’s UK chief Duncan Clark said the Hornsea 2 [...]
Europe braces for winter crisis as Gazprom halts flows from Nord Stream pipeline August 31, 2022 Gazprom has halted gas flows into the Nord Stream 1 for the next three days to complete maintenance work on the key pipeline.
Poorly insulated households to pay over £700 more on rising energy bills August 31, 2022 Poorly insulated households will see their energy bills rise over £700 more than energy users living in more efficient properties.
North Sea body urges Government to confirm green rules for new projects August 31, 2022 OEUK has called on the Government to publish its requirements for exploration projects ahead of a looming winter crisis.
Chinese using state-backed hackers to attack energy projects in South China Sea August 30, 2022 China is using state-backed hackers to launch cyberattacks against energy projects in the South China Sea, according to new research from cybersecurity firm Proofpoint and consulting firm PwC. Hacking group Red Ladon, also known as TA423, is using a simple phishing scam to attack politically significant targets in Europe and the Asia-Pacific region, including defense [...]
Gas prices plunge as Germany closes in on storage targets August 30, 2022 Gas prices have fallen sharply today amid reports Germany is on course to meet its gas storage targets for October.