Exclusive: Protium enjoys record hydrogen funding round to power green ambitions June 10, 2022 Protium has enjoyed the largest ever funding round in the UK for a hydrogen energy company, securing over £40m of investment.
Octopus inks deal for German wind farm as it ramps up European expansion June 9, 2022 Octopus Energy has made its first wind farm investment in Germany, backing a project that could power nearly 40,000 homes.
Ofgem boss tells industry to ‘up your game’ after damning Storm Arwen report June 9, 2022 The Ofgem boss told power firms to "up your game" and "get ready for winter" after the watchdog published a report into Storm Arwen.
Gas prices spike after explosion at US LNG plant leaves Europe scrambling for supplies June 9, 2022 Freeport LNG, which operates the largest US export plants producing LNG, will cease trading for three weeks, raising fears of supply shortages.
Thousands of Brits received ‘unacceptable service’ after Storm Arwen, Ofgem rules June 9, 2022 Electricity networks provided an “unacceptable service” to thousands of customers following Storm Arwen, which left nearly one million homes without power, industry watchdog Ofgem has said. Winds of 100mph caused widespread disruption, uprooted trees and damaged power lines, cutting the electricity supply from November 26 across northern England and Scotland. Power outages lasted for more [...]
Carbon market reforms collapse in EU Parliament with lawmakers divided over climate targets June 8, 2022 The European Parliament was thrown into chaos yesterday after key environmental proposals were voted down by divided lawmakers.
Moscow will cover Russian oil tankers hit by UK and EU insurance ban, Putin ally says June 8, 2022 Vladimir Putin’s right-hand man has said Moscow will cover Russian oil tankers to ensure they are able to continue making deliveries, if they are unable to get insurance due to Western sanctions. Speaking via messenger platform Telegram, former Russian president and key Putin ally Dmitry Medvedev said the Kremlin will cover uninsured ships, through assurances [...]
Voting day: EU emission cutting plans suffer setback as MEPs reject carbon market reforms June 8, 2022 The EU will vote on a raft of emission cutting pledges and reforms across business and industry as the bloc looks to finalise environmental pledges.
Europe at risk of energy rationing this winter, warns IEA June 8, 2022 Europe is at risk of energy shortages and rationing this winter after Russia's invasion of Ukraine, warned the head of the IEA.
British Gas boss slams rivals for not supporting plans to ringfence credit balances June 7, 2022 British Gas hits out at rival firms not backing its plans to ringfence the credit balances of customers, as part of plans to toughen up the energy sector.