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Energy

  • Space-based solar farms could power millions of homes, suggests Shapps

    June 13, 2023

    Space-based solar power could help tackle climate change, Grant Shapps said as he promised £4.3 million for research projects.

  • Anglian Water ad banned for leaving out history of sewage releases

    June 13, 2023

    An ad for Anglian Water promoting its building of wetlands has been banned for failing to mention its history of releasing sewage into rivers.

  • British Gas boss secures £4.5m payout as Centrica wins over shareholders

    June 13, 2023

    The hefty £4.5m proposed pay-packet for Chris O'Shea, the boss of British Gas owner Centrica, has been confirmed.

  • OPEC holds oil demand view steady despite economic growth warning

    June 13, 2023

    OPEC left its forecast for 2023 global oil demand growth steady for a fourth month on Tuesday amid global economic uncertainty.

  • British Gas owner facing shareholder showdown over chief’s £4.5m bumper pay

    June 13, 2023

    British Gas owner Centrica has announced that the operating profits for its retail arm will be "significantly higher than in previous years."

  • Space-based solar to get an early lift off from the UK

    June 13, 2023

    Solar panels in space could help meet the UK's energy needs, with the government poised to announce funding for new projects.

  • FSB: Small firms need flexible payment options to ease energy bills burden

    June 12, 2023

    Thousands of small businesses are at risk of closure, if suppliers fail to offer firms more flexible options for paying off their energy bills.

  • UK burns coal for first time in 46 days as Brits turn on the air conditioning

    June 12, 2023

    Britain has started burning coal for electricity for the first time in a month and a half as demand for air conditioning spiked.

  • Hunt urged to ‘double down’ on backing offshore wind or risk falling behind rivals

    June 12, 2023

    The government needs to incentivise domestic offshore wind and support the industry so that the UK can compete with international rivals.

  • Oil prices drop below $70 per barrel as investors fear further Fed rate hike

    June 12, 2023

    Oil prices have fallen as investors fear further rate hikes from the Federal Reserve this week, when it meets to discuss interest rates.

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