Thursday, 23 January 2025
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Alex Daniel

Jonathan Brearley, the chief executive of Ofgem, speaking to MPs on Wednesday (House of Commons/PA)
BusinessElectricityFinanceFuelNews

Ofgem boss demands new powers to recoup cash when energy firms collapse

The boss of energy regulator Ofgem has called for more powers to make sure customers rather than investors get compensated when suppliers go...

Worker in the Siemens Energy turbine factory in Hull (Danny Lawson/PA)
BusinessLabourNews

Britain risks clean power skills shortage, says Siemens Energy UK boss

UK risks a skilled clean energy worker shortage as Labour boosts investment; Siemens Energy calls for urgent training initiatives.

Sizewell B, the last nuclear power station completed in Britain (Chris Radburn/PA)
ElectricityEmissionsEnvironmentNewsNuclear PowerSolarWind

Sizewell C nuclear plant costs ‘could double to nearly £40bn’

Nuclear plants are becoming vital for electricity in Britain as the government aims to decarbonize the grid by 2030.

Centrica said gas storage supplies are running lower than usual (Andrew Matthews/PA)
AnalysisBusinessElectricityEmissionsNatural GasOffshore WindSolarWind

Why are UK gas stores lower than usual, and how is the overall supply looking?

UK gas storage dangerously low amid freezing snap, but diverse supply sources ease immediate shortage fears.

Shell’s liquefied natural gas production dropped in the final quarter of last year (Yui Mok/PA)
BusinessClimateEmissionsEmissions MarketsEnvironmentLiquefied Natural GasNatural GasNewsOilVoluntary Carbon Markets (VCMs)

Shell warns of £1bn cash hit from emissions certificates payments

The energy major said on Wednesday that the charge is “related to timing of payments of emissions certificates” in Germany and the US.

The UK is set to build thousands more pylons over the coming years (Gareth Fuller/PA)
AnalysisBusinessClimateEfficiencyElectricityEnvironmentInfrastructurePoliticsRegulationsTransmissionUtilities

Pylon wars: Battle between builders and ‘blockers’ mounts across UK

Plans to build thousands of new pylons in rural UK to meet clean power targets face backlash from communities across the country.

Good Energy supplies electricity to UK homes and businesses (Dominic Lipinski/PA)
BusinessEconomyElectricityNewsUtilities

Good Energy’s potential UAE buyer gets another one-month extension

Esyasoft has until January 20 to decide on a takeover bid for Good Energy, extending the original deadline of December 23.

Ministers say they want to give consumers better protection after the energy crisis (Jacob King/PA)
EconomyInfrastructureNewsPoliticsUtilities

UK’s Labour Party to reform energy regulator to give more protections after bills crisis

Labour set out sweeping plans for how it will decarbonise the grid by 2030 earlier in December.

Vestas manufactures wind turbine blades (Andrew Matthews/PA)
BusinessEconomyElectricityIndustryInfrastructureManufacturingNewsOffshore WindWind

Vestas cuts hundreds of jobs on UK’s Isle of Wight

Vestas is switching from making offshore blades to smaller, onshore blades, which will only sustain 300 jobs at the site, it said.

Torness Nuclear Power Station, near Dunbar, in Scotland (Danny Lawson/PA)
ElectricityNewsNuclear Power

Four of UK’s five nuclear power stations to be extended beyond planned closure

Four of Britain’s five nuclear power stations will stay open longer than previously planned, their operator has said.

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