Sunday, 19 January 2025
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Henry Saker-Clark

The UK’s electricity systems operator is to be taken into public hands after a £630 million deal with National Grid (Gareth Fuller/PA)
ElectricityInfrastructureNewsPoliticsTransmissionUtilities

UK govt to buy ESO from National Grid in £630m deal

The Government is to buy the Electricity System Operator (ESO) from National Grid after striking a deal worth £630 million. It will pave...

BP posted a profit of more than £4.2 billion after a stronger-than-expected second quarter (Alamy/PA)
BusinessNewsOil

BP delivers higher-than-expected profits and raises dividend

BP profits beat expectations but problems with refining business means figures are down year-on-year.

The Beatrice offshore windfarm is to pay £33.14 million to Ofgem over a breach of licence rules (Beatrice Offshore Windfarm Limited/PA)
ElectricityInfrastructureNewsRegulationsUtilitiesWind

Beatrice offshore windfarm pays £33m after breaching market rules

Watchdog Ofgem said on Tuesday that Beatrice Offshore Windfarm Limited (Bowl) had agreed to make the redress payment in response.

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