BP’s profits soar to $ 8.2bn in third quarter
Oil and gas supermajor BP beat analysts’ predictions for the year’s third quarter, this morning announcing profits of £ 7.1 billion/ $ 8.2 billion,...
UK falls from EY’s podium of 40 most attractive nations for clean energy cash
Britain has dropped one place to fourth – behind Germany, - among 40 major economies ranked by global consultants EY in their latest RECAI...
Gas operating profits rise fourfold at SSE during six months to September
Operating profits from the gas and thermal energy division alone of vertically integrated generator-retailer SSE soared to £248million on an adjusted basis in the...
Teachers strike in Scotland, eh?: Canucks pile on to a quarter of SSE’s pylons
Snowy-booted visitors from northern America today descended once again on the snowy-booted electricity engineers of north Britain, as a big Canadian public-sector pension fund...
Planners green-light Britain’s biggest battery, and first CCUS plant in Lincs
Innovative generation projects on opposite sides of Britain have this week received planning approval, speeding innovation in the nation’s dispersal and deployment of practical...
Government backs clean avgas firm Velocys with £29.5 million
Sustainable aviation fuel innovator Velocys today saw its share price surge 19%, as it celebrated securing two government grants totalling nearly £30 million in...
Infrastructure Bank offers councils £4 billion for heat networks, as D-BEIS warms three towns’...
More than £30 million from public funds is set to benefit heat networks in Hull, Peterborough & Wigan.
Projects in the first two cities are...
Re-think EGL tax grab, or endanger renewables investment, REA tells Chancellor
The Chancellor’s imminent electricity generator levy (EGL) risks stalling or stifling hundreds of millions of new investment in renewables, Britain’s biggest lobbying body for...
Zenobē reaches financial close on Phase 1 of world’s first 300 MW battery hooked...
Ground is being broken at Blackhillock, between Aberdeen & Inverness, to deliver the first 200MW of a planned 300MW storage project. Zenobē say it’s...
WPD claims lead among DNOs with UK’s first “connectability pledge”
Britain’s grid operator serving the Midlands and Wales reckons it’s getting ahead of a major regulatory change in how DNOs charge for installing low-carbon...
World’s biggest ohm game near Old Trafford: Manchester nets globe’s biggest grid-scale battery
Energy infrastructure developer Carlton Power this morning announced it has won planning approval to install the world’s biggest known electricity storage device on a...
Gridserve plugs in to £526 million of debt for expansion
Ultrafast EV chargers Gridserve have secured bankers' backing worth over half a billion pounds to accelerate the upgrade & expansion of its UK network.
The...
Brighton Energy co-op raises £700k in a month from small investors
The growing appetite of small UK investors to put their money into local volunteer-led local energy co-operatives was demonstrated again today, as one of...
Hot and hotter! Pump startup seeks partner, deploying high temperature heat to industry
Industrial heat pump startup Futraheat has secured £689,000 from Innovate UK to develop and deploy a commercial heat pump to deliver low CO2, high...
Switch2 Energy celebrates wins at two industry awards
Yorkshire-based Switch2 Energy, a provider of district and community heating systems, has been honoured with two prestigious awards.
The Shipley-headquartered company’s ICON connected heat interface...
London’s Khan goes halves with private finance, seeks £100 million of EDGE decarb projects
The capital’s mayor Sadiq Khan has announced a new £100 million fund to accelerate London-wide decarbonisation ventures, in partnership with leading green investor Sustainable...
ScottishPower seeks biggest ever supply round worth £5.4bn
ScottishPower has unveiled £5.4bn worth of contract opportunities as it launches its next phase of electricity network investment.
A boost early in 2024 by...
Ethex celebrates 10 years, aims for £200 million by 15th birthday
Impact investment platform Ethex is celebrating its first decade of putting £120 million of small investors’ cash to good use in green energy and...
Decarbonising social homes: NW & W Midlands lead, South East & West woeful
New government statistics show that delivery of projects to strip out carbon from public housing under the government’s Social Housing Decarbonisation Fund (SHDF) remains...
D-ESNZ approves NGrid’s Yorkshire GREEN upgrade
Energy secretary Claire Coutinho has granted a development consent order (DCO) for the Yorkshire GREEN Energy Enablement project, clearing the way for National Grid...