LNG shipments drive down UK power prices

US to source 15 Bn cubic metres of LNG for EU this year, Biden...

Russian supplier Gazprom’s grip on European gas consumers weakened further this morning as US President Joe Biden confirmed to EU Commission head Ursula van...

Every Shell director faces ‘world first’ legal suit over environmental risk

Environmental lawyers Client Earth are suing all 13 directors and non-executive directors of Shell, alleging personal and corporate breach of UK company law in...

Green search engine pinpoints solar PV platform with Euros 20 million

Environmentally-based web search app Ecosia – the internet minnow committed both to paying its taxes & to funding worldwide tree-planting–  is investing Euros 20...

Octopus boosts asset base by 90%, buys into turbines in UK, France, Finland &...

To a pre-announced UK joint development deal with Wind2, embracing nine farms in Scotland and Wales, Octopus Renewables is adding a 14.1 MWp onshore...

Foresight basks in the sun, plugs first battery into earnings 22% above expectations, NAV...

Leading PV and battery investor Foresight Solar Fund reaped its rewards today from international expansion and the UK solar boom, posting 2021 EBITDA earnings...

Cremz! Gore Street plugs into its first battery in continental Europe

First-moving energy storage fund Gore Street today extended its portfolio of amp hotels and coulomb crèches beyond the British Isles, buying 90% of an...

UK sanctions chill Gazprom; loses LSE fund-raising rights, & customers look elsewhere

The British government has stripped Putin-dependent energy giant Gazprom of its right to raise funds on London’s globe-spanning capital markets.  Meanwhile its UK arm...

BP and Shell sever Putin ties, as Total retains them

Divestment by western fossil fuel majors from partnerships in Vladimir Putin's Russia stumbled onwards today, with observers questioning continuing involvement by TotalEnergies and Exxon. Shell,...

Octopus’ KrakenFlex stretches leg into Hydro REIN tie-up

KrakenFlex, Octopus Energy’s flexibility platform driving its international expansion into support services, has struck a deal in Canada, likely to run on into three...

Germany suspends Nord Stream 2, in reaction to Putin’s Ukraine provocation

Chancellor Olaf Scholz this morning halted Germany’s licencing of the completed Nord Stream 2 gas pipeline in reaction to Russia’s recognition of two rebel...

Brexit ‘far from over’ in energy sector, says new research      

Researchers at the UK Energy Research Centre have delivered their verdict so far on the effects which Britain’s quitting the EU has had on...

Renewables-supporting Brits reject scrapping ‘green taxes’ to fend off price hikes

A poll of 2,000 Britons released today gives the lie to beliefs propagated by MPs and newspapers on the Conservative right that the public...

Sizewell C: Kwarteng finds £100 million to lure investors

Prospects for Sizewell C, Britain’s second new nuclear mega-project, advanced today as energy secretary Kwasi Kwarteng confirmed £100 million of government cash to encourage...

D-BEIS nixes Russian oligarchs’ 2 GW cross-Channel interconnector

Britain’s energy ministry has rejected a £1.2 billion plan by a major donor to the Conservative Party to build a 2GW power interconnector from...

Brits’ noses and bairns’ b*ms to be wiped clean, thanks to Octopus’ wind

Flexible renewables mega-developer Octopus has squirted ink onto paper, wrapping up a deal with paper-maker Kimberly-Clark, for supply of clean power from its Lanarkshire...

“Magnetisable concrete” trialled for non-stop charging of EVs

The adapted concrete has a high magnetic permeability, thus lending itself to inductive charging as a vehicle passes above.  It would open the way...

2021 is solar’s best year yet in Europe, trade body finds

Solar PV deployment this year in the EU was the fastest in the technology’s history, industry advocates SolarPower Europe have calculated. Defying the continuing pandemic,...

Nukes: French see Olkiluoto 3 feeding Finns’ grid ‘in January’; Rolls-Royce SMRs ‘fully funded’

The 12-year-delayed nuclear forerunner of Hinkley Point C is expected to be pumping power into its nation’s grid late next month, according to an...

Schroders buys three-quarters of green power asset managers Greencoat

International investment bankers Schroders have taken a 75% stake in renewables asset managers Greencoat Capital, at a cost initially agreed at £ 358 million. Global...

Octopus to Canada’s civil servants: ‘Ta for your $300 million. More coming, eh?’

Christmas arrived early today for Octopus Energy Group, as Britain’s fast-growing generator-retailer commanding nearly 6% of domestic power accounts welcomed a $300 million equity...