Gravitricity ponders hydrogen as “porridge” for ‘Goldilocks’ storage shafts
Inertia-based power storage pioneers Gravitricity are positing steel-lined mine shafts and rock piercings nearly 400 metres deep as storage tanks for Britain’s soon-to-be-abundant hydrogen.
The...
Another oil extractor plans North Sea rigs run on electricity spun from wind
Hydrocarbon extractor Neptune Energy has become the latest oil company to consider switching to clean electricity to run its offshore rigs and pumps.
Storage of...
13GW of RE tenders open in Germany, as Ireland names offshore winners
Regulators of Europe’s biggest energy market have announced their intention to pursue 12.8GW more onshore wind capacity in 2023, and over 650 MW of...
Green generator ‘lawyers up’, goes gunning for Hunt’s ‘smash & grab’ EGL
Energy ministry D-BEIS and Chancellor Jeremy Hunt face a legal threat this morning from a £2 billion investor and builder of 1.5GWp of wind...
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...
Crown Estate blows harder for Celtic Sea turbine float, offers fuller, earlier data
Britain's independent body defining zones for new floating wind farms in the near-Atlantic off Wales’ coastline is accelerating the process leading up to the...
Doggone wind! Octopus shells out for offtake from world’s biggest offshore farm
Integrated generator-investor-retailer of low-carbon renewable electricity Octopus Energy has squirted marine ink over a deal to source nearly a quarter of its needs from...
Electricity to power rigs in 3 N Sea oilfields? Fossil giants ponder how
Another citadel in hydrocarbons’ hegemony over the energy industry appeared to totter this morning, after oil and gas majors BP, Equinor and Ithaca unveiled...
Thanks, Vladimir: Solar PV to replace coal as planet’s top power source by 2027,...
Renewables will be the world’s main source of electricity as early as 2027, the United Nations’ energy authority states bluntly today.
In its global survey...
Bobbing, off Cork: Octopus raises stake in turbine floater Simply Blue
Octopus Renewables Investment Trust first invested in the Cork-based group in August 2021, buying a 12% stake. Today’s purchase raises its interest to 15.5%. ...
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...
Rough guide to Easington: Centrica & Equinor ally to firm up Yorkshire’s H2 hub
Centrica and Norwegian energy giant Equinor have pledged jointly to push ahead with developing a hydrogen production hub at Easington on the Yorkshire/Humberside coast.
Currently...
Arven, Shetland! Floating Scots turbine project goes Mainstream
Leases have been signed to speed installation of 1.8GW of floating turbines off the Shetland Islands, one of 24.8 GW of new developments -...
UK floating turbines bob to all-time high
British investment in floating offshore wind schemes has hit record highs, buoyed by worldwide enthusiasm for the technology, a report out today reveals.
Experts at...
Gresham & Octopus: places in the sun, riffled by a German breeze
Two leading renewables investment funds today turned in sun-kissed, wind-burnished figures for 2022’s first half, storing up wealth for their backers.
Gresham House Energy Storage...
Kwarteng’s eased planning rules can “lower bills for all”, says Octopus’s Jackson
The founder of the UK’s biggest all-renewable energy retailer warmly welcomed chancellor Kwasi Kwarteng’s promise this morning to ease planning requirements on onshore wind...
Octopus legs it deeper into Lincs, surfaces onshore in Germany
The quoted trust driving expansion for European renewables hyper-investor Octopus reached further into Lincolnshire’s biggest offshore wind farm this morning, at the same time...
SSE Renewables blows into Mediterranean, pays Siemens-Gamesa £528m for 3.8GW of wind plays
Fast-growing SSE Renewables has completed the purchase of Siemens Gamesa’s 3.8GW portfolio of wind projects across southern Europe.
The clean power division of SSE, Scotland’s...
Scotland’s biggest wind farm plumbs world-beating depths to spin for first time
The first power has flowed from Scotland’s biggest offshore wind farm, the 1.075GW Seagreen project 27 kilometres off the nation’s east coast, south of...