Miliband: Net zero is ‘economic opportunity of the 21st century’
The transition to net zero is “the economic opportunity of the 21st century”, energy secretary Ed Miliband said on Wednesday.
UK
The Emperor’s New Clothes: BP and Shell’s duck diplomacy
Oil and gas supermajors are kicking frantically below the water’s surface as they attempt to navigate the energy transition. In the second of a two-part series, we examine how BP and Shell have scaled back their low-carbon commitments.
Renewables cannot scale without oil and gas – Hitachi Energy
Continued collaboration with the oil and gas sector is essential for renewables to scale to meet the UK’s clean power ambitions, according to Hitachi Energy country managing director for UK and Ireland Laura Fleming.
Ocean Installer joins Cerulean Winds’ floating wind alliance
Ocean Installer is the latest business to join Cerulean Winds' alliance of supply chain firms aimed at delivering a trio of floating wind projects in Scotland.
‘We will build our floating wind in Scotland,’ Cerulean Winds CEO says
The Scottish floating wind industry will deliver “higher quality jobs” than those created by the oil and gas sector in its early days, according to the chief executive of Cerulean Winds.
MP for Truro and Falmouth calls for Cornwall offshore wind strategy
A Labour politician in Cornwall has called for the region to ramp up its domestic offshore wind supply chain.
Stranded energy assets put UK on course for $141bn loss, says study
The energy transition is unlikely to take place without the risk of casualties.
Statkraft hails ‘best in history’ results despite major profits slump
Norwegian energy giant Statkraft said its performance in 2024 was "among the best" in its history despite "substantially lower power prices" which hit profits.
‘You would not believe how difficult’ Green Volt wind farm was
Lord Nicol Stephen set out the challenges facing the UK's ability to deliver floating offshore wind capacity, warning the process facing developers was "at times infuriatingly hard and we need to speed up".
Stark says UK power system needs £40bn a year investment
Chris Stark has said investment in the power system needs to nearly quadruple to more than £40 billion annually to meet UK decarbonisation targets.
UK net zero economy grows by 10% in a year, report finds
The UK's net zero economy now generates £83.1bn in gross value added, according to the CBI Economics report.
Dan McGrail: What to know about the new interim CEO of GB Energy
RenewableUK CEO Dan McGrail will head to Aberdeen in March for a six-month stint as GB Energy chief executive.
Investment slump in offshore wind has a ‘silver lining’ – Rystad
Plans for investment in offshore wind have been dealt a number of blows but this offers a "silver lining" to the industry, an analyst has highlighted at a conference in Aberdeen.
Ørsted looks at continuously ‘rightsizing’ organisation
Ørsted has not ruled out redundancies after it said it will be “rightsizing” its organisation following the departure of former chief executive Mads Nipper.
SSE on track despite stormy weather
SSE (LON: SSE) has upped its energy production across its portfolio of wind, gas and coal power through the most recent quarter.
Aberdeen’s Interocean wins work on BP wind farms
Aberdeen-based Interocean has been awarded a contract to carry out marine vetting and assurance work on BP’s Morgan, Mona and Morven offshore wind farms.
Aberdeen’s Three60 Energy expands to Teesside
Aberdeen-headquartered energy services firm Three60 Energy is expanding its UK presence with an office in Teesside.
Reeves hails opportunity of net zero but faces criticism from green campaigners
Rachel Reeves has insisted "net zero is the industrial opportunity of the 21st century" as she set out plans to boost growth in a slew of sectors.
BP is not moving fast enough in the energy transition
An impending ban on petrol cars and an upcoming government review of drilling licences has created a perfect storm for supermajors.
Siemens Energy share price recovers as it forecasts market – beating Q1
Siemens Energy AG’s share price recovered on Tuesday, rising 7.53%, after it released a preview of its first quarterly results following Chinese AI chatbot maker DeepSeek's rapid disruption of the US market that sent stocks in a tailspin this week.
UK on track to miss 2030 clean power targets, research suggests
The Government is projected to miss its revised targets for developing new solar and wind power by 2030, according to new research.
Storm alert! How wild weather can wreak havoc on energy infrastructure
There is no doubt that with climate change comes more extreme weather.
Trump’s wind energy views challenged as Humber invites president to see local impact
US President Donald Trump has been invited to the Humber to see the positive impact offshore wind has had on the region following his disparaging comments.
Associated British Ports launches £35m energy quay at Lowestoft
Associated British Ports (APB) has unveiled a newly-completed £35million port investment at Lowestoft.
UK government aims for ‘biggest and most successful’ renewables auction ever in 2025
The UK government is aiming to achieve the "biggest and most successful" renewables auction in its history in 2025, according to the head of its Mission Control unit.