The UK plans to announce in the coming days whether it will extend a windfall tax to electricity generators -- a difficult task as the government tries to help consumers struggling with inflation while also supporting renewable energy.
A windfall tax on electricity generators making “extraordinary profits” is still an option, UK Chancellor of the Exchequer Rishi Sunak said Thursday after slapping a similar levy on oil and gas companies.
UK coal-fired power generation jumped to the highest in a month, with wind generation slumping just as morning demand picked up.
The Scottish Government has been praised for “raising the stakes” in the fight against climate change after it published updated proposals to slash carbon emissions.
As we endure these challenging times, the climate emergency persists, and the planet continues to be threatened. Without a strong and stable economy, the funds to invest in a greener, cleaner future simply won’t be there. Even with the fall in carbon emissions, our modelling shows that the pandemic will only reduce demand through to 2050 by 8%.1
Energy firms BP, Wood and Subsea 7 are among six new companies joining a coalition to improve gender diversity and inclusion across the industry.
Cruachan power station in Argyll is to undergo a £1 million upgrade.
No ‘utopian answer’ to net zero conundrum as ‘whole host of technologies’ needed, Scottish Power chief says
There is no “utopian answer” to meet the UK’s 2050 net zero goal as the solution will require a “whole host of technologies”, the boss of a utility giant has claimed.
The UK’s move towards renewable energy sources has helped drive a faster rate of decarbonisation in the past decade than anywhere else in the world, according to a new study.
As we enter a new decade, I’m sure I’m not alone in reflecting on matters that are personally important, together with major issues that impact on society, the environment and the economy.
Environmental lawyers are "considering their options" after the Government overruled planning inspectors to give the go-ahead for a new gas power plant.
After powering the British economy for centuries, coal is a dying breed in the nation’s energy mix.
Protesters have targeted two energy companies over developing new gas power stations which they say spell "climate disaster".
Energy firms are among leading businesses urging the Government to do everything it can to ensure the UK holds key international climate talks in 2020.
Drax has received a bloody nose from investors, who vented their anger at executive pay and political donations at the energy firm's annual meeting.
Drax Group has announced it will appoint a new non-executive director.
Green campaigners are urging the Government to turn down plans for the UK's largest gas power plant to replace coal units at Drax in North Yorkshire.
Cruachan Power Station in Argyll has started 2019 under new ownership after a £702 million deal completed a minute before midnight on Hogmanay.
As well as confirming that the vertically integrated UK energy utility model has much in common with the dodo, the Iberdrola sale of generating assets to Drax suggests that different perceptions of merchant power value are now a key strategic differentiator between energy companies.
ScottishPower has refuted accusations alleging the firm will shortchange the Scottish supply chain following its commitment to become a fully wind generated firm.
Britain's biggest power station is piloting the first bioenergy carbon capture storage (Beccs) project of its type in Europe - a move it says could eventually make it carbon negative.
Drax Electric Insights have pooled data provided by the National Grid and Elexon to show that power from wind turbines has been responsible for the lionshare of UK energy supplies.
Scottish energy company SSE and Yorkshire outfit Drax have asked that Philip Hammond post a ‘robust and strong’ carbon price come the Autumn budget announcement.
Shareholders in British power group Drax have been met with angry protestors.
Wood from forests “teeming with wildlife” in the US is being burned for electricity in the UK, conservationists have claimed.