Fahnbulleh calls for immediate UK electrification while keeping North Sea options open
Energy Secretary Miatta Fahnbulleh says Britain must “electrify now” to rescue its 2030 climate commitment and reduce exposure to fossil fuel shocks. The government is simultaneously preparing a pragmatic North Sea policy, with decisions on… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
US mobilises $5.25 billion to squeeze more capacity from existing grids
Projects across 26 states will receive up to $1.9 billion in federal support, alongside $3.35 billion of recipient investment. The programme is expected to unlock more than 23 GW by reconductoring lines and deploying advanced… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Ashtead Technology opens its books after £498 million Ember approach
Ember Infrastructure has proposed paying 615p a share in cash for Aberdeen-based subsea specialist Ashtead Technology. The indicative offer values the company at approximately £498 million and follows three earlier approaches. The bid underlines private capital interest in the equipment and services needed across offshore oil, gas, wind and decommissioning. Ashtead Technology has begun providing […]
UN launches grids accelerator for Africa and South-East Asia
The Global Grids Accelerator will bring governments, development banks and UN agencies together to convert network priorities into financeable projects. Its initial focus is Africa and South-East Asia, where electricity demand and renewable deployment are outpacing grid investment. No dedicated financing pot or initial project portfolio accompanied the launch, so delivery will depend on its […]
Germany sets out first comprehensive roadmap to ditch all fossil fuels by 2045
Germany has formally mapped a transition away from all fossil fuels by 2045, linking climate neutrality to energy security and reduced import dependence. The plan prioritises renewable power, electric vehicles, heat pumps, industrial electrification and… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]