Legal & General argues energy transition ‘alive and well’ despite investor doubts
Legal & General’s Climate and Nature Transition Plan 2026 argues that talk of a stalled transition is misplaced, emphasising that renewable energy overtook coal as the largest source of global electricity generation during the first… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Ireland seeks evidence on geological hydrogen storage to unlock offshore wind integration
Ireland’s Department of the Environment, Climate and Communications launched a call for evidence on Monday to inform policy and regulation for geological hydrogen storage. The evidence will support the National Hydrogen Strategy by shaping regulatory… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
In defence of the RAF’s £1 billion jet fuel bill
By Sophie Zienkiewicz, co-founder and director at Carbon Neutral Fuels. Last year, Energy Secretary Ed Miliband spoke about the need to get off the ‘fossil fuel rollercoaster’ to reduce the UK’s financial and physical exposure.… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Sweden’s Blykalla pursues advanced nuclear park with state‑backed financing
Sweden’s Blykalla has applied for a share of the country’s 440 billion krona (£47 billion) package of cheap loans and 40‑year price guarantees for new nuclear projects. The company plans to build a cluster of… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Europe’s transport chief plays down jet fuel shortages despite Hormuz closure
EU transport commissioner Apostolos Tzitzikostas said there are no signs of a jet fuel shortage in Europe because US and Nigerian supplies are filling the gap left by the closure of the Strait of Hormuz.… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
National Wealth Fund commits £200 million to ABP port upgrades
The UK’s National Wealth Fund (NWF) has agreed to provide £200 million in financing to Associated British Ports (ABP) as part of a £300 million upgrade programme across its ports. Funds will support a further upgrade to the Port of Lowestoft to expand offshore wind operations and enhancement works at the Port of Ipswich to service the […]
BP hopes to offload North Sea assets dashed after Ithaca talks fail
BP and Ithaca Energy engaged in advanced discussions to sell BP’s remaining UK North Sea oil and gas assets in a deal valued at around £2 billion, but talks collapsed without agreement. The potential sale would… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
UK energy policy is still having ‘the wrong debate’ – Offshore Energies UK
The UK must stop treating the energy transition as a contest between rival technologies and recognise domestic oil and gas as a continuing pillar of energy security, according to David Whitehouse, chief executive of Offshore… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
OVO Energy agrees £10.4 million redress over prepayment‑meter failures
OVO Energy will pay £10.4 million after UK energy regulator Ofgem found that the company failed to support some customers with prepayment meters. Ofgem’s investigation concluded that OVO’s practices did not adequately protect vulnerable customers… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Britain announces ambitious 87% emissions‑reduction target for 2040
The Labour government has set an aggressive target to reduce UK greenhouse gas emissions by around 87% by 2040 relative to 1990 levels, making the UK’s pathway one of the most ambitious among G7 nations.… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]