Miliband doubles down on net zero amid fossil fuel crisis
UK energy secretary Ed Miliband will frame the energy transition as a security imperative, arguing that reliance on fossil fuels leaves Britain vulnerable to geopolitical shocks and that “the era of fossil‑fuel security is over”. Miliband intends to speed up the Warm Homes Plan, expand solar installations on public land and delink gas and electricity prices […]
Hydrogen a ‘low-regrets bridge’ as wind curtailment costs surge
Statera has emphasised that the UK’s renewables buildout is already running ahead of system capability, turning excess wind into a cost burden, and positioning hydrogen as the most viable near-term solution. Speaking at the National Gas Energy Forum last week, Statera policy manager Phoebe Finn delivered a stark warning: the UK’s renewable energy success is […]
IATA cautions Europe may cancel flights due to jet fuel scarcity
International Air Transport Association (IATA) chief Willie Walsh said flights in Europe could be cancelled from the end of May because of a shortage of jet fuel. Europe relies on the Middle East for about 75% of its jet fuel supply. Global jet fuel and kerosene demand averaged 7.8 million bpd in 2025, with the Gulf providing […]
Middle East output recovery could take two years, warns IEA
IEA chief Fatih Birol told Zurich’s Neue Zuercher Zeitung that restoring Middle East oil and gas production to pre‑war levels would take roughly two years overall, with some countries needing longer than others. Birol warned that the market is underestimating the impact of a prolonged closure of the Strait of Hormuz and said no tankers […]
India withdraws bid to host COP33 climate summit
India’s foreign ministry confirmed it has withdrawn its offer to host the United Nations COP33 summit in 2028. Reuters reported earlier this month that India was reconsidering its bid; the confirmation came at a press briefing, though specific reasons were not given. Foreign ministry spokesperson Randhir Jaiswal said India remains fully committed to meeting its […]
US and Philippines plan 4,000‑acre industrial hub to secure AI and semiconductor supply chains
The US and the Philippines will build a 4,000 acre (1,620‑hectare) industrial hub in the Luzon Economic Corridor after Manila joined Washington’s Pax Silica initiative. The Philippines is the 13th country to join Pax Silica, which aims to safeguard supply chains for critical minerals, semiconductors and advanced manufacturing. The hub will be located in the […]
Spain’s regulator opens formal investigation into 2025 blackout
Spain’s energy and competition watchdog, the CNMC, said it found long‑term breaches of electricity system rules that may have affected power‑system operations, prompting it to open formal investigations. On April 28, 2025, a sudden voltage surge caused a major blackout across Spain and Portugal. The CNMC said the suspected breaches did not cause the outage […]
Lord Moynihan warns UK faces self-inflicted crisis as gas debate hardens
A senior Conservative voice has used one of the UK gas sector’s flagship events to argue that current energy policy risks accelerating deindustrialisation, with domestic gas framed not as a legacy fuel but as a strategic necessity. Speaking at the National Gas Energy Forum on Thursday, shadow minister for energy security and net zero Lord […]
Spirit Energy to cut 100 jobs in Aberdeen amid UK restructure
Up to 100 jobs at risk: Spirit Energy plans to cut around 100 roles in Aberdeen, reducing its workforce from roughly 150 to about 50 as part of a major restructuring. Business split into two entities: The company will separate into a Barrow-based operating business and an Aberdeen-based development arm focused on carbon storage. Aberdeen […]
UK to scrap carbon price support on power generation from 2028
Britain’s Carbon Price Support – currently set at £18 per tonne of CO2 – has been frozen until April 2028 and will then be abolished, exchequer secretary Dan Tomlinson told Parliament. Tomlinson said the levy succeeded in driving coal off the grid; Britain’s last coal‑fired power station closed in 2024, and the government is ramping […]