Hunterston battery reaches financial close with BP-backed revenue structure
Revera Energy has closed financing and issued notice to proceed for its 400 MW / 800 MWh Hunterston battery in North Ayrshire. Non-recourse lending was supported by a BP tolling arrangement and a separate revenue… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
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 […]
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 […]
US states sue over $1.4 billion offshore wind cancellation deals
Eight eastern states have challenged $1.418 billion of federal agreements cancelling offshore wind leases held by Bluepoint Wind and Invenergy. California has filed a separate case over a $111 million portion of the wider Invenergy… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
North Sea transition gap threatens UK industrial capability, taskforce warns
Oil and gas supports around 115,000 UK jobs, but the North Sea Transition Taskforce estimates 25,000 have disappeared since the 2024 general election. The taskforce says offshore wind, carbon capture and hydrogen are not scaling… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Great British Energy opens Aberdeen HQ as scrutiny shifts to delivery
Great British Energy has formally opened its permanent headquarters at Marischal Square, accompanied by a £750,000 regional skills partnership. The company expects to employ about 200 people by April, most of them in Aberdeen, but… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Net Zero Teesside procurement progresses with Spanish valve order
AMPO Poyam Valves has won an order for cryogenic gate, globe and check valves for Net Zero Teesside Power’s generation, carbon capture and compression facilities. Deliveries beginning this month indicate that the project has moved… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Offshore wind’s construction boom masks collapse in new investment
Only 2.1 GW of offshore wind capacity has reached final investment decision globally so far in 2026. More than 12 GW is due to start operating this year, but that reflects investment decisions made in… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Crown Estate prepares multi-site offshore wind survey campaign
The Crown Estate is testing supplier capacity for a 12-month metocean campaign expected to begin in mid-2027 across several offshore locations. The exercise is preliminary market engagement, not a contract award, and neither the project… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]