Energy Giants Warn Green Levies Could Add £300 to Bills by 2030
Scotland approves construction of the world’s largest offshore wind farm
The Scottish government has approved the development of what will be the world’s largest offshore wind farm, located 38km off Scotland’s east coast.
Spain’s worst national blackout was caused by solar farms shutting down en masse
Spain’s worst national blackout was caused by solar farms shutting down en masse after a sharp drop in electricity prices, according to an official investigation.
China killing the case for net zero – burning more coal than ever before
Ed Miliband may be fretting about the viability of net zero, but Xi Jinping seems to have no such reservations.
Ed Miliband has vowed to “Smash the Nimbys” net zero obstructionists
Ed Miliband has committed to addressing the “blockers and delayers” impeding the expansion of wind and solar farms as the Government prioritises overcoming nimbyism in its infrastructure strategy.
UK Faces Significant Risk by Relying on Wind Power, Warns Centrica CEO
The CEO of Centrica, owner of British Gas, has cautioned that Britain “runs a real risk” by overly focusing on wind power instead of maintaining a diverse energy mix.
Labour’s policies could spell the end for the North Sea industry.
David Latin is running out of patience. As the chairman of Serica Energy, with over 30 years in the oil and gas industry, including managing drilling operations in war zones,
The turmoil in the UK electric car industry is just starting.
Electric vehicles (EVs) are less expensive to operate, potentially simpler to manufacture, and significantly better for the environment, playing a vital role in achieving carbon emission reduction targets.
Octopus has surpassed British Gas as the largest energy supplier in the UK.
Founded in 2015, Octopus has become the UK’s largest domestic electricity supplier, overtaking British Gas, according to recent figures from the energy regulator.
China experiences a downgrade in its debt rating, marking another setback for its economy.
China’s economy faces a new challenge as Fitch Ratings downgrades its outlook to negative, citing concerns over escalating debt levels.
China reduces interest rates to stimulate struggling real estate market.
There is increasing analysis regarding the People’s Bank of China’s decision to lower interest rates, aimed at revitalizing the nation’s real estate market and overall economy following a lackluster year.
China experiences its steepest price drop in 15 years.
Xi Jinping’s economic policies are proving ineffective in managing inflation. China is experiencing its sharpest decline in prices in 15 years, as the government faces challenges in reversing the downturn