The owner of Britain’s largest renewable power station is under scrutiny after the Financial Conduct Authority (FCA) launched an investigation into its biomass practices.
UK wind farm owners receive millions in payments to shut down turbines.
UK Wind Farm Payments and the Case for Zonal Pricing Reform
Nearly half of the world’s electricity will be generated by renewable sources by the end of the decade
According to forecasts, nearly half of the world’s electricity will come from renewable energy by 2030, but this achievement will still fall short of global targets.
SIMEC Atlantis Energy (LON:SAE) Shares soar 119% following positive results.
Shares in SIMEC Atlantis Energy Ltd (AIM: SAE, OTC: SMAYF) more than doubled following the release of its delayed preliminary results, which revealed a staggering 678% increase in net assets,
UK energy bills for households expected to reach a two-year low
Analysts predict a significant decrease in household energy bills, with an expected £293 annual reduction starting in April, following the implementation of the next Ofgem price cap.
National Grid aims to restrict electricity consumption on Wednesday.
The National Grid has declared its intention to decrease electricity consumption on Wednesday, citing “tighter than usual electricity supply margins expected on Wednesday evening.”
Electricity rates need to increase by 70% to fund additional wind farm installations
The UK’s largest energy producer issued an alert following the most recent auction round, which failed to attract any bids for the construction of new farms.
Seaside residents offered cheaper power if they support offshore wind farms.
For some, a serene view of the sea is invaluable, but for others, it may come with a cost.
Octopus Energy buys 10% stake in Dutch offshore wind farm
Octopus Energy has secured a 10% ownership in the Borssele III & IV offshore wind farm located in the Dutch North Sea, with the purchase amount remaining undisclosed.
Electricity from wind is not cheap, and it might never be
The parliamentarians prompting Rishi Sunak to reconsider his stance on onshore wind power frequently echo the wind industry’s catchphrase: “Wind is affordable.” Sir Alok Sharma claims it’s “affordable, green, and
Immediate Changes Needed for UK Offshore Wind Power Following Problematic Auction
The government’s goal for the UK to generate 50 gigawatts from offshore wind by 2030 has faced a significant setback due to the unsuccessful auction.
UK Households warned ‘era of cheap energy is over’ as bills forecast to rise
British families are alerted that the days of low energy prices have come to an end, with an anticipated increase in bills next year.