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.
National Grid will compensate households for reducing their electricity consumption on at least 12 occasions this winter.
The National Grid has announced that, in a bid to ensure uninterrupted power across Britain this winter, it will offer compensation to households that reduce their electricity consumption.
Shares in SIMEC Atlantis (AIM:SAE) surge by 47% as investors discern indications of a rebound.
SIMEC Atlantis Energy Ltd (AIM:SAE, OTC:SMAYF) shares witnessed a 47% spike as the firm’s restructuring measures started yielding results, as evidenced by the year-end results of 2022.
Octopus Energy to invest £15.5bn into global offshore wind projects and farms
Octopus Energy has unveiled its ambitious plan to channel £15.5 billion into global offshore wind projects and farms by the end of this decade.
How the UK offshore wind industry ran out of puff
The UK’s offshore wind industry has traditionally been lauded as the prime example of the nation’s foray into renewable energy.
Nicola Sturgeon arrested during an inquiry into SNP’s financial affairs.
The former first minister, Nicola Sturgeon, has been apprehended amid an investigation into the finances of the Scottish National Party (SNP), as declared by Police Scotland.
UK Household energy bills to fall by £425
Ofgem’s decision to lower its energy price cap will result in a reduction of approximately £425 in annual household energy bills, making gas and electricity more affordable throughout Britain.