For some, a serene view of the sea is invaluable, but for others, it may come with a cost.
For some, a serene view of the sea is invaluable, but for others, it may come with a cost.
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.
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
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.
British families are alerted that the days of low energy prices have come to an end, with an anticipated increase in bills next year.
EnQuest’s stock value fell by 11% after the North Sea oil operator reported a loss for the first half of the year, impacted by the windfall tax on energy earnings.
E.On, the energy behemoth, has announced a £6.9bn surge in its UK sales over the past six months, largely attributed to the recent hikes in Ofgem’s price cap.
BP PLC (LSE: BP.) announced a significant plunge in profits due to declining refining margins, yet it increased its shareholder dividend by 10%.
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.
The UK’s offshore wind industry has traditionally been lauded as the prime example of the nation’s foray into renewable energy.
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.