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.
North Sea operator EnQuest slumps to loss amid windfall taxes
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.
Is the prime era of crypto privacy nearing its end?
The US Internal Revenue Service (IRS) has introduced new proposed guidelines that could dramatically affect how major American cryptocurrency platforms operate, particularly key players such as Coinbase Global Inc (NASDAQ:
UK Household energy bills to fall by £150 a year
Household energy costs are set to decrease by approximately £151 annually as the economic impact of Vladimir Putin’s incursion into Ukraine continues to diminish.
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.
The UK authority plans to clamp down on power producers reaping ‘unreasonable profits’.
The UK energy watchdog, Ofgem, has criticized power station owners for exploiting the system to generate excessive profits and outlined measures to curb this behaviour.
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.