U.K. Power Prices Soar Above £2,000 on Low Winds
Power prices in the U.K. soared to the second highest level on record on Monday as low wind levels exposed the market to a supply crunch. Prices for between 5 Continue Reading
Rolls-Royce establishes Small Modular Reactors business
Rolls-Royce announced that following a successful equity raise, it has established the Rolls-Royce Small Modular Reactor (SMR) business to bring forward and deliver at scale the next generation of low-cost, Continue Reading
COP26 host U.K. pledges to phase out coal power while considering its first new coal mine in 30 years – The Washington Post
As the host of a high-stakes climate summit, Britain has made clear that international agreement on the phasing out of coal, the planet’s most polluting fossil fuel, is a top Continue Reading
U.K. Gas Firm CNG Closes, Ends Supplies to 41,000 Businesses
A U.K. gas company that supplied 41,000 small enterprises is closing down just weeks after it said it would stop providing the fuel wholesale to other energy suppliers. CNG Group Continue Reading
Four more British energy suppliers cease trading
Four more small British energy suppliers have ceased trading, regulator Ofgem said on Tuesday, taking the tally of companies to have gone bust since the beginning of September to 17. Continue Reading
Britain to launch $220 mln fund to boost floating wind power industry
Britain will launch a 160 million pound ($220 million) fund to help developers of floating offshore wind technology as part of efforts to ramp up renewable power and meet climate Continue Reading
“Truly Dark Day For Drivers” UK Gasoline Prices Soar To Record High
UK petrol prices have risen to record-high levels in what RAC/Experian Catalist describes as a “truly dark day for drivers,” according to Sky News . Gas prices at the pump Continue Reading
The U.K. Ditched Coal and Left Itself With a New Set of Challenges
Coal from mines around this northeastern English port town made the U.K. an industrial and imperial superpower in the 19th century. In the 21st, the country has all but ditched Continue Reading
UK’s Newest Gas Projects May Ease Crisis
The U.K’s natural gas production is soon expected to increase, as two new projects come online. Two new projects in the North Sea have recently started to flow gas, according Continue Reading
Energy market massacre looms for Britain, Scottish Power chief says
Britain’s energy market faces an absolute massacre that could claim another 20 suppliers unless the government urgently reviews the energy price cap, Scottish Power Chief Executive Keith Anderson told the Continue Reading