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UK car production fell to its lowest level since 1956 last year as output was hit by global shortages of semiconductor chips, figures show. A…
National Grid has extended plans for households to be offered discounts for cutting their energy usage – activating its demand flexibility service for a second…
Milltrust Ventures and Earth First Food Ventures are set to launch a new $300m (£242m) Smart Protein Fund tomorrow to back alternative proteins and decarbonise…
Ofgem is to review the checks and balances energy firms have around placing customers on pre-payment meters, warning it will take further legal action if…
Octopus Energy has topped a well-known annual customer survey, after winning over households with its customer service and value for money. The supplier was named…
Former Russian President Dmitry Medvedev, an ally of Kremlin chief Vladimir Putin, warned the North Atlantic Treaty Organization (NATO) on Thursday that the defeat of…
National Grid forked out £82m to operators of wind farms last month to constrain supplies and reduce output amid blustery conditions, to prevent the UK’s…
Shares in ITM Power nosedived 13.5 per cent on the London Stock Exchange this morning, after the energy storage specialist announced a third profit warning…
Energy bills could fall under £2,500 per year in the second half of this year, potentially saving the Government billions of pounds in the cost…
British Gas owner Centrica has predicted a near eightfold increase in its full-year profits, powered by soaring energy prices last year following Russia’s invasion of…
Wind power generated record amounts of energy earlier this week, topping 21 gigawatts for the first time ever on Tuesday evening. Blustery conditions have powered…
Europe risks an exodus of clean energy investment to the US, unless it brings in its own inflation reduction strategy, Goldman Sachs has warned. The…
Gold prices have stayed firm in today’s trading – with the precious metal peaking at $1,880 per ounce this morning, amid growing expectations of less…
The head of the UK’s leading nuclear body has urged the government to pursue small modular reactors (SMRs) with “pace and urgency”, amid reports of…
Support for businesses to help them cope with swelling energy bills will halve in the spring to avoid taxpayers holding the bag if oil and…
A Cheshire wind farm developer has threatened to sue the UK government over its plans to impose a ‘windfall tax’ on renewables companies. Community Windpower…
The UK will be scrambling for highly expensive gas imports to meet its energy needs this winter to stave off blackouts whenever the wind doesn’t…
2023 is expected to be an exceptionally tough year for the UK economy. The country is almost certainly already in a year-long recession, one that…
Octopus Energy has completed its takeover of fallen rival Bulb, absorbing its 1.5m customers and becoming the third-biggest supplier in the UK with over five…
UK borrowing surged over the last year due to the government partially covering the cost of household energy bills, official figures out today reveal. The…