Zonal pricing feud escalates as Octopus accuses pollster
The polling firm has admitted that questions in the survey “were not subject to our usual internal review procedures”.
Government asked to remove carbon capture from climate delivery plan
Campaigners have called for carbon capture to be removed from the carbon budget delivery plan over a lack of evidence, as Net Zero Teesside awaits climate judgment.
National Grid achieves higher-than-expected profit
The latest results cover the first year of National Grid’s five-year financial framework up to 2029, over the course of which it intends to invest around £60b across its energy networks and related businesses.
UK’s oldest North Sea port boosts turnover despite headwinds
The UK's oldest port cut emissions across the resources it directly owns and controls in 2024, while its customers' emissions rose.
Greenpeace, Unite call for £1.9bn ‘just transition’ fund for North Sea workers
In an unusual partnership, unions and climate groups have joined forces to call for emergency funding for North Sea workers ahead of the government’s spending review.
Zonal pricing ‘the start of a long road’ to mid-2030s, warns Cornwall Insight
Regional pricing is unlikely to be implemented until next decade.
GB Energy CEO hails Ørsted’s ‘radical corporate’ transformation despite Hornsea 4 cancellation
The wind developer’s decision to cancel Hornsea 4, a large recipient of funding in the government’s sixth allocation round, will be a test of mettle for the state energy company.
Exclusive: Delayed Blenheim Palace solar project seeks £800m finance package
Planning for the UK’s largest solar farm has hit minor delays, as local opposition mounts despite the project's huge biodiversity net gain.
Centrica shares drop as shareholders revolt against CEO pay
The company’s board faced tough questions from shareholders around human rights abuses at a gas plant in Mozambique and its proposed investment in nuclear power.
Octopus boss dismisses concerns zonal pricing will jeopardise offshore wind
Octopus chief executive Greg Jackson played down warnings that regional power prices could threaten investment in offshore wind and the north.
The Octopus Interview: Greg Jackson, chief executive
Octopus chief executive Greg Jackson spoke in an exclusive interview on the sidelines of the Innovation Zero congress on Wednesday about the costs and benefits of zonal pricing.
UK’s energy transition a ‘massive opportunity’, says NSTA chief
The UK’s transition towards zero emissions is moving forward due to progress on carbon capture, said the NSTA's chief Stuart Payne.
Net zero ‘protection’ from unstable fossil fuel markets, says DESNZ chief science adviser
The UK’s chief scientific adviser on net zero hailed the energy transition’s role in energy security as well as meeting the “urgent” climate imperative.
Miliband touts low-carbon power as ‘solution’ to energy security
Low-carbon power can play a “critical role” in delivering energy security around the world, according to UK energy secretary Ed Miliband.
Lower gas reserves expected this winter as UK’s largest storage facility halts injection
Centrica has stopped injecting natural gas into the Rough facility in the North Sea as it awaits clarity over regulatory support for hydrogen redevelopment.
Superdielectrics spies £60m for domestic energy storage, possible IPO
The start-up has partnered with E.ON to develop energy storage technology that will lower customer bills.
British Steel a strategic asset in the energy transition
The department of trade has swooped in to safeguard British Steel’s assets, which could play a strategic role in the UK energy transition.
UK ocean industry could hit £2tn, says maritime council chair
The UK lacks a “coherent approach” to monetising trade and industry in the country’s oceans, according to Ryan Mowat, director and chair at the Marine Science and Technology Council at the Society of Maritime Industries UK.
Spirit Energy forced to close Morecambe Bay platform over fire safety concerns
Spirit Energy has been forced to curtail natural gas production at a platform in Morecambe Bay in order to conduct a fire safety inspection, a spokesperson has confirmed.
Starmer appoints ex-Office of Fair Trading chief to lead nuclear taskforce
The prime minister has appointed ex-Office of Fair Trading boss John Fingleton to head up the country’s nuclear taskforce.
AI is the ‘new industrial revolution’ for offshore survey
Artificial intelligence has the capacity to revolutionise the marine energy industry, but part of the challenge is deciding which data to conserve and how.
Starmer loosens climate targets in response to US tariffs
The UK will scale back its ambitions for a transition to electric vehicles by the end of the decade.
UK energy companies will ‘turn to other markets’ due to Trump tariffs – EIC
UK energy companies are expected to "turn to other markets" than the US as a result of Trump slapping a 10% tariff on British exports.
The Tokamak Interview: Warrick Matthews, chief executive
Speaking at Hampton Court Palace on the sidelines of the Terra Carta Sustainable Markets Initiative sustainable transition summit, Tokamak Energy chief executive Warrick Matthews described how his job involves “myth busting” around nuclear fusion.
UK government to profit from nuclear fusion fund
The UK government has invested £20 million into a nuclear fusion investment fund, the first of its kind outside the US.