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United Kingdom
UK Government £263MN ‘Tax Calamity’ Warning to Energy Sector
Energy businesses urged to prioritise their compliance to IR35 rules to avoid penalties issued to government warns insurance provider Qdos.
Energy Investment
UK Energy Windfall Tax ‘Undermining Investment'
UK government’s new windfall tax may already be undermining the major investments needed according to Offshore Energies UK.
Hydrogen Project
Green Hydrogen to Heat Scotland
UK gas network operator SGN and RWE have signed a partnership for green hydrogen for domestic heat in Scotland.
United Kingdom
UK’s Ofgem Proposes New Rules to Protect Customers Amid Soaring Energy Prices
Britain's energy regulator on Monday proposed new measures to protect consumers' money and prevent energy suppliers from charging high direct debit payments, a …
Offshore Wind Power
UK’s £130M Subsea Cable Manufacturing Facility Reaches Final Grant Agreement
The project is forecast to create 170 new jobs
United Kingdom
UK ‘Paid £5.1BN for Russian Gas, Oil and Coal in 2021’
The UK spent £5.1 billion on Russian energy imports in the year to April 2022.
United Kingdom
Boris in Pursuit of £1BN for Massive Insulation Scheme
Money from the UK government’s public sector decarbonisation scheme could reportedly be diverted to a new programme
Natural Gas
Ukraine’s Largest Gas Company Secures €300M Loan
The funding will help the company secure gas stocks for the winter.
$75M Green Basket Bond for Green Projects Across Africa
British International Investment, the UK’s development finance institution, has subscribed to a $75 million Green Basket Bond arranged by Symbiotics, an emergi…
Nuclear Power Plant
UK Government Buys Stake in Sizewell C Nuclear Power Station
The UK government has said it will take a 20% stake in the proposed Sizewell C nuclear power project in Suffolk.
Electricity Transmission
Uk’s First Flexibility Demand Shift Trial
The UK’s first trial to shift electricity demand and augment local network capabilities has been completed, allowing customers to capitalise on the opportuniti…
Electric Car
UK Ends EV Buyer Grant Scheme to Boost Infrastructure
The plug-in grant funding will now be used to increase charging access and cut ‘range anxiety’.
LNG
LNG Outage Exacerbates Supply Woes Amid Asian Restocking, Firm European Demand
If the tightening gas supply situation in the light of the Russia-Ukraine war was not enough to roil the LNG markets globally, the shutdown of the Freeport LNG …
Carbon Emissions
UK Emissions Fell by 13% In 2020
Consumer spending remains the largest contributor to UK emissions, according to ONS data.
CCS
UK Launches First CO2 Storage Licensing Round, Bidding to Be ‘Global Leader'
The UK on June 14 launched its first CO2 storage licensing round aimed at supplementing existing licenses and becoming a "global leader" in the field, with as m…
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