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Shell Is Betting Big On Offshore Wind Following UK Ban On Russian Oil

Two energy giants will pump £75 million into offshore wind projects, which could light 8.5 million homes, as Britain looks to wean itself on dependence for Russian oil.

read more... 11/03/2022

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Britain to give EDF’s Sizewell C nuclear project $135 mln support

Britain will give 100 million pounds ($135 million) of support to France’s EDF to help it build the Sizewell C nuclear plant in Suffolk, England and encourage new investors in the project, the government said on Thursday.

read more... 27/01/2022

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Israel's Econergy plans renewable energy storage, solar PV capacity in Britain

 Renewables investor Econergy Renewable Energy said on Thursday it plans to develop a portfolio of 800 megawatts (MW) of renewable energy storage and 900 MW of solar photovoltaic (PV) capacity in Britain over the next three years.

read more... 14/01/2022

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Nordic power price hits record high amid Europe

The reference power price for the Nordic region hit a record high on Monday, with prices in southern Norway scaling new heights for a second consecutive day, driven by colder weather and even more elevated prices in continental Europe and Britain.

read more... 21/12/2021

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Portugal's EDP to invest $17.69 billion in UK wind and solar by 2030

Power company Energias de Portugal (EDP) plans to invest 12.86 billion pounds ($17.69 billion) in wind and solar projects in Britain by 2030 as the country strives to lower its emissions to net zero by mid-century.

read more... 20/10/2021

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