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Newcleo aims to raise $1.1bn to build small nuclear reactors

UK-based energy company Newcleo intends to raise £900m ($1.1bn) to develop a fleet of nuclear reactors, The Times has reported.

read more... 21/03/2023

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UK Spring budget: Hunt announces $24bn for carbon capture and storage

UK chancellor Jeremy Hunt announced on Wednesday the government’s plans to commit $24bn (£20bn) to carbon capture and storage.

read more... 17/03/2023

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EDF extends operating life of two UK nuclear plants by two years

EDF Energy will extend the operating life of its Hartlepool and Heysham 1 nuclear plants in Britain by two years to March 2026, it said on Thursday, boosting the country's energy security amid turbulent gas and power markets.

read more... 13/03/2023

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Orsted says huge UK Hornsea 3 wind project at risk without government action

Development of what would be the world’s largest wind farm off the coast of Britain is in doubt, with developer Orsted saying it needs more support from the government such as tax breaks to proceed with the project after costs soared.

read more... 06/03/2023

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Utilities expect UK to maintain household power bill support

British energy companies expect the government to change course and maintain its support for households for high gas and electricity bills at or near existing levels after the current package expires in April, reported the BBC on Friday.

read more... 03/03/2023

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