Latest news
UK delays planning decision on Orsted's Hornsea 4 windfarm
Britain has delayed until mid July a decision on whether to grant permission for Orsted's giant Hornsea Four offshore windfarm, whose footprint on the sea floor partially overlaps that of a BP-led carbon capture project.
read more... 14/02/2023
UK energy support schemes' cost halved as mild winter tames prices
Britain is likely to spend 69 billion pounds ($82.95 billion) on schemes to protect households and business from soaring electricity costs, half of the original estimate, a UK spending watchdog said, as a mild winter softened energy costs.
read more... 07/02/2023
Daily (26.01.2023): European carbon allowances soared on Wednesday after the strongest UKA auction in a year.
Oil prices were steady on Wednesday as US crude inventories rose less than expected, while the upcoming EU embargo on Russian refined products remains a major source of concern for the market. As a result, Brent crude oil went slipped to $86.12 a barrel, while WTI Crude settled at 80.15 USD/bbl.
read more... 26/01/2023
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UK must review decision to block UK-France power cable project
Britain must review its refusal to grant development consent for a high-voltage undersea power cable project linking Britain and France, London's High Court ruled on Tuesday.
read more... 26/01/2023
UK's Crown Estate to lease sites for six offshore wind projects
Britain's Crown Estate will lease sites for six offshore wind projects capable of generating enough green electricity to power more than seven million homes by 2030 under agreements announced on Thursday.
read more... 20/01/2023