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
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
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
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
Belgium has reached an agreement with French utility Engie to extend the life of two nuclear reactors by 10 years, the prime minister said on Monday, overturning a plan to exit nuclear power in 2025 as the war in Ukraine has changed energy strategy.
read more... 11/01/2023