Official figures confirm that Scotland narrowly missed its goal of matching 100% of its electricity consumption with renewable generation by 2020.
Continue ReadingFossil Fuels Dropped to All-Time Low on British Power Grid on 29 December
Written by Lauren Smith in Electricity
Britain received no coal in its stockings this year. In fact, fossil fuel generation fell to its lowest level yet just days after…
Continue ReadingLow Wind Speeds and ‘Stratospheric’ Gas Prices Hit Good Energy’s Profits
Written by Lauren Smith in Energy Suppliers
Continuing low wind speeds in December will lower the profits of Good Energy by £3 million, the renewable energy supplier and generator said.
Continue ReadingNew Investment Boosts Value of Octopus Energy to £3.7bn
Written by Lauren Smith in Energy Suppliers Renewable Energy
A US$300 million investment from the Canada Pension Plan (CPP) Investment Board will allow British company Octopus to expand its Kraken platform and…
Continue ReadingAs its British rivals go under, cash-flush and ambitious Octopus is expanding into the Italian energy market, acquiring supplier SATO Luce e Gas.
Continue ReadingStudy finds reluctance to change lifestyle in order to combat climate change
Written by Harry in Environment
A survey, conducted by Kantar public has led to the discovery that despite widespread concern about the environment, less than half appear willing…
Continue ReadingStruggling Energy Suppliers Owe a Record £276m to Renewables Fund
Written by Lauren Smith in Energy Suppliers
37 energy suppliers failed to meet an early September deadline for paying into a scheme that supports renewable generation, leaving a record £276…
Continue ReadingScottish Power Profits Hit by High Gas Prices and Low Wind Speeds
Written by Lauren Smith in Energy Suppliers
Scottish Power has reported a sharp downturn in profits across the first nine months of 2021, with its energy retail business clobbered by…
Continue ReadingDoubling Onshore Wind Would Slash £16.3bn from Energy Bills
Written by Lauren Smith in Renewable Energy
Doubling the UK’s onshore wind capacity by 2030 would save every household £25 on their energy bills each year, trade body RenewableUK has…
Continue ReadingSSE’s renewable assets produced a third (32%) less electricity than expected between April and September, as historically low winds and dry weather hit…
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