The UK’s auction to secure backup power for 2019/20 saw contracts awarded to Centrica, SSE and Drax in the main, with gas-fired power winning top preference.
The senior director of a New York-based international energy consultancy that has tracked European energy markets for two decades believes the EU’s phase-out of coal in favour of gas represents a turning point for the bloc’s energy market.
A shale gas industry task force is recommending that revenues from the industry be used to fund the development of carbon capture and storage projects.
The initial findings of a long-awaited report by the UK Competition and Markets Authority (CMA) into the British energy market have been published today.
Two gas-fired power plants in Lincolnshire, England are facing the threat of closure, with the loss of around 150 jobs.
Analysts at Moody’s Investors Services have today warned of the negative impact of the falling oil price on energy companies.
British Gas owner, Centrica, is down to just two small operational wind farms after selling its stake in the 30-turbine Barrow project in the Irish Sea to Denmark’s Dong Energy.
Centrica has won a contract by National Grid to provide additional power capacity for the UK for winter 2015/16.
What would have been Europe’s largest wind farm, off the north Wales coast, was cancelled yesterday, leaving the wind industry in the UK reeling.
Centrica has officially appointed Iain Conn as CEO. Mr Conn will leave his role as chief executive of BP, downstream, BP's refining and marketing division, to replace Sam Laidlaw who steps down at the end of the year.