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Local Electricity Bill gets backed by council

Local Electricity Bill gets backed by council: A campaign has been given backing from a Salisbury council that will allow area electricity generators to become suppliers in their local communities. During the entire meeting, Salisbury City Council agreed to support the Local Electricity Bill, which if made law would authorise a right to local supply,…
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ACWA Power signs MOU with POSCO Holdings

ACWA Power signs MOU with POSCO Holdings: End product will be utilised to decarbonise POSCO’s steel manufacturing processes and other off-takers in South Korea Riyadh, Kingdom of Saudi Arabia/ Seoul, South Korea; July 19, 2022: ACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, today…
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£2B investment to build BECCS in the UK

£2B investment to build BECCS in the UK Energy giant Drax has signed an agreement with British Steel to investigate opportunities for its steel to be used to build a carbon capture project at its power station within the UK. The signing of a Memorandum of Understanding intends to bring together collectively two large British…
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Largest CO2 supplier in UK may close Cheshire plant

Largest CO2 supplier in UK may close Cheshire plant Is the UK on the way toward a carbon dioxide shortage shock? CF Fertilisers, a subsidiary of CF Industries has said it will shut its Ince manufacturing facility near Chester. The site is one of the only two large fertiliser plants in the country. The company…
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ACWA Power announces first quarter results for 2022

ACWA Power announces first quarter results for 2022: Operating income before impairment loss and other expenses up by 19.5% from the same period in the previous year  Adjusted net profit attributable to equity holders of the parent was SAR155 million, a 10.6% increase from Q1 2021 New Board of Directors appointed meeting post-listing independence requirements…
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New wind farms invested in by Europe totals €41bn

New wind farms invested in by Europe totals €41bn: In 2021, Europe spent an increasing total of €41 billion (£34.6bn) on new wind energy projects. WindEurope’s current report indicates the whole investment was less by 11%, when related to 2020. Nevertheless, the writers of the report mention the investments included 24.6GW of installations, which is…
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Government approval for 1st coal mine in decades likely

Government approval for 1st coal mine in decades likely The government will next declare the go-ahead to a new coal mine as part of its efforts to cut its dependence on Russia’s energy supplies. If the move is settled, it will be the first time in decades that a UK coal mine has been given…
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Onshore wind decline may add £125 more to energy bills

Onshore wind decline may add £125 more to energy bills: Customers’ energy bills might take another hit if the growth of the UK’s onshore wind is stalled. The Energy and Climate Intelligent Unit (ECIU) predicts that if onshore wind remained at 20GW and did not reach the provisional target of 30GW by 2030, the 10GW…
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ACWA Power & KAUST host 1st part of "Innovation Days"

ACWA Power & KAUST host 1st part of “Innovation Days”

ACWA Power & KAUST host 1st part of “Innovation Days” : Thuwal, Kingdom of Saudi Arabia; March 28, 2022: ACWA Power, a leading developer, investor and operator of power generation, desalinated water and green hydrogen plants, along with King Abdullah University of Science and Technology (KAUST), Saudi Arabia’s foremost education and research institution, hosted ‘Innovation…
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Octopus has signed 4 wind farm agreements

Octopus has signed 4 wind farm agreements: Octopus Renewables has reported it has signed 4 wind farm deals. It is an expert clean energy investor and part of Octopus Energy Group. The deals are for wind projects that will be set up in the UK, Sweden, France & Finland along with having an predicted united…
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