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€9.7bn proposed for control of EDF by France

€9.7bn proposed for control of EDF by France The French Government today has announced it will offer €9.7bn (£8.2bn) to bring in the impressive 15.9 percent share of the company it does not previously own. In a statement, the French Ministry of Economy stated it will give €12 (£10.2) per share to take full control…
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Failure to deliver net zero plans

Failure to deliver net zero plans Current government programmes to decarbonise industries and support the UK hit its net zero aim by 2050 will be deemed as unsuccessfully executed. The worrisome discoveries come from the analysis report uploaded today by the Climate Change Committee (CCC) which shows that there are massive losses in delivery schemes…
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Norway and EU work to ensure extra gas supplies

Norway and EU work to ensure extra gas supplies The European Commission and Norway have made an agreement to step up co-operation to establish increased gas supplies from the Scandinavian nation to the EU in the short and long term. It is the role of their efforts to boost energy self-sufficiency and work in the…
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UK spent £5.1 billion on Russian energy imports

UK spent £5.1 billion on Russian energy imports £5.1 billion was spent on Russian energy imports by the UK in the year to April 2022. That’s according to a current research discussion report from the House of Commons, which implies the imports from Russia made up 22% of coal, 9% of oil and 4% of…
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Centrica submitted application to reopen ‘largest’ gas storage site

Centrica submitted application to reopen ‘largest’ gas storage site British Gas owner Centrica has submitted an application to the North Sea energy regulator to reopen Rough, which is considered the UK’s largest gas storage facility. The company confirmed it is in “exploratory discussions” with the government about the way Rough could boost the country’s energy…
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Lithuania cuts Russian energy imports?

Lithuania cuts Russian energy imports? Lithuania has stopped importing energy supplies from Russia. The move was confirmed by the country’s Energy Minister Dainius Kreivys who stated: “As of Sunday, Lithuania will have completely cut import of Russian energy supplies i.e oil, electricity or natural gas, due to the Nord Pool’s decision to stop trading Russian…
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Octopus winds its way through UK

Octopus winds its way through UK Offshore wind power has announced today its first contribution in a large UK offshore wind farm in the East of England. Octopus has gathered a 7.75% stake in the 270MW Lincs offshore wind farm off the coast of Skegness. Being operational since 2013, the wind farm consists of 75…
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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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