Latest news
Britain to set out $115 billion-plus plan to cut energy bills
New British Prime Minister Liz Truss will cap soaring consumer power bills on Thursday and promote new sources of energy in an expected 100 billion pound ($115 billion)-plus package designed to limit the economic shock caused by the war in Ukraine.
read more... 08/09/2022
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Britain considers energy bill subsidy for industrial firms
Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in an effort to support hundreds of businesses facing record high energy prices.
read more... 15/08/2022
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Britain looks into funding biomass carbon capture and storage
Britain said it is considering ways to support combining electricity generated using biomass, such as wood pellets, with technology to capture and store the resulting carbon emissions.
read more... 12/08/2022
Britain plans for organised blackouts in January
Britain is making plans for organised blackouts for industry and households over winter when cold weather may coincide with gas shortages, Bloomberg News reported on Tuesday.
read more... 10/08/2022
bp to invest up to £50 million in new global battery research and development centre in Britain
bp today unveiled plans to invest up to £50 million (around $60 million) in a new, state-of-the-art electric vehicle (EV) battery testing centre and analytical laboratory in the UK. bp has previously announced its intention to invest up to £18 billion in the UK’s energy system by the end of 2030; this additional new investment is a further example of bp’s commitment to the country.
read more... 02/08/2022