The head of Ireland’s state-owned operator EirGrid is to join the UK’s National Grid. Chief Executive Fintan Slye has informed the Board he will be leaving the organisation at the end of December. He will take up a new role with National Grid UK, running its gas and electricity System Operator business. John O’Connor, Chairman […]

The Swiss Federal Council has approved a deal to link the carbon markets of the nation with the European Union. The Emissions Trading System (ETS) aims to reduce the amount of greenhouse gas emissions generated by the sectors responsible for the most emissions. The European Commission has submitted its ratification to the EU Council for […]

Energy company Power NI has announced it will be increasing domestic electricity prices by 5.6% from October. The price hike, which is the supplier’s first in four years, will see electricity bills rise from £470 per year to £497 on average. Power NI blames the increase in the costs of producing electricity, such as the […]

Yorkshire Water is to invest more than £300 million this financial year to improve water and wastewater infrastructure. Projects include a £20 million project at Langsett water treatment works and a £24 million scheme at Rivelin water treatment works, which is expected to be completed in Autumn 2018. In Barnsley, £20 million has been allocated […]

A younger generation of investors are leading the growth in sustainable investing. According to a new survey of 1,000 investors by Morgan Stanley, three quarters of individual investors and 86% of millennial investors said they were interested in sustainable investing. While the figures are consistent with figures from 2015, which registered 71% and 84% respectively, […]

Plans to open the UK’s first battery recycling plant in Scotland have been announced. Ecosurety and Belmont Trading said the facility in Glasgow would have the capacity to process up to 20,000 tonnes of batteries every year. More than £300,000 worth of equipment will be installed at Belmont’s Kilwinning site by September this year to […]

ENGIE is to spend £50 million to revamp its 360MW Ffestiniog Power Station in North Wales. That’s enough to supply electricity to consumers in North Wales for up to three and a half hours at a time. The power station, part of the 2GW First Hydro pumped storage plant in Snowdonia, is expected to play […]

US President Donald Trump has rolled back rules regarding environmental reviews and restrictions on government-funded infrastructure projects. He has signed an executive order, which would speed up the process to get permits for projects including energy production and generation such as fossil fuels, renewables, nuclear and hydro sources as well as electricity transmission and pipelines. […]

Billing blunders cost energy customers around £102 million in the last year. Around 1.3 million householders were overcharged by an average of £79 each – and some are still waiting for a refund, according to uSwitch. Nearly one in three of those affected said they were charged for an amount that didn’t match the meter […]

UK Export Finance (UKEF) is providing $17 million (£13m) for two firms to deliver power projects in Iraq. Enka UK and General Electric (GE) will use the financing for the construction of two 150MW gas-fired power plants at Dhi Qar and Samawa in southern Iraq. They are expected to help alleviate severe energy shortages in […]