Oil and gas company fined £100k for breaching vent consent

NEO has been fined £100,000 for exceeding its vent consent at the Donan, Lochranza and Balloch fields near Aberdeen

Billion-pound Viking Link launches: Powering up 2.5m UK homes

National Grid’s Viking Link, a £1.8bn project connecting the UK with Denmark, has launched today, promising to power millions of homes and deliver billions in consumer benefits

Irish power prices drop

New projections suggest a significant drop in Irish power prices for the fiscal year 2024-2025, with an anticipated 14% decrease from the previous year’s average of €106 per MWh to €91 per MWh

Petrol prices rise by 8p per litre since start of year

Petrol prices have surged by 8p per litre since the beginning of the year, leading to concerns about its impact on households, businesses and the economy

Balancing costs set to reduce nearly by £100m

The latest data reveals that the total balancing costs, encompassing energy imbalance, reserve, response, constraints, voltage, stability and restoration are expected to decline this year

Norway and UK join forces to safeguard North Sea energy infrastructure

Norway and the UK have teamed up to protect vital energy and telecommunications infrastructure in the North Sea

Major power plant in Ukraine destroyed

Trypillya plant near Kyiv was a key electricity provider for three regions

ESO releases 2024 summer outlook for electricity network

National Grid ESO anticipates sufficient available supply to meet summer demand at all times

Jolting the Thames: Electric project to power London’s grid

A project, Electric Thames, aims to introduce electric vessels on the River Thames to supply clean energy to London’s grid

Smaller generators eligible for system restoration payments

Elexon has updated the Balancing and Settlement Code to allow smaller, non-BSC Party generators to receive payments for providing system restoration services