IEA: “Capital spending is insufficient to tackle the energy and climate crises”

Global energy investment is set to increase by 8% this year, the energy forum has estimated

Energy industry slams government plans for a levy on power generators

A trade association has said a windfall tax imposed on electricity generators would jeopardise the UK’s energy security

World needs to spend an additional $1.3bn on energy by 2030

A new report found that oil and gas need a boost in contrast to previous IEA report which urged governments to stop new fossil fuel plans

IEA: Bolder decisions needed for sustainable energy system

The International Energy Agency says global energy investment is falling short of what would be needed to meet continued robust growth in the world’s energy demand

Fall in global energy investment raises security and climate concerns

The International Energy Agency said the share of fossil fuels in energy supply investment rose last year for the first time since 2014

Bye bye DONG hello Ørsted

If you’ve never heard of him you will now. Hans Christian Ørsted was a Danish physicist who worked on electromagnetism and his name has now been taken by energy giant DONG. It will change name from November 6th. Making the announcement today Thomas Thune Andersen, Chairman of the Board of Directors, said: “DONG was originally […]

EY’s Tony Ward on energy investment

  ELN Editor Sumit Bose speaks to Tony Ward, Head of Power and Utilities at EY about the role of the energy sector in the UK’s economy.

Guest Blog: npower’s Wayne Mitchell on marine energy

UK cresting the marine hydro wave As an island nation sandwiched between the immense Atlantic Ocean and the turbulent North Sea, the UK clearly has an abundance of marine energy resources. You only have to visit the coast to see mile after mile of free energy potential washing over the shore, even on a calm […]

Davey fears political consensus on energy “breaking down”

Energy Secretary Ed Davey today sounded the alarm bells about political consensus on energy, saying it is “in danger of breaking down”. In a speech to members of the thinktank IPPR, the Lib Dem MP said energy investment relies on politicians who are “ready to put the national interest above party interest”. Touching briefly on […]