Wind energy
Subsidy cuts see energy investors shift focus away from renewables

A new report from SmartestEnergy suggests battery storage technology and gas peaking plants are being increasingly invested in

Brexit … and your business energy costs

Brexit heralds a new dawn of uncertainty – so what does this mean for your business energy bill?

Oil and gas exploration
ExxonMobil signs deal to explore 28,000 sq km in offshore Namibia

The territory extends from the shoreline to around 215 kilometres offshore, with depths of up to 4,000 metres at points

Fossil fuel investment
Planned $4.9tn oil and gas investment ‘not compatible with climate goals’

Global Witness suggests any extraction of new oil and gas reserves will see the Paris Agreement’s 1.5°C goal be surpassed

Seismic activity
Could seismic limits mean INEOS steps away from UK fracking?

In a meeting with the Oil & Gas Authority late last year, INEOS called for rules governing the shale gas industry to be relaxed

Steel production
ArcelorMittal investigates hydrogen gas for clean steel production

The company is launching a new project in Hamburg it expects to cost around €65 million

Arctic landscape
President Trump’s order to reopen Arctic to oil drilling was ‘unlawful’

The current US President attempted to overrule a ban brought in by Barack Obama prohibiting offshore drilling in the region

Gas
Italy to lead new-build underground gas storage capacity up to 2023

Analysts expect the nation’s 14 planned and announced facilities will make up 35% of European installations over the period

Renewable deal
EnBW submits binding offer to buy wind and solar firm

The German supplier aims to acquire 100% of the shares in France’s Valeco Group

Pound coins
Energy price cap ‘could see £1.67 billion added to UK bills on the 1st of April’

uSwitch believes this could happen if suppliers increase their rates to match the level of the cap