Domestic efficiency measures ‘pay for themselves 12 years faster than renewables’

New research highlights how the average renewable installation, such as rooftop solar panels or mini wind turbines, takes 21 years and three months before it starts to make a saving

Glennmont Partners raises €850m in clean finance round

The alternative energy investment firm originally aimed to raise €600 million with the fund

Igloo Energy cuts prices by 3.5%

It marks the third time the challenger energy brand has reduced its prices this year

Centrica
Centrica warns of ‘challenging’ start to the year

The energy giant said factors such as the default tariff cap, warm weather and falling natural gas prices have caused more difficult trading conditions than it hoped for

University of Cambridge
University of Cambridge accepts calls to further explore divestment options

The move follows increasing concern from staff and students regarding the university’s financial investments in oil, gas and coal businesses

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

Coal power
More than 100 finance groups now restrict coal funding

The Institute for Energy Economics and Financial Analysis says organisations are increasingly divesting to protect their assets and work towards decarbonisation

US, China and France lead international green bond market

Climate Bonds’ latest analysis suggests the booming market has room for “huge growth” into the 2020s

Ørsted boosts profit by 18% as it goes green

Ørsted earned an operating profit of DKK22.5 billion (£2.65bn) in 2017, an increase of 18% on the year before. The company’s financial results for the year also show it increased its share of renewable energy by 14% to 64% – its target is for at least 95% of its heat and power generation to be green by […]

US woman hit with shocking $284 billion energy bill

Feel like you’re overpaying on energy bills? How about Mary Horomanski from Erie, Pennsylvania, who was hit with an electricity charge of more than $284 billion (£212bn). Luckily for her the bill was a mistake but it still provided quite the shock – it said she had to pay the entire amount by November 2018, […]