Page 561 – Current News

April 16, 2020

Shell sets its sights on becoming a net zero carbon business by 2050

Global O&G major Shell has unveiled an aim of being a net zero emissions energy business by 2050 “or sooner”.

April 16, 2020

Wind giant EDP hit by Ragnar Locker ransomware attack

European energy giant Energias de Portugal (EDP) was hit by a ransomware attack on Easter Monday, the company has confirmed.

April 16, 2020

Summer Outlook 2020: COVID-19 could cause 20% demand drop in 'uncertain' period

Summer demand could fall by up to 20% due to the effects of COVID-19, according to National Grid ESO.

Nesta's experiment also revealed public misunderstandings surrounding the UK Government’s Energy Price Guarantee. Image: Pixabay.

April 16, 2020

Lockdown causes heating use to soar in British households

As the COVID-19 lockdown continues, British households are using 15% more heating than usual.

April 15, 2020

JXTG Nippon Oil & Energy invests in EV charging platform company Virta

Japan’s biggest petroleum company, JXTG Nippon Oil & Energy Corporation, has become the latest fossil fuel firm to invest into electric vehicles (EVs).

InterGen's Spalding Power Station. Image: John Fielding.

April 15, 2020

Ofgem fines InterGen £37m for market manipulation sending ‘strong message’

Ofgem has fined InterGen £37 million for sending National Grid misleading signals to make what the regulator has described as a “substantial profit”.

April 15, 2020

CfD auction set to be highly competitive with over 10GW likely to compete

The upcoming Contracts for Difference (CfD) auction is set to be highly competitive, with over 10GW of capacity likely to compete.

California’s sun sharing the perfect model for European electricity

April 15, 2020

PPA platform Zeigo raises £800,000 in seed funding round

Energy tech platform Zeigo has raised £800,000 in its Seed Funding Round, with the capital to help it continue to scale.

The Vulnerability Commitment’s signatories include Octopus Energy

April 14, 2020

National Grid ESO unveils 2019 Power Responsive annual report into demand side flexibility

National Grid ESO has published its Power Responsive Demand Side Flexibility (DSF) annual report for 2019, highlighting the uncertainty that remains within the sector.