—>
Main Menu

Energy

Chairman says figures 'regrettable'

SSE profits plunge as renewable energy division created

SSE will bring together its renewables assets in one division   Scottish energy giant SSE has reported a 41% plunge in half-year profits as it announced another reshuffle of itsRead More

Markets

Oil price up, sterling down – and Brown demands new Brexit vote

Gordon Brown
Gordon Brown: believes there should be a second Brexit vote   Oil prices rose after Saudi Arabia said it would cut output by 500,000 barrels a day and by twiceRead More

Changes in power sector

Flexitricity unveils breakthrough in energy market

Ron Ramage and Alastair Martin Flexitricity
Ron Ramage and Alastair Martin in the 24/7 control room (pic: Terry Murden)   Power company Flexitricity has launched a new way for commercial customers to access supplies of gasRead More

When power cuts strike

Keep your business running when power fails

Engineer working on power lines
Power cuts can be caused by a number of factors   Climate change is making our weather be erratic and, in turn, is causing more power cuts in the UK.Read More

World first for Scottish firm

Nova’s ‘holy grail’ tidal project to ‘replace’ coal and nuclear

Nova Innovation tidal power in Shetland
Nova’s tidal array is a ‘game-changer’ for the renewables industry   Scottish cleantech company Nova Innovation has unveiled a the ‘holy grail’ in tidal power that may one day seeRead More

Major shift for energy firm

ScottishPower wholly focused on wind after £702m Drax deal

Cruachan power station
The imposing Cruachan hydro station is part of the deal   ScottishPower has sold its hydro and gas-fired generation to Drax in a deal that will make the Glasgow-based companyRead More

Vulnerable still being hit

Customer switching wipes 10% off energy giants’ profits

Electricity bill
Customers are switching and saving on gas and electricity bills    More customers are deserting the big six energy suppliers in search of better deals, says regulator Ofgem. The exodusRead More

Watchdogs clear deal

SSE-Npower merger ‘does not pose competition risk’ says CMA

Katie Bickerstaffe, SSE-npower
Katie Bickerstaffe: new CEO of the combined group   Competition watchdogs have cleared the proposed merger between SSE Retail and Npower after accepting that it does not pose competition issues.Read More

Record investment by company

BP gets go-ahead for £200m North Sea oil fields

Vorlich
The two fields will come on stream in 2020 (pic: BP)   A £200 million project to extract 30 million barrels of oil from the North Sea has been givenRead More

Deal with Seagreen

SSE extends wind portfolio with Forth acquisition

Offshore wind
SSE expanding its portfolio   Energy company SSE has extended its offshore wind portfolio by taking full control of a wind farm in the Firth of Forth. It is exercisingRead More