Work is expected to start next year on a major offshore wind farm in the Firth of Forth, after RSPB Scotland was denied permission to appeal an earlier go-ahead. Developer Mainstream Renewable Power welcomed a decision by the Court of…

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Drax Group Plc has blamed currency hedging and depreciation of its coal generation assets for the firm’s £83m pre-tax loss, announced in its results for the six months ending 30 June 2017. Cheif executive Dorothy Thompson said: “Delivering reliable renewable electricity…

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Many homebuyers would be able to take out a larger mortgage if the property’s energy performance rating was factored into the lending criteria of mortgage providers, according to new research.  The LENDERS project has mapped how the energy performance rating…

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UK Power Networks has launched a strategy consultation paper outlining its vision for the future of its network, which delivers electricity to London, the East and South East. The paper sets out how the company will transform from being a…

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Up to £20 million is available from the Department for Business, Energy & Industrial Strategy – working with the Office for Low Emission Vehicles and Innovate UK – to fund projects that investigate new business models, consumer awareness and technologies…

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Citizens Advice has said energy network companies should return £7.5bn “unjustified profit” to consumers. The charity has published new research which estimates that key decisions made by the energy regulator Ofgem are allowing energy network companies to make billions in…

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Foresight Group is launching a Smart Bonds Fund to invest in  the UK roll-out of smart meters. The funds raised will generate returns by lending to companies that own, operate and rent installed smart meters to UK energy suppliers. Investors…

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A House of Lords select committee has launched an inquiry into the implications of Brexit for energy security in the UK. The EU Energy and Environment Sub-Committee said UK and the EU have common energy needs, and rely on common…

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Siemens and AES have agreed to form a global energy storage technology and services company under the name Fluence. It will combine the AES Advancion and Siemens Siestorage energy storage platforms. Siemens and AES will each hold 50% of the…

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Ecotricity and Good Energy’s long-standing rivalry has spilled into a boardroom battle, reports the Financial Times. Privately-owned Ecotricity has been acquiring shares in publicly-listed rival Good Energy over the last year and is now its largest shareholder with a 25.3…

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