Edition:
United States

Susanna Twidale

Britain's support for Arctic oil and gas incompatible with climate goals -lawmakers

Nov 28 2018

LONDON Britain's support for oil and gas exploration in the Arctic is incompatible with its international climate change commitments, a report from a cross-party group of lawmakers said on Thursday.

Britain eyes large-scale CO2 capture and use by mid 2020s

Nov 27 2018

LONDON Britain plans to help develop the country's first large-scale project to capture, store and use carbon dioxide emissions by the mid-2020s, the Department for Business, Energy and Industrial Strategy (BEIS) said on Wednesday.

Shares in Centrica slide after customers leave, energy output slips

Nov 22 2018

LONDON Shares in Britain's Centrica tumbled 9 percent on Thursday after the energy supplier reported losing customers, lower nuclear power generation and a fall in output at its oil and gas division.

UK must halt back-up power scheme after EU court ruling

Nov 15 2018

LONDON Britain must halt a back-up power scheme aimed at avoiding electricity shortages pending a further investigation by European Union regulators, an EU court ruled on Thursday, which sent shares in UK energy companies tumbling.

UPDATE 3-UK must halt back-up power scheme after EU court ruling

Nov 15 2018

LONDON, Nov 15 Britain must halt a back-up power scheme aimed at avoiding electricity shortages pending a further investigation by European Union regulators, an EU court ruled on Thursday, which sent shares in UK energy companies tumbling.

UPDATE 2-China-designed UK nuclear reactor plan clears second assessment stage

Nov 15 2018

* Assessment process expected to take around four years (Adds comment from EDF Energy)

UK signals plan to leave EU emissions trading scheme after Brexit

Nov 15 2018

LONDON Britain is likely to leave the European Union's Emissions Trading System (ETS) after Brexit and set up its own equivalent system, UK government documents published late Wednesday show.

SSE to consolidate renewables business as profits dive

Nov 14 2018

British energy supplier SSE Plc plans to create a new company that will include its renewable energy assets in the UK and Ireland in order to improve transparency and help it raise investment, it said on Wednesday.

SSE, Innogy delay UK retail tie-up as price cap looms

Nov 09 2018

LONDON A deal to create the UK's second biggest retail power provider has been delayed to beyond the first quarter of next year, with SSE and Innogy renegotiating merger terms after Britain's regulator proposed a cap on energy bills.

UK energy price cap to save customers 1 billion pounds a year from January 1

Nov 06 2018

LONDON A British price cap on the most widely used domestic energy tariffs will come into force on Jan. 1, 2019, saving households a total of around 1 billion pounds a year, energy regulator Ofgem said on Tuesday.

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