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