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Trade unions are urging government intervention as Tata Steel’s new electric arc furnace in south Wales faces a potential year-long delay in connecting to the electricity grid.
The Financial Conduct Authority has closed its investigation into Drax power plant, finding no evidence of misleading shareholder claims regarding wood pellet sourcing after reviewing thousands of pages of material.
The director of the British Chambers of Commerce urged Andy Burnham to permit exploitation of remaining North Sea oil and gas fields to prevent substantial job losses in Scotland and northeast England.
Great Britain faces a 13% surge in energy bills this week as household charges rise to £1,862 annually, coinciding with record consumer energy debt reaching nearly £4.8bn.
A billionaire-led consortium plans to invest £35bn in 14 small modular nuclear reactors across three UK sites, aiming to power millions of homes and datacentres by 2034.
Canada’s proposed one-million-barrel-per-day west-coast pipeline has secured a route and public backing, but forecasted production growth falls far short of the pipeline’s capacity needs.