Author Archive
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TotalEnergies to sell West of Shetland gas assets
TotalEnergies has agreed to sell its entire interest in West of Shetland assets, including gas fields and the Shetland Gas Plant, to The Prax Group, pending regulatory approval. These mature assets currently yield approximately 7,500 barrels of oil equivalent per day for TotalEnergies, predominantly composed of 90% natural gas. The transaction involves the transfer of […]
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TotalEnergies to sell West of Shetland gas assets
TotalEnergies has agreed to sell its entire interest in West of Shetland assets, including gas fields and the Shetland Gas Plant, to The Prax Group, pending regulatory approval. These mature assets currently yield approximately 7,500 barrels of oil equivalent per day for TotalEnergies, predominantly composed of 90% natural gas. The transaction involves the transfer of […]
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Boiler Upgrade Scheme sees high heat pump grant uptake
The government’s latest update on the Boiler Upgrade Scheme has revealed a robust uptake in heat pump grants. As of May 2024, the scheme has received a total of 43,246 voucher applications, with the majority, 96%, allocated towards Air Source Heat Pump (ASHP) installations. This preference for ASHP grants has been consistent since the scheme’s […]
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Infinity Power to build 4GW of renewable energy in Cameroon
Infinity Power, a partnership between Egypt’s Infinity and UAE’s Masdar, has announced a memorandum of understanding (MoU) with the Cameroon West Regional Council to develop up to 4GW of renewable energy by 2035. The agreement aims to deploy various renewable technologies across Cameroon’s Western Region to enhance domestic power supply. The initiative is part of […]
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Statkraft trims green energy targets
Statkraft has revealed a revised strategy aimed at adapting to changing market conditions. The Norwegian company, known for its extensive portfolio in hydroelectric power, has adjusted its targets for new renewable capacity amidst lower energy prices and increased costs. Under the new strategy, Statkraft will focus on its core operations in hydroelectric power, aiming to […]
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Energy price cap forecast drops just before election
Cornwall Insight has revised its forecast for the default tariff cap for October-December 2024, predicting a decrease to £1,723 annually for a typical dual fuel consumer. This marks a reduction of nearly £40 from the previous forecast in May. Despite this drop, the new cap would still represent a 10% increase from the £1,568 cap […]
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City’s deepest dig: Milestone for Salisbury Square project
The City of London Corporation celebrated a key moment in the Salisbury Square Development with the completion of its deepest excavation phase, known as “Bottoming Out.” This milestone, marked by a ceremony attended by prominent figures including Lord Mayor Michael Mainelli and The Lady Chief Justice Baroness Carr of Walton-on-the-Hill, signals substantial progress in the […]
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UK public supports ending ban on onshore wind farms post-election
Nearly three-quarters of the UK public are in favour of lifting the de facto prohibition on new onshore wind farms shortly after the election, according to recent polling. The Conservative Government announced changes last year aimed at simplifying the construction of onshore wind farms. However, critics argue that these measures have not adequately addressed the […]
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British Gas to tackle fuel poverty in 1,500 Welsh homes
British Gas has selected Sero to provide retrofit coordination services for approximately 1,500 homes annually over an initial three-year period. Cardiff-based net zero technology specialist Sero will oversee a programme of works to decarbonise homes, aligned with the PAS2035 retrofitting standard. This includes implementing low carbon technologies such as insulation, low carbon heating, and renewable […]
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Trailblazing approach saves water and cuts energy and carbon, at range of business and public sector sites
As part of a pioneering project, water efficiency audits have been delivered and free water-saving kit’s been installed, in 2024 – helping cut energy use and carbon emissions. It follows a large-scale project, also delivered by Water Plus, involving 200 sites, in 2023. The work is down to a partnership between business water retailer Water […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas