Drax hands £300m to shareholders while waiting for subsidy
Drax is seeking to invest in bioenergy with carbon capture, use and storage (BECCS) technology at its main power-generation site but is looking to the UK government for a subsidy “bridge”
Power Moves: New chairman for Centrica and more
Kevin O’Byrne will step in to replace Scott Wheway as chairman of Centrica, effective from 16 December 2024.
Apollo toasts offshore renewables innovation recognition in ‘watershed’ year
Aberdeen engineering consultancy Apollo is celebrating its innovation success in offshore renewables in a “watershed” year for the company.
Team GB Energy – going for green gold
In the same week as the Paris Olympics will officially start, the UK Government launched GB Energy, the public energy company focused on advancing and delivering the UK’s clean energy ambitions.
Aberdeen, Edinburgh and Glasgow emerge as final GB Energy contenders
Aberdeen, Edinburgh and Glasgow are reportedly the three contenders for the headquarters of GB Energy.
Labour councillor says business group to blame if GB Energy snubs Aberdeen
An Aberdeen Labour councillor said the “negativity” of local business leaders will be to blame if his party does not select the Granite City as the headquarters for GB Energy.
SNP leader Flynn calls for clarity on Acorn carbon capture project
SNP Westminster leader Stephen Flynn has called for clarity from the UK government over funding for the Acorn carbon capture project in Scotland.
PM: Reaping benefits of clean power will ‘take time’ but bills will fall by £300
Sir Keir Starmer has warned it will “take time” to reap the benefits of clean power initiatives but stood by a claim that Labour’s plans will eventually drive down household bills by £300 a year amid confusion over the commitment.