United Kingdom

Nina Chestney

UK needs hydrogen, carbon capture to meet net zero goal, National Grid says

27 Jul 2020

LONDON Britain's goal of achieving net zero emissions by mid-century is achievable but immediate action is needed across a range of technologies including carbon capture and storage (CCS), electricity grid operator National Grid said.

Centrica to sell North American energy business for $3.63 billion

24 Jul 2020

LONDON/NEW YORK Centrica Plc on Friday said it was selling its North American subsidiary Direct Energy for $3.63 billion to U.S. integrated power firm NRG Energy , clearing the way for the new head of the British Gas owner to focus on its home markets.

Graphic: Thermal coal to rebound, more gains pegged on tighter supply

23 Jul 2020

LONDON Thermal coal prices are expected to start recovering from lows seen this spring as demand for power grows in tandem with countries loosening Covid-19 restrictions and as more lenders tighten financing for new capacity.

Exclusive: EU stimulus funds attract 1,000-plus green projects

17 Jul 2020

LONDON More than 1,000 climate friendly projects could line up for a piece of the EU's post-coronavirus recovery package, as ministers begin to discuss the bloc's 2021-27 budget and economic stimulus fund, according to research seen by Reuters. | Video

UPDATE 1-European Union carbon permit price hits 14-year high

13 Jul 2020

LONDON, July 13 The European Union's benchmark carbon permit price hit a 14-year high at just over 30 euros per tonne early on Monday.

U.N. chief urges end to coal financing to spur clean energy shift

09 Jul 2020

LONDON United Nations Secretary-General Antonio Guterres urged countries on Thursday to stop financing coal and pledge not to build new coal-fired power plants to enable a shift to clean energy.

INSIGHT-Rooftop revolution: Coronavirus chill upends solar power industry

09 Jul 2020

LOS ANGELES/MADRID/LONDON, July 9 The booming rooftop solar panel industry nosedived overnight when the coronavirus forced homeowners to rein in spending and keep their distance from would-be installers.

Huge acceleration of clean energy innovation needed to meet net zero target: IEA

02 Jul 2020

LONDON A global goal to achieve net zero carbon emissions by 2050 will not be met without a huge acceleration in clean energy innovation, the International Energy Agency (IEA) said on Thursday.

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