Edition:
United Kingdom

Nina Chestney

Solar, onshore wind costs set to fall below new fossil fuel energy - report

29 May 2019

LONDON Electricity generated by onshore wind and solar photovoltaic (PV) technologies will in the next year be consistently cheaper than from any fossil fuel source, a report showed on Wednesday, boosting the case for energy sources that don't emit carbon.

British lawmakers demand their pension fund divests fossil fuels

22 May 2019

LONDON A third of British lawmakers called on Wednesday for their 700 million pound ($885 million) parliamentary pension fund to divest its holdings in fossil fuel companies to address the climate change "emergency".

British lawmakers demand their pension fund divests fossil fuels

22 May 2019

LONDON, May 22 A third of British lawmakers called on Wednesday for their 700 million pound ($885 million) parliamentary pension fund to divest its holdings in fossil fuel companies to address the climate change "emergency".

French Engie, Portugal's EDP aim be second-biggest offshore wind developer with JV

21 May 2019

LONDON/PARIS French utility Engie and Portugal's EDP said on Tuesday they will invest 15 billion euros ($16.7 billion) with the aim of becoming the world's number two offshore wind developer after Denmark's Orsted.

Engie, EDP to create 50-50 offshore wind joint venture

21 May 2019

LONDON, May 21 French utility Engie and Portuguese power company EDP will create a 50-50 joint venture in fixed and floating offshore wind, the companies said on Tuesday.

IMO agrees on stricter efficiency targets for some ships

17 May 2019

LONDON The International Maritime Organization (IMO) on Friday agreed stricter energy efficiency targets for certain types of ships in an effort to speed up action to cut the sector's emissions.

Global energy investment steadies at $1.85 trillion after three-year fall - IEA

14 May 2019

LONDON Global energy investment steadied at nearly $1.85 trillion (£1.43 trillion) last year after three years of decline, with slowing energy efficiency and renewables spending offset by increases in oil, gas and coal, the International Energy Agency said.

Power and utility bosses positive on M&A despite deal slump - survey

09 May 2019

LONDON Global power and utility executives are positive about the prospects for mergers and acquisitions in the year ahead, despite deals falling to their lowest level since 2012 in the first quarter, Ernst & Young (EY) said on Thursday.

British Steel gets 120 million pound state loan to cover EU carbon costs

01 May 2019

LONDON Taxpayers will lend British Steel around 120 million pounds to enable Britain's second largest steelmaker to comply with the European Union's Emissions Trading System (ETS) and avert a fine.

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