Edition:
United Kingdom

Susanna Twidale

SSE to consolidate renewables business as profits dive

1:27pm GMT

British energy supplier SSE Plc plans to create a new company that will include its renewable energy assets in the UK and Ireland in order to improve transparency and help it raise investment, it said on Wednesday.

SSE, Innogy delay UK retail tie-up as price cap looms

09 Nov 2018

LONDON A deal to create the UK's second biggest retail power provider has been delayed to beyond the first quarter of next year, with SSE and Innogy renegotiating merger terms after Britain's regulator proposed a cap on energy bills.

UK energy price cap to save customers 1 billion pounds a year from January 1

06 Nov 2018

LONDON A British price cap on the most widely used domestic energy tariffs will come into force on Jan. 1, 2019, saving households a total of around 1 billion pounds a year, energy regulator Ofgem said on Tuesday.

UPDATE 1-British energy price cap to start from Jan. 1 -regulator

06 Nov 2018

LONDON, Nov 6 A British price cap on the most widely used domestic energy tariffs will come into force on Jan. 1, 2019, energy regulator Ofgem said on Tuesday.

RWE freezes plans for Tilbury gas plant in Britain

05 Nov 2018

LONDON German utility RWE has frozen development of its Tilbury Energy Centre in Britain, which included plans for a 2.5 gigawatt (GW) gas plant, it said on Monday.

Britain's Cuadrilla extracts first shale gas at English fracking site

02 Nov 2018

LONDON Cuadrilla extracted its first shale gas from its site in northwest England, it said on Friday, after it began fracking operations there just over two weeks ago.

UK-Belgium gas pipeline IUK warns Belgium power woes could interrupt gas flows

01 Nov 2018

LONDON Gas flows between Britain and Belgium through the IUK pipeline could be interrupted this winter if electricity supply issues facing Belgium require the pipeline operator to turn off its electricity-driven compressors, it said on Thursday.

Scottish Power to replace gas, hydro projects with UK offshore wind

29 Oct 2018

NORWICH, England Iberdrola's Scottish Power will use offshore wind power to replace the capacity of the gas and hydro power projects it is selling, with wind becoming its sole source of electricity production, Iberdrola's director of Offshore told Reuters.

UK could cut CO2 tax from 2021-22 if total carbon price remains high

29 Oct 2018

LONDON Britain should seek to reduce its carbon tax for power generators from 2021-22 if the total carbon price remains high, Treasury documents published as part of the country's budget showed on Monday.

UK could cut CO2 tax from 2021-22 if total carbon price remains high

29 Oct 2018

LONDON Britain should seek to reduce its carbon tax for power generators from 2021-22 if the total carbon price remains high, Treasury documents published as part of the country's budget showed on Monday.

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