Industry rushes to switch to clean energy as cost of state power network becomes crippling
Energy demands of AI place strain on power supplies
Britain’s network operator overlooks batteries up to 30% of the time when they are cheaper, company admits
Oil major trims renewables business and sells off underperforming assets
Traditional power brokers endowed with reserves of fossil fuels will see their global leverage wane
Rapid rollout of solar and wind generation has outpaced ability to store power
Also in today’s newsletter, climate scientist Michael Mann on Exxon’s global outlook
South African energy supplier Eskom’s attempts to decarbonise electricity generation and tackle costly blackouts
Lenders including US hedge fund Elliott in talks over back-up plan as UK’s largest utility struggles to raise equity
Companies can expect higher borrowing costs as investors demand larger premium
New legislation gives regulator Ofwat extra powers on executive pay at utility companies
Closure of final plant at the end of September marks a critical step in decarbonising electricity by 2030
Two foreign directors quit Ukrenergo board over allegedly improper removal of Volodymyr Kudrytskyi
Energy company has sought tie-ups with the Indian group despite last year’s fraud allegations
Minister says new investment a ‘step forward’ for industry after no bids in last year’s round
UK energy companies were allowed by regulator to recoup rising costs through customer bills
New unit could be connected to grid by end of year but optimism over further expansion faces political hurdles
As an artificial lake on the Iberian peninsula attracts more businesses, it has become a victim of its own success
A new UK state body might ease investor fears but any renaissance is likely to be slow
Another highly concentrated discharge from the TapCos
UK’s biggest power station to pay £25mn for historic data failings but Ofgem probe finds no evidence of environmental breaches
Asian nation seeks to become leading player in market dominated by China and Russia
Utility calls for 52 per cent increase in customer bills by 2030 to fund investment
Demand-side schemes support the grid by nudging consumers to change electricity consumption habits
Contested location of GB Energy’s headquarters to be announced soon, says minister
