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UK energy security under threat following Hitachi decision

UK energy security under threat following Hitachi decision

Hitachi’s decision to suspend work on the Wylfa nuclear power plant has heightened concerns over energy security in the UK, as government looks to reduce its use of reliable energy sources. The UK’s programme of nuclear construction, which was set to contribute a significant proportion of British power in the […]

French grid calls for restart of coal plants

French grid calls for restart of coal plants

French electricity grid operator RTE called for EDF to recommence operations at its Cordemais coal power plants following a strike, as cold weather closes in on Europe. Workers at the state-owned power plant went on strike on 11 January to protest against the government’s plans to phase out coal power […]

Hitachi halts works on Wylfa Newydd

Hitachi halts works on Wylfa Newydd

Hitachi has suspended plans to build its Anglesey nuclear power plant, putting thousands of jobs at risk. The decision comes following speculation that it would scrap the £20 billion Horizon nuclear facility over concerns of rising construction costs. As a result, the UK will be forced to look at importing […]

Saudis plan regional gas grid

Saudis plan regional gas grid

Saudi Arabia is discussing the opportunities that would come with an interconnected natural gas grid in the Middle East region that would help export the Kingdom’s commodity to the UAE, Kuwait and Oman. Saudi Arabia’s Energy Minister Khalid al-Falih was quoted by Gulf News as saying: “I am talking to […]

German transition away from coal to cost taxpayers billions

German transition away from coal to cost taxpayers billions

The cost of Germany’s transition away from the use of coal could end up setting taxpayers back billions of euros each year over the next two decades. The country’s reliance on the cheap fuel is seen to be one of the reasons it is falling behind on its climate change […]

Cuadrilla’s call to relax fracking regulations rejected

Cuadrilla’s call to relax fracking regulations rejected

The UK has rejected calls from Cuadrilla to relax the country’s fracking regulations, which are “strangling” the development of the industry. Cuadrilla has been forced to cease its operations, at its Preston New Road site on several occasions since it began fracking in the area in October, as a result […]

Premier Oil confirms North Sea interest

Premier Oil confirms North Sea interest

Premier Oil Plc has confirmed it is looking to buy UK North Sea assets, following a report in the Sunday Times that said it was reaching out to shareholders to help it fund the acquisition of $1.5 billion worth of oil fields. Shares in the British company fell by as […]

US warns German companies over Nord Stream 2 involvement

US warns German companies over Nord Stream 2 involvement

The US has warned German stakeholders in the Russian-led Nord Stream 2 pipeline that sanctions could be imposed on them if they continue their involvement in the project. US President Donald Trump has described Germany as being a “captive” of Russia as a result of its reliance on Moscow’s energy […]